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Current Features
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Against the backdrop of rising prices for hydrocarbon-based energy sources, a growing number of African countries are looking to renewable energy to address the region’s severe power shortage
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A sales representative at a mobile phone store in Kenya’s capital Nairobi Photo: Corbis
Africa’s ICT sector is booming, but prohibitive taxes on mobiles could put a brake on its growth
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Cotton being wound onto spools in a factory in Mahalla, Egypt Photo: Getty
The private sector’s role in development has seen a renaissance, with donors reassessing their strategies and development finance institutions positioned increasingly as central actors. But stakeholders need to increase coordination to maximise their impact
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The economic outlook
The International Monetary Fund’s most recent forecast for sub-Saharan Africa anticipates average growth of 5.5 percent in 2012. These projections are in line with the expectations of This Is Africa’s sentiment survey. Only two respondents anticipated growth of under 5 percent, with most predicting levels of 5.5-6 percent.
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The political outlook
The Arab Spring may be the most important geopolitical shift since the end of the Cold War. Attention now turns to the construction of new orders, and the outcomes are far from clear. Survey respondents agreed that expectations are high and emerging governments need to respond to long pent-up demands.
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Tentative steps
After many years of political isolation, there are hopes that moves towards a more open political sphere could improve Togo’s international relations
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POLITICS: On the Mend?
The same family and political party have ruled Togo for the past 44 years. In 2005 president Faure Gnassingbé, the English speaking son of president-for-life Gnassingbé Eyadema, was elected in controversial circumstances upon his father’s death.
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Building momentum
On the back of economic reforms, Togo’s once closed economy is starting toattract a growing number of international investors
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How to turn citizens into owners of national wealth
On November 28 Anadarko Petroleum doubled the estimate of its massive Mozambique gas discovery. If this proves correct, Mozambique will become a major gas exporter and can expect a hefty windfall.
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The future of Africa’s agricultural sector
The overall statistics on African agriculture are well known. It employs over 200 million people and in most countries provides the livelihood of approximately 70 percent of the population. Despite this, Africa has the greatest proportion of malnourished families. Even in countries with the greatest agricultural potential, such as the Democratic Republic of the Congo, up to 75 percent of the population is still undernourished.
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Africa needs flexible capital, as well as patient capital
It is widely understood that Africa’s private sector requires a reliable supply of capital to grow, yet SMEs – vital to the continent’s economic growth story – continue to face significant hurdles to securing the financing they require.
Articles from fDi Intelligence
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FDI into Tunisia on a downward spiral
The level of FDI into Tunisia has been in decline since 2008, with figures for the first 11 months of 2011 offering little hope of a recovery.
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Bilateral agreements tie Egypt to old policies
If Egypt is to pursue a more inclusive development agenda, it must make changes to its FDI regulations. But the country's accordance with a large number of bilateral investment treaties is restricting its movement away from old government policies.
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Al Anbar governor charts province's progress
The governor of the Iraqi province of Al Anbar updates Courtney Fingar on the area's progress, including news of a $1bn fertiliser project.
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High risk could lead to high gain in Libya
While questions still remain over the future of the Libyan government, investing in the country remains a risky prospect. But with opportunities abound in the country's tourism, infrastructure and oil sectors, there is the potential, with the right policies, for the new regime to attract foreign investment which could help get the country back on its feet.
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View from the Middle East and Africa: December 2011/January 2012
With one of the world's highest projected growth rates dictating the need for infrastructure across the board, Ethiopia is looking to meet the needs of investors shopping around for new territories after the West's economic fallout.
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