Zimbabwe, in an economic quagmire for nearly two decades, has begun to implement economic reforms that, if continued, could help the nation improve the quality of life for the majority of its citizens. This nascent reform movement also suggests that government leaders have realized that its current singular reliance on
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Africa development
Prospects and Challenges for Africa
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The October 2014 Africa’s Pulse released by The World Bank confirms that economic growth in Sub-Saharan Africa continues to be strong. The average growth in the region is projected to increase to 5.2 percent during 2015-16 (up from 4.6 percent in 2014) and to 5.3 percent in 2017. Some markets …
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Opportunities Following U.S.-Africa Summit
By Covington Team on
Two months have passed since the first ever U.S.-African Leaders Summit. It is now time to take stock of what was achieved and what comes next.
One of the most significant achievements of the Summit was the clear emphasis placed on trade and investment as a top priority in the …
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Africa’s Coming Infrastructure Boom
By Covington Team on
Posted in Africa, International Strategy
The World Economic Forum (WEF) African regional meetings in Nigeria this week emphasized that a major push on infrastructure is underway in Africa. In order for Africa’s recent economic turnaround to continue, large scale investment activities including energy, transportation, housing, and telecommunications are essential.
The amounts required are staggering. According…
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