Executive Chairman of AB and David Law Firm, David Ofosu-Dorte has made some global projections for 2023.
These global patterns, which range from geopolitics to economics to technology, are planned to assist with define emerging government activities.
On the Point of View on Citi television on the point, 'investigating the crystal ball', Mr. Ofosu-Dorte made the accompanying expectations during the current year:
1. The IMF's point of 2.7 percent average growth will be outperformed globally. It will improve, increment, and surpass three percent.
2. The US dollar won't decline or sink any further. Its demand as a reserve currency has peaked and ascended to its highest level.
3. China to be more involved with the new cold and economic "war".
4. Europe will have powerless growth and recession.
5. Xi Jinping, President of China, will get a third nod.
6. The Middle East will go through the emergency of another Wall Street, with the Egyptian Pound maybe turning into Africa's first convertible currency.
7. Expect more African infrastructure deals. Such investment will be financed by the EU and other donors. Accra, Ghana will be named the new UNESCO book capital, There'll be an increase in the tourism in Africa. Think about an overthrow. In case of one more overthrow in Africa, the Wagner group will be implicated.
8. With a average growth rate of more than 5.5 percent, the main 10 economies in Africa will be Niger, the Democratic Republic of the Congo, Côte d'Ivoire, Benin, Senegal, South Sudan, Rwanda, Togo, Uganda, and the Gambia.
9. Nigeria Election: More like Bola Ahmed Tinubu, second round is plausible and could totally change what is happening. The trump card is still Peter Obi.
10. General and special cases: Al news will be widely available given ChatGPT. Microsoft Bing could challenge Google. Tesla will face serious risk. China is most likely going to acquaint an opponent with ChatGPT.
SOURCE: CITI NEWS.