Browsing Tag

growth

SWEDD sets agenda for advancing demographic growth in Africa


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In a gathering spanning four days in the heart of Burkina Faso's capital, the annual steering committee of the SWEDD (Sahel Women's Empowerment and Demographic Dividend) project concluded with a resolute vision for the upcoming year.…

Nigeria: Value Added Tax Hits 21.34% Growth Rate


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Value Added Tax (VAT) for the third quarter of 2023, has shown a growth rate of 21.34% on a quarter-on-quarter basis from N781.35 billion in Q2 2023 to N948.07 billion, data from the National Bureau of Statistics has shown. In its…

AfDB seeks growth in the export of Africa’s agricultural products


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The African Development Bank (AfDB) President, Dr Akinwumi Adesina, says the highway to wealth on the continent is from the export of value-added agricultural products. Akinwumi said this at the ongoing 2023 Africa Investment…

Podcast: Spotify records high listenership growth in Nigeria


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Global online streaming platform, Spotify revealed that the podcast listenership in Nigeria has recorded tremendous growth between 2021 and 2022. Ncebakazi Manzi, Podcast Manager, Spotify Sub-Saharan Africa, said  this in a statement on…

Britain’s Economy Grows by 0.2% Month-on-Month


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Britain's economy grew by 0.2% month-on-month in April, the Office for National Statistics said. Retailers and the film industry helped Britain's economy inch higher, despite contractions in manufacturing and construction, according to…

Ivorian President forecasts GDP growth of 7.2% in 2023


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The President of the Republic, Alassane Ouattara, has forecasts gross demestic products growth (GDP) of 7.2% in 2023, pointing out the resilience of the Ivorian economy in the face of crises due to the difficult international situation and…

Growth In Sub Saharan Africa to Rebound in 2024


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Amid a global slowdown, growth in Sub-Saharan Africa (SSA) is expected to reduce to 3.6 percent before rebounding to 4.2 percent in 2024, the International Monetary Fund (IMF) has said. The IMF Regional Economic Outlook for SSA: “The Big…

Nigeria’s Insurance industry Assets hit N2.328bn


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Nigeria's Insurance industry Assets hit N2.328 billion in the fourth quarter of 2022 sustaining a positive growth that signifies expansion at the rate of two 2.4% percent, quarter on quarter, (QoQ) and at 4.4 percent year on year (YoY).…

African, Japanese delegates meet to promote continent growth


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African heads of state and a Japanese delegation have met in the Tunisian capital Tunis for talks on promoting "African-led" development. Tunisian President Kais Saied welcomed visitors to the 8th Tokyo International Conference on…

Nigerian Government distributes N100 billion to facilitate MSMEs growth


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Nigerian Government has announced that it has so far disbursed the sum of N100 billion to create jobs for youths and deal with the rising unemployment in Nigeria. This was disclosed in a statement by the Minister of State for Labour and…