In 2017, the price of Bitcoin suffered a hit when it crashed following a huge crypto boom that saw the price go from $400 in 2016 to $19,118 in 2017. Bitcoin went down to $3,000 in 2018, losing 447% of the value it had accumulated in 2017. By 2019, the market saw a positive trend with the price of bitcoin reaching $36,833.
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.
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.
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.
In 2022, Nigeria led global production of root crops like yam, cassava, and taro, alongside nuts such as kola and karite, as well as grains like sorghum, with 61.2 million tonnes of yam and 60.8 million tonnes of cassava.
In 2022, only 11.3% of Burundi's population was using the Internet. As of 2023, the East African nation had an adult population of over 7 million and less than 3,000 fixed broadband subscriptions and 8.65 million mobile lines. Burundi's fixed broadband subscriptions grew from only 160 in 2009 to 2,790 in 2023, peaking at 4,230 in 2020 before a decline.
Nigeria was once a global leader in palm oil production, but it has been overtaken by Malaysia, Indonesia, Thailand, and Colombia.
Indonesia, in particular, has seen a 34,018% increase in production since 1961, reaching 49.7 million tonnes by 2021.
In 2022, yams topped the list of over 44 agricultural products in Nigeria, with 61.2 million tonnes valued at $25 billion, making Nigeria the leading producer of yam globally.
Cassava followed with $8.8 billion, and maize ranked third with $4.5 billion. These crops underscore Nigeria's agricultural strength.
Asian countries dominated the global palm oil market in 2021.
Indonesia and Malaysia accounted for 67.8 million tonnes out of 80.7 million tonnes produced.
Smaller producers like Nigeria (1.4 million tonnes) and Guatemala (0.8 million tonnes) had modest contributions.
In 2023, an estimated 132.1 million newborns were welcomed worldwide, averaging 361.9 thousand births per day.
India, China, and Nigeria accounted for nearly 30% of daily births; India had the highest contribution with 63,600.
In 2023, Egypt, South Africa, Algeria, and Morocco dominated Africa's steel industry, accounting for 88% of the continent's production.
Egypt led the charge, contributing 43% of Africa's total steel output. Despite this, Africa's 23.92 million tonnes only make up 1.26% of global production.
Kenya's Revenue Authority has doubled its revenue, growing from KSh 1.1 trillion in the 2014/15 financial year to KSh 2.2 trillion in 2022/23.
The most significant annual growth occurred in 2021/22, with a 21.7% increase. Over nine years, tax revenue grew by an average of 9.4%, demonstrating consistent progress in Kenya's fiscal management.
Malawi's remittance inflow increased from $747k in 2000 to $263.4 million in 2023, with the highest year-on-year growth rate recorded in 2003. However, the biggest gain in value occurred in 2018, when it increased by $102.2 million over 2017.
