Bite-sized Insights about
 
Providing you with data-based insights about things happening around you.
Popular Insights

  • ASUU strikes have lasted a total of 742 days since 2010. The longest to date was the almost nine-month-long strike of 2020. With another academic strike looming, we give you the trend of all ASUU strikes by duration since 2010.

    See more

    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.

    See more
  • 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.

    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

  • 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

    Every Nigerian president since 1999 left office with a higher dollar to naira exchange rate than when they took office. Will President Tinubu's tenure be the exception?

    See more
  • In June 2023, Nigeria exported goods worth ₦3.026 trillion and imported goods worth ₦1.285 trillion, resulting in a trade surplus of ₦1.74 trillion. This came after a trade deficit of ₦653 billion in May 2023. Here is Nigeria's trade balance since July 2022.
    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
  • 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.

    See more
Other Insights
 
The New World Wealth's Africa Wealth Report for 2023 ranked Lagos 4th among African cities with the most dollar millionaires, below South Africa's Johannesburg and Cape Town, and Egypt's Cairo. Four of the cities in the top ten are South African.
See more
 
Figures as of December 2022 show that Nigeria's millionaires decreased by 30% between 2012 and 2022, indicating a significant shift in the dynamics of wealth. Mauritius saw a noteworthy increase of 69%, with Kenya recording a 30% growth.
See more
 
Did you know that for every dollar millionaire in Nigeria, there are nearly four in South Africa? Discover the diverse wealth of Africa's landscapes.
See more
     

Nigeria imported hair products such as wigs, false beards, eyebrows, eyelashes, and others worth $5.1 million in 2022, with 94.7% coming from China. Here are the countries from which Nigeria imported these products.

See more
 

Since 2004, Nigerian employees have saved a cumulative ₦8.4 trillion for their retirement. Employees in the public sector have saved ₦4.4 trillion, while those in the private sector have put ₦4 trillion aside.

See more
     

Since 2001, the 2022/23 academic year has recorded the highest number of Nigerians studying in US' higher institutions, adding 3,202 students to the previous academic year to reach 17,640. This represents the biggest addition in the time period.

See more
 

Four of the seven African countries that have been certified malaria-free are North African; two are East African and one is Southern African. Here are the countries in Africa that have been certified malaria-free.

See more
 

Since 2017, 34% (₦5.8 trillion) of Nigeria's revenue allocation to states has gone to the South South states. This chart shows a snapshot of how allocations vary across regions.

See more
 
With about 24.8m people in Nigeria facing acute food insecurity, the country is first on the World Food Programme's list of hunger hotspots in 2023. 11 of the 20 countries on the list are African.
See more
Impact of flood in Nigeria People displaced and killed in 2022
 
Flood incidents affected 4.47 million people in Nigeria in 2022, displacing 2.4 million people and resulting in 665 deaths. Though Bayelsa was worst hit with 1.2 million displacements, Jigawa recorded 103 deaths from 68k+ displacements.
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
 

In Q3 2023, Nigeria's GDP soared, with almost every sector recording year-on-year growth. Noteworthy growth includes Information and Communication, which increased by 40% compared to Q3 2022. Check out the chart for a quick overview.

See more
1 … 67 68 69 70 71 72
In 2023, Morocco led Africa’s phone export market with $192.2 million, making up 0.07% of the global total, followed by South Africa at $85.9 million, with a global share of 0.03%. Though Tunisia, Mauritius, and Kenya contributed smaller shares, Tunisia’s remarkable 5,456% growth stands out, positioning it for greater involvement in the global market. However, Mauritius and Kenya faced declines of -38% and -52%.
Read more
In 2023, the global mobile phone export market totalled $271.42 billion, with China dominating by accounting for $137 billion (50.5%) of total exports. Vietnam, Hong Kong, and India complete the top four, accounting for 11.8%, 9.7%, and 5.3% of the total, respectively. Six Asian countries and regions make up four-fifths of global mobile phone export value in 2023, showcasing the region's dominance in the industry.
Read more
With rising global cyber threats, Kenya, one of Africa's Tier 1 cybersecurity countries (ITU classification), has recorded 2.76 billion cyber threats in the first nine months of 2024. After a dramatic spike in Q4 2023 (+943%), cyber threats have dropped by 49% in Q3 2024 but remained significantly higher than five quarters ago. Threats rose again in Q2 (+17%) and then dropped in Q3 (-42%). This surge in attacks led to a recent major breach, where a government agency’s data was sold on the dark web, highlighting the urgent need for stronger security measures. What actions can Kenya and other countries take to improve their cybersecurity?
Read more
Global Airlines' revenue from 2019-2024
The International Civil Aviation Day is celebrated every year on December 7. Global Airlines experienced over 100% revenue growth from 2020 to 2023, with passenger revenue, the primary driver of this growth. Cargo revenue has also contributed significantly to the overall increase. This shows the industry is recovering strongly from the pandemic. Notably, cargo revenue has experienced consistent growth since 2019; even during the COVID-19 pandemic, cargo revenue grew from $101b in 2019 to $140b in 2020. The airline industry's future looks bright, with continued growth expected in the coming years as forecasted in 2024.
Read more
Births by women aged 15 to 19 (1950-2100)
In many communities across Africa, young girls face societal pressures that often cut short their education and lead to early motherhood. Teenage births have consistently risen since 1950 but are projected to peak at 6.86 million in 2029, after which a gradual decline is expected. This projection, from the United Nations Population Division, offers hope for progress as efforts to empower young women and improve access to education and healthcare take root. Note: Data for teenage births refers to women aged 15 to 19.
Read more
Top 23 most powerful countries by strength index in 2024
South Africa is rising on the global stage, showcasing its growing influence as it secures its spot as the only African country among the world's top 23 superpowers. The United States leads with a strength index of 0.89, followed closely by China at 0.80. While traditional powers like Germany and Japan hold their ground, South Africa proudly stands among the top 23 superpowers with a strength index of 0.1. This is the only African country that made the top 23, coming 22nd on the list. The ranking is based on analysis from Ray Dalio's Great Powers Index 2024. Dalio assessed each nation's strength based on a wide range of metrics, including education, innovation and technology, cost competitiveness, economic output, and military strength. Note: The Eurozone, ranked third on the list, was removed as it cannot be considered a single country.
Read more
1 … 67 68 69 70 71 … 143
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