MDS Insight | Economics & Development

MDS Economic Newsroom
Reporting Africa’s Economic Voice with Clarity and Impact

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MDS Economic Newsroom
Reporting Africa’s Economic Voice with Clarity and Impact

Advertise With Us

Welcome to MDS Economic Newsroom, where we report Africa’s economic story with clarity, purpose, and bold perspective powered by data, guided by facts, and grounded in the realities that matter most to our continent.
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Africa Economy
Rwanda’s Inflation Rate Drops to 5.8% in June
The National Institute of Statistics says food price stabilization and improved transport supply chains led to the drop.
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Stay up to date with the most recent stories shaping Africa’s economic landscape
Do not miss out!
Kagame Appoints New Prime Minister: What Dr Nsengiyumva’s Leadership Means for Rwanda’s Economy
July 24, 2025 · Economics
In a surprise cabinet reshuffle that has stirred national attention, President Paul Kagame has...
DRC and FC Barcelona Launch a €40 Million Partnership to Promote Tourism Powerhouse
July 21, 2025 · Economics
DRC Signs €40 Million Tourism Deal with FC Barcelona: A Game-Changer for Africa’s Heart The...
Total Population
1.48 billion people (2024 estimate)
Africa is the second most populous continent, home to nearly 18% of the world’s population.
Total Surface Area
30.37 million square kilometers. Africa is the second-largest continent by land size, covering about 20.4% of the Earth's total land area.
Land Area
29.2 million km² is land
Land makes up about 96% of Africa’s surface, with vast deserts, forests, mountains, and arable regions.
Water Area
1.1 million km² (approx.)
Water covers about 4% of Africa’s total area, which includes major rivers (Nile, Congo), lakes (Victoria, Tanganyika), and coastlines.
Total Wealth
Funding raised USD 6.1 trillion (2022, Credit Suisse). Africa holds about 1.1% of global wealth, with large growth potential in natural resources, human capital, and digital markets.
Countries
54 recognized sovereign countries. Africa is the most politically diverse continent, with each country having unique languages, cultures, economies, and systems.
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Welcome to MDS Economic Newsroom, where we report Africa’s economic story with clarity, purpose, and bold perspective powered by data, guided by facts, and grounded in the realities that matter most to our continent.

Africa Economy

Stay up to date with the most recent stories shaping Africa’s economic landscape

Do not miss out!

Total Population

1.48 billion people (2024 estimate)Africa is the second most populous continent, home to nearly 18% of the world’s population.

Total Surface Area

30.37 million square kilometers. Africa is the second-largest continent by land size, covering about 20.4% of the Earth's total land area.

Land Area

29.2 million km² is landLand makes up about 96% of Africa’s surface, with vast deserts, forests, mountains, and arable regions.

Water Area

1.1 million km² (approx.)Water covers about 4% of Africa’s total area, which includes major rivers (Nile, Congo), lakes (Victoria, Tanganyika), and coastlines.

Total Wealth

Funding raised USD 6.1 trillion (2022, Credit Suisse). Africa holds about 1.1% of global wealth, with large growth potential in natural resources, human capital, and digital markets.

Countries

54 recognized sovereign countries. Africa is the most politically diverse continent, with each country having unique languages, cultures, economies, and systems.

Subscribe to our newsletter

Sign up with your email address to receive news and updates

1.48 billion people (2024 estimate)
Africa is the second most populous continent, home to nearly 18% of the world’s population.

29.2 million km² is land
Land makes up about 96% of Africa’s surface, with vast deserts, forests, mountains, and arable regions.

1.1 million km² (approx.)
Water covers about 4% of Africa’s total area, which includes major rivers (Nile, Congo), lakes (Victoria, Tanganyika), and coastlines.