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Over 7.2 million businesses closed in Nigeria under President Bola Tinubu’s government, leading to a reported N94 trillion loss due to multinational divestments. Approximately 30% of the country’s 24 million …
Economic Crisis in Nigeria: Over 7 Million Businesses Closed Amidst Downturn Read More
Thailand’s Prime Minister Paetongtarn Shinawatra announced a digital wallet initiative targeted at youth aged 16-20 to stimulate the economy. This plan was discussed in the context of broader fiscal policies …
Thailand Introduces Digital Wallet Scheme for Youth Aged 16-20 Read More
Fitch Solutions forecasts a 4.2% growth for Cameroon’s economy in 2025, up from 3.7% in 2024, driven by consumer spending and cocoa exports. Public sector spending may be constrained due …
Cameroon’s Economic Growth Projected at 4.2% in 2025 Driven by Cocoa and Infrastructure Read More
Nigeria’s 2025 budget, totaling N54.99 trillion, aims to support economic expansion, emphasizing stability and growth through significant investments in various sectors. The budget, termed the “Budget of Restoration,” reflects a …
Nigeria’s 2025 Budget of N54.99 Trillion: A Strategic Move for Economic Expansion Read More
Ghana’s GDP growth reached 3.6% in Q4 2024, the lowest since Q3 2023, down from a 7.5% growth the previous quarter. The industrial sector grew only 0.2%, while services and …
Ghana’s GDP Growth Declines to Lowest Level in Over a Year Read More
Ghana’s economic growth slowed to 3.6% in Q4 2024 from 7.2% in Q3. Industrial growth was minimal at 0.2%, and agriculture grew by 2.9%. The cocoa sector suffered a 21.4% …
Ghana’s Economic Growth Faces Challenges Amid Cocoa Sector Decline Read More
Argentina’s automotive sector reported a significant production increase of 41.1% in February, totaling 42,419 units. Exports rose by 102.1% compared to January, though they decreased by 4.6% year-on-year. This growth …
Significant Growth in Argentina’s Automotive Sector in February 2024 Read More
Ghana’s economic outlook as of February 2025 indicates a strong economic growth of 6.3% in 2024, but challenges like inflation (11.5% projected for 2025) and poverty (peaking at 31.5%) persist. …
Ghana’s Economic Outlook: Opportunities Amidst Challenges in 2025 Read More
Fitch Solutions projects Ghana’s primary income deficit to remain low at 3.1% of GDP, aided by a debt restructuring agreement that reduces debt service obligations by $3.5 billion until 2026. …
Ghana’s Primary Income Deficit Projected to Remain Low Amid Debt Restructuring Read More
Argentina’s economy demonstrated a growth of 4.7% in 2025, largely due to fiscal adjustments by President Milei, with projections for continuing growth. Public spending is expected to decrease significantly, reflecting …
Argentina’s Economic Growth Projection for 2025: A Result of Milei’s Reforms Read More