Research and Analytics
Research and Analytics
Like any other companies, financial institutions prepare financial statements for regulatory purpose and assist their users in making economic decisions. However, banks’ business models are different from other companies. Thus they attract a unique regulatory focus.
This exposition tries to carry out a comparative analysis between Nigeria and selected economies in Africa. South Africa in Southern Africa, Egypt from Northern Africa, Kenya from East Africa and our neighbour (Ghana) in the same West African coast.
According to the WEF, a country’s performance on the overall GCI results as well as each of its components is reported as a ‘progress score’ on a 0-to-100 scale, where 100 represents the ‘frontier’, an ideal state where an issue ceases to be a constraint to productivity growth. This means that the more a country moves closer to 100 points, the better it is for her. The 2019 edition of the report therefore focuses on 141 economies of the world which account for 99% of the world’s GDP.
With an estimation that over half of global population growth through 2050 will come from Africa (UN Estimates), the continent has the world’s fastest growing population. The continent is a 2.49 trillion dollars economy in terms of GDP (a total of 54 countries) and it houses around 1.2 billion people. The aim of this research is therefore to provide macroeconomic analysis of four countries (Nigeria, Kenya, Egypt and South Africa) given the fact that they constitute the largest markets of Financial Technology in Africa.
The misery index is a measure of how miserable the citizens of a country can be at a particular period of time. It is measured by evaluating the addition of Inflation Rate, Unemployment Rate and Lending rate, minus Year-On-Year growth in GDP per Capita. This shows that the higher the misery index, the more the […]
