Tous les articles

Papa Saer LO.Responsable du Guichet Unique. Dans le cadre de l’amélioration du climat des affaires au Sénégal, dont les classements – à commencer par le Doing Business de la Banque mondiale – ont salué l’efficacité, Senelec et l’Apix ont mis en place un guichet unique destiné à faciliter l’accès à l’électricité pour les investisseurs. En… Lire plus

Dans le cadre de la stratégie de modernisation des infrastructures adoptée par le Port Autonome de Dakar, DP World, quatrième opérateur portuaire mondial, était chargé en 2008, pour une période de vingt-cinq ans renouvelables, d’organiser, d’équiper, d’opérer et d’assurer la maintenance du terminal à conteneurs situé à la zone nord du port. À ce titre,… Lire plus

Second secteur pourvoyeur de devises après la pêche, le tourisme génère près de 100 000 emplois et représente dans certaines localités la première source de revenus. Photo : Un ensoleillement, des paysages et un accueil en tous points exceptionnels font du Sénégal une des destinations touristiques les plus attractives. Diversifié et de qualité, le potentiel… Lire plus

Avec une façade maritime de 718 kilomètres, une zone économique exclusive (zee) de 200 milles marins et une biodiversité halieutique particulièrement riche, le Sénégal possède des atouts naturels évidents pour la pêche. Photo : La pêche, un secteur essentiel pour la vie économique et sociale du pays. Le secteur de la pêche joue un rôle… Lire plus

Avec 9 milliards d’êtres humains prévus sur notre planète à l’horizon 2050, contre 7 milliards aujourd’hui, l’alimentation sera un des plus grands défis du XXIe siècle. l’agriculture doit permettre de le relever, car les terres arables en quantité suffisantes existent, notamment en Afrique. Photo : D’abondantes ressources en terres et en eau offrent une foule… Lire plus

On savait qu’il y avait du pétrole au large des côtes du Sénégal. on le recherchait depuis le début des années 1950, désormais, on le trouve, et en quantité. Exploration et production 10 blocs d’exploration sur 18 attribués à des compagnies étrangères par CRPP (contrat de recherche et de partage). 705 millions de m3 de… Lire plus

Comparé aux gros producteurs — actuels et potentiels — du continent africain, tels que la Guinée, le mozambique ou la république démocratique du congo, le Sénégal a longtemps été considéré comme démuni de ressources naturelles. ces temps semblent être révolus. Photo : De nouvelles ressources sont encore venues renforcer le potentiel minier du pays. D’importants… Lire plus

Le Sénégal est l’un des pays les plus industrialisés d’afrique. Son secteur industriel, composé de grandes entreprises et de nombreuses Pme connaît le retour de la croissance. Photo : À travers son engagement pour la qualité et son réseau de distribution complet, la SOBOA a su gagner la confiance des marques les plus prestigieuses au… Lire plus

L’offre de services de soin au Sénégal est structurellement portée par le secteur public et complétée par le secteur privé. Photo : Hopital de la Paix à Ziguinchor et Centre hospitalier de Touba. Le Sénégal est un pays de référence en matière de formation en médecine et de soins. L’expertise du corps médical et la… Lire plus

Secteur en pleine croissance, le marché de l’assurance du Sénégal est le troisième d’afrique francophone. Son chiffre d’affaires dépasse les 100 milliards de francs CFA. Photo : Tiré par la progression de l’économie et la montée en puissance des classes moyennes, le marché de l’assurance affiche de belles performances. Avec 24 sociétés d’assurances dont 16… Lire plus

L’agence de l’informatique de l’État (a.d.i.e), cheville ouvrière de l’informatisation de l’État, est une structure autonome en charge de la mise en oeuvre de cette politique. Photo : Une administration numérique efficace, au service du citoyen. C’est donc elle qui, en coordination avec les différents services de l’administration, les autres organes de l’État et les… Lire plus

Le Sénégal a très tôt saisi les opportunités d’un secteur actuellement en train révolutionner le monde : le numérique. Photo : Le Sénégal est devenu une destination de choix pour l’externalisation de la relation clients et de services informatiques. Numérique, TIC, télé services, le Sénégal a de grandes ambitions. Fidèle à son rôle de phare… Lire plus

Parmi les grands projets d’investissements de ces dernières années, aux côtés de l’autoroute à péage Dakar-Diamniadio, en service depuis le 1er août 2013 et la plateforme P2i, figuraient d’autres infrastructures structurées autour de la DIZES (Zone Économique Spéciale Intégrée de Dakar). Photo : AIDB, le nouvel aéroport international Blaise Diagne. Particulièrement bien positionnée, à 45… Lire plus

