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Popular Insights
  • In 2022, Egypt, South Africa, Nigeria, Algeria, and Morocco collectively consumed an average of 2.712 million barrels of oil per day (Mb/d), 61% of the continent's daily oil consumption (4.478 Mb/d). African countries consumed 4.7% of the global usage (99.8 Mb/d).

    Egypt used the most (850.5 thousand barrels per day (Kb/d)), followed by South Africa (601.2 Kb/d) and Nigeria (514.5 Kb/d).

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    With over ten million registered Retirement Savings Accounts as of Dec 2023, Nigerian workers' pension contributions have grown steadily, despite fluctuations in recent years, to reach ₦1.32t in 2023.

    In 2023 alone, 13.3% of the total savings since inception was contributed.

    Total contributions since 2004 reached ₦9.9 trillion by 2023, with 52% coming from the public sector. The public sector grows at an average annual rate of 15.8%, while the private sector averages 16.2% yearly growth.

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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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    Africa's sanitation crisis is alarming, with 17 of the top 20 countries having the highest open defecation rates.

    Eritrea (67%), Niger (65%), and Chad (63%) lead, putting millions at risk of disease.

    Even Nigeria, the most populous African country, has 18% of its population practising it.

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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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    The FAAC's revenue distribution from 2017 to August 2023 highlights the dominance of Delta, Akwa Ibom, Rivers, and Bayelsa states in allocations. Despite Lagos' economic prominence, it ranked fifth. Here is the distribution of revenue among states between 2017 and August 2023.

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  • According to information provided by the West African Examinations Council, out of the 1.6 million candidates who took the WASSCE in 2023, 79.8% got at least five credits, including English language and mathematics, representing the highest percentage in the previous five years.
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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.

    See more

Other Insights
Queries with the highest Google search activity (index vs. top query) globally (2024)
  • “Google” was the top search globally in 2024 with an index score of 100.
  • “You” ranked unexpectedly high at 87, signalling odd but high-frequency global queries.
  • YouTube held the 2nd spot with a score of 88, showing its continued dominance in media consumption.
  • Messaging platforms like WhatsApp and Facebook tied at 52, reinforcing their centrality in digital life.
  • Google Translate (49) was a widely used tool, reflecting global interconnectedness.
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Percentage of websites globally that publish their content primarily in each language (as of 2024)
  • English alone accounts for nearly half of all global web content at 49.40%, setting the tone for internet communication.
  • The next three languages—Spanish, German, and Japanese—combined make up just 16.6%, highlighting the wide gap in representation.
  • Despite having a massive native-speaking population, Chinese is used in only 1.20% of websites.
  • Portuguese, spoken across several continents, represents just 3.80% of internet content.
  • Even major European languages like French and Russian contribute less than 5% each to global web content.
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Share of internet users globally who use a health or fitness website or mobile app monthly by age group and gender (as of Q3 2024)
  • Females lead in monthly usage of health/fitness websites/apps globally across all age groups.
  • Average female usage is 24.45%, consistently higher than male usage in each age bracket.
  • Women aged 35–44 are the most engaged, with 28.6% using health or fitness platforms monthly.
  • Male usage peaks early, at 22.1% (ages 25–34), then steadily declines with age.
  • Engagement among women aged 45–64 remains strong, pointing to long-term wellness interest beyond just youth fitness trends.
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Shopping queries with the highest Google search activity (index vs. top query) globally (2024)
  • iPhone was the most searched shopping query globally in 2024.
  • Half of the top 12 search queries were phone-related, showing phones dominated online shopping interest.
  • iPhone (100) and Samsung (88) were highly searched, signalling active consumer comparison between phone models.
  • Nike (84) and Adidas (46) maintained strong brand appeal in fashion and retail.
  • Amazon (52) ranked high despite being a platform, not a specific product.
  • Apple (30) appeared lower in rank than specific Apple products, suggesting searchers prioritised items over brand pages.
  • Laptops (21) remained a significant product category globally, despite mobile dominance.
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Key Takeaways:

