TAG: Africa
“The bigger they are, the harder they fall” is an adage familiar to anyone who played sports in their youth – or at least those who looked worryingly at an opponent who had clearly gone through a growth spurt a few years early.
Oxford Business Group’s Africa research comes in several different forms, from business confidence surveys and face-to-face interviews, to monthly sector updates and annual country analyses.
The private sector in Algeria has certainly gained a foothold in the last two decades, despite it still facing limitations, such as those on imports, that affect its performance. But the results of OBG’s inaugural Business Barometer: Algeria CEO Survey show CEOs to be largely positive about the state of the economy: most
notably, over two-thirds of CEOs said they were likely or very likely to make a significant capital investment, which shows a level of comfort with the rules of the game – and hopefully is also a larger bet on diversification.