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Published on 04:14 GMT

Beyond GDP: Rethinking Economic Growth Measurement For Inclusive And Sustainable Development In Africa

1 Globally, economic growth is primarily measured by Gross Domestic Product (GDP) or Gross National Product (GNP), both of which are influenced by factors such as investment in capital, technological advancements, infrastructure improvements, …

Source: Daily Independent - Pending
Published on 02:53 GMT

Egypt’s current account deficit narrows to $13.2bn

EGYPT’S current account deficit narrowed to $13.2 billion in the nine months through March 2025, from $17.1bn in the same period a year earlier, Egypt’s central bank said yesterday. The bank attributed the slimmer deficit to an 86.6 per cent increase in …

Source: Gulf Daily News Online - Pro-Government
Published on Jul 22, 2025

Could the DR Congo Rwanda Agreement Reshape Africa’s Development Map?

Tue 22 Jul 2025 | 07:37 PM In pursuit of lasting regional stability, the Democratic Republic of the Congo (DRC) and the M23 movement have signed a Declaration of Principles committing to a permanent ceasefire, an end to hate speech, and the renunciation of …

Source: Sada Elbalad - Gov't Propaganda
Published on Jul 22, 2025

Egypt’s current account gap narrows, but overall BoP records deficit

Egypt’s balance of payments recorded an overall deficit of $1.9bn in the first nine months of the 2024/2025 fiscal year, swinging from a $4.1bn surplus a year earlier, the central bank said on Monday. The shift was mainly driven by a drop in capital …

Source: Daily News Egypt - Pro-Government
Published on Jul 22, 2025

Africa minerals strategy group welcomes Nigeria as full member

The Africa Minerals Strategy Group (AMSG) has welcomed Nigeria officially as a landmark step in the nation’s strategic shift toward regional collaboration, sustainable development, and value addition in the extractive sector. The group is leading efforts …

Source: The Guardian (Nigeria) - Neutral
Published on Jul 22, 2025

Africa loses $90bn annually to fuel imports – Dangote

…says refinery imports crude from US, others Aliko Dangote, President/Chief Executive of Dangote Industries Limited, said Africa loses an estimated $90 billion annually to the importation of refined petroleum products due to its inadequate domestic …

Source: Business Day - Neutral
Published on Jul 22, 2025

Egypt Quarterly Current Account Deficit Eases to $2.1 Billion on Higher Remittances

Egypt's current account deficit narrowed to $2.1 billion in January to March 2025 from $7.5 billion in the same period a year earlier, the central bank said on Tuesday. The central bank attributed the slimmer deficit to the increase in remittances from …

Source: Asharq Al-Awsat - Pro-Government
Published on Jul 22, 2025

Education, not arms will defeat terrorism in Nigeria — Egypt’s foreign minister

Egypt’s Minister of Foreign Affairs, Immigration and Expatriates, Badr Abdelatty, has identified education as the most powerful weapon with which Nigeria can fight terrorism and violent extremism. The Minister said this yesterday in Abuja, while pledging …

Source: The Guardian (Nigeria) - Neutral
Published on Jul 22, 2025

Azerbaijan to increase its investments in Africa, President Aliyev says

Azerbaijan's President Ilham Aliyev speaks during an address to the nation in Baku, Azerbaijan Oct. 9, 2020. (REUTERS) Azerbaijan is seeking to increase its investment portfolio in Africa thanks to its growing ties across the continent. During a …

Source: Citizen TV Kenya - Indeterminate
Published on Jul 22, 2025

Egypt current account deficit narrows to $13.2bln in nine months through March

Egypt's current account deficit narrowed to $13.2 billion in the nine months through March 2025, from $17.1 billion in the same period a year earlier, Egypt's central bank said on Tuesday. The bank attributed the slimmer deficit to an 86.6% …

Source: Zawya - Indeterminate
Published on Jul 22, 2025

Nigeria’s GDP improves by 3.13% in Q1 2025- NBS

By Okeoghene Akubuike The National Bureau of Statistics (NBS) says Nigeria’s Gross Domestic Product (GDP) grew by 3.13 per cent on a year-on-year basis in real terms in the first quarter of 2025. The Statistician-General (S-G) of the Federation, Adeyemi …

Source: News Diary Online - Indeterminate
Published on Jul 22, 2025

Rebasing pushes Nigeria’s GDP to N372.82trn as poverty deepens

Nigeria’s economy has grown significantly in nominal terms following the rebasing of the country’s Gross Domestic Product (GDP), but rising poverty continues to overshadow the upbeat numbers. The National Bureau of Statistics (NBS) announced yesterday that …

