BusinessCountry Focus

Wed,23Jul2014

Country Focus

Rwanda's bet: Middle-income or bust

Constructing the future means a shift from exporting raw materials into services. Photo©Vincent Fournier for TARRwanda's two decades of recovery have been remarkable. Now it faces an uphill struggle to sustain economic growth in order to graduate into middle-income status. A liberalised financial sector has begun the country's transformation but much will depend on the growth of its service sector.

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Ethiopia's Farms and finance

Ethiopia has yet to produce private sector champions. Photo©Ami Vitale/PANOS-REAThe government has a mission to use a strong state to build infrastructure and develop the industrial and agricultural sectors. It argues that it could repeat the rapid growth of East Asia in the 1990s, but critics warn about intimidation of the opposition and the risks of crony capitalism.

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Agriculture: Gathering data and offering choice in Ethiopia

Some agricultural practices have not changed since Biblical times. Photo©Michael Poliza/National Geographic/GettySpearheading the government's interventions in the farming sector, the Agricultural Transformation Agency has already vastly improved yields for wheat and teff.

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Ghana seeks home-grown solutions

For two decades, imports of foodstuffs that Ghana produces locally have risen inexorably. Photo©Ulrich Doering/Alamy/Photo 12Business leaders insist that the government must use the current economic woes as an opportunity to revive local industries. Companies want new policies to benefit manufacturers, but public resources are limited, especially given the twin budget and current account deficits.

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Nigeria's big question: Divide or conquer?

Children celebrate Nigeria’s independence, though the legacy still hangs heavy. Photo©PIUS UTOMI EKPEI/AFPIn the century since unity Nigeria has experimented with federalism in myriad forms. Today, as President Jonathan plans a national conference in the face of growing criticism, he fields demands ranging from restructuring and the division of states to autonomous control.

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Rwanda's politicians and business brains step up to the challenge

A new slate of leaders in the public and private sectors are seeking to prove their independence, improve credibility and attract investment.

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Angola's financial institutions grow, but profits face pressure

Banco Nacional de Angola has taken measures to reduce dependence on the US dollar. Photo©ISSOUF SANOGO/AFPNew oil legislation will give Angola's currency and banks a boost, but for some, non-performing loans are spreading at an alarming rate.

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