The past few years have come to be defined by major economic restructuring, encompassing government institutions, investment funds, oil and gas, financial services and education. Leadership across the emirate continues to embrace these changes, creating more efficient institutions better equipped to handle challenging times. Continuing to build competencies outside oil and gas, and furthering the knowledge economy, will be crucial to achieving the emirate’s long-term goals.
As the largest economy in the EAC, Kenya is a major player in both the region and sub-Saharan Africa as a whole. Over the past few decades, its market has transformed from being largely agrarian into one of the most diversified and innovative on the continent. It was sub-Saharan Africa’s fifth-largest economy in 2015, ranked 11th in inbound foreign direct investment and is one of the few countries in Africa that is not primarily dependent on extractive revenues.
Although economic openness left Mexico more exposed to the global financial crisis than some of its Latin American peers, its economic profile has since allowed it to bounce back as global trade and investment flows recover, and past structural reforms begin to bear fruit.