Source: Business Hallmark - Neutral
Published on Jul 22, 2025

How real estate displaced crude oil as Nigeria’s third largest GDP contributor

Nigeria’s real estate sector has overtaken crude oil and natural gas as the third largest contributor to the country’s Gross Domestic Product (GDP), following the rebasing of GDP to 2019 base year by the Nigeria Bureau of Statistics, (NBS). According to …

Source: Premium Times - Neutral
Published on Jul 22, 2025

Real estate becomes Nigeria’s 3rd largest sector after GDP rebasing, trade takes top spot

The Real Estate sector has emerged as Nigeria’s third-largest economic sector following the latest GDP rebasing by the National Bureau of Statistics (NBS), recording a staggering jump of over N25 trillion between the old and rebased figures for 2023. …

Source: Nairametrics - Neutral
Published on Jul 22, 2025

Egypt: President El-Sisi Meets The Prime Minister And The Minister Of Petroleum

(MENAFN- APO Group) Today, President Abdel Fattah El-Sisi met with Prime Minister, Dr. Moustafa Madbouly, and Minister of Petroleum and Mineral Resources, Eng. Karim Badawi. Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said the Minister of …

Source: MENAFN - Indeterminate
Published on Jul 22, 2025

Despite GDP hitting N372trn, Nigeria still fourth biggest economy in Africa – NBS

The National Bureau of Statistics (NBS) says Nigeria’s nominal gross domestic product (GDP) is N372.82 trillion as of 2024 following the rebasing exercise. In its ‘Rebasing of Gross Domestic Product (GDP)’ report on Monday, NBS said the nominal GDP for …

Source: New Mail - Pending
Published on Jul 22, 2025

Rebased GDP puts Nigeria’s economy at N372.8trn, services, real estate drive growth

By Chinelo Obogo Nigeria’s economy is now worth N372.8 trillion, up from N54.2 trillion, following a major update to the country’s Gross Domestic Product (GDP) by the National Bureau of Statistics (NBS). The revised figures, based on a new 2019 benchmark …

Source: The Sun Nigeria - Indeterminate
Published on Jul 22, 2025

Rebasing: Nigeria’s GDP hits N372.82trn as poverty rate worsens

From Abdullateef Aliyu, Gbenga Adebayo, Lagos; Faruk Shuaibu; Abuja and Sani Ibrahim Paki, Kano Following the rebasing of Nigeria’s Gross Domestic (GDP) report, the National Bureau of Statistics (NBS) yesterday stated that Nigeria’s economy grew by 3.13 …

Source: Daily Trust - Indeterminate
Published on Jul 22, 2025

UK investors double down on Africa’s growth promise

A recent report has identified a growing number of British businesses’ investment interest in Nigeria and other African countries as a key strategic growth region, drawn by the continent’s abundant mineral resources. Demographic advantage and reforms are …

Source: Punch - Indeterminate

05 days 23:16:04

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Published on July 22, 2025 - 06:21 GMT

Gas Turbine MRO Market to Hit $20.4 Billion by 2032 | Growth Driven by Power Generation Demand

🚀 Global Gas Turbine MRO Industry Growing at 3.5% CAGR | Predictive Maintenance & 3D Printing Trends Lead ⚡ WILMINGTON, DE, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- According to Allied Market Research, the global gas turbine …

Distribution channels: Energy Industry, Manufacturing ...
Published on July 22, 2025 - 18:33 GMT

Hungary states progress of oil pipeline project with Russia, Serbia

(MENAFN) Hungary has announced progress on a collaborative pipeline initiative with Serbia to transport Russian oil, signaling its continued resistance to the European Union's push to cut member states off from Russian energy. Foreign Minister Peter …

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Published on July 22, 2025 - 18:30 GMT

Poland Discovers Massive Oil Field in Baltic Sea

(MENAFN) A major oil field discovery off the Polish coast marks a historic milestone for the country’s energy sector, Canadian company Central European Petroleum revealed Monday. Located in the Baltic Sea just 6 kilometers (3.7 miles) from the northwestern …

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Published on July 22, 2025 - 18:30 GMT

Serbia, Russia, Hungary Advance Joint Oil Project

(MENAFN) Hungary has revealed significant strides in its collaborative effort with Serbia to develop a new oil pipeline that will carry Russian crude. According to Foreign Minister Peter Szijjarto, the initiative is “moving forward,” and he pledged to …

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Published on July 22, 2025 - 18:41 GMT

Colorado School of Mines’ Earth Observation Group Releases Key Data for 2025 Global Gas Flaring Tracker Report

GOLDEN, Colo., July 22, 2025 (GLOBE NEWSWIRE) -- A sharp and concerning rise in global gas flaring has been detected by the Earth Observation Group (EOG) at the Colorado School of Mines. EOG’s findings are reflected in the newly-released World Bank 2025 …

