The week that was May 15, 2020

The week that was May 15, 2020

North Africa Egypt’s request for a $2.77 billion loan from the IMF was approved. Egypt also requested an additional $5 billion from the IMF, World Bank Group, and Europe and $4 billion from various other financiers.  Algeria started manufacturing COVID-19 test kits....
Ethiopia’s forecasted 2030 growth

Ethiopia’s forecasted 2030 growth

ABiQ’s forecasting tool has predicted that Ethiopia will see a 12.5% increase in population by 2030, with the country set to play home to over 16 million additional people bringing its total to over 128 million. Its latest GDP stands at nearly US $91 billion, around...
West Africa needs US $7bn power investment

West Africa needs US $7bn power investment

With West Africa’s population set to exceed 485 million by 2030, ABiQ predicts the region will need more than 3 GW of new capacity to simply maintain the current access to power. With West Africa having one of the world’s lowest electricity consumption rates, to...
2030 growth predictions for Rwanda

2030 growth predictions for Rwanda

With an estimated increase of 15% in its population by 2030, Rwanda is set to grow by more than 2.5 million people according to ABiQ’s intelligent forecasting tool. This will bring Rwanda’s total to around 15.3 million. The country’s GDP is about to cross US $9.5...
Kenya’s forecasted 2030 growth

Kenya’s forecasted 2030 growth

Kenya’s population is set to grow by more than 10 million over the next 10 years, that’s a 1.8% increase year-on-year, 0.75% more than the global benchmark predicted for 2020. Through ABiQ’s forecasting tool, we predict Kenya’s population will exceed 65 million...