Tag: bookkeeping

Insights

Where to shop? Equatorial Guinea, Of Course!

Equatorial Guinea (EG) is indeed one of the largest producers of oil in the world, and the third largest exporter of the commodity in Africa, after Nigeria and Angola. Crude oil production in EG averaged 216,000 barrels per day from 1994 through December 2016. However, oil is not the only product that this small African country has to offer. In line with the country’s national development strategy, Horizonte 2020, the country, its leaders, and entrepreneurs, are all actively encouraging the development of other economic sectors, such as agriculture.

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Insights

Say ‘Hello’ to West African SMEs

By 2035 the number of Africans joining the working age population will exceed that of the rest of the world combined, according to the International Monetary Fund (IMF). Much of this new workforce will originate from West African and Sub-Saharan, countries like Nigeria or Ghana. Nigeria, already Africa’s largest economy and country by population will continue to grow, both in GDP terms and demographically. Today, the country numbers over 182 million people.Read more