EconoRise

Nominal interest rate is the interest rate charged on any savings, investment, loan, or bond. Nominal interest rate does not include inflation.

For Example:

If you deposit k5,000 in the bank at a 5 percent nominal interest rate, you will receive k250 every year.

Nominal interest rate = 5000 × 5%= k250.

Diseconomies of scale refers to the total average cost increases when output increases of a production.

For example....
Suppose that you have a factory and when you produce 100 unit of a product ,
your total cost is $ 5000 .But when your production increases from 100 to 200 units , your total cost also increases $ 5000 to $10000

a) 15 SADC nations spend $2.6 Billion on fuel from UAE, Asia per month. Angola, could if refined, supply entire region

b) Indian Middle men who supply fuel to many SADC nations have convinced us that Angola oil is dirty for our cars. Asking us to buy the fuel they supply.

Collectively, none of the 15 SADC countries buys fuel from Angola !!

If I had the chance to converse with one person for an hour, I would choose Dr. Dambisa Moyo, a Zambian economist and global thought leader on macroeconomics and development. As someone who grew up in the same country and is studying Economics, I deeply admire her journey from Zambia to becoming a respected voice on the world stage.

I would love to ask her about the challenges she faced navigating global spaces as an African economist, and how she balances academic rigor with practical solutions for development. Her work on rethinking aid, promoting investment, and advocating for structural economic reform aligns closely with my own passion for empowering youth and transforming African economies.

A conversation with her would not only give me valuable insights into my field, but also serve as a powerful reminder that it’s possible to rise from humble beginnings and influence global discourse—something I aspire to do through EconoRise and my future career.Dambisa Moyo

Africa's Fastest Growing Economies (2025)

1. South Sudan 🇸🇸 (27.2%)

2. Libya 🇱🇾 (13.7%)

3. Senegal 🇸🇳 (9.3%)

4. Sudan 🇸🇩 (8.3%)

5. Uganda 🇺🇬 (7.5%)

6. Niger 🇳🇪 (7.3%)

7. Zambia 🇿🇲 (6.6%)

8. Benin 🇧🇯 (6.5%)

Ethiopia 🇪🇹 (6.5%)

Rwanda 🇷🇼 (6.5%)

Money serves as a medium of exchange, facilitating the trade of valuable products and services. When central banks print money, they don't distribute it freely. Instead, they exchange it for assets, such as Treasury bills or bonds. This principle ensures that newly created money is backed by value, adhering to the economic rule that money should only be created when it can generate value. The economic rule of money is that you only touch it when you create value.

of Zambia

EconoRise is an initiative focused on economic empowerment, education, and research. It aims to help individuals and businesses better understand economic systems, analyze financial trends, and develop innovative solutions to economic challenges.

The founder of EconoRise is Ack Kabamba, a second-year Economics student at Kwame Nkrumah University. His vision for EconoRise is to bridge the gap between economic knowledge and real-world applications, empowering people through education and research-driven insights.