Bite-sized Insights about
 
Providing you with data-based insights about things happening around you.
Popular Insights
    • Airtel Africa leads the Nigerian stock market with a market cap of ₦8.11 trillion naira, followed by Dangote Cement at ₦8.10 trillion and BUA Foods at ₦7.52 trillion.
    • The largest public companies in Nigeria are mostly in financial services, industrial goods and consumer goods.
    • A total of 16 Nigerian public companies have surpassed the ₦1 trillion market cap threshold.
    • The lowest-ranked trillion-naira company, First HolCo, has a ₦1 trillion naira market cap.
    See more

    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).

    See more
  • 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

    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.

    See more
  • 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.

    See more

    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.

    See more

  • Key takeaways:

    • Tecno (23.55%) and Infinix (21.73%) lead the Nigerian mobile market, making up a combined 45.28% of the market share.
    • Samsung (12.36%) is the leading non-Chinese brand, with Apple (9.43%) following closely behind.
    • Xiaomi (7.15%) and Huawei (4.34%) are emerging as significant players in Nigeria's mobile sector.
    • Premium brands such as Samsung (12.36%) and Apple (9.43%) have considerable but smaller market shares compared to their Chinese counterparts.
    • Chinese manufacturers collectively dominate over 60% of the mobile market in Nigeria.
    See more
  • 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.
    See more
  • 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
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.
See more
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.
See more
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.
See more

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.
See more

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.
See more

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.
See more

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.
See more
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.
See more
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.
See more
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 $260.13B, achieved a strong AIDI score of 70.32, ranking 8th.
  • The AIDI gap highlights that economic size doesn’t guarantee infrastructure strength, underlining the need for intentional investment.
See more
Weakest African currencies by annual average official exchange rate (LCU per US$) 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.
See more
Share of rural and urban population in Nigeria (1950 - 2050)
  • Nigeria's urban population is projected to grow from 9% in 1950 to 70% in 2050.
  • The urban population surpassed the rural population for the first time in 2020.
  • Between 1980 and 2020, Nigeria’s urban population more than doubled, from 22% to 52%.
  • The rural population share is expected to fall sharply from 91% in 1950 to just 30% in 2050.
  • In 2010, Nigeria’s population was still majority rural (57%), but within just a decade, that changed.
See more
1 44 45 46 47 48 118
  • Nigeria leads Africa with 238 million people in July 2025.
  • Namibia, though the second largest in the South, has only 3 million people.
  • In Eastern Africa, Ethiopia (135M) and Tanzania (71M) dominate.
  • Egypt (118M) and Sudan (52M) are Northern Africa’s population leaders.
  • South Africa (65M) is Southern Africa’s most populous country, far ahead of Namibia.
  • In West Africa, Nigeria (238M) and Ghana (35M) are the most populous, showing a wide gap within the region.
Read more
  • Africa’s pig herd expanded nearly nine-fold, from 8.4 million in 1961 to 48.9 million in 2023.
  • Despite this growth, Africa accounts for only 5.1% of the world’s pigs in 2023.
  • South Africa led pig production for decades until the late 1980s, when Nigeria overtook and has remained the top producer since.
  • Malawi and Uganda emerged as major players in the 2000s–2010s, now ranking among the top three producers.
  • Nigeria, Malawi, and Uganda together hold nearly 50% of Africa’s total herd.
  • Africa’s pig farming is shifting from being dominated by one or two players to a more regionally balanced mix.
Read more
  • Gabon (84%) is Africa’s most urbanised country, while Burundi (15%) is the least.
  • Five of the top 10 urbanised African countries have an urban share above 75%.
  • Small island nations like Cabo Verde (79%) and Sao Tome & Principe (78%) rank highly, reflecting their concentrated settlements.
  • Resource-rich countries like Libya (78%), Botswana (76%), and Algeria (74%) show strong urbanisation patterns.
  • Ethiopia (23%) and Uganda (30%) highlight the urbanisation gap among high-population countries.
  • Nigeria sits at 55%, ranked 19th, reflecting moderate urbanisation compared to other African giants.
  • Most of the bottom 10 countries, such as Malawi (20%), Niger (18%), and Rwanda (18%), are still heavily rural, signalling slower urban development.
Read more
  • Africa’s urban population has grown more than twelvefold, from 53 million in 1960 to nearly 700 million by 2025.
  • The share of Africans living in urban areas has risen from 18.7% in 1960 to 45% in 2025, and is projected to hit 57% by 2045.
  • Africa will reach a 50% urban population by 2035, where half of its population will reside in cities.
  • From 2000 to 2025, Africa’s urban population nearly tripled, highlighting the intensity of recent growth.
  • By 2045, 1.3 billion Africans will live in urban centres, making city development central to the continent’s progress.
Read more
  • 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.
Read more
  • 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.
Read more
1 44 45 46 47 48 235

Can’t find what you’re looking for? Please fill the form below
Contact Form Demo
SIGN UP TO OUR NEWSLETTER
Get periodic updates about the African startup space, access to our reports, among others.
Subscribe Here
Subscription Form

A product of Techpoint Africa. All rights reserved