Former Finance Minister Ken Ofori-Atta was declared a fugitive amid financial scandal allegations.
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Africa's startup ecosystem is thriving, with significant investments in AI, fintech, and agritech. Women-led tech startups are driving innovation, and the continent is witnessing a surge in entrepreneurial activity. The growth of the startup ecosystem is expected to create new opportunities for economic development and job creation.
Innovative, sustainable models are urgently needed to address Nigeria's persistent economic challenges, which range from rising unemployment and poverty to underutilized agricultural and human resources. One such promising approach is the virtual cooperative model, a digitally powered evolution of traditional cooperative societies. The BeepAgro Palliative Initiative (BPI) is at the...
Nigeria's e-payment transactions have reached N1.07 quadrillion, highlighting the growth of digital payments in the country. The surge in e-payment transactions is driven by the increasing adoption of digital payment platforms and the growing demand for convenient and secure payment solutions.
The Nigerian Export Promotion Council (NEPC) has distributed plastic crates to tomato farmers in Kano, promoting global standards.
🌍 Overview of the Informal Sector in Africa The informal sector refers to economic activities that are not regulated or protected by the state. According to the ILO, over 85% of total employment in Africa is informal. This includes street vendors, artisans, small-scale farmers, transport workers, domestic help, and unregistered entrepreneurs. 🇳🇬 Nigeria's Informal...