Economy How much money do non-residents of Zimbabwe send home in a year? Source Monetary Policy Statement – 18 February 2021 (Reserve Bank of Zimbabwe) Short answer How much money do non-residents of Zimbabwe send home in a year? In the year 2021, diaspora remittances – or funds sent home by Zimbabwe’s non-resident population – amounted to US$5.4 million, a 58% increase from the previous year of $6.3 million. The increase is mainly due to the liberalisation of the use of free funds in the country and improved channelli... Back Full answer
Economy What region receives the largest share of African Export Import Bank (Afreximbank) loans? Source African Export-Import Bank: Half Year 2022 Results Presentation Short answer What region receives the largest share of African Export Import Bank (Afreximbank) loans? West Africa accounted for 42.9% of Afreximbank loans in the first half of 2022. The major beneficiaries of this support were the financial services and oil and gas sectors. The bank has stepped in to fill the financing gap created in the oil and gas sector following the withdrawal of international b... Back Full answer
Economy How many small to medium enterprises (SMEs) are there in Nigeria? Source Africa Check FACTSHEET: What the numbers say about the fortunes of Nigeria’s women Short answer How many small to medium enterprises (SMEs) are there in Nigeria? In Nigeria, the official statistics agency regards small and medium enterprises as businesses that employ 10 to 199 people. A national survey in 2017 found that Nigeria had 73,081 such businesses. ... Back Full answer
Sex & gender Economy What share of Nigeria's female population is employed by SMEs in Nigeria? Source Africa Check FACTSHEET: What the numbers say about the fortunes of Nigeria’s women Short answer What share of Nigeria's female population is employed by SMEs in Nigeria? The statistical report on women and men showed 43.43% of people employed by these businesses were women. ... Back Full answer
Economy How much of Nigeria’s oil assets are held by individuals? Source Africa Check FACTSHEET: What the numbers say about the fortunes of Nigeria’s women Short answer How much of Nigeria’s oil assets are held by individuals? According to the Organization of the Petroleum Exporting Countries (Opec), Nigeria has 36.9 billion barrels of crude oil reserves. These are held in oil blocks owned by both companies and individuals. Exploration and crude export activities in these oil blocks sometimes use a joint venture, an ag... Back Full answer
Economy What is the eNaira? Source Government of Nigeria: eNaira Short answer What is the eNaira? The eNaira is the Nigerian digital currency that is issued and regulated by the Central Bank of Nigeria. To start using the eNaira, you have to download the app from either the Google Play Store or Apple Store. You then enter identification details and after these are validated your account is ac... Back Full answer
Land Agriculture How much of South Africa’s land is agricultural land? Source World Bank: Agricultural land (% of land area) – South Africa Short answer How much of South Africa’s land is agricultural land? According to data from the World Bank, agricultural land makes up 79.4% of South Africa’s land area. More: Frequently asked questions about land ownership and demand in South Africa ... Back Full answer
Land How much of Africa’s land could be considered arable land? Source FAO Africa’s Arable Land 2020 Short answer How much of Africa’s land could be considered arable land? Data from the Food and Agriculture Organization of the United Nations shows that Africa's total arable land amounts to just over 2.38 billion (238469,4408) hectares. ... Back Full answer
Land What are the three main land uses in Nigeria? Source FOA Country Report: Nigeria 2020 Short answer What are the three main land uses in Nigeria? According to the Federal Office of Statistics (FOS), Central Bank of Nigeria (CBN), and the Food and Agricultural Organisation (FAO,) agricultural cropland (any land capable of being ploughed and used to grow crops), floodplain agriculture (wherein receding or rising floodwaters provide water for cr... Back Full answer