Author: InvestAdvocate

The Clock is Ticking on Sub-Saharan Africa’s Urgent Job Creation Challenge

(Credit: IMF Photo/Cynthia R Matonhodze) November 12, 2024/IMFBlog By Athene Laws, Faten Saliba, Can Sever, and Luc Tucker As the rest of the world grapples with aging populations, Africa’s population is booming. By 2030, half of all new entrants into the global labor force will come from sub-Saharan Africa, requiring the creation of […]

Nigeria’s Public Debt Rises to N134.30Tn in Q2 2024

November 12, 2024/CSL Research According to recent data from Nigeria’s Debt Management Office (DMO), the country’s total public debt in Naira terms reached N134.30 trillion (US$91.35 billion) at the end of Q2 2024. This reflects a 10.35% increase from N121.67 trillion (US$91.46 billion) in Q1 2024 and a significant 53.69% […]

Singapore TransferTo, Ecobank Forge Strategic Partnership to Expand Financial Access, Cross-Border Payments Across Africa

Thunes, Ezra, DT One and Ecobank collaboration to expand access to credit, digital products and cross-border payment solutions November 12, 2024/Ecobank TransferTo, a  Singapore-based global technology group, and Ecobank Group, the leading pan-African financial institution, announce a landmark Memorandum of Understanding (MOU), laying the groundwork to transform financial access and […]