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South African banks lead in Africa in terms of giving credit to the private sector.
The World Bank defines Domestic credit to the private sector by banks as financial resources provided to the private sector by other...

Noel Lutwama
Jan 181 min read
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Export value of goods and services as a percentage of GDP
According to the latest data from the World Bank, Zambia's GDP in 2023 was US$28.16 billion. Copper forms the bulk of the country's...

Noel Lutwama
Nov 22, 20241 min read
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Lending rates in Africa (1999-2023)
Access to credit is vital to the growth of businesses in an economy and having the right levels of interest rates is key in ensuring that...

Noel Lutwama
Nov 3, 20241 min read
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Personal Remittances, US$ in Africa (1999-2023)
Billions of dollars flow into the African continent every year as personal remittances. According to the World Bank, Sub-Saharan Africa...

Noel Lutwama
Nov 3, 20241 min read
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princemuraguri
Oct 16, 20240 min read
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UNEMPLOYMENT RATES (% OF TOTAL LABOUR FORCE) IN AFRICA, 1999-2023
Unemployment is an economic phenomenon that many countries around the globe particularly in Africa continue to grapple with. Policymakers...

Noel Lutwama
Oct 11, 20241 min read
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Annual GDP growth rate in African Countries
According to IMF's Regional Economic Outlook for 2024 ( https://lnkd.in/e5J9GS5Y ), Sub-Saharan Africa is poised to register economic...

Noel Lutwama
Sep 28, 20241 min read
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World Happiness Report (2024)
GDP or GDP per capita has often been used to gauge the prosperity of nations. However, these economic indicators have limitations as they...

Noel Lutwama
Sep 28, 20241 min read
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International Tourist Arrivals
According to the latest 'International Tourist Arrivals By Origin' data (2022) by 'Our World in Data', 17.88 million Africans traveled to...

Noel Lutwama
Sep 28, 20241 min read
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Petrol Prices (US$ Per Liter): African countries (2014-2023)
Fuel is an essential commodity that African economies continue to rely on for their various needs such as transportation and industrial...

Noel Lutwama
Sep 28, 20241 min read
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Leading countries in installed renewable energy capacity worldwide in 2023(in gigawatts)
One of our recent posts touched on the CO2 emissions of a few select African countries. Today's post looks at the countries leading in...

Noel Lutwama
Aug 9, 20241 min read
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CO2 Emissions
On the 12th of December 2015, world leaders met in Paris, France, and agreed to adhere to a way forward on how the globe would cut...

Noel Lutwama
Aug 8, 20241 min read
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TOP 5 WORST HYPERINFLATIONS IN HISTORY
One of our recent posts touched on inflation. However, did you know that there is an economic situation more dire to a country than...

Noel Lutwama
Aug 3, 20241 min read
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Kenya's Total Debt Composition (Kshs Trillion)
In 2023, Kenya's total debt stood at Kshs.9.62 Trillion, an increase of 19.32 %. This included an external debt of Kshs 5.28 Trillion and...

Noel Lutwama
Jun 19, 20241 min read
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County Governments' Expenditure on Use of Goods and Services (Kshs Billions)
In the financial year 2023/24, Specialized materials are expected to form the highest portion of County governments' expenditure on Use...

Noel Lutwama
Jun 19, 20241 min read
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Kenya's Outstanding Debt from International Organizations (Kshs Billions)
Out of all the International organizations that have lent to Kenya, outstanding debt from International Development Association stood out...

Noel Lutwama
Jun 18, 20241 min read
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Kenya's General Government Tax Revenues (Kshs Trillion)
According to General Government Consolidated Statements of Operations, from 2018/19 to 2022/23, tax revenues increased by 32.6% to Kshs...

Noel Lutwama
Jun 18, 20241 min read
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National Government Outstanding Bilateral Debt by Source as at 30thJune, 2019-2023
Kenya's National Government Outstanding Bilateral Debt  as of 30th June, 2023 stood at Kshs 1.258 Trillion. Debt from China valued at...

Noel Lutwama
Jun 13, 20241 min read
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#RejectFinanceBill2024 : The gap between Kenya's Recurrent Expenditure Vs Development Expenditure keeps growing wider
The total actual expenditure is expected to increase of Kshs 3.147 trillion in 2022/23 to Kshs 3.983 trillion in 2023/24. Actual...

Noel Lutwama
Jun 13, 20241 min read
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National Government Expenditure on Health Services
The National Government is expected to increase spending by 83.64% from 88.13 billion in 2022/23 to 161.85 billion in 2023/24....

Noel Lutwama
Jun 11, 20241 min read
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