Author: Eddy Akpabio

Resolving Debt Crises In Developing Countries: How Can The G20 Contribute To Operationalising The Common Framework?

The debt situation in many low-income countries (LICs) following the COVID-19 pandemic has deteriorated considerably. While many LICs had participated in the G20’s Debt Service Suspension Initiative (DSSI) by April 2022, only three countries have taken part in the Common Framework for Debt Treatment beyond DSSI. To better operationalise the Common Framework, the G20 should […]

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Policy Proposals For External Debt Management And Sustainability In Developing And Low-Income Countries

The pandemic has taken a heavy toll on the global economy. The sources of economic growth and productivity gains have been constrained, and poverty and inequality have risen sharply. In addition, fiscal space has been severely educed and public debt levels have risen at an unprecedented speed. To accelerate the recovery from COVID-19 and make […]

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Nigeria Economic Update (Issue 36)

According to the National Bureau of Statistics (NBS), Company Income Tax (CIT) revenue increased in Q2 2022.1 CIT revenue was N714.40 billion in Q2 2022, an increase of 29.53 percent on a quarter-on-quarter basis from N551.53 billion recorded in Q1 2022. On a year-on-year basis, CIT collections in Q2 2022 increased by 51.34 percent from Q2 2021. […]

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Nigeria Economic Update (Issue 35)

Nearly one year after the launch of the eNaira project, the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at the Grand Finale of the eNaira Hackathon, announced the commencement of the second phase of the project1. In October 2021, the CBN introduced the eNaira wallet to enhance financial inclusion. As of August 2022, […]

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Africa needs Innovation to be a leader in the Global Digital Market

The recent emergence of Mauritius (an island country in the Indian Ocean, which is located off the eastern coast of Africa) as the most digitally prepared of all African countries is quite remarkable. Featured on the African Digital Preparedness Index, developed by the Centre for the study of the Economies of Africa (CSEA), this emergence […]

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Nigeria Economic Update (Issue 34)

In the second quarter (Q2) of 2022, Nigeria’s Gross Domestic Product (GDP) grew by 3.54 percent (year-on-year) in real terms, which is an improvement compared to the 3.11 percent growth recorded in the previous quarter (2022Q1).2 The aggregate real GDP stood at N17.29 trillion in the second quarter of 2022, a slight decline (-0.37%) compared to N17.35 […]

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Exchange Rate Volatility And Manufacturing Output In Ecowas Economies

This study examined the impact of exchange rate volatility on manufacturing output in the ECOWAS, using time series data spanning from 1970 to 2019. The study employed panel data analysis to examine the relationship between exchange rate volatility and manufacturing output among all the ECOWAS countries. GARCH was used to establish the existence of volatility; […]

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Five ways to build resilience in Nigeria’s education system

COVID-19 has compounded a long-standing learning crisis in many African countries, where millions of children were already out of school before the pandemic. Nigeria has the highest rate of out-of-school children, low literacy rates, and high inequalities between and within groups in terms of education access and learning outcomes. The pandemic further reduced school attendance […]

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National workshop on fostering productive capacities and structural economic transformation in Nigeria

The United Nations Conference on Trade and Development (UNCTAD), in collaboration with the Centre for the Study of the Economies of Africa (CSEA), organized a four-day high-level National workshop from Tuesday, 13th to Friday, 16th September, 2022 in Abuja, Nigeria. The workshop examined the role of productive capacities and structural economic transformation and how best […]

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Building socio-economic resilience in Nigeria by fostering productive capacities

Nigeria is the economic powerhouse of Africa. As the largest economy of the continent at US$ 440,777 (in 2021, using the World Bank’s atlas method for calculations) and the most populous country at 211 million (in 2021), it has a significant potential and critical role to play in economic revival of the entire continent. Undoubtedly, […]

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National workshop on fostering productive capacities and structural economic transformation in Nigeria

Building on Nigeria’s potential, the national workshop will discuss the role of productive capacities and structural economic transformation. It will examine how productive capacities and structural transformation can best be placed at the centre of Nigeria’s national policies and strategies. It will also introduce UNCTAD’s Productive Capacities Index (PCI) as the critical tool to measure […]

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Nigeria Economic Update (Issue 33)

Data from the Central Bank of Nigeria (CBN) shows that as of 17th August 2022, the official exchange rate of Naira to the US dollar was N420.83 for a dollar suggesting a N5.15 depreciation compared to the N415.68 reported at the end of the previous month (July).2 This fall in value of the domestic currency can be attributed […]

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How growing up during a Drought can affect Labour Opportunities later in Life

Amina and Yakubu grew up in the northern part of Nigeria in the 1970s. In early childhood, they experienced one of the worst droughts. They lost the quality of their infancy experience to poor nutrition due to the persistent drought in their childhood locations. Amina, now unemployed, was conceived during the drought and lived it […]

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Data Protection and Data-Driven Enterprise for Africa

The Centre for the Study of the Economies of Africa organised a webinar session titled “Data Protection and Data-Driven Enterprise for Africa”, on Tuesday 30th August 2022.The virtual event brought together key stakeholders from across Africa to examine and provide solutions to data administration issues for private and public organisations. The webinar addressed pressing data […]

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Shaping Responsible Data Governance Institutions in Africa

Data governance frameworks, structures and implementation approaches are all institutionally driven. Building an African data economy that benefits citizens and businesses requires the existence of responsible, sustainable and robust data governance institutions. From institutions that create or make relevant national and international data governance laws, regulations, standards and policies, institutions that monitor compliance and enforcement […]

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Responsible Data Governance In Africa : Institutional gaps and capacity needs

Africa is quickly becoming the new data frontier in the face of continued increase in the deployment of digital technologies. A proportionate data governance ecosystem is, however, still lacking. The available governance ecosystem is characterised by a lack of relevant institutions or in most cases non-functional institutions for effective data governance implementation. As part of […]

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