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Sustainable growth and building resilience in Africa require structural transformation – Economic Report on Africa (ERA 2023)

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Sustainable growth and building resilience in Africa require structural transformation – Economic Report on Africa (ERA 2023)

By: Michael Mike

The Economic Report on Africa 2023 (ERA 2023) has said: “Achieving sustainable growth and building resilience requires structural transformation.”

It also said: “Successful industrial policy requires both sectoral focus as well as getting the basics right. It is essential for countries to identify optimal combinations of policy actions to nurture an industrial programme.”

The report with title: “Building Africa’s Resilience to Global Economic Shocks”, and presented by the Director, Macroeconomics and Governance Division at the United Nations Economic Commission for Africa (UNECA), Adam Elhiraika, was launched in Abuja on Monday.

The report showed that the current global economic architecture affords opportunities for African countries to leapfrog and accelerate industrialization through careful experimentation of what has worked elsewhere and adapting it to local conditions.

Elhiraika explained that firm survival and growth in Africa were closely linked with exporting, working with international capital and international or global firms, adopting international managerial norms and standards as well as developing industrial clusters.

These elements, according to ERA 2023, come in different shades depending on the type of firms and their technology intensity. Broadly, however, three economic fundamental gaps require attention to get the basics right: skill gaps; infrastructure gaps and overall institutional quality gaps.

On Promoting regional value chains, the report states that countries can collaborate in creating, for example, regional agricultural commodity markets that will help to connect surplus economies with net importers for wheat, sugar and rice. This will reduce dependence on Russia and Ukraine.

The report also explained that: “Financial integration could also protect the continent from the vicious cycle of debt distress and liquidity crunches through regional bond markets that would enhance savings mobilization, risk pooling and funding for regional and national infrastructure.”

UN Resident and Humanitarian Coordinator, Matthias Schmale, represented by the Economist in the Resident Coordinator’s Office, Nonso Obikili, noted that the convergence of many crises, such as the shocks generated by the consequences of the COVID-19 epidemic, the ripple effects of the Russian invasion of Ukraine, and climate change had resulted in Africa experiencing a setback or lack of progress in achieving the targets set by the Sustainable Development Goals (SDGs).

He cited an example of the impact of shocks on poverty, in 2021, when almost 30 million Africans experienced severe poverty, and the loss of 22 million employment occurred.

“The top ten countries with the highest number of poor people account for 64.7% of the continent’s poor population. The first four countries—Nigeria (100 million), the DR Congo (67 million), Tanzania (36 million) and Ethiopia (33 million)—account for 42% of the poor population.” Schmale said.

The ERA 2023 therefore called for new approaches for African countries to address challenges of global economic shocks. The report calls for improving risk management and building resilience strategies through well-designed national development plans and good governance, as well as structural transformation through equitable green growth and smart industrial strategies.

Special Adviser to the President on Economic Matters, Dr Tope Fasua, highlighted economic recessions that Nigeria had experienced in the past: Commodity price crashes of early 1970s after the oil boom in 1973; recession of the 1980s due to fall in commodity prices; and another crash in the mid-2000s due to crude oil crash. “We live life of volatility in terms of our finances, and most of Africa is still tethered to these kinds of risks.” He said.
At the launch were representatives of the United States Embassy, European Union, USAID, Federal Ministry of Budget and Economic Planning; Federal Ministry of Finance; Central Bank; and UN Agencies.

Sustainable growth and building resilience in Africa require structural transformation – Economic Report on Africa (ERA 2023)

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Youth attempt to disarm soldiers enforcing curfew in Niger

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Youth attempt to disarm soldiers enforcing curfew in Niger

By: Zagazola Makama

Some youths in Borgu Local Government Area of Niger State allegedly attempted to disarm soldiers enforcing a curfew before fleeing the scene, security sources have said.

Zagazola gathered that the incident occurred at about 10:35 p.m. on March 10 when troops of the 221 Battalion, Wawa Cantonment, were on patrol to enforce the curfew declared by the Chairman of Borgu Local Government.

According to the sources, the troops were patrolling along the Correctional Service Office area in New Bussa when they intercepted some motorcycles.

During the encounter, some aggressive youths reportedly began stoning the soldiers and attempted to struggle with them in a bid to seize a rifle, while also hurling abusive language.

