Souhir Mzali: ALL BLOG POSTS
After more than a decade of political turmoil, Côte d’Ivoire has emerged as one of the world’s best-performing economies, boasting average annual GDP growth of 9.3% between 2011 and 2016, driven primarily by strong investment in sectors such as construction, energy and ICT.
Having emerged as one of the world’s best-performing economies after a decade of political turmoil, Côte d’Ivoire is continuing its efforts to propel the economy forward, with a focus on enhancing industrialisation. Of the 139 C-suite executives that participated in Oxford Business Group’s inaugural Business Barometer:
Côte d’Ivoire CEO Survey, 58% consider the measures put in place to drive industrialisation as either positive or very positive. However, while 84% of respondents are positive or very positive about local business conditions, access to credit could be improved, with 68% classifying it as difficult or very difficult.
The year 2017 was a challenging one for Kenya’s economy, which reported a GDP growth rate of 4.9% – its lowest since 2013 – according to the Kenya National Bureau of Statistics. Dropping from 5.9% in 2016, the slowdown of GDP growth can be attributed to a number of factors, including protracted elections, severe droughts, as well as a deterioration of credit growth in the private sector.