Investing in the MEA Region Global Fortune 500 companies are establishing a stronger footprint in the MEA region in response to a growing middle class and a shifting economy. This Infomineo study aims to: Analyze the regional footprint of Fortune 500 companies in Africa and the Middle East Identify trends for settlement Highlight popular settlement […]
The economic exploitation of less developed countries to benefit richer economies was a key component of colonialism. As this practice began to be seen as unjust, under the pressure of growing humanitarian movements, rich countries started providing financial aid to their colonies, for the purpose of building local infrastructures and pursuing economic development and welfare. […]
Is a wind of economic patriotism blowing in the Senegalese telecom sector? In February 2017, the Luxembourg-based telecom company Millicom announced the signature of an agreement for the disposal of its subsidiary Tigo Senegal which is the second telecom operator in the West-African country. This operation is considered as particularly worth noting since the acquirer of […]
Each episode MEA Pulse brings you on a journey to learn about the Middle East and Africa regional economy and business trends with a featured country pertinent to the topic. Hosting Soji Akinelye from the Infomineo’s Lagos office, MEA Pulse Episode 1 dives into the transitioning Nigerian economy, the success stories of private investments, as […]
For many decades, the African hospitality market has been exclusively reserved to private investors, of which the majority are hotel chains and property companies. Looking at the market today, it appears that the Sub-Saharan African hospitality sector, excluding South Africa, is now rising as a key investment opportunity for both international hotel chains and institutional […]
Revenue receipts from oil will be just as important to driving Nigeria’s economy in the medium term as they were in the last decade. An estimated 70% of government revenues and around 90% of the country’s foreign exchange earnings come from oil sales. However, Nigeria is currently experiencing the effects of its over-dependence on oil […]
Over the past two decades, China’s robust economic growth and rapidly expanding presence in global markets have greatly intensified its trade ties with sub-Saharan Africa. China’s remarkable 10% average growth rate between 2000 and 2012, has fueled a steadily rising demand for oil, minerals and other primary commodities, many of which are abundant in sub-Saharan Africa.
Mobile Banking and Why It’s Growing in Africa Mobile banking allows its users to conduct financial transactions through mobile devices such as mobile phones and tablets. It is a service offered by banks and other financial institutions that allow users to obtain account balances, pay bills and transfer funds on their mobiles. However, mobile banking […]
Kenya has been witnessing major growth in entrepreneurship and innovation, led by a rising interest towards new technologies and mobile connectivity. Today, Kenya is leading the way in terms of digital technology development in Africa. The country has been experiencing a boom in internet and mobile savviness with a 90% mobile penetration as of 2016, […]
The Development of Morocco’s IT Sector Morocco aims to position itself as a strategic hub in the Middle East and North Africa by becoming one of the top performing countries in the region in terms of Datacom infrastructure and IT business environment. The investment reform plan presented in July 2016 by Moulay Hafid Elalamy, Minister […]
