Africa Economy

Displaying 1807 - 1812 of 1991

Articles & Analysis | A welcome facelift: Revamped centres and development of cultural spaces in the capital from The Report: Morocco 2013

The region’s capital city is under renovation with new roads and low-income housing being built. Located just 15 km from the country’s border with Algeria, and home to about 500,000 inhabitants, the city of Oujda has historically been a trading conduit between Morocco and its eastern neighbour, and serves as the capital of the Oriental region....

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Chapter | Oriental from The Report: Morocco 2013

After a decade of investment, Morocco’s Oriental region is ready to build a strong reputation in the Mediterranean. For years, the Oriental, as the Eastern Region is known, suffered from insufficient transport connections to the rest of the country and a lack of the infrastructure necessary for supporting the development of its family-owned businesses and strategic industries. However, an...
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Economic update | South Africa: Battling unemployment

15 Apr 2013
The local economy is struggling to overcome twin hurdles – an inflated unemployment rate that siphons off state funding for social services and a lack of skilled workers to fill the many positions that are currently vacant.
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Economic update | Ghana: Spending up and maybe debt as well

12 Apr 2013
Ghana’s economy is expected to see robust growth this year, at around 8.5%, but so too will public spending. The 20% increase in government expenditures should help sustain social services and infrastructure investment, and underwrite activity in the energy, agriculture and construction sectors. However, there are concerns the country may not be pursuing fiscal consolidation aggressively enough, and 2013 will see a wide deficit and rising debt.
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Economic update | Egypt: Currency woes

14 Mar 2013
Still in a difficult transition period following its revolution, Egypt’s politics are in a state of flux. One of the most persistent challenges over the past two years has been maintaining currency stability, and the intricately linked issue of the depleting foreign currency reserves. The Central Bank of Egypt’s (CBE’s) interventions have helped manage the Egyptian pound’s decline during that time but have also put pressure on foreign exchange reserves. However, emergency measures cannot be a long-term substitute for attracting more investment.
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Articles & Analysis | Young and restless: The government aims to target a persistently high unemployment rate from The Report: Morocco 2013

Official statistics place unemployment in Morocco at 9.1%. However, these measures do not take into account seasonal workers, those who have given up looking for work or the informal working economy, making it difficult to accurately gauge the employment situation. Nevertheless, seven out of every 10 households in Morocco say finding work is a...

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