The troops fired warning shots into the air to disperse the youths, who later fled the scene.

The Controller of the Nigerian Correctional Service subsequently reported the incident to the police.

Following the report, the Divisional Police Officer (DPO) in New Bussa immediately mobilised more security personnel to the area, but the youths had already dispersed.

Community leaders, including the village head, were later invited and cautioned to maintain peace and ensure residents avoid confrontations or misunderstandings with security personnel.

Security sources said no arrest was made and no injury was recorded, while the military troops continued their patrol in the area.

Youth attempt to disarm soldiers enforcing curfew in Niger

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ISWAP appoints Abu Ameer as new pulka commander after neutralization of Modu Kundiri

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ISWAP appoints Abu Ameer as new pulka commander after neutralization of Modu Kundiri

By: Zagazola Makama

Following the recent neutralization of Modu Kundiri, the senior commander (Qa’id) of Pulka camp in Gwoza Local Government Area of Borno State, the Islamic State West Africa Province (ISWAP) has appointed a replacement to sustain its operational command in the area.

Intelligence reports obtained on the evening of March 11, 2026, revealed that ISWAP leadership quickly designated Abu Ameer as the new commander (Qa’id) of Pulka camp. The move pointed out to the group’s efforts in maintaining command continuity despite recent setbacks.

Kundiri had served as the senior commander, also known as Qa’id, of the group’s Pulka camp, a strategic operational hub located in the southern axis of Borno near the border with Adamawa State and Cameroon.

Pulka occupies a critical position in the insurgency landscape due to its geographical proximity to the border regions linking Borno State with Adamawa State and neighbouring Cameroon.

The area has historically served as a transit corridor for insurgent fighters, logistics supplies and communication networks operating across multiple theatres.

According to intelligence discussions intercepted on March 11, fighters loyal to the group are still present in Ngalta village, located between Pulka in Gwoza LGA and Madagali Local Government Area in Adamawa State.

The disclosure reportedly came during internal exchanges among insurgent members, where a fighter identified as Konto informed another member, Manya, about the continued presence of fighters in the area.

Such conversations indicated that despite losing commanders, the group continues to maintain operational cells and surveillance elements within the Pulka–Ngalta–Madagali corridor.
The continued presence of fighters in Ngalta village suggests that the insurgents may still retain limited operational capability along the Borno–Adamawa border axis. Such locations often function as temporary regrouping points or staging areas for movement between remote settlements.

The development therefore point to the need for sustained intelligence gathering, aerial surveillance and coordinated ground operations across the corridor.

Zagazola emphasise the importance of maintaining strong collaboration between military forces, local vigilante groups and community intelligence networks to detect insurgent movement.

The development comes amid ongoing operations by the Nigerian military to dismantle ISWAP strongholds across the Northeast and reinforce stability in affected communities.

ISWAP appoints Abu Ameer as new pulka commander after neutralization of Modu Kundiri

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Buni attends funeral prayers of Wali Shettima, elder brother, in Nauru

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Buni attends funeral prayers of Wali Shettima, elder brother, in Nauru

By: Yahaya Wakili

The Executive Governor of Yobe State, Hon. Mai Mala Buni CON, COMN, and other top government functionaries attended today the funeral prayers for Ba Wali Shettima, elder brother to Yobe State Secretary to the State Government, Alhaji Baba Mallam Wali mni, in Nguru town of Yobe State.

Ably represented by his deputy, Hon. Idi Barde Gubana (Wazirin Fune), the funeral prayers were led by the chief imam of Nguru Central Mosque, Shiek Ibrahim Shehu Ahmad.

The governor described the death of the renowned Islamic scholar Ba Wali as a huge loss not only to the Nguru community but to the whole Yobe state.

Gubana further extolled the virtues of the late Ba Wali as a committed and dedicated cleric, an epitome of peace and knowledge who contributed his own quota towards teaching and propagating Islam.

Late Ba Wali died at the University Teaching Hospital, Damaturu, on Tuesday after a protracted illness at the age of 80. He is survived by a wife, ten (10) children, and many grandchildren.

Special prayers were offered by Chief Imam Shiek Ibrahim Shehu Ahmad. May Aljanna Firdausi be the reward of his good deeds. Amin, suma Amin.

Buni attends funeral prayers of Wali Shettima, elder brother, in Nauru

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