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  • Nigeria's Federal Account Allocation Committee shared ₦1.85 trillion among 36 states between January and June 2023. Here is the revenue allocation by geopolitical zone in H1 2023.
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    Only 8% of South Sudan's population had access to electricity as of 2021, representing Africa's lowest percentage. Although eight countries boasted between 90% and 100% access to electricity, more than 50% of the population of 24 other countries were without electricity.

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  • A Trend of Adult literacy rates of African countries

    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.

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    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.

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  • 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.

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    Top ten African countries by estimated number of films produced annually

    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.

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  • As of 2022, the top five African countries indebted to the World Bank — Nigeria, Egypt, Ethiopia, Kenya, and Tanzania — accounted for 46% of the continent's outstanding debt with the institution.

    Forty-eight African countries collectively owed around $125 billion, representing 31% of the total global debt of $408 billion. These are the top ten countries from 1970 to 2022.

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  • 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.
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  • A Trend of Adult literacy rates of African countries

    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.

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Other Insights
  • Nigeria recorded $5.64 billion in total capital importation in Q1 2025.
  • Portfolio investment alone contributed a massive $5.2 billion, 92.3% of total inflows.
  • FDI contributed just $126.29 million, making up only 2.2% of total capital importation.
  • Loans totalled $311.17 million, accounting for 5.5% of the total inflow.
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  • Nigeria attracted $5.2 billion in portfolio inflows in Q1 2025, making up 92.3% of all capital importation.
  • With $4.2 billion, money market instruments accounted for a dominant 80.9% of portfolio investments.
  • Bonds contributed $877.4 million, roughly 16.8% of portfolio inflows.
  • Equities saw the smallest share, at $117.3 million or just 2.3% of portfolio capital inflows.
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  • Nigeria’s GDP per capita stayed above the Sub-Saharan African average from 2002 to 2023.
  • In 2014, Nigeria peaked at $3,088.7, far ahead of the region’s $1,886.5.
  • The post-2014 oil crash triggered a prolonged economic slide for Nigeria.
  • By 2023, Nigeria ($1,596.6) and Sub-Saharan Africa ($1,580.8) were nearly identical.
  • In 2024, Nigeria fell sharply to $806.9, $710 below the regional average of $1,516.4, its widest gap in over two decades.
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  • Coal contributes a staggering 81.8% of South Africa’s total electricity generation.
  • Renewables remain marginal, with wind, solar photovoltaic (PV), and solar thermal collectively accounting for less than 8%.
  • Nuclear power holds a modest role, supplying 3.73% of the total output.
  • Hydropower and oil are limited contributors, together making up just over 6%.
  • Clean energy is growing, but slowly, with solar photovoltaic (PV) and wind leading the charge among non-fossil sources.
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  • Between 2000 and 2008, Ghana’s GDP per capita rose from $253.7 to $1,182.7, more than quadrupling in just nine years.
  • It peaked in 2013 at $2,294.8 but declined sharply after 2014.
  • After a dip in 2022, it rebounded to $2,405.8 in 2024, nearly 10 times higher than the figure in 2000.
  • The declines seen in 2009, 2015, and 2022 mirror global and local crises, including the 2008 financial crash, commodity shocks, and post-COVID disruptions.
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  • The Western Pacific Region is projected to lead globally in nursing personnel by 2030, with an estimated 9.7 million nurses — more than Africa and Southeast Asia combined.
  • The Americas (8.9M) and Europe (8.2M) are expected to follow, maintaining high nurse-to-population ratios.
  • Africa (2.1M) and the Eastern Mediterranean (1.5M) are projected to remain lowest, despite growing health needs.
  • South-East Asia (5.5M) shows steady growth but still lags behind the top three regions.
  • The global nursing workforce is projected to reach 35.9 million by 2030, up 73% from 2013 — but growth remains uneven.
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  • Company Income Tax (Non-Oil) emerged as the largest contributor, accounting for over 30% of total tax revenue.
  • NCS-Import VAT followed closely, contributing 23.63%, emphasising the significance of import-related taxes to Nigeria's revenue.
  • Traditional oil-based taxes such as Petroleum Profit Tax/Hydrocarbon Tax and CIT (Oil & Gas) jointly contributed over 26%, showing that oil remains a vital but declining pillar.
  • Newer tax streams like the Electronic Money Transfer Levy and NASENI (National Agency for Science and Engineering Infrastructure) funding have emerged, but still make up less than 2% of total revenue.
  • Minor tax categories like Capital Gains Tax, NITDEF (National Information Technology Development Fund), and NPTFL (Nigeria Police Trust Fund) had negligible impact, each contributing less than 0.5%
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  • The United States of America led the production of black liquor with 696.0PJ produced, making up 38.9% of the global total produced in 2023.
  • South Africa is the only African country producing black liquor with 16.4PJ produced, making up 1% of the global total.
  • The total amount of black liquor produced globally in 2023 was 1,787PJ.
  • Sweden, Canada, Finland and Japan produced 185.1PJ (10.4%), 157.9PJ (8.8%), 142.5PJ (8.0%), and 133.0PJ (7.4%), respectively.
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  • Per-user data usage more than doubled in 29 months.
  • The surge [was] driven by heavier usage, not more users.
  • February dips and year-end spikes show seasonal habits.
  • 2024 marked a lasting shift to higher monthly data use.

