Indonesia is the world’s 16th-largest economy and presents an enticing opportunity for investors, with ongoing reform efforts and attractive demographics. Meanwhile, a booming start-up ecosystem signals the country’s rising consumer power and regional influence. While headwinds are expected to follow Covid-19, Indonesia’s strong foundations will help maintain momentum in the medium to long term.
While immediate results suggest the automotive industry is set for a considerable contraction this year, there are some indications that social distancing concerns could actually lead to a spike in future car sales.
Côte d’Ivoire’s burgeoning middle class and economic growth has supported the steady development of the retail sector in recent years. According to the World Bank, the share of Ivorians living on less than $1.90 per day fell from 34% in 2011 to 28% in 2015, the most recent year for which this information is available. In the wake of economic...
Côte d’Ivoire has recently attracted a raft of investments that are set to increase the country’s capacity to process its raw agricultural production. These follow government initiatives to develop the agro-industrial segment and boost local value addition, which are among the country’s top economic goals.
In what ways can the government and the private sector further promote raw materials processing?
Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of SMEs has been crucial to economic...
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