SEED Africa

25/07/2025

“The true measure of any society can be found in how it treats its most vulnerable members.” – Mahatma Gandhi

20/07/2025

*2025 Economic Outlook and Implications for Nigeria's Economy*

I've just finished reviewing the African Development Bank Group's 15-page economy outlook report. Prof. Kevin Chika Ukama highlighted key trends in Africa's economy. Specifically, the bank noted 3 key points relevant to this discussion:

1. GDP Growth & Projections: Africa's real GDP grew from 3.0% (2023) to 3.3% (2024), driven by government spending and private consumption. Projections for 2025 (3.9%) and 2026 (4.0%) were adjusted downward due to geopolitical fragmentation, reduced concessional financing, global uncertainty, and trade tariffs.

2. High-Growth Economies: Five African countries (Benin, Cabo Verde, Ethiopia, Niger, Rwanda) grew over 7% in 2024.
- *Inflation Trends*: Inflation averaged 18.7% (2024), projected to decline to 13.8% (2025) and 9.9% (2026).

3. Inflation Trends: Inflation averaged 18.7% (2024), projected to decline to 13.8% (2025) and 9.9% (2026).

Now let's discuss the implications of this projection on Nigeria's economy:

®Growth: Nigeria's economic growth projected 3.8% in 2025, considered fragile due to structural challenges like oil reliance, inflation, and exchange rate volatility.

®Inflation and Living Costs: Inflation declines but food inflation stays high (~40%).

®Foreign Investment and Currency*: FDI fell 44%, naira weakened against dollar.
- *Debt and Fiscal Challenges*: Public debt ₦134.30 trillion (US$91.35 billion).

However, despite these challenges there are ongoing opportunities and reforms aiming to align Nigeria's economy with others:

*Diversification: Nigeria aims to diversify beyond oil into agriculture and transportation.

*Reforms Under President Tinubu: Ended fuel subsidies, liberalized naira and just signed the tax reform bill into law.

Silas Gunde is a member of the Financial Reporting Council of Nigeria

19/07/2025

IMF Urges African Countries to Prioritize Growth Over Debt Restructuring - https://mailchi.mp/africa.com/top-10-business-stories-from-africa-today-9004037

17/07/2025

At SEED Africa, teamwork is not just a value, it is our way of life.

Every goal we reach is powered by unity, trust, and shared purpose.

We can plant the seeds of real change together. 🌱

15/07/2025

“Development is only sustainable when communities are part of the story.”

09/07/2025

Maryam and Ahmed's journey, as seen on SEED Africa and Agelgil Eco-Packaging
They are looking forward to your good wishes.

08/07/2025

We're delighted to be featured on Africa.com, a leading media organization in Africa, headquartered in South Africa!

It's an honour to have our projects showcased on their platform and grateful for the opportunity to share our work with a wider audience.

Follow the link to learn more about our activities and what drives us: https://africa.com/seedtime-economic-empowerment-development-initiative-africa-seed-africa-empowering-social-entrepreneurs-to-transform-the-continent/

Thank you for your support and partnership!

07/07/2025

We’re proud to announce that two of the scholarship recipients Maryam Salisu and Ahmed Umar resumed school today.

With the generous support of SEED Africa NIGERIA in partnership with Agelgil Eco-Packaging ETHIOPIA, these children were not only enrolled but fully equipped for their journey back to the classroom.

They each received:
Brand new school uniforms/sandals and socks
Quality school bags
Essential writing materials and
Fully paid fees.

We believe education is a right, not a privilege. And today, we celebrate this small but powerful victory of learning, growth and possibilities.

But this is not just an enrollment; it's a powerful reminder that when we act, change happens.

To Maryam Salisu and Ahmed Umar, watching you walk into your classrooms today with not just school bags on your backs but hope in your eyes was truly beautiful and we’re rooting for all of you at every step of the way.

Thank you to everyone who continues to support our mission of creating access to quality education for every child, everywhere

05/07/2025

SEED Africa and Agelgil Eco-Packaging in a virtual meeting today. The future looks green😊

01/07/2025

Meet Mrs. Anna Innocent, a widow and mother of two who lost her husband six months ago. During his prolonged illness, Mrs. Innocent struggled to make ends meet, and it was during this difficult time that SEED Africa learned about her predicament. We offered medical support for her ailing husband, but sadly, it wasn't possible to save him.

After exhausting her savings on his care, Mrs. Innocent's financial situation became dire, affecting her son Shedrach's education; notably, Shedrach had been out of school for over a year, even before his father's passing.

As a highlight of the just concluded stakeholder webinar on tackling school dropouts, hosted by SEED Africa in partnership with Agelgil Eco-Packaging, we are pleased to award Shedrach a full scholarship to resume his studies.

01/07/2025

Happy Independence Day, Rwanda!

30/06/2025

The greatest threat to our planet is the belief that someone else will save it." - Robert Swan

29/06/2025

We are stronger when we work together, when we support each other and when we stand as one.