Growing at one of the fastest rates in Africa, Ghana’s insurance sector continues to do well despite the headwinds faced by the overall economy. Analysts and market participants are expecting years of solid performance as awareness, penetration and density increase and converge towards global averages. Companies in the sector are reporting strong profits and good premium growth, while interest...
Industry
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Situated on the Gulf of Guinea in West Africa, Ghana’s natural resource wealth and status as a stable democracy have helped make it a prominent player in the region. It is the world’s second-largest exporter of cocoa, behind Côte d’Ivoire, and one of the continent’s largest gold producers. Recently discovered reserves of oil and gas have powered the economy to double-digit growth in the past decade.
With an eye on the target of reaching $8.5bn worth of clothing exports per annum by 2020, Sri Lanka’s apparel manufacturers are backing a national bid to regain preferential trade concessions from the EU.
Aunque no es inmune a la baja en los precios internacionales de los metales, que ha provocado atrasos y postergaciones de proyectos mineros en todo el mundo, el gigantesco proyecto cuprífero Cobre Panamá está ganando un renovado impulso.
Vietnam could emerge as the single-biggest winner from the recently signed Trans-Pacific Partnership (TPP) trade agreement, according to ratings agency Fitch, with the potential for a significant increase in investment inflows and export opportunities.
Plans by a Chinese-led private investment group to pour $5bn into a new West Java industrial park signal that the Indonesian government’s efforts to attract additional foreign direct investment (FDI) may be yielding the desired results.