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Challenges of competitiveness in Africa

Business Africa

*Africa is one of the worst performing economies in the world according to new global competitiveness report.* 

New report on global economic competitiveness. The 2018 study ranks the United States first making it closest to competitiveness. In Africa, Mauritius ranks first and 49th in the world, in the study based on 98 indicators organised into 12 pillars.

Loïc MACKOSSO, managing partner of Aries Investissement, a strategic and financial consulting company with a vocation of Business Bank based in Brazzaville, Congo, throws more light on this.

Congo: oil prices revised upwards Progressive economic

Recovery in the Republic of Congo. The country is benefiting from rising oil prices on world markets. It plans to up its production to 300,000 barrels per day by the end of 2018. The Congolese government’s objective is to boost the black gold sector, which is the foundation of the national economy.