Kenya is one of the economic and political heavyweights of East Africa. Despite recent security issues, it is recording strong economic growth and maintaining its leading position in the region. Recent discoveries of new oil, gas and water reserves and a young population give further cause for optimism, and the government is working to put the right policies into place to maximise the country’s potential.
In an attempt to offset declining revenues from hydrocarbons, recent years have seen authorities take key steps towards realising Algeria’s mining potential by enacting a new mining law and developing large-scale projects in the areas of phosphates, iron ore, base metals and gold. Up until recently, the contribution of mining to the economy...
In response to the drop in oil revenues in June 2014, Algeria’s government has stepped up the pace of economic reforms that have been rolled out over the past two years in order to encourage the development of new industrial avenues, with a clear goal of reaching 7% growth in non-hydrocarbons by 2019. As such, Algeria’s Finance Law 2016 – in...
Given the Algerian economy’s reliance on the oil and gas sector, manufacturing industries have historically taken a secondary role in the country’s economic development policies. However, since the early 2000s, industry has been the recipient of renewed interest from authorities, who have been looking to counteract rising demand for imports...
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