Technology - Intelpoint

Financial services dominate Nigeria’s digitally delivered exports, contributing $1.15bn (over 74%).
Telecommunications ($184m) and insurance & pension services ($147m) follow, though far smaller.
Computer, information, and IP services registered almost no exports, highlighting untapped digital potential.
Nigeria’s digital exports remain highly concentrated in finance, leaving other sub-sectors underdeveloped.

US imports from Africa grew 23.9% year-on-year to $23.4 billion in H1 2025.
South Africa drove much of the growth, with exports surging 52.2% to $9.5 billion.
Nigeria recorded a 12.1% decline in exports to the US, falling to $2.8 billion.
Algeria also posted a contraction, with exports dropping 13.5% to $1.1 billion.
Egypt’s exports increased 14.8%.
Other African countries collectively expanded exports by 23.5% to $8.6 billion.
Africa’s trade growth with the US continues despite tariff barriers, showing resilience.

US imports from Africa jumped 24% to $23.4 billion in H1 2025 despite tariffs.
Egypt led gains, doubling its surplus with the US to $2.73 billion.
Nigeria swung into a $576 million surplus, reversing last year’s deficit.
South Africa’s deficit with the US nearly doubled to $6.32 billion, dragging the overall balance.

US imports from Africa jumped 24% to $23.4 billion in H1 2025 despite tariffs.
Egypt led gains, doubling its surplus with the US to $2.73 billion.
Nigeria swung into a $576 million surplus, reversing last year’s deficit.
South Africa’s deficit with the US nearly doubled to $6.32 billion, dragging the overall balance.

More than 60% of the countries in Africa are commodity-dependent.
South Sudan leads the list with 99.5%.
Nigeria’s commodity export dependence is 96.3%, dominated by energy (89.7%), followed by agriculture (4.0%) and mining (2.6%).
Africa alone accounts for nearly 47% of all commodity dependent countries globally.

Of the 54 African countries, 46 earn more than 60% of export revenues from raw goods.
Algeria, Morocco, Eswatini, Lesotho, Djibouti, Mauritius, Comoros, and Egypt stand out with less than 60%.
Algeria and Morocco are the least dependent, pointing to stronger industrial and trade sectors.
Lower dependence means greater economic stability, while high reliance exposes countries to volatile global commodity markets.

Gold bullion dominates exports, contributing ¢163.0B (55.3%) of total exports.
Petroleum oils follow distantly at ¢52.6B (17.8%).
Cocoa (beans, paste, butter) remains a vital sector, collectively worth ¢24.7B (8.4%).
Manganese, cashew, tuna, iron/steel, and shea oil are niche contributors, each under 2% of exports.
All other products still make up a significant 14.4% (¢42.4B), showing potential for export diversification.

Apapa Port accounted for 71.6% of Nigeria’s total trade value in Q1 2025 and 82.12% of total exports
Apapa Port handled ₦25.79 trillion worth of goods in Q1 2025, representing 71.6% of total trade. It remains the country’s primary trade hub, far surpassing all other ports combined.
Apapa alone facilitated ₦17.74 trillion or 86.1% of Nigeria’s total exports, showing a high dependency on a single location for outbound goods.
Tin Can Island is the only meaningful secondary hub With ₦3.44 trillion (9.5%) in total trade, ranking a distant second. It’s the only other port contributing more than ₦1 trillion each to imports and exports.
Lekki has limited export impact, despite handling ₦1.70 trillion in imports. Lekki contributed only ₦0.30 trillion (1.5%) in exports, indicating underutilization for outbound trade.
Murtala Muhammed International Airport processed just ₦647.91 billion (1.8%) of total trade, reinforcing that Nigeria’s international trade remains heavily maritime-focused.

Teraco in South Africa is Africa’s largest data centre with 200 MW capacity.
Nigeria follows with a combined 110 MW from Rack Centre and MainOne.
Kenya leads East Africa with a 50 MW facility by Liquid Intelligent Technologies.
Morocco’s 40 MW Maroc Datacenter tops North Africa.

Just 16 out of 54 African countries have launched a national AI strategy.
Over 30 countries remain at the early or inactive stage with no clear roadmap.
Nigeria, Africa’s most populous nation, is still drafting its AI policy.
Leaders include Kenya, Egypt, Ghana, Algeria, Rwanda, and Senegal.
Most low-income and post-conflict states like Chad, Somalia, and South Sudan are far behind.

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