Pulse #16 - Rest in Power: Polio no-more, Nigeria's oil self-sufficiency, the $500mn case for remittances, & declaring war on the mobile virus,
The Data Room
871mn people in Africa remain unconnected to the internet in 2020. Central Africa has seen a 40% increase in internet users from 2019, making it the fastest growing region in the world in internet adoption. The spike is particularly attributed to the Democratic Republic of Congo which saw 9mn new internet users in a year - a 122% increase. Growth in Africa’s internet connectivity is partly attributed to heavy investments by non-profit organisations and companies like Facebook.
Numbers in the Spotlight
($15bn) is the anticipated cost of Dangote’s oil refinery project in Nigeria
($500mn) is how much UK money transfer company, WorldRemit, is paying to acquire Sendwave, the African-focused, app-based remittance company
Rwanda's first pharmaceutical manufacturer will begin operations in September, with hopes to trim the country’s drug import bill by 10-20%, and export to the whole Continent. The plant will have an annual capacity to produce 800mn packets of tablets, 200mn capsules, and 8mn bottles across a wide range of conditions including Malaria, HIV/AIDs and Tuberculosis. Sub-Saharan Africa (SSA) imports 70-90% of their drugs, compared to China and India that import 5% and 20% respectively. Competitiveness and sustainability of local drug producers in SSA partly depends on their ability to diversify into high value innovative medicines such as anticancer drugs.
Proportional representation in politics, business and community leadership
Effective internal and regional security, and foreign policy
The Southern African Development Community (SADC) has pledged to support an overwhelmed Mozambican government combat the Islamic State-affiliated Ahlu Sunnah Wal Jammah (ASWJ). The militants continue to disrupt livelihoods and threaten the $60bn liquefied natural gas exploration investments by foreign companies. SADC's formal intervention has been slow partly because Cabo Delgado (the province seized by ASWJ) is seen as an East African regional problem rather than a southern Africa one. However, lessons can perhaps be learnt from the Nigerian army retaliation of Boko Haram in 2015, where a coordinated regional approach was key to successful counterinsurgency efforts.