While African nations participate in the Africa Cup of Nations and the FIFA World Cup this year, Africa is open for business.
Online PR News – 31-January-2010 – – While Africa is enjoying a banner soccer year with the African Cup of Nation and FIFA World Cup both this year, it will also enjoy a great year in business. As Trevor Manuel kicks off the FIFA World Cup 2010 at the annual meeting of the World Economic Forum in Davos, Switzerland and the African Cup of Nations comes to a close in Angola, Afribiz kicks off the information series, “The Business Landscape in the African Soccer Cup Nations.”
This information series highlights the trade and investment environments for Angola, Algeria, Cameroon, Cote d’Ivoire, Egypt, Ghana, Nigeria, and South Africa. The series starts off with nations in the final four of the African Cup of Nations and in the FIFA World Cup – Ghana, Nigeria, and Algeria.
Ghana’s Economic and Investment Landscape in 2010
This article highlights several business strengths of Ghana. First, Ghana is one of the stronger African countries on governance. Second, growth potential matches governance with an expectation of 8% to 10% growth in the medium term. Growth is expected in commodities, oil, and manufacturing.
Nigeria’s Trade and Investment Landscape in 2010 and Beyond
This article points out that Nigeria started the year facing four major political and social challenges – sectarian violence in the North, absent President, attempted bombing of a U.S. airplane by a Nigerian national, and renewal of Niger Delta conflict. While these challenges may affect the immediate picture, Nigeria still maintains many positive economic indicators. Nigeria is expected to grow by 5% in 2010. Also, after the clean up in the banking sector, expect excellent growth in this sector.
Algeria’s Trade and Investment Landscape in 2010
Algeria is the next nation showcased in this series. Algeria is a North African country with a strong hydrocarbon sector. Its hydrocarbon sector has been subdued in 2009, which is holding growth to around 2%. However, non-hydrocarbon growth is about 9% in 2009. In 2010, overall growth in Algeria is expected to rise to 3.7%.
To read the full series, visit www.afribiz.info.
Afribiz is a “new economy” communication and community ecosystem focused on promoting increased economic opportunity and successful trade between Africa and the world, as well as between African countries. The driving factor is to support broad-based economic development through for-profit enterprise based on open, inclusive markets.
The ecosystem includes provisioning of information, intelligence, and insights about business and investments in Africa. Afribiz uses web, multimedia, print, radio and TV platforms to interact with the public and its members. It is a key brand of BizConcierge PTY LTD of South Africa.