From 1970 through the early 2000s, Egypt’s debt interest payments hovered mostly under $1.5 billion, with fluctuations tied to global oil shocks and debt rescheduling.
Payments remained relatively moderate, ranging between $0.7–$1.0 billion annually.
Following Egypt’s 2016 IMF programme and rising external borrowing, payments jumped dramatically, climbing from $1.53 billion in 2016 to $6.13 billion in 2022.
Interest payments hit an all-time high of $9.47 billion in 2023, underscoring the heavy burden of Egypt’s rapid debt accumulation and exposure to global financing costs.
Russia is the volume leader with 37.3M carats, nearly 1.5× Botswana’s 25.1M carats.
Botswana punches above its weight: though producing 33% fewer carats than Russia, its output value almost matches Russia's due to higher value per carat price.
Eight of the top 10 producers are African (Botswana, Angola, DR Congo, South Africa, Zimbabwe, Namibia, Sierra Leone, Lesotho).
Low-volume producers like Namibia (2.4M ct → $1.2B) highlight how smaller deposits can yield high-value diamonds.
Egypt and South Africa dominate Africa’s space presence, with 14 and 13 satellites respectively, accounting for nearly one-third of the continent’s total.
Nigeria (7), Algeria (6), and Morocco (5) form the next tier, highlighting North and West Africa as emerging hubs in satellite development.
The majority of other African countries with satellites, including Rwanda, Ethiopia, Zimbabwe, Djibouti and Angola, have two satellites each.
Out of 54 African nations, only 18 have any satellites in orbit, underscoring the vast disparity in space investment and technological capacity across the continent.
Sterling Financial Holdings Company is Nigeria’s youngest listed PLC, at just 3 years (incorporated October 13, 2021).
Access Holdings and GT Holding Company are both only 4 years old, showing how recent banking reforms are shaping listing dynamics.
Airtel Africa is just 6 years old as a listed entity, highlighting the recent telecoms push into capital markets.
BUA Cement, only 11 years old, reflects how strategic industrial players are now aggressively leveraging public listings.
Financial services dominate the young PLCs list, from VFD Group (15 years) to First Holdco, Stanbic IBTC, and FCMB Group—all under 15.
Real estate and infrastructure players like UPDC REIT (12 years) and AVA Infrastructure Fund (10 years) show that capital-intensive sectors are increasingly tapping the market early.
