Long seen as a market with untapped potential, Algeria’s pharmaceuticals sector is poised to benefit from a series of investments to expand local production capacity. “The recent slate of partnerships between domestic and foreign pharmaceuticals players is a testament to the industry’s positive outlook,” Cherif Benguerba, the country manager for...
As manufacturers scour the globe for new growth opportunities, few markets offer greater long-term potential than Nigeria, which boasts an enormous domestic population, plentiful feedstock and limited market penetration. Current business conditions, however, including sky-high operating costs and cheap unregulated imports, make it difficult for...
The government is leveraging packages of fiscal incentives and one of the world’s fastest-growing mobile phone markets, to entice international mobile phone producers to assemble products locally. As a result of these policies several handset firms, including Africa-focused Mi-Fone and China’s Tecno, have already announced intentions to set up local...
As the economy grows, sales of buses, trucks and cars are rising in Nigeria. Automakers are capitalising on the vehicle boom and setting up dealerships across the country, while some firms are taking a stab at local assembly. However, ensuring that the vehicles – whether imported formally or locally produced – can compete with cars sold on the grey...
A booming population offers huge potential for manufacturers of consumer goods, particularly as Nigeria’s nascent middle class further establishes its foothold, but persistent poverty and unemployment mean that price sensitivity is still a major issue. As a result, segments geared toward the lower end of the market offer more predictable returns,...
After several years of strong growth in demand, the economic slowdown and investment uncertainty associated with the 2011 revolution and its aftermath have dampened steel consumption in Egypt, leaving potential supply above demand. This gap partly explains the government’s decision to impose import tariffs, the rationale being that Egypt should not...
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