TAG: Africa
The fall in oil prices in 2014 shook markets around the world, but few have been hit as hard by the decline as Nigeria. However, after more than five quarters of contraction, the economy is now on the path to recovery. The first ever OBG Business Barometer: Nigeria CEO survey, which measured sentiment among more
than 100 chief executives and chairpersons during the course of 2017, highlights the high degree of confidence the country’s corporates have in the current rally, though there are still plenty of issues to tackle if Nigeria is to stoke growth to pre-2014 levels, or indeed higher.
Seven years after the revolution, Tunisia continues to work on consolidating economic growth, with activity in a variety of sectors suggesting it is making good progress with this. Oxford Business Group’s inaugural OBG Business Barometer: Tunisia CEO Survey shows that CEOs are relatively optimistic: 77% have either positive or very positive expectations of local business conditions in the next 12 months, and approximately half forecast GDP growth of 2-3% over the same period. However, respondents highlighted that Tunisia is most in need of leadership and research and development skills to make further headway.
Seven years after the revolution, Tunisia continues to work on consolidating economic growth, with recent activity in a variety of sectors suggesting the country is making good progress towards this goal.