April 12, 2023/CSL Research According to Punch newspaper, the increased 5G rollout and 4G expansion contributed to the increase in foreign investments (up 325.12%) into the telecommunications sector in 2022. The capital importation data from the National Bureau of Statistics (NBS) showed that the telecoms sector attracted US$456.82m in 2022 […]
OPINION/EDITORIAL
World Bank’s Africa’s Pulse: Leveraging Resource Wealth During the Low Carbon Transition
April 11, 2023/World Bank Group The April 2023 edition of the Africa’s Pulse shows growth across Sub-Saharan Africa remains sluggish, dragged down by uncertainty in the global economy, the underperformance of the continent’s largest economies, high inflation, and a sharp deceleration of investment growth – and is insufficient to reduce […]
April 2023 World Economic Outlook: A Rocky Recovery
April 11, 2023/IMF The outlook is uncertain again amid financial sector turmoil, high inflation, ongoing effects of Russia’s invasion of Ukraine, and three years of COVID The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in […]
