Economy Which West African country gets the most foreign direct investment? Source The World Investment Report 2020 (United Nations Conference on Trade and Development) Short answer Which West African country gets the most foreign direct investment? 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 ... Back Full answer
#YouAsked Economy Which is Africa’s fastest-growing economy? Source International Monetary Fund and World Bank Short answer Which is Africa’s fastest-growing economy? 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 ... Back Full answer
Economy What is bitcoin and how does it work? Source What Is Bitcoin And How Does It Work? – Forbes Advisor Short answer What is bitcoin and how does it work? 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 ... Back Full answer