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Africa Economy
Algeria is a key producer of hydrocarbons in Africa, ranking first in gas output and among the top three for oil. It depends on the sector for the majority of government revenue and nearly all exports. Despite reforms to encourage private sector development, promote diversification and attract FDI, the state plays a preponderant role, meaning that changes to government expenditure and investment continue to have a large impact on economic performance.
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In what ways can the banking sector in Côte d'Ivoire support the government's efforts to achieve the growth targets set by the National Development Plan 2021-25?
Macroeconomic forces such as inflation, geopolitical tension punctuated by Russia’s invasion of Ukraine and spikes in commodity prices heightened supply chain disruptions in 2022, which included capacity constraints, higher freight costs, labour shortages and port slowdowns.
Economic update | Africa: Year in Review 2022
20 Dec 2022
Although economies in Africa faced uncertainty in 2022 as economic and global shocks weighed on post-Covid-19 pandemic recovery, intraregional trade and climate finance initiatives are helping to chart a course towards more sustainable development.
Key reforms are lowering barriers to foreign direct investment (FDI) and improving the ease of doing business in Côte d’Ivoire as the country looks to rebound from the Covid-19 pandemic.
Economic update | Can the informal economy bolster economic resilience in emerging markets?
3 Nov 2022
Long viewed as a barrier to market development and fiscal sustainability, a dynamic informal economy is increasingly being recognised as an important source of resilience and a target for financial technology (fintech) services.
Economic update | Focus Report: Misurata Free Zone positions itself as a gateway to Africa
20 Sep 2022
As a free zone operating outside of Libyan domestic trade legislation, Misurata Free Zone (MFZ) is seeking to leverage its competitive advantages – including complete exemption from national commercial registration obligations and 100% foreign ownership of MFZ-based companies – to establish itself as a gateway to Africa.