Nigeria has a varied industrial sector, and although the pandemic disrupted international supply chains and local operations, the performance of some industrial segments in Nigeria bucked the trend. Major projects continue to push ahead, such as Nigeria’s first privately owned oil refinery and new cement plants, while government plans to add greater value to agricultural output kicked off with...
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With a population of over 200m, Nigeria is a large and diversified economy, despite the government’s reliance on oil and gas revenue. While the Covid-19 pandemic and subsequent oil price crash caused a contraction in economic growth in 2020, it also led to rapid digitalisation across commerce, education and communication. This shift is expected to put Nigeria in a favourable position for recovery in the medium term.
Economic update | Report: Can heavy industry support Saudi Arabia’s sustainability ambitions?
26 Nov 2021
COP26 has focused the world’s attention on the need for a more sustainable economic model that ensures profits and growth are not achieved at the expense of ecological health and social well-being.
Economic update | How will West Africa benefit from a shift in textile industry supply chains?
2 Nov 2021
Amid attempts to increase textile production in West Africa and capitalise on the added value that comes from cotton processing, efforts are being made to reform supply chains both regionally and globally.
Articles & Analysis | How transition bonds can fund companies’ sustainable activities from The Report: Sharjah 2021
As companies look to shift towards more environmentally sustainable operation, those in fossil fuel or heavy-polluting sectors are increasingly turning to transition bonds – a relatively new class of debt instrument used to fund a company’s transition towards reduced environmental impact or lower carbon emissions. They are often issued in large carbon-emitting industries that...
Articles & Analysis | How pandemic-related supply chain constraints changed industrial operations from The Report: Sharjah 2021
With travel restrictions, closed factories and social-distancing measures in place for much of the year, 2020 was particularly challenging for industrial companies around the world. However, despite such constraints, many countries were able to successfully repurpose production to meet needs associated with the Covid-19 pandemic, while others look set to...