African Immigrants at the airport: (AI-Generated) When China’s one-child policy was first announced in 1979, it was with full knowledge of the future that the conditions that necessitated the policy would be ephemeral. It is ubiquitous knowledge that population growth increases density and, together with rural-urban migration, this creates higher urban agglomeration which is […]
Tourism: Is Rwanda really worth the hype?
Travelers tracking majestic Silverback gorilla: Butterfield Rwanda is fast becoming one of Africa’s economic powerhouse despite its relatively small population, the mountainous country is situated in central Africa and its beautiful landscapes are green and encompassed by stunning hills, gardens, and tea plantations. Known as the “land of a thousand hills,” the nation’s history, stunning […]
Lagos Building Demolitions: An Avoidable Exercise or a Legal Imperative?
Photo of a building under demolition | Image source: Pexel The recent surge in building demolitions, orchestrated by both the Federal Housing Authority (FHA) and the Lagos state government, has ignited substantial controversy within the state. Thousands of buildings have succumbed to the jaws of unfeeling bulldozers, leaving many people homeless and transforming landlords into […]
Should Africans adopt the use of Digital currencies?
Source: Getty Images Mark Twain once said, “ The problem of the world is not that people know too little. It’s that they know so many that just aren’t so. This speaks to the misconceptions about the term “Digital currency”. For the purpose of this article, I will be substituting the word ‘Just aren’t’ […]
Are Venture Capital Investments what Africa really needs at these moments?
Retrieved from: Business Elite Africa Last year November, I had the opportunity to join a round table discussion with Ministers of Finance, Central Bank Governors, top investors, and investment firms in the African continent. Some of the key issues being discussed were the role of private-sector investments in driving sustainable growth across Africa. Private […]
No Bootstraps: Why African entrepreneurs are the most resilient.
Photo by Mehmet Turgut Kirkgoz It is almost very common nowadays to read glamorous articles on Techstars or TechCabal describing how an African startup raised millions of Venture capital dollars in funding rounds. The Ideology that the African market possesses an untapped potential for unprecedented returns has succeeded fairly well in swaying the hearts of Western […]
Beyond Migrating (Japa), Taking responsibility as Nigerians.
Photo by Pexels This is not the first time Nigerians are leaving Nigeria, However, the numbers seem to be growing at an unprecedented rate. The stark fact is that people are frustrated and have been denied basic infrastructure and life amenities. These idealistic, smart, hardworking young people have been left with almost no other option […]
Reimagining Nigeria: Unleashing Economic Justice and Fair Wealth Redistribution
Photo by Safari Consoler Whenever I think about this topic, two things come to my mind. First, the monthly minimum wage in Nigeria is still N30,000 (Approx. $40 at N775.50 per $1 – as of June 25th, 2023.) – which is still not paid by all the states. Second, that some state government’s contract staff earn about […]
Our Tin of Milk Index analyses the extent of disparity in Income level and anomalies in exchange rate between two countries.
Source: AI-Generated Tin of milk Take your time to briefly scroll through our introductory insights The economics of today’s world is flush with an array of carefully thought out and mathematically derived indices used to measure the standard of living across countries. Meanwhile, the concept termed ‘standard of living’ itself has been a subject […]
Why the Complexity of African Economies Require a Creative Lens.
Credit: Pexels.com The African continent is a unique and vibrant place, full of rich cultures, diverse communities, and a kaleidoscope of experiences. But when it comes to conventional economic theories, it seems like the beauty of Africa is lost in translation. The traditional paradigms of economics don’t seem to fit the colorful, complex, and dynamic […]