It will only take great and literate minds to understand what these situations are costing businesses every day. It’s not for self; it’s for everyone. I’m glad Folajomi spoke on this.
Human capital index shows why Kenya will be next to industrialise in SSA after Mauritius
This strongly correlates with The Time Travelling Economist
PS The World Bank should write names, and not country codes. It would “democratise” information rather than be only for elites
Believe it or not, many introverts have a great sense of humour. Their problem is often to get the conversation going. Once they can get the conversation going and they can relax, they can actually network as well as anyone.
I am Ezemmuo. I know things.
#NaijaKnowledgeX ✌🏽
Africa pulled in a record $97 billion in FDI in 2024, but this headline number hides a tale of sharp contrasts. Egypt alone attracted over $46.6 billion, nearly half (48%) the continent’s total, driven by the $35 billion Ras El-Hekma megadeal and wide-ranging economic reforms. Other high-performers included Zambia, which posted an eye-popping +1340% growth, and Côte d’Ivoire, Mozambique, and Guinea, all seeing solid double-digit gains.
On the flip side, Nigeria’s FDI plunged to $1.08 billion, down from $1.87 billion in 2023 (–42%), while South Africa, Namibia, and Senegal also recorded sharp drops.
In 2024, global foreign direct investment (FDI) rose modestly to $1.51 trillion, continuing a gradual post-pandemic recovery but still far below the $2.2 trillion peak of 2015, with Egypt’s inflows growing more than 370% year-on-year.
The United States, Singapore, and China remained the top destinations, drawing over $538 billion combined. Capital flows continued to concentrate, with just 10 countries accounting for 63% of global FDI. Among them, the standout was Egypt, which climbed to 8th place globally with $46.6 billion, outperforming larger economies like the United Arab Emirates and Mexico.
This dramatic leap, driven by a $35 billion UAE-backed megaproject in Ras El-Hekma and sweeping domestic reforms, marks a rare moment where an African country disrupts the global investment hierarchy.
🚨🇮🇹 BREAKING: Gennaro Gattuso has agreed to become new Italy national team head coach.
Gattuso will replace Luciano Spalletti with immediate effect, agreement done.
To the ones least seen, the ones who lead with Love, care and sacrifice, the surest and closest examples of The Father’s Love…
Happy Fathers Day to you!❤️🔥