Category: Economics

The Gambia’s Economic Renaissance: Tourism Boom and Digital Innovation Shape Future Growth

9 September 2025

Economic Resilience and Tourism Revival The Gambian economy has demonstrated remarkable resilience in 2025, achieving a robust 5.7% real GDP growth in 2024. This impressive performance reflects the country’s successful recovery from the pandemic and its ability to navigate global economic challenges, supported by strong activity in the services sector and increased public and private […]

Ghana’s Economic Transformation: Balancing Growth and Stability in 2025

9 September 2025

A Resilient Recovery Ghana’s economy has shown remarkable resilience, achieving strong growth of 5.7% in 2024 and maintaining momentum with 5.3% growth in the first quarter of 2025. The country has made significant progress in several key areas, including debt restructuring, inflation management, and building robust trade performance leading to stronger reserves. Current Economic Landscape […]

Madagascar vs Chad: A Tale of Two African Economies in 2025

9 September 2025

Current Economic Landscape Madagascar’s economy is showing moderate growth, with projections of 4.7% from 2025 to 2027, though the current 4.2% growth rate is considered insufficient to significantly improve living standards. Chad, on the other hand, presents a more optimistic outlook with projected growth of 5.2% in 2024 and 5.3% in 2025, primarily driven by […]

Russia’s Two-Speed Economy: Military Spending Surge Masks Civilian Sector Struggles

9 September 2025

Russia’s Economic Transformation in 2025 Russia’s war economy, now in its third year, is facing mounting challenges, including rising inflation, labor shortages, and growing economic imbalances. The nation’s economic landscape has undergone significant changes, reflecting the priorities and pressures of sustained military engagement. Military Spending and Economic Impact The direct financial expenditure for waging the […]

Bermuda’s Economic Renaissance: Tourism Rebounds as Financial Services Lead Growth

9 September 2025

A Strategic Economic Evolution Bermuda’s economy continues to be significantly influenced by tourism, though international business has become increasingly dominant in recent years. The tourism sector represents about 5% of the country’s GDP. Tourism Sector Recovery Recent data shows encouraging signs in Bermuda’s tourism industry, with significant growth in leisure air-visitor numbers, superyacht calls, and […]