In 2015 and the first half of 2016 mobile data moved to the front and centre of Nigeria’s telecoms sector. In recent years the country’s four established mobile operators – namely the local firm Globacom, the UAE’s Etisalat, South Africa’s MTN and India’s Airtel – have ramped up investment in the development of high-bandwidth mobile data...
The industrial sector of what is arguably Africa’s largest economy is a diversified group of producers and outputs, ranging from the large-scale cement plants of Dangote Group, the continent’s largest cement producer, to cottage industries such as plantain chips. With a wide range of accessible feedstock, from agricultural products to...
Over the course of 2015 and 2016 Nigeria’s ICT industry has developed rapidly on the back of state-led growth initiatives and also, increasingly, as a result of rising levels of private sector activity. According to estimates compiled by the Federal Ministry of Communications (FMC), in 2015 ICT-related activities accounted for nearly 11% of...
The global trend towards more open trade has in recent years faced a number of setbacks, ranging from stalled World Trade Organisation talks to rising protectionism and the UK’s vote to leave the EU. Nigeria is no exception, where a push to increase import substitution, which is intended to reverse a decline in foreign exchange and reduce the...
The popular “Africa Rising” narrative has largely been predicated on the emergence of a growing middle class on the continent, providing a steady rise in consumer demand to go with the increased export receipts and lower public debt burdens seen across Africa. But with oil prices falling since mid-2014, along with a rising US dollar and...
As both the largest market in Africa in terms of value and population, and a major rising player in ICT uptake and investment, Nigeria’s reputation as a centre for technology start-ups and innovation-driven development has progressed rapidly. One of the major drivers for this is the enormous domestic demand. In June 2016 the country was home...
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