By Danilo Desiderio For more than half a century, Gross Domestic Product (GDP) has served as the world’s default yardstick for national progress. Yet this narrow...
By Godfred Zina Despite Africa’s economy rising to $2.8 trillion in 2024, there continue to be economic disparities among the 54 African countries, including South Sudan. With...
By Ryan Elcock During a recent conversation with my long-time colleague Len Carby, we discussed my article, “A Strategic Roadmap for the Caribbean: Maximizing Opportunities in...
By Gregory Simpkins When we read articles about the economic health of countries, we often encounter one recurring item: Gross Domestic Product (GDP). It supposedly describes...
Liberia’s gross domestic product (GDP) growth is expected to accelerate to 5.4 percent in 2024, up from an estimated 3.7 percent in 2023. According to data...
Reuters | Nigeria’s economy grew 3.19 percent year on year in the second quarter of 2024, statistics agency data showed on Monday. The growth rate was...
Bloomberg | There is no place like home for African governments shut out of global debt markets by crises that have made foreign borrowing too expensive....
Economies of Angola, Nigeria and South Africa were expected to come out of recession this year.
Kenya’s gross domestic product was estimated to be 25 percent bigger after the authorities changed the base calculation year to 2009 from 2001, sending the east...
Nigeria’s actual gross domestic product (GDP) growth rate for 2013 has been revised down to 5.49 percent, from 7.41 percent previously estimated during a rebasing exercise,...
For most of the past forty years, the opposite was argued, namely that Barbados had lessons for Jamaica due to its combination of fiscal prudence, faster...
Union Bank, a leading Nigerian bank, has revealed that it would seek shareholders’ approval to raise $750 million in June, funds it says would be used...
The Kenyan economy is set to face a strain as the country is moving toward increased security so as to lure prospective investors. Robert Bunyi, chief...
Post 2002 Angola has seen a rapid growth in the country’s GDP which has impacted a positive growth on the banking sector. “In the end of...
Kenya’s economy grew by a slower-than-expected 4.7 percent in 2013 mainly because drought hurt agriculture output. The announcement was made by the planning minister said on...
Nigeria’s interminable focus on fortifying its oil and gas sector could hamper its chance to diversify the economy. This is according to the 2014 Economic Report...
International companies planning to enter the African market will fall short if they fail to consider the culture of the environment. According to the World Bank,...
Nigeria’s booming telecoms sector has helped cement the West African nation’s status as Africa’s largest economy. On Sunday it was announced that Nigeria had overtaken South...
Nigeria overtook South Africa as Africa’s largest economy after a rebasing calculation almost doubled its GDP to more than $500 billion. Gross domestic product (GDP) for...
Nigeria’s National Bureau of Statistics (NBS) will release the country’s rebased GDP calculations proposed for September 2013, on Sunday. The West African country, which is currently...
The World Bank has rated the Bahamas as the wealthiest Caribbean Community (CARICOM) country. The financial institution said that the Bahamas is most economically prosperous country...
Dangote Cement’s gross revenues grew by 29 percent to US$1.82 billion for the third quarter 2013, up from US$1.41 billion recorded in the corresponding period in...
By Carlos Lopes This year Africa celebrates fifty years since the founding of the Organization of African Unity (OAU); never before has the continent been so...
South Africa is about to be seriously upstaged on the African continent. For several years economists have been waiting for a promised revision to Nigeria’s economic...
(Reuters) – Ethiopia’s economy is likely to grow 7 percent a year over the next three to five years, below its average of the last decade,...
The changing fortunes of Africa has become a theme of investment conferences, magazine covers, and the just concluded summit of the BRICS (Brazil, Russia, India, China...
Africa is rising not only on the growth charts of economists. The continent that was a byword for poverty, chaos and bloodshed only a few decades...
The east African country of Tanzania’s Gross Domestic Product (GDP) grew by US$4.5 billion last year compared to 2011, new economic data showed. The March 2013...
International credit rating agency, Moody’s Investors Service, has affirmed Trinidad & Tobago’s Baa1 government bond rating, adding that the twin-island republic’s economic outlook “remains stable”. The...
Barbados Prime Minister Freundel Stuart Moody’s Investors Services has downgraded Barbados’ credit rating to Ba1 from Baa3 citing the country’s lukewarm economy and rising government debt...
Haiti is projected to lead the Caribbean in gross domestic growth (GDP) growth in 2013, according to a new report from the United Nations Economic Commission...
By 2050, Nigeria will be the most populous country in the world and the African economy will be bigger than that of the United States and...
The economy of Haiti is projected to grow 6 percent in 2012, followed by 7.5 percent gross domestic product (GDP) growth in 2013, according to the...
Sierra Leone is a country on the rise. Sierra Leone suffered a decade-long brutal war that ended in 2002. The country’s gross domestic product GDP is...
(Reuters) – “There’s more to life than gross domestic product (GDP),” is a favorite refrain of left-leaning social commentators and environmental activists. But when it comes...
While Jamaica saw positive gross domestic product (GDP) growth in 2011, following three consecutive years of decline, its recovery remains “fragile,” according to the International Monetary...
(Reuters) – Mozambique’s economic growth accelerated to 8.1 percent in the fourth quarter of 2011 from 6.5 percent in the third quarter, data from the National...
Sir Dwight Venner, Governor of the Eastern Caribbean Central Bank. PHOTO/File (Jamaica Observer) – Deeper economic union is at the centre of the Eastern Caribbean’s attempts...
Governor General Sir Patrick Allen said young men must be taught character traits such as responsibility, perseverance, discipline, honesty, courage, fairness, respect, integrity, citizenship and patriotism....
