No economy thrives on mono commodity trade, none. This is a dynamic the famous Adam Smith understood so well and explained in his piece “Wealth of…
Browsing: GDP
Latest figures have shown that Nigeria’s economy contracted by 6.1% in real terms in the second quarter of 2020 compared to a year earlier. These figures,…
The Bank of Ghana is keeping its interest rate unchanged at 14.5%. This comes after it concluded a $1 billion repo facility with the U.S. Federal…
Nigeria’s economic growth rose to an annual rate of 2.55% in the three months to the end of December, its highest quarterly growth since a 2016…
By the first half of 2019/2020, covering more than six months of imports, Tanzania accumulated $5.5 billion worth of gold and dollar reserves The country’s benchmark…