The 2024 Global market capitalisation

  • Apple leads the global market with $3.863 trillion market capitalisation, followed closely by Nvidia at $3.355 trillion and Microsoft at $3.200 trillion.
  • Tesla ($1.385T) remains the most valuable automobile company, far ahead of traditional car manufacturers.
  • The highest-ranked non-tech company, Saudi Aramco, stands at $1.805 trillion.
  • Other trillion-dollar companies span industries such as finance (Berkshire Hathaway – $0.984T) and media (Meta – $1.514T).

The rankings show that while technology companies dominate, industries like energy, finance, media, and automobiles still hold significant market value. The presence of Saudi Aramco, Berkshire Hathaway, Meta, Tesla, and TSMC on the trillion-dollar companies list displays the continued influence of these sectors on the global economy.

Source:

Companies Market Cap

Period:

2024
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Nigeria’s share of Africa’s FDI collapsed from ~38% in 1994 to barely 1.1% in 2024
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In 2024, West African nations hold six spots of the top 15 Africa's Importance of Remittance Index, led by Senegal (77)
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  • Zimbabwe (78) ranks as Africa’s top country in terms of remittances' importance.
  • Senegal (77) and Nigeria (72) highlight the central role of diaspora inflows in West Africa’s economies.
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  • Smaller nations like Lesotho (68) and Liberia (68) depend heavily on remittances relative to their GDP.
  • The lowest-ranked countries, including Angola (9) and Djibouti (11), rely minimally on remittance inflows.
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  • Recovery began in 2021–2022, as improved freight operations and industrial demand pushed steady gains in both tonnage and income.
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  • Egypt ($22.7B) and Nigeria ($19.8B) dominated inflows, accounting for nearly half of the continent’s total.
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