Sharjah entered the pandemic period in a resilient position thanks to a highly diversified and digitalised economy supported by strong fundamentals at the national level.
Bernardo Bruzzone, Africa Regional Editor at Oxford Business Group (OBG), recently held a discussion with Alexis John Ahyee, Executive Director for West and Central Africa of HEC Paris, and with Nadia Kouassi Coulibaly, Head of Research of African Private Equity and Venture Capital Association (AVCA).
On the back of higher oil prices and a stronger global economic environment, the Middle East returned to growth in 2021, with a number of governments taking the opportunity to implement long-term plans aimed at diversification and modernisation.
The long-term vision of the Dakhla-Oued Eddahab region of Morocco is anchored in its advantageous geographic position as a commercial and logistical hub for North and West Africa, and an entry point for regional and continental investment.
Following a difficult 2020, Latin America and the Caribbean has seen a return to growth this year. Although the region still has a long way to go in terms of its vaccine rollout, the pandemic has prompted a range of changes that will impact positively on the region in the medium to long term, among them increased digitalisation and a redoubled focus on sustainability.
Economic update | Focus Report: How Benin is attracting investment through industrial transformation
Although Benin is known as a cotton producer and is actively working to boost value-added activities in the textiles and garments sector, the country has also been looking to increase its industrial footprint more broadly, leveraging large-scale projects to expand its energy and transport infrastructure and develop special economic zones (SEZs).