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African Countries Adopt Blue Economy

Countries like Kenya, Tanzania, South Africa, Mauritius, Comoros, Madagascar and the Seychelles are recognising the need to diversify their economies, hence the introduction of the Blue Economy. The African Union has also adopted the blue economy. The Blue Economy involves exploiting resources such as oceans, lakes and rivers, into its 2063 development agenda for socio-economic transformation. Read more

Mobile Eco-system in Africa projected to contribute $150 billion by 2022

According to the latest edition of the GSMA Mobile Economy, Africa’s mobile Ecosystem is projected to increase enough to add up to $150 billion to the economy by 2022, which is almost 8 percent of the regional GDP. The new report forecasts that there will be 634 million unique mobile subscribers across Sub-Saharan Africa by 2025, increasing mobile subscription to more than half of the population. Read more

Over 500,000 Nigerians migrate out of the country in 2016

According to Nigerian Immigration services, over 500,000 Nigerians migrated out of the country in 2016 as a result of economic hardship and other issues. Read more

Former Minister of Finance appointed as a board of director for Twitter

Mrs Okonjo-Iweala, who served in the administration of former President Goodluck Jonathan, as the minister of finance, has been appointed as an independent director of social media giant, Twitter. Read more

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