Bukola Ogunyemi: Liberalization of air transport market takes Africa closer to desired economic integration

  Traveling by air from one African country to another, as those familiar with the routes and processes would testify, is often strenuous, expensive and time-wasting due to poor air connections borne out of ill-advised protectionist policies. As Umaru Fofana, a BBC journalist, detailed in his experience in 2017 flying between the West African capitals of […]

IMF urges Morocco to step up structural economic reforms

 Morocco needs to step up structural economic reforms and maintain “sound” fiscal and monetary policies, the International Monetary Fund (IMF) said on Thursday. Morocco, the region’s biggest energy importer, has been working with a technical mission from the IMF on liberalising its currency regime after a drop in global oil prices helped strengthen its finances. […]

South Africa should prepare for the worst case scenario: seeking help from the IMF

  IMF Managing Director Christine Lagarde at the “G20: Compact With Africa”. Reuters/Mike Theiler Danny Bradlow, University of Pretoria Prudence teaches that societies experiencing difficult and uncertain times should hope for the best but prepare for the worst. South Africa should take this lesson seriously. It is facing a serious crisis. South Africa’s economy is […]

Is it Cameroon’s turn to be suspended from US trade pact with Africa?

  Anglophone Cameroonians want to secede from the Francophone part of the country. Erin Alexis Randolph/Shutterstock Regis Simo, University of the Witwatersrand Cameroon has been a member of the African Growth and Opportunity Act (AGOA) initiative since it was launched in 2000. AGOA is a preferential trade programme which allows a set of eligible products […]

Nigeria moves up 24 places on global ease of doing business rankings

 Nigeria has moved up 24 places to 145th in the World Bank’s ‘Doing Business’ report published today, and for the first time the country is recognized as one of the top 10 most improved economies in the world. The World Bank Doing Business project provides objective measures of business regulations and their enforcement across 190 […]

IMANI Report: Maximising Gains From Ghana’s Trade Partnerships

 The policy highlights the need for a fair, transparent import and export regime that would enhance production capacity for domestic export markets and attract foreign direct investment (FDI), and the need to adopt trade-facilitating measures, including transparent and efficient procedures for customs clearance. According to the Ministry of Trade and Industry’s (MOTI) trade policy document, […]

#KADInvest: Kaduna State’s economic reforms pay off with $100 million animal feed mill investment

 This is a transcript of the welcome address delivered by Mallam Nasir El-Rufai, Governor of Kaduna Stae, Nigeria, at the commissioning of $100 million OLAM Integrated Feed Mill and Poultry on Tuesday, 12th September 2017. Since assuming office in May 2015, Harvard trained El-Rufai has embarked on a series of market-oriented reforms which have resulted in a […]

Investment inflows into Nigerian economy rise to $1.8 billion in 3 months

 Investment inflows into Nigerian economy surged by 95 percent or $884.1 million in the second quarter on 2017 as portfolio investors, particularly, showed confidence in the country still battling economic downturn. The National Bureau Statistics (NBS) estimates that total investment inflows into Nigeria reached $1.7923 billion in the second quarter of 2017, $884.1 million more […]

Nigerian govt ends undue dominance and monopoly in oil and gas logistics sector

 Integrated Logistics Services Nigeria Limited’s (Intels) dominance of the nation’s oil and gas logistics business at the ports has ended with President Muhammadu Buhari’s approval of a policy review, which guarantees the right of importers to choose terminals or ports of their choice for the discharge of their cargo. The president also approved the Onne […]