BusinessCountry Focus

Mon,31Aug2015

Country Focus

Young and jobless

Photos© Ton Koene/Zuma/ReaWhile macroeconomic statistics show that the economy continues to grow at a rapid pace, it is not translating into masses of new jobs for Kenyans. The country's middle class still only makes up a small percentage of the population, challenging investors' optimism over the 'Africa rising' narrative

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Retail: Foreign and local chains grab a piece of the Kenyan market

Photos©Simon Maina/AFPLocal firms are innovating and offering new products, but they are not all prepared for the competition from large retailers from the continent and beyond

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Cameroon's hopes on hold

altThe majority of Cameroon's population is under 18, and many of them feel that the deck is stacked against them.

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Cameroon's new wells, new gas and rising production

Victoria Oil & gas completed its pipelines to Bassa and logbaba power plants in March 2015. Photo©Victoria oil and GasPlans are afoot for a new oil refinery and a floating natural gas plant, but operators still worry about low oil prices and conflict in Cameroon's northern regions.

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Mauritius: Political coalitions and all that jazz

Ministers young and old strive for the excellence and innovation of Mauritius's science and music stars.

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Trade: Counting on Cameroon's new port, Kribi

Kribi’s future port could create 10,000 jobs. Photo©Abel Aimé Menoba for JAA new port in southern Cameroon is set to alleviate the chronic congestion and delays at the country's main port and to pave the way for new industrial projects.

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Finance: DRC's civil servants head to the banks

Pay-day queues at banks are a necessary evil of the drive to clean up civil servants’ pay. Photo©John Bompengo/Radio OkapiThe move to pay public sector workers via bank accounts has already saved the government $29m. But what's in it for the banks?

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