Reviews of markets and investment niches
The state of affairs in the economy of the countries participating in the Catalogue, market reviews, attractive niches for business, opinions of industry experts.
Together with an expert, we figure out why Africa is a promising market and what prevents Russian companies from operating on the continent.
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The African region is currently one of the most promising in terms of development potential and economic growth. Five African countries entered the top 10 fastest-growing economies in the world in 2023. Investors in the African region have a wide range of promising sectors to choose from. Despite the challenges, growth rates across all regions of Africa remained positive last year and will remain stable over the next two years.
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According to Mikael Gorsky, founder of the business development agency Explore Ethiopia (Addis Ababa, Ethiopia), which registers and supports businesses in Ethiopia, conducts market research and audits of potential partners, Africa is the most promising region on the planet.
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The Democratic Republic of Congo is a key player on the African continent. It has one of the highest growth rates in the sub-Saharan region. Thanks to its natural resources and demographic potential, the DRC has undeniable economic advantages.
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Experts predict that by 2025, expected consumer and business spending on the African continent will be more than $5.6 billion, and the population will be 1.2 billion, doubling by 2050. Therefore, Africa is the future of the world economy. One of the most developed and promising countries in this region is Tanzania.
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Special economic zones (SEZs) have been successfully used as an industrial policy tool in many countries. Efforts to create SEZs in Tanzania began in 2002 and were boosted by the creation of the Export Processing Zones Authority (EPZA) in 2006.
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Kenya boasts a fast-growing and dynamic economy that continually attracts the attention of global investors. The country is one of the region's major economic centers and has made significant progress in recent years, attracting international interest as a new investment destination.
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Kenya is the economic, financial and transport hub of East Africa. Kenya's economy provides numerous investment opportunities for business, demonstrating dynamic growth and sustainability.
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Uganda is one of the best countries to do business in Africa as it has stable macroeconomic policies, a growing domestic market of about 50 million people and accessible regional markets.
Uganda offers a wide range of business opportunities across many economic sectors.
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Investment in Ethiopia is rapidly increasing and the country's economy is growing at an unprecedented rate. Moreover, both local and foreign investors are now involved in the venture business. There is also a very significant flow of tourists visiting the country.
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As one of the fastest growing economies in the world, Ethiopia's economy has achieved sustained and broad-based growth. Why invest in Ethiopia, says the country's government Investment Commission (EIC), which provides specialized services to companies looking to invest in Ethiopia, as well as investors based in the country looking to expand their operations.
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The Dubai Master Plan 2040 is taking shape in the heart of the UAE. This revolutionary plan not only improves the urban environment, but also positions Dubai as a model of sustainability, innovation and an urban wonder by 2040.
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