BusinessCountry Focus

Tue,03May2016

Country Focus

Agribusiness: Flour sector tests investor appetite

A bag of flour costs 21% more than it did a year ago. Photo©Akintunde Akinleye/ReutersForeign firms are attracted by Nigeria's sizeable middle classes, but companies in the flour sector are having a hard time of it as the competition heats up.

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Bayelsa – Nigeria's bellwether state

After a violent, disrupted election Dickson prevailed. Photo©Gov Dickson official blogThe January victory for the PDP shows that the former ruling party can still be a potent force.

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Pharmaceuticals: Pills for the Ethiopian populace

Pharmaceutical manufacturing in Ethiopia has the potential to provide hundreds more with jobs. Photo©Xinhua/Zuma/REAThe medical manufacturing industry, which still only accounts for about 15% of the local market, is the focus of a government drive for investment.

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Investments: When Ethiopian giants dance

Highway 1, linking Djibouti port to Addis, will soon be joined by a Chinese-built railway. Photo©Vincent Fournier for JAEthiopia's in the driving seat, as investors from East and West seize on opportunities in sectors ranging from construction to brewing. Though they are global competitors, China, the US and Europe can complement each other here, say the ingenious functionaries in the state investment commission.

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Kenya's 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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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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