Distribution channels: Consumer Goods, Media, Advertising & PR ...
Published on July 22, 2025 - 09:29 GMT

Indonesia’s Oil Production Falls Short, Gas Surpasses Forecasts

(MENAFN) Indonesia's crude oil production in the first half of the year averaged 578,000 barrels per day (bpd), falling below the government's budget projection of 605,000 bpd. The shortfall was confirmed on Monday by Djoko Siswanto, head of the …

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Published on July 21, 2025 - 17:54 GMT

Gas Compressors Market Outlook 2032: Supporting Oil & Gas and Process Industries with 4.8% CAGR Growth

Gas Compressors Market Outlook 2032: Supporting Oil & Gas and Process Industries with 4.8% CAGR Growth WILMINGTON, DE, UNITED STATES, July 21, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, “Gas Compressors …

Distribution channels: Building & Construction Industry, Manufacturing ...
Published on July 22, 2025 - 13:29 GMT

Leak Detection Market to Grow at a CAGR of 5.6% and will Reach USD 8.2 billion by 2032

By end user, the oil and gas segment is the highest revenue contributor to the market, with a CAGR of 6.04%. WILMINGTON, DE, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published by Allied Market Research, …

Distribution channels: Business & Economy, Electronics Industry ...

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Published on July 23, 2025 - 04:00 GMT

BLUETTI Unveils Apex 300 Power Station in Canada as Demand for Backup Power and Off-Grid Solutions Rises

TORONTO, ONTARIO, CANADA, July 22, 2025 /⁨EINPresswire.com⁩/ -- As Canadians face increasingly frequent power outages and turn to off-grid lifestyles and RV travel, BLUETTI has launched the Apex 300, a next-generation modular power station designed …

Distribution channels: Business & Economy, Consumer Goods ...
Published on July 22, 2025 - 23:37 GMT

Nikki Clarke Network to Host Dr. Linda Pajoel and Other Speakers at 2025 Canada-Africa Trade & Investment Expo

Premier Canada-Africa forum set to unlock new investment frontiers in Toronto TORONTO, ONTARIO, CANADA, July 22, 2025 /⁨EINPresswire.com⁩/ -- The Organizing Committee of the Canada-Africa Trade & Investment Expo 2025 is proud to announce the …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on July 22, 2025 - 19:00 GMT

Deltron Electric Shares Key Information About Safe EV Charger Installation

Deltron Electric provides insight on how to safely integrate EV chargers into home electrical systems. COCOA, FL, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Deltron Electric has reported an increase in service requests following …

Distribution channels: Business & Economy, Companies ...
Published on July 22, 2025 - 18:03 GMT

Micro Inverter Market Future Outlook | Key Players, Regional Share, and Forecast Growth to 2031

Micro Inverter Market to grow from USD 2.8 Bn in 2022 to USD 8.5 Bn by 2031, at a CAGR of 20.5% during 2024–2031. AUSTIN, TX, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Global Micro Inverter Market Surges with Solar Energy Boom and Smart …

Distribution channels: Energy Industry ...
Published on July 22, 2025 - 17:56 GMT

Cruitfly Reports Stable First Half with Promising Outlook for Temporary Scaffolding Labor Nationwide

Signs of a shifting economic climate are generating renewed optimism for the second half of the year. CHARLOTTE, NC, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Cruitfly, a leading provider of skilled temporary labor solutions for …

Distribution channels: Building & Construction Industry, Companies ...
Published on July 22, 2025 - 17:55 GMT

SoftNAS® Sets New Benchmark in High-Availability Cloud Storage with Real-World Customer Results

Buurst Inc. announces enhanced SoftNAS capabilities that deliver 99.999% uptime and up to 40% cost savings across AWS, Azure, and Oracle Cloud HOUSTON, TX, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Buurst™, a data performance company, …

Distribution channels: Business & Economy, Companies ...
Published on July 22, 2025 - 17:00 GMT

As Summer Temperatures Thrive, Internationally-Approved Thermahood Dominates U.S. Market with Affordable Home Solution

BOCA RATON, FL, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- With July marking the middle of summer, families across the United States are feeling the heat as temperatures reach record highs and air conditioners see more use than ever. Thermahood, …

Distribution channels: Building & Construction Industry, Companies ...
Published on July 22, 2025 - 15:45 GMT

HUG Hydronics Ships Its 500th Radiant Heating Tank as Demand Grows for Simpler, Smarter Hydronics

HUG Hydronics celebrates its 500th system shipped, marking a major milestone in simplified, energy-efficient radiant heating innovation. PINE RIVER, MN, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- HUG Hydronics, a Minnesota-based …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on July 22, 2025 - 15:26 GMT

