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ARTICLE · 12 DECEMBER 2018

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In many African countries, political transitions and economic reform initiatives have supported investor confidence and are predicted to contribute strongly to business and investment activities going into the second half of 2018.

South AfricaStrategy
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ECONOMIC OVERVIEW

In many African countries, political transitions and economic reform initiatives have supported investor confidence and are predicted to contribute strongly to business and investment activities going into the second half of 2018. Sub-Saharan Africa experienced a palpable sense of economic optimism motivated by the political transitions and economic policy reforms introduced by the new investor-friendly administrations in Angola, South Africa and Zimbabwe.

Rapid growth has particularly been notable in non-resource intensive economies such as Ghana, Ethiopia, Cote d'Ivoire, Djibouti, Senegal and Tanzania, which rank among the world's top 10 economies of 2018, according to the World Bank.

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