What are the constraints in financing large infrastructure projects in emerging markets?
What are the constraints in financing large infrastructure projects in emerging markets?
For two years after the spate of frenzied construction in the run-up to the Africa Cup of Nations (Coupe d’Afrique des Nations, CAN), Gabon’s contractors and developers saw a comparative slowdown in activity, as focus shifted away from stadiums and tourism infrastructure to housing, roads and mixed-use developments. The construction sector – supported by the...
Gabon has concentrated funding on infrastructure in recent years, not only in advance of the Africa Cup of Nations, but also as part of the government’s broader push to diversify the economy through its primary development strategy, Emerging Gabon.
The construction sector – supported by the Infrastructure Master Plan, which includes 114 projects in education, housing and transport –...
With just 1.63m people, Gabon is the second-smallest member of the six-country Central African Economic and Monetary Community in terms of population, after Equatorial Guinea. However, the country’s well-developed hydrocarbons sector has made Gabon the second-largest economy in the sub-region.
The only monarchy in North Africa, Morocco has one of the more diversified GDP mixes in the region, and the mainstays of the economy include agriculture, tourism, and the textiles industry; higher-end manufacturing, IT and communications, and outsourcing are also all becoming increasingly important. The past few years have seen some significant changes, yet the kingdom has remained stable, even amidst the broader regional turmoil.
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