For years we have been told that development in Africa is contingent on foreign aid. “African leaders should make their economies as inviting as possible to alien corporations.” This idea continues to pervade the continent. Yet history shows the opposite: the most impactful foreign direct investment comes when African states
Youth unemployment is at record lows in Nigeria. According to the World Bank, the rate of youth unemployment in Nigeria more than halved — from 10.9% to 5.1% — between 2020 and 2025. Nigeria's youth unemployment rate sits below the USA and 500 basis points below Africa'
Welcome, Nnọọ, Ẹ káàbọ̀, Siyakwamukela. This is The Sovereign Africa economic newsletter. At The Sovereign Africa, we aim to bring attention to the economic power of Africa by tracking the projects, leaders, and capital flows shaping its future. Stay tuned for sector deep dives, company evaluations, and the potential projects