Facts in Q&A format

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…

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?

According to the Rivers State approved budget, in 2020 the sum of N49.471 billion was proposed for the education sector which represents 9% of the state’s total budget. In 2021, some N30.466 billion was allocated to education representing 6.7% of the state’s total budget.

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…

In the year 2020, diaspora remittances – or funds sent home by Zimbabwe’s non-resident population – amounted to US$1 billion, a 58% increase from the previous year of US$635.7 million. The increase is mainly due to the liberalisation of the use of free funds in the country and improved channelling…

The tourism sector is estimated to have generated about US$1.25 billion in tourism in 2019. This is a 10% fall from an estimated US$1.39 billion recorded in 2018 and is largely a result of the fall of international tourist arrivals and the depressed domestic arrivals due to the prevailing economic…

The official unemployment rate increased by 1.7% to 32.5% in the fourth quarter of 2020 compared to 30.8% in the third quarter of 2020. 

 

Related: Frequently asked questions about jobs in South Africa

In the fourth quarter of 2020, the official unemployment rate for young people (aged 15–24 years) was 63.2%, a 1.9% increase from 61.3% in the third quarter of 2020.

 

Related: Is youth unemployment in South Africa among the highest in the world?