 

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  • In 1970, about 76.7% of Nigerian women of reproductive age were married, compared to 66.4% in 2024.
  • The trend shows a consistent decline in marriage rates among women of reproductive age over the past five decades.
  • Marriage among reproductive-age women in Nigeria is projected to drop further to 64.5% by 2030.
  • Between 1985 and 2005, the marriage rate among women in this group declined more sharply than in previous decades.
  • The data indicates a gradual but steady societal shift away from early or widespread marriage.
  • Modern factors such as education, urbanisation, and career options likely contribute to this ongoing decline.
  • This decline in marriage rates may have ripple effects on fertility trends, family size, and national planning.
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  • South Sudan and Zimbabwe have crossed 100% food inflation.
  • Three of the top five countries with the highest food inflation in Africa are in East Africa, showing a regional pattern of vulnerability.
  • Nigeria ranks 7th in Africa for food inflation at 21.3%, underlining persistent cost-of-living pressures despite being a major economy.
  • Liberia and Zambia round out the top 10 with double-digit food inflation.
  • Djibouti, Somalia, and Senegal are experiencing food price deflation, setting them apart from most African countries.
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  • 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.
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  • Nigeria’s renewable energy capacity grew from 2.1 GW in 2015 to 3.7 GW in 2024.
  • This represents a 76% increase over the decade.
  • The compound annual growth rate (CAGR) was 5.7% between 2015 and 2024.
  • From 2015 to 2020, capacity was stagnant at around 2.2 GW.
  • The biggest growth year was 2022, with a sharp 34.9% increase.
  • Capacity stagnated in 2023 at 3.1 GW before climbing again in 2024.
  • Nigeria’s renewable growth remains modest compared to its population size and energy demand.
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  • Morocco’s renewable energy capacity grew from 2.4 GW in 2015 to 4.0 GW in 2024.
  • This represents a 67% increase over the decade.
  • The compound annual growth rate (CAGR) was 5.3% between 2015 and 2024.
  • Capacity was stagnant at 2.4 GW from 2015 to 2017 before growth resumed.
  • The biggest single-year increase happened in 2022, with a 13.7% jump.
  • Capacity additions slowed in 2023 (3.7 GW) and 2024 (4.0 GW).
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  • South Africa’s renewable energy capacity grew from 3.4 GW in 2015 to 13.5 GW in 2024.
  • The country recorded a CAGR of 14.7% over the period.
  • The biggest annual growth was in 2016, when capacity surged by 49.2%.
  • Stagnation occurred in 2021 (0.8% growth) and 2023 (0.0%), reflecting project delays or policy issues.
  • The most recent increase was in 2024, when capacity rose to 13.5 GW, showing renewed momentum.
  • South Africa’s renewable energy capacity is more than three times Nigeria’s 3.7 GW in 2024.
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  • Kenya’s renewable energy capacity grew from 1.6 GW in 2015 to 3.1 GW in 2024.
  • This represents a near doubling of capacity in less than a decade.
  • The compound annual growth rate (CAGR) was 6.9% between 2015 and 2024.
  • The largest single-year jump came in 2016 with a 23.2% increase.
  • Kenya faced a setback in 2021 when capacity dipped by -8.6%.
  • A strong rebound occurred in 2022 (+15.5%), reaffirming momentum.
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  • Egypt’s renewable capacity grew from 6.2 GW in 2015 to 11.8 GW in 2024.
  • This represents a net increase of 5.6 GW over the decade.
  • Egypt recorded a 6.5% compound annual growth rate (CAGR) from 2015 to 2024.
  • Between 2015 and 2019, growth was very slow, with capacity almost flat.
  • The turning point came in 2020, when expansion began to pick up pace.
  • The largest jump occurred in 2022, with a 26.3% year-over-year increase.
  • By 2024, Egypt’s renewable capacity was more than three times Nigeria’s 2024 level of 3.7 GW.
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  • Ethiopia’s renewable capacity grew from 2.6 GW in 2015 to 6.0 GW in 2024.
  • The country achieved an 8.6% compound annual growth rate over this period.
  • Ethiopia’s capacity is higher than Nigeria’s 3.7 GW in 2024, despite Nigeria’s larger economy.
  • The biggest surge occurred in 2017, with a 64.9% year-over-year increase.
  • Growth was steady but modest between 2017 and 2021, averaging small annual increments.
  • A slight dip occurred in 2023, but Ethiopia recovered to 6.0 GW in 2024.
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