Increased investment in research and development (R&D), combined with targeting niche markets, are two cornerstones of a strategy being rolled out by Brunei Darussalam aimed at encouraging economic diversification.
Economy
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Long viewed as a bastion of stability in the Central African region, thanks in part to large hydrocarbon revenues that have helped it maintain one of the highest levels of per capita income in the region, Gabon has been able to leverage its diplomatic clout throughout sub-Saharan Africa.
Growth in Saudi Arabia appears to be gathering pace, with a rise in oil production and continued strong consumer demand likely to boost GDP in the second half of the year. While inflationary pressures could arise as a result, analysts expect any price increases to be moderate over 2013.
The government in Myanmar is ratcheting up its efforts to ready the country for a major influx of investors, as it continues making the transition to democracy.
Articles & Analysis | Facts for visitors: Useful information for business and leisure travellers from The Report: Ghana 2013
The people of Ghana are well known for their friendliness. In fact, according to a poll in Forbes, Ghana was voted the 11th friendliest nation on earth in 2011, and the reason why is evident as soon as you walk off of the plane. As the people are so warm and friendly, greetings should always be acknowledged.
Articles & Analysis | System upgrades: Initiatives are under way to address supply constraints and promote private investment from The Report: Ghana 2013
With the economy growing at record rates, the authorities are working to keep pace with rising demand for water, power and sanitation. Compared to many neighbouring countries, Ghana’s utilities are in healthy standing, though the sector has not been without problems. Over the past year power outages increased to the point that local industries cited...