The quality of life index measures living conditions within countries, using quantifiable yardsticks such as the purchasing power of the people and the quality of accessible healthcare.This list is courtesy of Numbeo, the leading global provider of perceived consumer prices and other statistics. The quality of life of citizens is undoubtedly one of the most important metrics for determining countries’ levels of development. This is why development experts and policymakers pay very close attention to countries’ quality of life index scores. As its name suggests, the quality of life index measures living conditions within countries, using quantifiable yardsticks such as…
Author: Onyinyechi Nwanunobi
Personal services are the most searched-for business to startup in 22.7% of African countries.The recycling business is second on the list of most-searched-for businesses to startup in Africa. A new survey by ZenBusiness has found that the industries that most attract entrepreneurs vary from country to country and depend on various factors such as infrastructure, business climate, and culture. According to the survey, Personal services are the most-searched-for small business type in 22.7% of African countries, the largest share of any continent. These include interior design in Mauritius, cooking gas refills in South Africa, and photography in Namibia. The map below shows…
Ethiopia is the latest African country to ban the use of cryptocurrencies.The central bank issued a warning that cryptocurrencies are being utilised to carry out unofficial financial transactions and schemes involving money laundering. Bitcoin has been controversial since its beginning in 2009, as have the subsequent cryptocurrencies that followed in its wake. Due to its extreme volatility, its use in nefarious transactions and the exorbitant use of electricity to mine it, the legal status of the digital currency varies substantially from country to country. But as more Africans turn to cryptos, the criticisms have continued to manifest in an array…
Nigeria only added 47 new products to its export portfolio during a 30-year period between 1990 and 2020.This is unlike other countries (including Tanzania and Cameroon) who added 95 new products during the same period under review.The IMF has therefore advised the West African country to further diversify its exports, because doing so would be benefit its economy. Nigeria has failed to extensively diversify its export portfolio, a new report by the International monetary Fund (IMF) said. Nigeria has achieved little export diversification over the past decades. Diversification can be attained by including new commodities in the export portfolio (extensive…
Efficient role distribution and thorough succession planning are the basis of organisational progress. In Africa, the need for a formal plan on leadership structure and transition has been exacerbated by a large number of family businesses where such procedures are often overlooked and the same staff simultaneously holds multiple positions. According to a recent article, about 76% of African family businesses have no succession plans and 19% of them even deliberately decided against such plans. Similarly, 50% of Nigerian family businesses had no governance policies, yet 70% of them and 63% of African family businesses considered sustainability to be the key…
Bags under the eyes are usually a cosmetic concern and don’t usually require medical treatment. Tired, puffy eyes can often be caused by stress and fatigue. While there is a range of over-the-counter beauty treatments to tackle this, the results may be temporary. Here are some easy-to-follow home remedies, a permanent fix for those eye bags. Saltwater compress Hot water and salt together reduce swelling. Add half a teaspoon of salt to some warm water in a bowl. Soak two cotton balls in this solution and place them over your eyes. Once they cool, soak the cotton balls again and…
There is a rising trend among health-conscious people asking which is better to consume, brown eggs or white eggs. Here’s what you need to know: Eggs are inexpensive sources of protein easily purchasable across social strata and pack a healthy dose of proteins, essential minerals, vitamins and fats. Brown egg or white egg, which is healthier for weight loss? Eggs are a very healthy, inexpensive, complete source of protein, easy to make and great for weight loss. And when it comes to the debate about the benefits of brown eggs or white eggs, there is no difference. While you should…
Fact is when your shoes smell they are really embarrassing. While your shoes may start to smell when your feet sweat excessively, repeating that same pair of socks and shoes every day or other foot-related problems can also be the cause. Here are easy and natural ways to keep your favourite shoes from smelling: Baking soda It absorbs the odour and moisture from your shoes that results due to sweat. Method Sprinkle a good amount in your shoes and let it work its magic overnight. You can also fill unused coffee filters with baking soda and secure them at the…
This list is courtesy of Tracking SDG7: The Energy Progress Report, a global dashboard dedicated to registering progress on energy access.electricity access simply entails the percentage of people, within a given location or country, who have stable access to electricity. Recently, we published a report detailing countries with the best electricity access in Africa. It gained quite a lot of traction, with more than 150, 000 reads in its first week of publication alone. This traction wasn’t so surprising. After all, it’s a known fact that electricity is a major pain-point for most Africans. Therefore, any discussion about the subject will…
Don’t just migrate, consider what your priorities will be and pick the country that’s best for you. These are the seven best countries that are most welcoming to immigrants. They all have booming economies, progressive immigration policies and immigrant support services. So, don’t just migrate, consider what your priorities will be and pick the country that’s best for you. 1. Sweden Sweden has been ranked as the world’s best country for immigrants, ahead of Canada and Switzerland. Sweden’s decision to take in large numbers of refugees had seen its society diversify as migrants account for about 10 percent of its 9.8…
We are all familiar with the saying health is wealth. It is undoubtedly one of the most underrated sayings in the world. But that’s only until someone falls ill and needs medical attention. And we all need medical attention by the way. That’s exactly why the topic of quality healthcare systems is an important one. Across Africa, healthcare systems are generally sub-standard compared to other parts of the world. Little wonder millions of Africans prefer to seek medical attention abroad, in what has best been described as medical tourism. It’s important to stress that one of the most unfortunate things…
Last year, remittance inflows to Sub-Saharan African countries rose by 14.1 percent to $49 billion, according to The World Bank. In 2022, remittance outlook is looking moderately positive, according to The World Bank’s recently released Migration and Development Brief. A copy of the brief, which was obtained by Business Insider Africa, said growth is expected to accelerate further by 7.0% to $55 billion. The expected growth is despite the prevailing adverse economic environment across the world. Global remittances have always been much needed financial lifelines to low-income countries, many of which are in Africa. In view of the uncertainty that often…