Anambra
From The Report: Nigeria 2012
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Anambra State has a population of 4.7m, making it the eighth most populated state in the country and the second most densely populated. In a region known for dominant oil operations and related security challenges, Anambra State has kept on a steady course towards economic diversification in the last few years. The conclusion of sizeable deals with various companies in agriculture, manufacturing, production and petrochemicals bodes well for those hoping to tap into the state’s investment potential. With clear development goals and a number of industries on the rise, Anambra’s economic growth model is likely to attract considerable interest from local and foreign business communities.

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Overview

Strategies for development: New policies focus on economic diversification and raising standards of living
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With a rich endowment of natural resources and an entrepreneurial mindset, Anambra State is becoming an economic model for the rest of the country. In a region known for dominant oil operations and related security challenges, Anambra State has kept on a steady course towards economic diversification over the course of the last few years. Hitherto, the absence of production oil in the state – given the lack of development of reserves – has undoubtedly pushed the diversification efforts,…