• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Kenya has inaugurated a new multibillion-dollar railway, with the long-awaited project just one of several that the government has been aggressively developing under its Vision 2030 economic blueprint.

A new draft budget released in Tanzania last month emphasises capital projects as a means to further boost industrial activity in what is already one of Africa’s fastest-growing economies.

Egypt’s long-awaited investment law is set to be implemented in the coming months, potentially catalysing further growth in recovering foreign direct investment (FDI).

Au début du mois, la Communauté économique des Etats de l’Afrique de l’Ouest (CEDEAO) a donné son accord de principe à la demande d’adhésion du Maroc, qui pourrait permettre au royaume de renforcer ses liens commerciaux en Afrique de l’Ouest, grâce à des relations étroites avec l’Union européenne (UE) et à une base industrielle croissante.

The recent decision by the EU to reinstate Sri Lanka to its tariff exemption scheme, designed to assist developing countries in achieving upper-middle-income status, should serve to boost exports and generate renewed private sector investment.

 

LANGUAGE: Spanish is the official language, although more than 60 indigenous and Creole languages are spoken in various regions. English is also an official language in San Andrés, Providencia and the Santa Catalina islands off the northern coast. Business executives and senior government officials...

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