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PETER DANIEL ONIMISI (Ph.D.) Introduction Since independence from colonial domination in the 1960s, Africa’s economic performance has been relatively underwhelming. It is noteworthy that Africa grew more quickly than other developing regions of the world during the first ten years of independence. However, the continent was severely set back in the late 1970s, and this […]

PETER DANIEL ONIMISI (Ph.D.) The percentage of Africa’s debt to GDP has been steadily increasing in recent years, exacerbated by the fact that the increase in borrowing has not been matched by an increase in revenue. The total amount of external debt held by governmental and private sector organizations in Africa exceeded US$1 trillion in

PETER DANIEL ONIMISI (Ph.D.) Introduction The last ten years have seen a gradual growth in interest in alternative business models that balance environmental, financial, and social outcomes in light of the ongoing global concerns of environmental degradation, inequality, poverty, and social injustice. The Equator Principles (EP), formulated in June 2003, laid a robust premise for

The most developed economy in Africa is grappling with a severe energy crisis that is endangering not only the economy and food supplies but also the lives of millions of people…

Thirty-nine (39) years after, under the same head of state/president, the federal republic of Nigeria decided to redesign her currency.

By PETER DANIEL ONIMISI From the north of Casablanca, Morocco, to Nairobi, Kenya, Lagos, Nigeria, and down south to Johannesburg, South Africa, the common phenomenon in the economy late in the year 2022 and presently in the new year 2023 is “inflation.” Inflation is the rate at which prices increase over a given period. Inflation