Nigeria longs for return to strong progress [Business Africa]

Nigeria’s progress charges for the final ten years haven’t been anyplace close to spectacular.

After posting 6.31% in 2014, the nation noticed a downward spiral, barely registering any progress in 2020.

In 2022, the economic system grew 3.1% prompting optimism that after Covid, a rebound is on the way in which.

However a botched introduction of latest financial institution notes has needlessly damage financial exercise and crippled companies.

Characterised by inflation, excessive unemployment, rising debt and falling oil manufacturing, Nigeria’s economic system has featured prominently within the election marketing campaign discourse.

Andrew Nevin is a accomplice and Chief Economist at PWC in Nigeria. He joins the present to debate what Nigeria’s incoming administration must do to unlock progress.

South Africa: Urge for food for strawberry rising ticks up

Strawberries historically develop in low temperature circumstances. In recent times, scientists have bred new varieties that do properly in scorching and humid areas.

And farmers in South Africa are leaping on the alternative.

DR Congo to develop 8% backed by mining

A commodity growth underway since 2022 helps Kinshasa report sturdy GDP progress.

The nation’s economic system is projected by the Worldwide Financial Fund (IMF) to broaden 8% this 12 months, after rising 8.5% in 2022, because of a rise in mining manufacturing.