Although Morocco is set to see weaker GDP growth in 2016, due in large part to a poor agricultural harvest following low rainfall, a series of financial reforms and initiatives, and strong foreign investment, have positioned the country well for future gains. The kingdom has had success in its recent efforts to build up export-oriented manufacturing projects, which should take over from more...
Africa Economy
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Chapter | Country Profile from The Report: Morocco 2016
At the north-west corner of Africa, just 15 km from Europe across the Strait of Gibraltar, Morocco has a strategically important location and for centuries has been a blend of cultures. It is North Africa’s only monarchy and has one of the region’s most stable and most inclusive political systems. The country’s long tradition as an international trading centre continues, with a relatively open...
Morocco benefits from its well-developed manufacturing sector, mining industry, agricultural output, proximity to Europe, sizeable diaspora community, low labour costs and market-oriented public policy.
Articles & Analysis | Nigeria focuses on developing its international relations from The Report: Nigeria 2016
President Muhammadu Buhari has embarked on an active foreign policy during his first year in office. Nigeria’s new head of state has had a busy overseas itinerary, adopting an aggressive diplomatic agenda in pursuit of key policy aims laid out in his 2015 election campaign. The policy has reaped some rewards for Abuja’s security and economic...
Articles & Analysis | ECOWAS bloc promotes economic development from The Report: Nigeria 2016
Founded by the Treaty of Lagos in 1975, ECOWAS has served as a force for regional integration in areas ranging from education to security to monetary policy. The organisation is comprised of fifteen neighbouring countries including Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, The Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger,...
Articles & Analysis | Nigeria has great economic potential and abundant resources from The Report: Nigeria 2016
The most populous country and arguably the largest economy on the continent, Nigeria is widely regarded as an African powerhouse. With abundant natural resources and a young, dynamic population, the country has long played an important role on the continent and it has the potential to be a wider global player in the coming decades.