In mid-June the Central Bank of Nigeria (CBN) introduced a flexible interbank exchange rate market, effectively floating the naira in a major departure from historical policy.
Economy
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Economic update | Bahrain’s economy on the rebound
28 Aug 2016
A continued flow of investments in infrastructure looks set to maintain Bahrain’s upward trajectory in the second half of this year, with non-hydrocarbons sectors helping to drive the country’s fastest growth rate in two years.
Continued investment, particularly in retail and real estate, aims to drive footfall through a variety of new developments on Abu Dhabi’s Al Maryah Island.
Economic view | Ali Bongo Ondimba, President of Gabon, on economic reform and diversification
26 Aug 2016
What do you see as Gabon’s biggest achievements over the past seven years?
BONGO ONDIMBA: I look at our achievements in terms of how much progress Gabon has made overall. We have to ensure we do not simply improve in certain areas but that we improve in all areas.
Economic update | L’Algérie se dote d’un nouveau code des investissements afin de stimuler son économie
24 Aug 2016
Une révision des règles régissant les investissements est actuellement à l’œuvre en Algérie avec pour objectif de doper les secteurs hors hydrocarbures dans un climat de faible croissance économique et de prix de l’énergie en berne.
With low oil prices continuing to take their toll on the Kuwaiti economy, the government is hoping investment in the small and medium-sized enterprise (SME) sector begins to pay dividends.