Four analyses show N200,000 in 2014 more than N2 million in 2024
Nigeria is facing an unprecedented economic crisis, with inflation at its highest in decades, the naira down to its lowest ever.
The removal of fuel...
Africa needs $2.7 trillion by 2030 to combat climate change
Africa currently requires approximately $2.7 trillion by 2030, an equivalent to $400 billion annually, to effectively combat climate change, according to a projection by...
Africa losing 5% of GDP annually to climate-related disruptions – UN
African economies lose up to 5% of Gross Domestic Product on average annually because of climate-related disruptions, the United Nations Economic Commission for Africa...
Why cost-of-living crisis is acute in Sub-Saharan Africa – IMF
The International Monetary Fund (IMF) has given reasons it says have intensified the ongoing cost-of-living crisis across Sub-Saharan Africa.
The IMF is a global organization...
COP29: AFDB wants African countries’ GDP calculation to reflect “green wealth”
As the world’s largest annual climate conference opens in Baku, Azerbaijan, this week, the African Development Bank (AfDB) says it is aiming to mobilize...