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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

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

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

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

Total Unemployment Rate (% of Total Labour force)

princemuraguri

Oct 16, 20240 min read

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

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

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

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

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

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

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

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

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

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

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

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

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

#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

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

Number of Operational Health Facilities in Kenya by Levels

Level 2 health facilities form the bulk of all the level of health facilities in Kenya. These facilities are controlled by Ministry of...

Noel Lutwama

Jun 11, 20241 min read

Kenyan government's actual development expenditure for 2022/23 stood at Kshs. 676.58 billion

In FYs 2021/22 and 2022/23, the National government's actual development expenditures did not surpass formulated budgets. Actual...

Noel Lutwama

Jun 11, 20241 min read

Kenya's revenue composition from non tax sources

Non tax revenues are expected to increase by 21% to Kshs 298 billion in 2023/24. Beside receipts from goods that are not elsewhere...

Noel Lutwama

Jun 11, 20241 min read

Calling someone in the US is much more cheaper than calling a person in Burundi

In 2023, one-minute mobile phone call rates increased from Kenya to China and India recorded the highest increase by 31.33% for both to 7...

Noel Lutwama

Jun 10, 20241 min read

The number of Local Daily Newspapers in Circulation has been on the decline

Most Kenyans now prefer to get their daily news via online platforms. The number of local daily newspapers decreased by 4.23% from 46,774...

Noel Lutwama

Jun 10, 20241 min read

Blog

The rise of E-mobility in Kenya

According to the latest world bank data on Green House gas emissions, Kenya emitted 80,188.01 Kilotons of Green House Gases. There is a...

MD Faruk Mia

Apr 30, 20233 min read

Kenya’s discovery of Coltan: A blessing or a curse

On the 24th of January, 2024, Salim Mvurya, Minster of Mining and Blue Economy announced to Kenyans that there were untapped deposits of...

MD Faruk Mia

Apr 30, 20233 min read

Addressing Kenya's Affordable Housing Crisis: A Complex Economic Challenge

Kenya faces a formidable challenge in meeting the growing demand for affordable housing amidst rapid urbanization and population growth....

MD Faruk Mia

Apr 30, 20233 min read

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