In 2020, 5.2 million metric tons of cocoa were produced globally, with four African countries — Ivory Coast, Ghana, Nigeria, and Cameroon — accounting for 68% of the produce.
Over time, Nigerian workers under 50 have increasingly relied on pension savings during unemployment. This graph illustrates the upward trend with some fluctuations in both the total amount withdrawn — ₦26.9 billion in 2022, and the number of approved withdrawals. Individuals who can withdraw 25% of their retirement savings balance are those who disengaged/retired before the age of 50 years in accordance with the terms and conditions of their respective employment and stayed unemployed for at least six months.
Between 2018 and 2021, adult literacy rates across African nations exhibited significant disparities. Seychelles and South Africa led with literacy rates of 96% and 95%, respectively, indicating a high proportion of literate adults. Conversely, Chad had the lowest literacy rate during this period.
These statistics underscore the uneven progress in educational attainment across Africa, highlighting the need for targeted interventions to improve literacy in lower-performing nations.
Inflation rate in Nigeria increased to 31.7% in February 2024. Nigeria has the 13th highest inflation rate out of 186 countries and territories as of February 2024.
The data showcases Argentina leading with 276%, followed by Lebanon and Syria. Seven of the top fifteen are African.
Nigeria was the seventh most populous nation in the world in 2020, with 206.1 million people. Projected to reach a population of 401.3 million by 2050, Nigeria will rank third after India (1st) and China (2nd). According to Institut national d'études démographiques' projections, Nigeria, Ethiopia, DR Congo, Egypt, Tanzania, and Kenya will be among the world’s top 20 most populous countries by 2050.
The Nigerian movie industry, mainly financed via public or private funding and international grants, produces the most films in Africa, yearly. Nigeria produced more than double the number of films that the Ghanaian and Kenyan movie industries produce annually.
Over the past ten years, there has been a rising trend of fraud and forgery cases in Nigerian banks. Although there was an 88% increase in reported cases in 2021, there was a 27% decrease in 2022, resulting in a 221% increase in financial losses of ₦9.5 billion.
Only 10% of Nigerians earn above ₦100,000, according to the Nigerian Financial Services Market Report. This aligns with most reports about Nigeria, and it's in sharp contrast to the narratives online.
Between 2018 and 2021, adult literacy rates across African nations exhibited significant disparities. Seychelles and South Africa led with literacy rates of 96% and 95%, respectively, indicating a high proportion of literate adults. Conversely, Chad had the lowest literacy rate during this period.
These statistics underscore the uneven progress in educational attainment across Africa, highlighting the need for targeted interventions to improve literacy in lower-performing nations.
Chat and Messaging apps lead globally, engaging 94.5% of internet users as of Q3 2024.
Social Networks follow closely behind at 94.4%, nearly matching messaging apps in global user engagement.
Search Engines and Web Portals still see high use, engaging 82.3% of users.
Email services remain highly relevant, used by 75% of internet users globally.
Shopping, Auctions, and Classifieds apps are also prominent, used by 74.9% of users.
Location-based services like maps and ride-sharing apps engage 55.3%, indicating a strong but more practical use case.
Games remain a niche category, with only 32.6% of users engaging with gaming apps compared to much higher engagement with communication or shopping platforms.
Ghana led the continent in gold production in 2023, producing 135.11 tonnes, 13.5% of Africa’s total.
Four countries (Ghana, Mali, South Africa, and Burkina Faso) each produced over 95 tonnes, together accounting for 443 tonnes or 44.1% of the continent’s output.
West African countries dominated the rankings, with eight nations from the region among the top 15 producers.
The West African countries in the top 15 combined contributed 525.55 tonnes, more than half (52.3%) of Africa's total gold production.
South Africa ranked third in Africa with 104.29 tonnes.
Burkina Faso ranked fourth while contributing almost 10% of Africa’s gold production.
The Tunisian dinar stood at TND 2.15 per US$ in 2016 and has since depreciated to TND 3.11 per US$ in 2024.
Between 2016 and 2019, the dinar saw a strong depreciation.
2020 marked a turning point with a 4.16% appreciation, the first notable currency strengthening in the period observed.
From 2022 onward, the exchange rate has stabilised closely around TND 3.10 to TND 3.11 per US$, with minimal yearly changes of 0.08% and 0.04%.
The largest year-on-year depreciation occurred in 2017 with a 12.63% change.
Despite the earlier years of high volatility, Tunisia’s currency performance in the last three years suggests better monetary management and external stability.
Somalia has the lowest AIDI score in Africa at 7.10, reflecting extremely poor infrastructure across all sectors.
South Sudan (7.38) and Niger (8.12) rank slightly higher, showing similarly weak infrastructure profiles.
Ethiopia (13.09) and the Central African Republic (13.23), though more advanced than others on the list, still score under 15.
Nigeria's AIDI score of 25.70, while not high by global standards, is more than three times higher than Somalia’s, indicating major disparities in infrastructure across the continent.
Egypt dominated African cotton production for decades, from the 1960s to the early 2000s, standing far ahead of other African countries in both volume and quality.
The early 2000s marked a major turning point, as West African countries — especially Burkina Faso and Mali — began to overtake Egypt in total production.
Burkina Faso emerged as the new cotton leader between 2005 and 2015, topping production in key years like 2005, 2006, 2008, 2009, and 2012–2015, and later reclaiming the top spot in 2020 and 2022.
Mali built its cotton strength after 2015, becoming Africa’s number one producer multiple times, peaking at over 334,000 tonnes in 2019.
Benin and Côte d’Ivoire quietly closed the gap throughout the 2010s, consistently ranking in the top three, even though they didn’t dominate the number one spot.
With 167,639 applications, the North West zone accounts for the highest number of student loan submissions, representing a significant concentration of demand in that region.
The North East follows with 134,359 applications, bringing the northern region's combined total to over 300,000, more than half of all zonal submissions.
The South West stands as the highest-contributing southern zone with 104,079 applications, showing a strong but comparatively lower demand than the North.
The South East recorded just 29,097 applications, the lowest across all six geopolitical zones.
America leads globally on LinkedIn, with 465.6M users making up 38.8% of the user base.
Asia follows, contributing 397M users, or 33.1% of the global total.
Together, Asia and America make up 71.9% of all LinkedIn users, totalling over 862M.
Europe holds a solid 19.5% share, with 233.8M users.
Africa’s 83M users represent a smaller but growing 6.9% share of global users.
Oceania has the smallest share, at 1.8%, with only 21.5M users.
The distribution reveals that LinkedIn’s core strength lies in regions where digital employment and professional networks are deeply integrated into economic and career activity.
Kenya recorded the highest ivory seizure among the top 10 countries, with 130,432 kg confiscated over the 34-year period.
China and Hong Kong follow closely, with 106,069 kg and 75,707 kg seized, respectively, showing their long standing roles as critical players in the global ivory network.
Vietnam and Singapore, both located in Southeast Asia, had substantial seizure records; 71,256 kg and 29,882 kg, indicating persistent trafficking through the region.
Nigeria leads West Africa in ivory confiscations within the top 10, with 23,031 kg, signalling its importance as a key node in the transit chain.
All countries listed in the top 10 are either source, transit, or destination points in the global ivory supply chain, reflecting how widespread and interconnected the illegal trade remains.