Facts in Q&A format

Nigeria (8% of its GDP), Botswana (10%) and the Democratic Republic of the Congo (11.4%) have the lowest external debt, according to the International Monetary Fund. ...

As at June 2020, West Africa received the biggest portion of Afreximbank loans (US$5.5 billion or 35%), followed by North Africa, with US$4.2 billion or 27%. The multilateral bank finances trade on the continent. More: Does Zimbabwe get “more than half” Afreximbank loans? ...

Foreign direct investment (FDI) to West Africa fell 21% to US$11 billion in 2019. This was largely due to the steep decline in investment in Nigeria, after consecutive increases in 2017 and 2018. Inward FDI to Nigeria almost halved, to $3.3 billion in 2019 due to a slowdown in investment in the oil ...

Nigeria, South Africa and Egypt were considered Africa’s largest economies in 2021 based on their gross domestic product. ...

Ethiopia’s real gross domestic product (GDP) growth has been, on average, 9.5% per year in the ten years from 2010 to 2019. This is not only the highest in Africa. It is the highest in the world, according to the International Monetary Fund’s World Economic Outlook database. According to the ...

According to the International Monetary Fund, Sub-Saharan Africa's general government gross debt amounted to 57.8% of its GDP in 2021. ...

Mozambique (105.6% of its GDP), Zimbabwe (88.9%) and Angola (79.3%) have the highest debt, according to the International Monetary Fund. ...

Africa had a projected unemployment rate of 6.7% in 2021, affecting an estimated 34.8 million people. North Africa's unemployment rate was estimated at 11.7% in 2021, compared to 5.9% for sub-Saharan Africa in the same year. ...

Bitcoin is a decentralised digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Each and every Bitcoin transaction that’s ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. Core ...