Au coeur de l’amélioration concrète du climat des affaires on retrouve GAINDE 2000, éditeur de solutions informatiques. Depuis près de 20 ans, GAINDE 2000 oeuvre à la conception et la mise en oeuvre de solutions technologiques de pointe pour les gouvernements, les zones portuaires et les entreprises. Ses outils, numériques, se déclinent comme autant de… Lire plus

Les classements mondiaux qui mesurent le climat des affaires et la compétitivité des sites de production, à commencer le Doing Business de la Banque mondiale, mais aussi Moody’s, Standard & Poor’s et beaucoup d’autres ont salué ces changements positifs en améliorant très sensiblement la position du Sénégal. Photo : Le terminal containers du port de… Lire plus

Les premières mesures concrètes du plan Sénégal émergent, notamment celles portant sur ses trois priorités phares, ayant été rapidement engagées, leurs premiers effets bénéfiques sont maintenant bien visibles et reconnus par les classements internationaux. Photo : Cheikh Anta Diop à Dakar, la principale université du pays. Quelques points noirs, qui coûtaient cher à l’économie sénégalaise,… Lire plus

Lire plus

Le dynamisme du secteur du BTP et de l’immobilier s’explique à la fois par les grands travaux lancés par l’État du Sénégal et le besoin de répondre à la demande en logement. Photo : La construction, moteur du développement du pays. En plein développement, le Sénégal a vu son secteur des BTP (Bâtiments et travaux… Lire plus

L’essor du pays a généré des besoins que les centrales en fonctionnement ne parvenaient pas à satisfaire pleinement. Ses capacités, notamment éoliennes et photovoltaïques ont fait du renouvelable une alternative recherchée. Photo : Ferme photovoltaïque. Le renouvelable devra bientôt fournir 20 % de l’énergie produite au Sénégal. L’énergie, sa fourniture et sa distribution font partie… Lire plus

« Grâce à la mise en oeuvre d’un programme d’infrastructures structurantes, le PIB par habitant devra passer de 1000 dollars à 1500 dollars dans les dix prochaines années ». – Mountaga Sy, PDG APIX. Photo : La place de l’Indépendance, est le centre névralgique de la vie à Dakar. Dès sa mise en service, en… Lire plus

Son positionnement géographique, sa stabilité, le dynamisme de son économie et la qualité de l’environnement des affaires font du Sénégal une porte d’entrée incomparable pour les investissements à destination d’une Afrique à l’aube de ses trente glorieuses. Autant d’atouts qui avaient déjà attiré des investisseurs de notoriété internationale dans les secteurs stratégiques de l’eau, des… Lire plus

Pays africain le plus avancé sur l’océan atlantique, le Sénégal est une plaque tournante pour les échanges entre l’Afrique, l’Europe, l’Asie et l’Amérique. C’est le point d’accès privilégié de toute l’Afrique de l’ouest et, plus largement, du continent pour lequel il représente un lieu d’escale apprécié. Photo : Le port autonome de Dakar bénéficie d’un… Lire plus

En deux décennies, le P.S.E. qui, avec le soutien des grands bailleurs de fonds internationaux (Banque mondiale, Banque africaine de Développement, F.M.I….) mobilise toutes les forces vives du pays, contribuera à la remise à niveau en priorité des infrastructures structurantes que sont celles de transports, de l’énergie et de l’agriculture. Photo : L’énergie et l’interconnexion… Lire plus

Le Sénégal, avec 13 508 517 habitants et un PIB de 15,2 milliards de dollars (chiffres de 2013), est la deuxième économie de l’UEMOA (Union économique et monétaire Ouest-Africaine) et la quatrième de la CEDEAO (Communauté économique des États de l’Afrique de l’Ouest). Grâce à des réformes structurelles de grande ampleur, le Sénégal, qui représente… Lire plus

Le Sénégal, notamment par la constance avec laquelle il poursuit, pas à pas, ses réformes est l’un des pays régulièrement cités en exemple par les bailleurs de fonds internationaux. Pour le F.M.I. Une locomotive pour les autres pays de l’UEMOA Dans un de ses derniers rapports, le FMI confirmait que le Sénégal disposait des atouts… Lire plus

Impôts sur les sociétés, patentes, législation du travail, charges sociales… l’investisseur au Sénégal évolue dans un cadre en amélioration ; preuve de l’écoute des pouvoirs publics pour l’entreprise et les différentes étapes de l’investissement. Impôt sur les sociétés L’I.S. est de 30 % au Sénégal. En cas d’exercice déficitaire, on lui substitue l’IMF (impôt minimum… Lire plus