  • Africa’s sesame seed oil production grew from 23,706 tonnes in 1961 to 217,048 tonnes in 2022, an overall increase of 815%.
  • The highest production was recorded in 2012, with an output of 375,697 tonnes, which is more than 15 times the 1961 volume.
  • Between 1961 and 2012, production rose by 1,484.8%.
  • The largest single-year increase occurred between 1969 and 1970, when production jumped from 41,456 tonnes to 101,472 tonnes.
  • After reaching its peak in 2012, production experienced notable fluctuations, settling at 217,048 tonnes by 2022.
  • The sharpest annual decline occurred in 2013, with a 38.6% drop following the 2012 peak.
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Key takeaways:

  • Over the past six decades, global wine production has remained relatively stable, averaging around 28 million tonnes annually.
  • Wine production increased from 21.5 million tonnes in 1961 to 27.4 million tonnes in 2022.
  • The highest production was recorded in 1979, reaching 37.5 million tonnes.
  • The second-highest year was 1982, with a production of 37.4 million tonnes.
  • Wine production exceeded 30 million tonnes in ten different years between 1961 and 2022.
  • Between 2000 and 2022, production was consistently stable, averaging about 27 million tonnes.
  • The 2022 production of 27.4 million tonnes represented a 27.3% increase compared to 1961.
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Key Takeaways:

  • African wine production peaked in 1965 at 2.39 million tonnes, the highest level recorded during the entire period.
  • The most dramatic single-year drop occurred between 1965 and 1966, when production fell by 40%, from 2.39 to 1.44 million tonnes.
  • A gradual recovery began in the early 2000s, with production consistently exceeding 1 million tonnes from 2003 onward.
  • The most recent peak occurred in 2021, with production reaching 1.23 million tonnes, a 48.5% decline from the 1965 high.
  • Despite this partial recovery, current production levels remain well below the highs of the 1960s.
  • As of 2022, African wine production stood at 1.16 million tonnes, representing a 43% decrease from 1961.
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Key Takeaways:    

