Despite the challenges inherent in retailing in Nigeria, the quick-service restaurants (QSR) segment has been growing rapidly. Like many areas of the economy, its long-term potential stands out in a global context because of Nigeria’s sizeable population, currently standing at around 170m. But while investors in most consumer-facing industries are expecting smaller...
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Articles & Analysis | Fast food restaurants in Nigeria from The Report: Nigeria 2015
Formal retailing is just getting started in Nigeria, and currently accounts for roughly 5% of the market. There are a host of obstacles to growth, starting with the difficulty of acquiring land on which to establish a mall, store or restaurant. Sourcing goods locally is difficult, while clearing imports is expensive and time consuming. Transporting goods to stores, finding staff and winning...
While international brand penetration is increasing, Saudi Arabia’s vast potential for retail has yet to be fully realised. A combination of favourable demographics, rising incomes, and strong consumer confidence and appetite make the country one of the most promising growth markets for retail globally. Although the local industry has a challenging operating environment and unique social dynamics...
Articles & Analysis | Strong baseline indicators support growth in Qatar's retail market from The Report: Qatar 2015
With strong foundations in a thriving economy, a young population and a maturing consumer base, Qatar’s retail sector looks set to maintain robust growth as the country continues to develop into a major regional centre for trade and commerce. Qatar is among the world’s wealthiest countries on a per capita basis, with GDP per capita estimated...
Articles & Analysis | Qatar's dominant fertiliser company adapts to a changing market from The Report: Qatar 2015
Located at the heart of a region that has seen double-digit growth in fertiliser production capacity in recent years, Qatar is now one of the international leaders in exports of these products, which remain vital to global food security. According to the figures from the Gulf Petrochemicals and Chemicals Association (GPCA), the GCC accounted...
Interviews & Viewpoints | Khalid Al Subaey, Managing Director, Mesaieed Petrochemical Holding Company (MPHC): Interview from The Report: Qatar 2015
How do you rate the overall success of MPHC’s initial public offering (IPO), and what was the rationale for listing these three companies together?