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Revealed! Ethiopia Is Now Africa’s Fastest Growing Economy

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Ethiopia Is Now Africa’s Fastest Growing Economy

CNN) — Ethiopia, Africa’s second most populated country, is forecast to be the fastest growing economy in Sub-Saharan Africa this year, according to new data from the IMF.
Ethiopia’s economy is predicted to grow by 8.5% this year.
The figures signal continued economic expansion following a long period of impressive growth. In the last decade, Ethiopia has averaged around 10% economic growth, according to the IMF.

To boost the economy, the country is pursuing a number of large-scale infrastructure projects, including the Grand Renaissance Dam and a railway network.
“(Ethiopia) has had a very high growth rate and I think that’s a result in large part of a very concentrated effort by the government to boost industrial production and manufacturing,” said Vijaya Ramachandran, an economist at the American think tank Center for Global Development (CGD).
Ramachandran, along with three academics, released a report suggesting Ethiopia can follow in China’s footsteps, and become a destination for low-wage manufacturing jobs.

However, despite sustained economic growth, in the past few years Ethiopia has experienced increasing unrest from Oromo groups in the Oromiya region. According to human rights groups, the government has suppressed basic rights and freedoms.

New Prime Minister Abiye Ahmed was sworn at the beginning of April, signaling an intent to ease tensions.

Economic Growth.
Ivory Coast is expected to be the second fastest growing economy in the region at 7.4%. Rwanda’s estimated economic growth is 7.2%, and the West African country Senegal is projected to have 7% growth.

The data reveals that Ghana, which was previously forecast as the fastest growing economy in Sub-Saharan Africa in October 2017, at 8.9%, slowed in its predicted growth to 6.4%. Last year, a reported surge in oil and gas production helped propel the country’s economy. Related Article:44 African countries agree free trade agreement, Nigeria yet to sign
Nigeria, Africa’s largest economy, is predicted to grow by 2.1%, an increase from 1.9% forecast in October 2017.

“They’ve updated it to 2.1%. However, they have emphasized the risks. The falling commodity prices and imbalances that are to arise because of the elections,” Bismarck Rewane, a Nigerian economist, told CNN.

Related Article: Tanzanian govt demands $930 fee from bloggers in internet clampdown
South Africa’s predicted growth stands at 1.5%.
Long term, according to a report from the World Bank in 2016, the proportion of the African population in extreme poverty has declined, but the overall number has increased as the continent’s population expands.

Growth across the whole region is forecast to average 3.4%, below the total world growth figure of 3.9%.

www.cnn.com/2018/01/24/africa-largest-economy/index.html

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Ramadan: Adron Homes Felicitates Muslims, Preaches Hope and Unity

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Ramadan: Adron Homes Felicitates Muslims, Preaches Hope and Unity

Adron Homes & Properties Limited has congratulated Muslim faithful on the commencement of the holy month of Ramadan, urging Nigerians to embrace the virtues of sacrifice, discipline, and compassion that define the season.

In a statement made available to journalists, the company described Ramadan as a period of deep reflection, spiritual renewal, and strengthened devotion to faith and humanity.

According to the management, the holy month represents values that align with the organisation’s commitment to integrity, resilience, and community development.

“Ramadan is a time that teaches patience, generosity, and selflessness. As our Muslim customers and partners begin the fast, we pray that their sacrifices are accepted and that the season brings peace, joy, and renewed hope to their homes and the nation at large,” the statement read.

The firm reaffirmed its dedication to providing affordable and accessible housing solutions to Nigerians, noting that building homes goes beyond structures to creating environments where families can thrive.

Adron Homes further urged citizens to use the period to pray for national unity, economic stability, and sustainable growth.

It wished all Muslim faithful a spiritually fulfilling Ramadan.

Ramadan Mubarak.

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Underfunding National Security: Envelope Budgeting Fails Nigeria’s Defence By George Omagbemi Sylvester

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Underfunding National Security: Envelope Budgeting Fails Nigeria’s Defence

By George Omagbemi Sylvester | Published by saharaweeklyng.com

“Fiscal Rigidity in a Time of Crisis: Lawmakers Say Fixed Budget Ceilings Are Crippling Nigeria’s Fight Against Insurgency, Banditry, and Organized Crime.”

Nigeria’s legislature has issued a stark warning: the envelope budgeting system; a fiscal model that caps spending for ministries, departments, and agencies (MDAs) is inadequate to meet the country’s escalating security challenges. Lawmakers and budget analysts argue that rigid fiscal ceilings are undermining the nation’s ability to confront insurgency, banditry, kidnapping, separatist violence, oil theft and maritime insecurity.

