As one of the fastest-growing economies in the world, according to the Federal Ministry of Finance (FMF), Nigeria is certainly appealing to foreign investors. Growth has averaged 6.7% since 2006 and has been relatively uninterrupted by the global financial crisis. An emerging middle class is beginning to fuel growth in domestic consumption. Income per capita has increased almost four-fold since...
Africa Economy
Displaying 1873 - 1878 of 1991
Chapter | Country Profile from The Report: Nigeria 2012
Nigeria is the 14th-largest African country and possesses a rich and varied landscape, biodiversity and climate. While it is known for its oil and natural gas, Nigeria also has substantial reserves of coal, iron ore, zinc, tin, limestone, lead and niobium. The capital, Abuja, is located in the geographic centre and has a registered population of an estimated 1.6m. Nigeria has a varied assortment...
Interviews & Viewpoints | OBG talks to Magloire Ngambia, Minister of Investment Promotion, Public Works, Transport, Housing and Tourism from The Report: Gabon 2012
In which non-traditional sectors do you see the greatest potential for increased capital flows?
Articles & Analysis | SEZ who?: Special economic zones are being used to attract foreign firms from The Report: Gabon 2012
The special economic zones (SEZs) of Guangdong are often referred to as the birthplace of the Chinese economic miracle. These export-oriented havens for foreign investment attracted multinational companies to the country with substantial provision of inexpensive labour and tax holidays. They also created jobs and, through the transfer of technology...
Articles & Analysis | From the ground up: The project pipeline targets a range of key sectors from The Report: Gabon 2012
Despite its relatively high GDP per capita, Gabon’s dispersed rural population, difficult terrain and institutional incapacity have all contributed to a glaring infrastructure deficit. Over the past two years, however, the government has poured massive public investment into infrastructure. The results have been encouraging, as evidenced by the...