Question 1

What was the approximate total value of foreign direct investment (FDI) inflows to Africa in 2024, marking an all-time high?

Accepted Answer

$94 billion

Question 2

Which African stock exchange was the top performer in 2024, experiencing a significant percentage gain?

Accepted Answer

Ghana Stock Exchange

Question 3

In 2024, which North African country attracted the largest share of FDI in Africa, largely due to a major development project?

Accepted Answer

Egypt

Question 4

According to IMF projections, what was the projected GDP growth rate for Sub-Saharan Africa in 2024?

Accepted Answer

3.6%

Question 5

Which sector saw a significant plunge in investment in Africa in 2024, contrasting with growth in other areas like telecommunications?

Accepted Answer

Extractive Industries

Question 6

What was the approximate total VC funding for African startups in 2024, indicating a decline from the previous year?

Accepted Answer

$2.21 billion

Question 7

In 2024, which of the following African countries was projected by the IMF to have the largest economy on the continent?

Accepted Answer

South Africa

Question 8

What significant event occurred in March 2024 concerning Egypt's exchange rate policy as part of its economic reforms?

Accepted Answer

A flexible exchange rate was adopted.

Question 9

Which of the following African stock markets was among the best-performing frontier markets in 2024, with a gain of over 50%?

Accepted Answer

Ghana

Question 10

In 2024, North Africa accounted for what percentage of total African FDI inflows, with Egypt being the primary driver?

Accepted Answer

52%

Question 11

What was the projected average GDP growth rate for Sub-Saharan Africa in 2025, showing a modest increase from 2024?

Accepted Answer

4.2%

Question 12

Despite a global decline in fintech funding in 2024, which region in Africa saw a significant increase in its share of total fintech funding, largely due to one major deal?

Accepted Answer

North Africa

Africa's Economic Surge: Record FDI, Booming Stock Markets, and Shifting Trade Trends in 2024

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