With a long-established track record as the continent’s largest financial platform and one of the world’s biggest mining producers, South Africa has significant economic clout in the region.
Africa ICT
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Located in the westernmost region of North Africa, Morocco has an impressively diversified economy and in recent years has benefited from steady growth. The country has strong trade links with the EU and has a young population – with the median age of its roughly 32m people at 27.3 years – which in turn provides the country with a large supply of available and comparatively skilled labour.
Chapter | Telecoms & IT from The Report: Morocco 2013
As the government evaluates the initial results of the Maroc Numeric 2013 plan, improved access is pushing the sector to expand. Benefitting from steady economic growth as well as a countrywide strategy to increase information technology (IT) usage, Morocco’s IT sector has seen stable expansion. Governmental policy has been framed under the Maroc Numeric 2013 strategy, which has had an immense...
Chapter | Telecoms & IT from The Report: Algeria 2012
Since the liberalisation of the telecommunications sector in 2000, Algeria has become one of the highest teledensity markets on the continent. With a mobile penetration rate nearing 100% and a fixed-line segment at 8% and growing, the sector is on a steady rise with numerous growth opportunities. The mobile market accounts for most of the growth, with a turnover of AD222bn (€2.13bn) in 2010. The...
Oil and gas production continues to dominate the Algerian economy, accounting for almost all of exports, close to half of government revenue and over a third of GDP. In recent years non-hydrocarbons GDP has outstripped wider economic growth, though this is largely driven by public spending rather than private sector activity.
With the National Bureau of Statistics(NBS) recording a real GDP growth rate, on an aggregatebasis, of 7.13% in the first quarter of 2011, and a slightly lower 6.17% for the same quarter in 2012, Nigeria boasts the continent’s second-largest economy after South Africa. Africa’s largest oil producer, Nigeria is the third-largest recipient of foreign direct investment in the continent after Angola and Egypt, according to the US Diplomatic Mission.