Since the end of its three-decade long civil conflict in 2002, Angola has registered strong growth fueled by crude oil exports, allowing high public spending and driving the emergence of the country’s consumer class. Since the oil price decline—and quick rebound—of…
Senegal: The land of hospitality extends welcome to businesses
An FSG On The Ground Insight: Alexa Lion, Sub-Saharan Africa analyst at Frontier Strategy Group is currently on a research trip to Cameroon, Côte d’Ivoire, and Senegal. Here are her latest insights. Small and stable I write as the voice of…
Côte d’Ivoire: Open for business
An FSG On The Ground Insight: Alexa Lion, Sub-Saharan Africa analyst at Frontier Strategy Group is currently on a research trip to Cameroon, Côte d’Ivoire, and Senegal. Here are her latest insights. Akwaba! Meaning “welcome” in Côte d’Ivoire, the word appears…
Cameroon: Large potential hindered by government meddling
An FSG On The Ground Insight: Cameroon benefits from a peaceful environment and diverse culture, but the country’s business potential is vastly undermined by complacency and poor government policies, finds Alexa Lion, our Sub-Saharan Africa analyst, currently on a research trip…
Opportunity amid volatility for corporations in South Africa
The year was 2011. Business confidence in South Africa was high, consumers were positive, and foreign investment was streaming in steadily. Real GDP grew at an average of 4.0% YOY. South Africa was a hotspot for emerging markets investment and…
Côte d’Ivoire: The Renaissance of Francophone West Africa’s Hub
Côte d’Ivoire is Francophone West Africa’s largest economy. Côte d’Ivoire is once again open for business. After a brief civil war in 2010-2011 that all but halted the economy, the country is witnessing a large stream of FDI targeted at…
What is the East African Community and what does it mean for business?
With all eyes set on the race for oil production between Uganda and Kenya, a development of a different sort is taking place some 200 miles to the south in Arusha, Tanzania. The East African Community (EAC) is conducting a…