Education How much money does Africa receive in foreign aid to improve education standards? Source OECD Creditor Reporting System (CRS) Short answer How much money does Africa receive in foreign aid to improve education standards? In 2022, African countries received approximately $38.32 billion in Official Development Assistance (ODA) for education, according to the OECD Creditor Reporting System (CRS). ... Back Full answer
Education How many universities are there in Africa? Source Uniranks - Africa University Rankings Short answer How many universities are there in Africa? As of 2023, there are 2,389 universities in Africa according to the UniRanks Africa University Rankings. This is an increase from 2020, when there were 1,225 officially recognized higher-education institutions in Africa as reported by the UniRank database. The growth in the number of uni... Back Full answer
Education What is the out of school rate for girls in Africa? Source World Bank: Closing the gap: Tackling the remaining disparities in girls’ education and women’s labor market participation Short answer What is the out of school rate for girls in Africa? The out-of-school rate for girls in Africa, particularly in sub-Saharan Africa, is a major concern. According to the World Bank the lower secondary completion rate for girls in sub-Saharan Africa is 43%. This rate drops further to just 25% at the upper secondary level of education. These figures hig... Back Full answer
Economy Which three countries in Africa have the least debt? Source Regional Economic Outlook IMF Sub-Saharan Africa: A New Shock and Little Room to Maneuver Short answer Which three countries in Africa have the least debt? According to the International Monetary Fund, The Democratic Republic of Congo (11% of its GDP), Botswana (21% of its GDP), and Equatorial Guinea (26%) have the least debt. ... Back Full answer
Economy Which West African country receives the most foreign direct investment? Source UNCTAD: World Investment Report 2023 Short answer Which West African country receives the most foreign direct investment? Senegal was West Africa's largest recipient of foreign direct investment (FDI) in 2022 with $2.6 billion. Nigeria, previously West Africa's largest recipient, saw FDI flows turn negative to -$187 million in 2022 as a result of equity divestments. ... Back Full answer
#YouAsked Economy What countries have the largest economies in Africa? Source IMF: World Economic Outlook (2023) Short answer What countries have the largest economies in Africa? Nigeria and Egypt lead the way as Africa's biggest economies, each with a GDP of $477 billion, followed by South Africa with a GDP of $406 billion in 2022. ... Back Full answer
Economy Which are the three countries in Africa that are the most indebted? Source International Monetary Fund - Regional Economic Outlook: Sub-Saharan Africa: The Big Funding Squeeze Short answer Which are the three countries in Africa that are the most indebted? Eritrea (146% of its GDP), Cabo Verde (120% of its GDP), Mozambique and Zimbabwe (both 102% of their GDP) have the highest debt, according to the International Monetary Fund. ... Back Full answer
#YouAsked Economy Which is Africa’s fastest-growing economy? Source African Economic Outlook 2023 Short answer Which is Africa’s fastest-growing economy? Benin, Côte d’Ivoire, Ethiopia, Rwanda, and Tanzania are among the world’s 10 fastest-growing economies in 2023-24. ... Back Full answer
Economy What is Africa’s unemployment rate? Source ILO: Mutually reinforcing crises have worsened the global employment divide Short answer What is Africa’s unemployment rate? The unemployment rate in 2023 is projected to be 11.2% in North Africa and 6.3% inSub-Saharan Africa. ... Back Full answer