Onsite Utility Services Capital Announces Strategic Appointment of Noe Romo as VP of TX School & Industry Associations

DELAVAN, WI, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Onsite Utility Services Capital, LLC, a national leader in energy efficiency and Energy-as-a-Service solutions, is proud to announce the appointment of Noe Romo as Vice President of …

Distribution channels: Business & Economy, Companies ...
Published on July 22, 2025 - 15:00 GMT

R2 Recycling Expands Compliant Battery Disposal Services to Greater Boston

Our compliant battery disposal service ensures that your business will remain in-compliance with regulations BOSTON, MA, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- R2 Recycling announced the launch of a comprehensive battery disposal …

Distribution channels: Banking, Finance & Investment Industry, Electronics Industry ...
Published on July 22, 2025 - 15:00 GMT

Diesel Driving Academy Opens New Truck Driving School in West Monroe, LA

Diesel Driving Academy is proud to announce the opening of its newest truck driver training campus in West Monroe, LA. WEST MONROE, LA, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Diesel Driving Academy (DDA), Louisiana’s oldest and most …

Distribution channels: Business & Economy, Companies ...
Published on July 22, 2025 - 14:30 GMT

Lawless Group Announces Strategic National Realignment and Leadership Promotions

Lawless Group announces a strategic realignment of its national sales organization and a series of key leadership promotions DALLAS, TX, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Lawless Group, a leading national partner in manufacturer …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on July 22, 2025 - 14:30 GMT

New Compact 500 Series VisionGauge® Digital Optical Comparator - Complete Inspection & Measurement in a Small Footprint

The new Compact configuration of the 500 Series was developed for applications requiring full inspection functionality but where floorspace is very restricted. MONTREAL, QUEBEC, CANADA, July 22, 2025 /⁨EINPresswire.com⁩/ -- The VisionGauge® Digital …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on July 22, 2025 - 14:00 GMT

R2 Recycling Launches Full‑Scale Solar Panel Recycling for Fort Washington, PA and the Greater Philadelphia Region

Solar panels contain harmful materials that must be properly recycled and should never be sent to landfills. FORT WASHINGTON, PA, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- R2 Recycling today announced the roll‑out of a dedicated solar …

Distribution channels: Business & Economy, Energy Industry ...
Published on July 22, 2025 - 14:00 GMT

inGeniti Selected for Competitive NTAP Award to Advance Real-Time DER Optimization Platform

New collaboration with NTAP Cohort 5 helps inGeniti advance distributed energy solutions for global markets. IRVINE, CA, CA, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- inGeniti, a pioneer in universal distributed energy resource (DER) …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on July 22, 2025 - 13:54 GMT

Pivot Energy Recognized as Solar Power World’s Top 2025 Solar Contractor, Again

Pivot Energy ranks Top 10 in 2025’s Top Solar Contractor for community solar project development DENVER, NY, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Pivot Energy, a leading, national renewable energy provider and independent power …

Distribution channels: Business & Economy, Companies ...
Published on July 22, 2025 - 13:30 GMT

POWR2 Certified to UL and CSA Standards for Mobile Battery Energy Storage Systems

POWR2 Opens Door to New Markets for Mobile BESS BETHEL, CT, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- POWR2 has achieved a significant milestone as the first battery energy storage system (BESS) manufacturer in its size category to be …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on July 22, 2025 - 13:00 GMT

DroneDeploy Redefines Progress Tracking in Construction with Launch of Progress AI

New AI agent automates progress tracking from drone and 360 camera data, delivering results in minutes, not days, at fraction of cost of existing solutions. SAN FRANCISCO, CA, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- DroneDeploy, the …

Distribution channels: Agriculture, Farming & Forestry Industry, Aviation & Aerospace Industry ...
Published on July 22, 2025 - 12:45 GMT

Lynxspring Announces Nomad Controls Ltd. as New European Distributor

LEE'S SUMMIT, MO, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Lynxspring, Inc., (https://www.lynxspring.com) a premier manufacturer, developer, and provider of open, software and hardware platforms for smarter buildings, building controls, …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on July 22, 2025 - 12:12 GMT

Crowcon Launches New Dual-Channel Gas Detector for Hydrogen, CO and Methane Detection in Battery Energy Storage

New BESafe device offers pre-calibrated smart sensors, dual-gas detection, and compact installation footprint to support evolving energy infrastructure needs. DIDCOT, OXFORDSHIRE, UNITED KINGDOM, July 22, 2025 /⁨EINPresswire.com⁩/ -- Crowcon …

Distribution channels: Energy Industry, Manufacturing ...