Greater export competitiveness and deeper regional integration could help propel South Africa towards faster-growing exports, allowing it to achieve higher, more inclusive, job-intensive growth as laid out in the country’s National Development Plan (NDP) 2030, according to the World Bank's South Africa Economic Update. “Helping South Africa achieve its export potential is essential for rapid … Continue reading South Africa needs more export competitiveness and regional integration, World Bank reports
The world economy is projected to strengthen this year, with growth picking up in developing countries and high-income economies appearing to be finally turning the corner five years after the global financial crisis, says the World Bank’s newly-released Global Economic Prospects (GEP) report. The firming of growth in developing countries is being bolstered by an … Continue reading World Bank warns of emerging markets risks
The US, Germany, Poland and Mexico are among next year’s Best Countries for Business. Rotterdam Week in cooperation with Atlantico Business Development (an international consultancy based in Rotterdam) has selected the best 15 markets of 2014/15 for your direct investment or for exporting your products. This is the first edition of a series of articles … Continue reading Rediscovering the Americas: The World’s 15 Best Countries for Business in 2014
By Arnout Nuijt With less than six months to go, South Africa’s national elections already fuel many speculations. As I wrote earlier, the big game changer may be Julius Malema’s Economic Freedom Fighters. The EFF may grab up to 10% of the national vote (one poll put them even at 12%), mostly votes previously cast … Continue reading The Democratic Alliance and South Africa’s 2014 elections
An International Monetary Fund (IMF) team, led by Doris Ross, visited Mozambique during October 16-30, 2013, to hold discussions towards the first review under the three-year Policy Support Instrument (PSI) approved in June 2013. A summary of the team's findings follows below. The team met with the Prime Minister, Hon. Alberto Vaquina, and held policy … Continue reading IMF: Mozambique to improve business climate
Sub Saharan Africa’s tourism industry is set to spur more economic growth for the continent and directly employ 6.7 million people by 2021, according to a new World Bank report. The report—Tourism in Africa: Harnessing Tourism for Growth and Improved Livelihoods—says that tourism accounted directly or indirectly for one in every 20 jobs in Sub … Continue reading Africa tourism set for high growth, new jobs, and more investment than other regions
South Africa’s economy has made important strides over the past two decades. Rising income levels have resulted in declining poverty rates, and strong institutions and policy frameworks have contributed to macroeconomic stability and greater integration with the global economy. However, in recent years the country’s structural problems that are holding back growth and job creation … Continue reading South Africa: IMF urges firm reform
By Arnout Nuijt South Africa's former African National Congress Youth League leader, Julius Malema, last week successfully registered his political party, the Economic Freedom Fighters (EFF), for the 2014 national elections. Mr Malema promises to provide free and quality education, healthcare and sanitation, as well as redistributing land and nationalising the mines. Although he was … Continue reading Why Julius Malema’s Economic Freedom Fighters could become a game changer for South African politics
Interview with Jennifer Giroux, senior researcher for the Risk and Resilience Team at the Center for Security Studies (CSS), ETH Zurich. In five years, do you see Nigeria dealing with its internal security challenges, such as the insurgencies of Boko Haram and the MEND? If so, how would this affect its foreign policy? Nigeria’s security … Continue reading West Africa: Bright Future?
Arnout Nuijt, Editor-in-Chief of Atlantico Weekly/Angola Business News and CEO of Atlantico Business Development, a consultancy based in Rotterdam, recently spoke to Mrs Maria Luisa Abrantes, director of ANIP, the Angola Investment Agency. Mrs Abrantes, thank you for talking to Atlantico Weekly’s Angola Business News. You have come to the Netherlands to attract new investors … Continue reading Angola Beyond Oil & Gas
Arnout Nuijt, Editor-in-Chief of Atlantico Weekly and CEO of Atlantico Business Development (an international consultancy specialized in Portuguese speaking Africa), spoke with Cape Verde’s Prime Minister José Maria Neves. Prime-minister, thank you for talking to Atlantico Weekly. First of all allow me to congratulate you on the 38th anniversary of your country’s independence from Portugal. … Continue reading Islands of Sun and Freedom in a Sea of Opportunities
The rise of the what? Another acronym, you say? Well, why not? In Portuguese the countries are called PALOPs, the Paises Africanos de Lingua Oficial Portuguesa (or African Countries with Portuguese as Official Language). So we call them PACs. Three PACs have become booming economies and nobody is stopping them: Cape Verde, Angola and Mozambique. Business … Continue reading The Rise of the PACs: Meet three booming Portuguese-speaking African Countries
By Arnout Nuijt A recent article in The Economist gives an optimistic picture of Brazilian companies heading en masse for Africa’s booming economies, “laden with expertise and capital”, thus creating a new “Atlantic alliance” between Brazil and Africa. We hate to be critical, but is this really happening or is it wishful thinking? Yes, Africa … Continue reading Can Brazil Conquer Africa’s Booming Markets?
By Arnout Nuijt While the Cape Verde government recently announced the creation of a (government staffed) working group that has to find ways to attract more and cheaper flights to the country, two other aviation related news items - involving national carrier TACV - are worth mentioning. Firstly the Cape Verde press reported that TACV … Continue reading Cape Verde’s Unique Aviation Opportunity