Africa Economy

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Chapter | Country Profile from The Report: Nigeria 2017

Nigeria is the 14th-largest country in Africa, and with a population of 189m people and home to more than 250 ethnic groups, the country is rightly famed for its cultural diversity. A successful presidential election in 1999 ushered in a period of relative stability, with nearly 18 years of democratic polls. This greatly improved political situation has brought economic dividends, particularly...

With Africa’s largest economy and its biggest population, Nigeria is the continent’s heavyweight. The country has been blessed with resource-rich lands, areas of great agricultural fertility and favourable demographics, but it has also had its fair share of challenges.

Egypt is continuing its programme of fiscal consolidation, exchange rate liberalisation and pro-investment reform, with the country expected to receive another multibillion-dollar tranche of funds from creditors following a year-end review.

Nigeria is moving forward with strategies to improve the business and investment environment in the country following the launch of a new package of reforms designed to support small businesses and clear hurdles to growth.

What have been the biggest challenges to rolling out international cables across Africa?

What are the main funding issues facing property developers and buyers? 

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