In order to remain economically competitive, Nigeria needs to develop a productive workforce. For this to happen, the country must address three key issues: growing youth unemployment; a widening skills gap; and an education system in decay.
Nigeria will need STEM development to participate in the 'Fourth Industrial Revolution' and the evidence suggests that STEM development works best when it emphasizes already existing resource strengths.
Across Africa, governments are looking to megacities to solve urban problems. But African cities need to focus less on skyscrapers and more on city halls.
Despite widespread scepticism towards the Eco, having a common currency in West Africa is not only a smart idea but also a huge step in the right direction towards regional development and stronger intra-African trade.
Effective taxation is crucial to economic development. In Africa, however, there are still challenges with domestic resource mobilization, and thus development, through taxation.
Sino-African relations have waxed stronger in recent years, developing from political engagement in the 1960s to trade, economic relations, and technological ex... Read More...
With the new pledges from the 2018 Forum on China-Africa Cooperation (FOCAC), Nigeria’s foreign debt is set to increase. However, Nigeria has no strategic plan to manage and repay Chinese loans.
It has been more than 30 years since the Structural Adjustment era swept across the African continent, but its impact on various economies cannot be discounted.... Read More...
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