The warning emerged during the 2026 budget defence session for the Office of the National Security Adviser (ONSA) at the National Assembly in Abuja. Senator Yahaya Abdullahi (APC‑Kebbi North), chairman of the Senate Committee on National Security and Intelligence, decried the envelope system, noting that security agencies “have been subject to the vagaries of the envelope system rather than to genuine needs and requirements.” The committee highlighted non-release or partial release of capital funds from previous budgets, which has hindered procurement, intelligence and operational capacity.

Nigeria faces a multi‑front security crisis: persistent insurgency in the North‑East, banditry and kidnappings across the North‑West and North‑Central, separatist tensions in the South‑East, and piracy affecting Niger Delta oil production. Despite declarations of a national security emergency by President Bola Tinubu, lawmakers point to a “disconnect” between rhetoric and the actual fiscal support for agencies tasked with enforcement.

Experts warn that security operations demand flexibility and rapid resource allocation. Dr. Amina Bello, a public finance specialist, said: “A static budget in a dynamic threat environment is like sending firefighters with water jugs to a forest fire. You need flexibility, not fixed ceilings, to adapt to unforeseen developments.”

The Permanent Secretary of Special Services at ONSA, Mohammed Sanusi, detailed operational consequences: irregular overhead releases, unfulfilled capital appropriations, and constrained foreign service funds. These fiscal constraints have weakened intelligence and covert units, hampering surveillance, cyber‑security, counter‑terrorism and intelligence sharing.

Delayed capital releases have stalled critical projects, including infrastructure upgrades and surveillance systems. Professor Kolawole Adeyemi, a governance expert, emphasized that “budgeting for security must allow for rapid reallocation in response to threats that move faster than political cycles. Envelope budgeting lacks this essential flexibility.”

While the National Assembly advocates fiscal discipline, lawmakers stress that security funding requires strategic responsiveness. Speaker Abbas Ibrahim underscored that security deserves “prominent and sustained attention” in the 2026 budget, balancing oversight with operational needs.

In response, the Senate committee plans to pursue reforms, including collaboration with the executive to restructure funding, explore supplementary budgets and ensure predictable and sufficient resources for security agencies. Experts warn that without reform, criminal networks will exploit these gaps, eroding public trust.

As one policy analyst summarized: “A nation declares a security emergency; but if its budget does not follow with real resources and oversight, the emergency remains rhetorical.” Nigeria’s debate over envelope budgeting is more than an accounting dispute; it is a contest over the nation’s security priorities and its commitment to safeguarding citizens.

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Rev. Mother Kehinde Osoba (Eritosin) Celebrates as She Marks Her Birthday

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Rev. Mother Kehinde Osoba (Eritosin) Celebrates as She Marks Her Birthday

 

Today, the world and the body of Christ rise in celebration of a rare vessel of honour, Rev. Mother Kehinde Osoba, fondly known as Eritosin, as she marks her birthday.

Born a special child with a divine mark of grace, Rev. Mother Eritosin’s journey in God’s vineyard spans several decades of steadfast service, spiritual depth, and undeniable impact. Those who know her closely describe her as a prophetess with a heart of gold — a woman whose calling is not worn as a title, but lived daily through compassion, discipline, humility, and unwavering faith.

From her early days in ministry, she has touched lives across communities, offering spiritual guidance, prophetic insight, and motherly counsel. Many testify that through her prayers and teachings, they encountered God in a deeply personal and transformative way. Near and far, her influence continues to echo — not only within church walls, but in homes, families, and destinies reshaped through her mentorship.

A mother in every sense of the word, Rev. Mother Kehinde Osoba embodies nurture and correction in equal measure. As a grandmother, she remains energetic in purpose — accommodating the wayward, embracing the rejected, and holding firmly to the belief that no soul is beyond redemption. Her life’s mission has remained consistent: to lead many to Christ and guide them into the light of a new beginning.

Deeply rooted within the C&S Unification, she stands tall as a spiritual pillar in the Cherubim and Seraphim Church globally. Her dedication to holiness, unity, and prophetic service has earned her widespread respect as a spiritual matriarch whose voice carries both authority and humility.

As she celebrates another year today, tributes continue to pour in from spiritual sons and daughters, church leaders, and admirers who see in her a living reflection of grace in action.

Prayer for Rev. Mother Kehinde Osoba (Eritosin)

May the Almighty God, who called you from birth and anointed you for His service, continually strengthen you with divine health and renewed vigour.

May your oil never run dry, and may your prophetic mantle grow heavier with greater glory.

May the lives you have nurtured rise to call you blessed.

May your latter years be greater than the former, filled with peace, honour, and the visible rewards of your labour in God’s vineyard.

May heaven continually back your prayers, and may your light shine brighter across nations.

Happy Birthday to a true Mother in Israel — Rev. Mother Kehinde Osoba (Eritosin).

More years.

More anointing.

More impact.

If you want this adapted for a newspaper page, church bulletin, Facebook post, or birthday flyer, just tell me the format and tone.

Rev. Mother Kehinde Osoba (Eritosin) Celebrated as She Marks Her Birthday

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