Located at a juncture between Africa, the Middle East and Asia, Djibouti has easy access to international trade routes via the Gulf of Aden and the Red Sea, and borders fast-growing yet landlocked Ethiopia, making it an ideal continental hub. New ports, railway links and road improvement projects are enhancing economic efficiencies and providing a solid platform to bolster expansion in sectors.
Ghana’s newly rebased GDP presents a larger and more diverse economy, with greater appeal for lenders and investors.
To what extent have the recession and post-recession policies affected the Nigerian economy?
Kenya has followed an export-oriented trade policy since the mid-1980s, when it shifted from its previous strategy of import substitution. While the efforts of successive governments have met with some success, the trading data for 2017 makes for uncomfortable reading for planners at the Ministry of Industry, Trade and Cooperatives. According to the Kenya National Bureau of...
Recent decades have seen a downward trend in corporate taxation, with headline corporate tax rates falling by 20 percentage points since the early 1980s. The average for advanced economies dipped to 22% in 2015, and investment incentives have further reduced effective rates for transnational corporations. After the 2007-08 global financial crisis, many countries had to slash...
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