  • China’s exports to Nigeria increased from less than $100 million in 1992 to $20.2 billion in 2023, an overall growth of 22,074%.
  • The highest export value was recorded in 2022 at $22.3 billion.
  • China's exports to Nigeria dropped sharply in 2016 to $9.7 billion from $15.39 billion in 2014.
  • After a sharp 29% decline between 2015 and 2016, exports entered a period of sustained growth beginning in 2017.
  • The 2020–2022 period saw remarkable growth, with exports rising by 33% despite global pandemic challenges.
  • In 2023, exports declined by 9.5%, yet remained significantly above pre-pandemic levels.
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Value of startup funding deals in Francophone Africa by type of deal, 2024
  • 87.2% of startup deal value in Francophone Africa in 2024 came from equity funding.
  • Debt financing made up only 12.4% of the total startup capital raised, showing its limited role.
  • Grants accounted for just 0.4%, reflecting minimal non-dilutive support for startups.
  • Startups are more likely to trade ownership than take on debt or apply for grants.
  • The funding landscape remains investor-driven, with equity seen as the path to scale.
  • The near absence of grant funding may hinder innovation for startups that need early runway but aren't ready to give up equity.
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Nigeria's arts, entertainment, and recreation sector's contribution to GDP (2020 - 2050)
  • The arts, entertainment, and recreation sector contributed 4.12% to Nigeria’s GDP in 2020.
  • By 2025, this contribution is projected to rise modestly to 4.43%.
  • The growth rate maintains a steady pace, reaching 4.75% by 2030.
  • By 2050, the arts, entertainment, and recreation sector is projected to reach a 6.00% share of Nigeria’s GDP.
  • With only a 1.88 percentage point rise forecasted over 30 years, the pace of growth suggests the sector remains undervalued or under-leveraged relative to its potential.
  • The creative economy’s resilience, despite limited public infrastructure and policy support, demonstrates strong organic demand and global competitiveness.
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African Infrastructure Development Index (AIDI) of countries with the highest nominal GDP in Africa (2003 - 2024)
  • Morocco's AIDI score rose from 19.08 in 2003 to 70.32 in 2024, indicating substantial infrastructure progress over two decades.
  • Over the past 21 years, Egypt's infrastructure development, as measured by AIDI, has more than tripled.
  • Nigeria ranks 24th in infrastructure (AIDI) despite having the 4th largest GDP in Africa.
  • In 2024, Nigeria’s AIDI score was 25.70, significantly below peers like Morocco (91.43) and Egypt (82.54).
  • Algeria, with a GDP of $260.13B, achieved a strong AIDI score of 70.32, ranking 8th.
  • The AIDI gap highlights that economic size doesn’t guarantee infrastructure strength, underlining the need for intentional investment.
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Weakest African currencies by annual average official exchange rate (LCU per US$) in 2024
  • Eight East African nations made the list of the top 15 worst African currencies.
  • Somalia has the weakest African currency in 2024, with an exchange rate of 28,118.33 SOS per US$.
  • Guinea, with 8,613.26 GNF per US$, has the second weakest currency, but is still far behind Somalia.
  • Madagascar, Uganda, and Zimbabwe follow, each with exchange rates between 3,200 and 4,500 LCU per US$.
  • Nigeria’s currency traded at 1,478.97 Naira per US$, about 20 times stronger than Somalia's currency.
  • Despite economic turmoil, South Sudan’s currency remained below 2,200 SSP per US$, performing better than Somalia and Guinea.
  • The gap between Somalia and the rest of Africa’s currencies highlights extreme economic pressures unique to the Somali economy in 2024.
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  • 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.
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  • Africa has the youngest population globally, with a median age of 19.3 years.
  • Europe has the oldest population, with a median age of 42.8 years.
  • North America follows closely behind Europe, with a median age of 38.7 years.
  • Oceania’s median age stands at 33.4 years, slightly higher than Asia’s.
  • Asia’s population is relatively younger than Europe and North America, with a 32.5-year median age.
  • The age gap between Africa and Europe is over 23 years, showing the stark global demographic divide.
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  • Subscriptions peaked at 23.5 million in 2015 before a long decline.
  • The 2017 debt crisis and Etisalat UAE’s exit triggered sustained losses.
  • By mid-2025, active lines had plunged to 2.4 million, the steepest fall in the sector.
  • In August 2025, the firm rebranded as T2, unveiling a new plan to stabilise and grow again
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  • England tops the world women’s rugby ranking with 97.76 points, maintaining a clear lead over other nations.
  • Canada and New Zealand follow as the second and third-strongest women’s rugby teams globally.
  • South Africa ranks 12th and Kenya 20th, making them the only African nations in the global top 20.
  • Traditional rugby nations like France, Ireland, and Australia feature prominently in the top 10.
  • Asian teams such as Japan and Hong Kong highlight the growing spread of women’s rugby beyond traditional regions.
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  • South Africa leads the world rugby rankings with 92.78 points, ahead of New Zealand’s 92.06.
  • The gap between the first and second position is just 0.72 points, showing a close contest at the top.
  • Ireland remains the highest-ranked European team with 89.83 points.
  • France and England, with 87.82 and 87.64 points respectively, are in close competition for the fourth and fifth spots.
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  • Africa’s fertility rate in 2025 is estimated at 3.95, the highest in the world.
  • Europe’s fertility rate is the lowest in 2025 at just 1.41 children per woman.
  • Latin America and the Caribbean saw a steep drop from 5.83 in 1955 to 1.78 in 2025.
  • Asia’s fertility rate fell from 5.85 in 1955 to 1.87 in 2025.
  • Oceania’s fertility rate dropped from 6.58 in 1955 to 2.13 in 2025.
  • By 2025, all continents except Africa are at or below the replacement rate of 2.1.
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