Key Takeaways:

• Cocoa products, including paste, butter, and beans dominated the US' agricultural imports from Sub-Saharan Africa in 2024, making up nearly one-third of the total.
• Other major import categories included coffee, seafood, oilseed meals, and tree nuts, rounding out the top six.
• The top 10 agricultural imports accounted for 74% of all the US' agricultural imports from the region.
• Each of the top 10 products had an import value exceeding $120 million.
• From SSA, Côte d'Ivoire and Ghana were the leading suppliers of cocoa products to the US in 2024.
• The top three products together represented 41% of the total agricultural imports from the region.

Key Takeaways:

• Nigeria’s outstanding debt to the IMF has reduced from SDR 2.45 billion in March 2023 to SDR 306.81 million by March 2025.
• The country has maintained a consistent quarterly repayment pattern, averaging SDR 306.8 million.
• This steady repayment trend reflects Nigeria’s commitment to managing its external obligations.
• At the current repayment rate, Nigeria is positioned to fully clear its IMF obligations by mid-2025.

Key Takeaways:

• Despite recent gains, Oando Plc's earnings before tax have declined by 222% over the past decade.
• Major losses occurred in 2019 and 2020, with a rebound in 2021 and 2023.
• The company demonstrated remarkable resilience by recovering to ₦103 billion profit in 2023.
• The earnings before tax in 2024 fell by 54% from 2023.
• The year-on-year growth rate from 2015 to 2024 was shown to be negative despite recording ₦47.8 billion in 2024, as against -₦39.1 billion in 2015.

Key Takeaways:  

• Argentina tops the list with SDR 31.1 billion in outstanding IMF credit.
• The top three borrowers, Argentina, Ukraine, and Egypt, together hold over 45% of total IMF credit.
• All 15 countries on the list have outstanding credit of at least SDR 1.4 billion.
• African nations such as Kenya, Angola, Ghana, and Ethiopia rank among the top 15 IMF debtors.
• The top 10 countries alone account for more than two-thirds of the IMF’s total outstanding credit.

Key Takeaways:

• Egypt leads African nations in IMF debt, with SDR 8.63 billion in outstanding credit.
• The combined debt of these 10 countries represents 24% of the IMF’s total outstanding credit globally.
• East African nations, Kenya and Ethiopia, hold a combined SDR 4.5 billion in IMF credit.
• West Africa is strongly represented with Côte d'Ivoire, Ghana, Senegal, and Cameroon owing more than SDR 7.4 billion collectively.

Key takeaways:

• Cadbury Nigeria's total assets increased by 155%, from ₦28.4 billion in 2015 to ₦72.4 billion in 2024.
• Assets remained relatively stable between 2015 and 2019, hovering around ₦28 billion.
• Despite recent financial challenges, Cadbury Nigeria's asset base has more than doubled in the last decade.
• Significant expansion began in 2020, with continued steady growth through 2024.

• From 2.99B in 2015 to 7.42B in January 2025, the world has added more than 4.4 billion smartphone devices in a decade.
• Annual growth dropped from a high of 23.1% in 2016 to 3.6% in 2025, a clear sign of global market saturation.
• During 2016-2018, the world added nearly 2 billion new smartphones.
• Since 2020, annual growth has been under 6%.
• Most of the future growth will come from device upgrades or multiple device ownership, not necessarily new smartphone users.

• Between 1995 and 2000, internet users jumped from 39.4 million to 394 million, a 900% leap that marked the beginning of the digital era.
• Just 14 years after the first website, over 1 billion people were online, showing how quickly the internet became essential.
• Between 2010 and 2015, internet usage grew by 54.5%, slower than before but still powerful, especially in developing regions coming online.
• With 5.6 billion users in January 2025, most of the world is now online, and future growth will be more about improving access, speed, and quality than just connecting new people.
• Each phase had its catalyst. In the 1990s, it was websites and email. The 2000s brought broadband and Google. In the 2010s, it was smartphones. Now, it's AI, 5G, and IoT that are quietly shaping the future of internet use.

• At -16.02% CAGR, Nigeria's GDP per capita is shrinking fast, signalling deep economic strain on its population despite being a top 4 African economy.
• Angola recorded 8.28% CAGR, showing that smaller economies can drive significant per capita progress when policies and investments align with citizen welfare.
• With 8.23% CAGR, Algeria continues to transform national wealth into measurable benefits for its people.
• Ethiopia’s 6.86% annual growth in GDP per capita highlights how consistent development efforts can raise living standards even in densely populated, developing nations.
• A modest 2.52% CAGR for South Africa might not sound like much, but in a mature economy, this reflects resilience and relative stability in per capita income.
• Egypt has a -1.41% CAGR, showing mild contraction, but far less severe than Nigeria’s economic shrinkage.

• Despite being among the top 4 economies by size, Nigeria ranks low in GDP per capita, revealing a disconnect between total wealth and individual prosperity.
• With the highest nominal GDP and highest per capita GDP, South Africa showcases balanced growth and better wealth distribution.
• Countries like Ethiopia and Nigeria have huge populations, which dilutes their GDP and drags down per capita figures.
• Though fifth in total GDP, Morocco performs better in GDP per capita, highlighting efficiency in wealth distribution.
• This proves that a country’s economic “size” doesn’t always translate to individual opportunity, wealth, or standard of living.
• Economies like Nigeria and Ethiopia must focus not just on increasing GDP but on ensuring that economic growth improves lives at the grassroots level.

Key Takeaways:

• The United States exported $318.7 million worth of agricultural products to Nigeria in 2024.
• Wheat accounted for nearly half of the US' agricultural exports to Nigeria, valued at $148 million.
• The trade balance substantially favours the United States, with exports to Nigeria ($318.7 million) nearly double imports ($114.7 million).
• The top three products account for 74.49% of all agricultural exports to Nigeria.