Avec l’automatisation des procédures, l’attractivité du Sénégal a nettement progressé. grâce aux réformes déjà entrées en application, l’investisseur peut effectuer dans des délais compétitifs, en toute sécurité et confidentialité requise ces opérations clés. Création de l’entreprise Démarche en une étape, enregistrement en un jour Dépôt du dossier à l’APIX (BCE: bureau d’Appui à la Création… Lire plus

Mountaga Sy. Directeur général de l’APiX. L’Afrique est plus visible qu’elle ne l’a été depuis longtemps sur le radar des investisseurs. Comment se démarquer pour qu’ils choisissent le Sénégal ? Mountaga Sy – La meilleure recette est de les aider, c’est la raison d’être de l’APIX, créée pour accompagner les entrepreneurs à toutes les étapes… Lire plus

Porte d’entrée d’une Afrique devenue une des zones les plus prometteuses de la planète, le Sénégal s’est doté des structures lui permettant de jouer pleinement son rôle de destination d’affaires compétitive de classe internationales. L’APIX (agence de promotion des investissements et grands travaux) en est le pivot. Photo : L’autoroute de l’Avenir désenclave la presqu’île… Lire plus

Stabilité, ouverture au reste de l’Afrique et au monde, ressources humaines, naturelles, qualité de vie… les bonnes raisons d’investir au Sénégal sont multiples. Photo : Dakar centre-ville, avec en arrière-plan, la mer. 1 Un pays stable et largement ouvert Installé dans une démocratie vivante depuis son indépendance, le Sénégal est le pays du continent où… Lire plus

Le Sénégal s’est construit sur les deux bases de sa stabilité : une situation géostratégique exceptionnelle et une démocratie, qui depuis 1960, ne s’est jamais démentie. Photo : Dakar, capitale d’un pays stable et ouvert. Le Sénégal fut le premier pays d’Afrique à vivre un pluripartisme, redevenu intégral en 1981. Il est aussi le seul… Lire plus

Official languages Arabic and the Amazigh (Berber) language are the official languages of Morocco but French is widely taught and serves as Morocco’s primary language of commerce and economics. It also is widely used in education and government. Spanish is spoken by some Moroccans, especially in the northern regions, but a boost is being given… Lire plus

Lire plus

Lire plus

Lire plus

For AMDI, all investors are created equal. Here is how AMDI helped a Spanish manufacturer (Sage Energia y Produccion) and a start-up (Elephant Vert) with their entries into Morocco. As Ahmed Fassi-Fihri, the director of AMDI Invest in Morocco, can testify, foreign investors come in all sizes and shapes: “For Sage Energia y Produccion (SEP),… Lire plus

Strategies to increase bed capacity and visitor numbers have given Morocco’s tourism sector, one of the country’s largest GDP contributors, a real shot in the arm despite economic and political troubles elsewhere. The Moroccan government commissioned its Vision 2010 strategy in 2001. Between then and 2010 the number of visitors to Morocco more than doubled… Lire plus

1 Dynamic Economy Chile has the most dynamic economy in Latin America. In 2010, Chile’s GDP expanded by 5.2% while per capita income reached its highest level in eight years, this despite Chile suffering the sixth largest earthquake ever recorded. The IMF estimates Chile’s GDP will reach $222,788 million in 2011, a 6% increase over… Lire plus

With increasing wealth and exposure to global trade, the Moroccan lifestyle is slowly being transformed. An expert at Morocco’s leading business school gives some pointers on understanding the changes. By Imane El GhazaliProfessor ofEconomicsESCA School ofManagement According to the Moroccan High Planning Commission, my country is a balanced mix of classes. The middle class is… Lire plus

The lifting of its long-existing protectionism has made the Moroccan pharmaceutical industry nimbler and more open to foreign assistance, placing the industry in a position to export to sub-Saharan markets. The pharmaceutical industry is a key ingredient to the Moroccan economy. In 2011, it accounted for more than $950 million in revenues (at the wholesale… Lire plus

1 Abundant resources Nigeria has enormous resources, most of which are yet to be fully exploited. Tremendous investment opportunity exists in the solid minerals sector. Mineral resources include coal, tin, iron ore and others. Agricultural products include, among others, groundnuts, palm oil, cocoa and coconut. Nigeria also has a booming leather and textile industry and… Lire plus

Representing almost two thirds of food exports from Morocco, the fishing sector has traditionally been an economic mainstay. Despite some obstacles, the sector is growing by capturing higher value-added activities. Endowed with a 3,500 kilometer coastline, Morocco is considered a world leader for certain seafoods. Fishing provides the kingdom with jobs, food security and foreign… Lire plus

