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Research and Analytics

Macroeconomic

How Competitive is the Nigerian Economy Compared to its Peers in Africa?

By Abdulazeez KurangaPosted on Posted in Analytics, ArticlesTagged , , , , , , , No Comments on How Competitive is the Nigerian Economy Compared to its Peers in Africa?

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.

Macroeconomic Analysis and Comparison of Some Selected Countries in Africa

By Abdulazeez KurangaPosted on Posted in ArticlesTagged , , , , , , No Comments on Macroeconomic Analysis and Comparison of Some Selected Countries in Africa

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.

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