Africa Economy

As the sole success story of the Arab Spring, Tunisia has emerged as an emblematic model of democratic transition in what can be an unstable region, which has further burnished the country’s diplomatic influence.

Home of the ancient city of Carthage, present-day Tunisia has a long and distinguished history. Its location at the centre of North Africa, close to vital shipping routes in the Mediterranean, ensured it became a hub for control over the region for successive ruling elites, including the Berbers, Phoenicians, Romans, and Arab and Ottoman...

While the MENA start-up scene remains small, Tunisia is emerging as one of the region’s key centres for entrepreneurship, as underscored by the rapid growth in recent years in the number of incubators and accelerators operating in the country. Developing the domestic start-up scene, and entrepreneurship more generally, has the potential to...

The market for government debt is changing across Africa, and in ways that pose risks for local banks as well as for their investors and customers. States are looking to their banks to help bridge funding gaps so they can better ride out the cycle of lower commodity prices and tepid global growth. That means it is harder to raise international...

Several changes are under way in Kenya’s tax landscape for 2017. The Kenya Revenue Authority (KRA) is in the midst of implementing long-term and multi-pronged strategies to collect more revenue, and politicians are continuing to tweak the legal environment to serve the same goals. County-level politicians have joined the discussion as well in...

Even amidst a broader downturn in many African markets, Kenya has consistently been one of sub-Saharan Africa’s most reliable performers. It was the sub-Saharan Africa’s fifth-largest economy in 2015 behind Nigeria, South Africa, Angola and Sudan, ranked 11th in inward foreign direct investment and is one of the few countries in Africa that is...