Morocco’s agricultural sector has doubled in a decade. Now the country is developing high value added products for export while covering domestic needs. In 2010, the agricultural sector amounted to $8.5 billion or 14% of Morocco’s GDP, according to the Ministry of Agriculture. This is almost twice the contribution of a decade ago. And agriculture… Lire plus

The Moroccan government recently kick-started the exploration and exploitation of other minerals in order to bring diversity to the country’s mining sector. Although Morocco relies more on its brains than its earthen sub-strata, mining does represent an important component for the economy. In 2010 the mining sector represented 6% of the country’s GDP, about 27%… Lire plus

Morocco’s infrastructure boom is turning investors’ heads. Each new government budget includes more infrastructure projects, attracting bidders from Spain, Turkey, Portugal and elsewhere. Morocco is investing heavily on infrastructure to boost economic development. Cranes are omnipresent. Earth-moving equipment rumbles throughout the kingdom. There are so many road, rail, harbor and industrial infrastructure projects going on… Lire plus

Economic growth means more freight traffic. But while Morocco’s shipping and rail sectors are up to the task, its road sector has a way to go before it can meet the country’s growing transport demands. Omar El KadiriCEO, Globex/Fedex Morocco’s freight needs are met primarily by road and sea. The country’s harbors are key to… Lire plus

Moroccan insurance has plenty of domestic potential, namely because of a new government framework regarding health coverage. The non-life sector leads but the much smaller life insurance sector presents opportunities as well. Despite the global economic downturn, the Moroccan insurance sector is performing well. At the end of 2011, private insurance companies earned $2.8 billion… Lire plus

Casablanca hosts Africa’s second-largest stock market after Johannesburg despite restrictions on the financial instruments it can trade. The bourse’s growth prospects are looking good. The stock exchange in Casablanca was established in 1929. At that time, it was known as the Office de Compensation des Valeurs Mobilières, or the Office for Clearing of Transferable Securities.… Lire plus

Much of the growth of the Moroccan banking system is due to increased access to banking services. Banque Centrale Populaire (BCP), Morocco’s second largest bank, explains their success. Rachid AgoumiDirecteur Général,Banque CentralePopulaire Several factors contribute to increased banking penetration. The first is undeniably the densification of the banking network and its extension to remote areas… Lire plus

Corporate finance is still a golden fleece, although things were better two years ago. Mouhssine CherkaouiAdministrateur DirecteurGénéral, UplineCorporate Finance The market for corporate finance and investment banking services in Morocco is relatively young. It started off in the mid-1990s, to accompany privatizations and initial public offerings on the Casablanca Stock Exchange. Things have evolved since,… Lire plus

With more than $26 billion in assets, Morocco’s banking system is well-capitalized and growing fast. The country’s strategy is to become the dominant regional platform, thanks to conservative monetary policies and banking regulations, as well as expansive outbound tactics. Morocco has a healthy interest in its financial sector. The country’s political stability and low risk… Lire plus

Morocco has developed an internationally competitive aerospace platform that is already recognized worldwide. Ten years ago, Morocco focused on the potential of the aeronautics and space industries. Today, aeronautics is a significant engine of growth, with annual growth prospects of 20%. The industrial base includes more than 100 companies, consisting mainly of subsidiaries of multinationals… Lire plus

The Moroccan tax code is quite straightforward. Here are some of the highlights. Direct taxes The Value Added Tax (VAT) in Morocco is set at a standard rate of 20%. There are three reduced rates (7%, 10% and 14%) for specific products or services. Basic food staples, books and publications, certain loans and financial services… Lire plus

Setting up a company in Morocco is relatively simple and fast. Morocco also differs from its neighbors since it enables foreigners to operate without local partners. Frederic ElbarManaging DirectorMaghreb Consulting The creation of a company in Morocco is easier than in most of the North Africa and Middle East region. Two weeks suffice for the… Lire plus

Official languages Spanish. Most hospitality industry personnel speak some English. Some may speak German or French. Currency Chilean peso (CLP) Exchange rate: $1 = approximately 500 Chilean pesos (as of November 2011) Currency exchange bureaus: 9 a.m. to 6 p.m. (1800) Monday to Friday, 9 a.m. to 2 p.m. (1400) Saturday Foreign currency: Cash or… Lire plus

Isabel Allende is one of Latin America’s foremost writers. In this excerpt from her 2003 memoire My Invented Country: A Nostalgic Journey Through Chile, Allende takes us on an evocative tour of her homeland from north to south. We Chileans still feel our bond with the soil, like the campesinos we once were. Most of… Lire plus

The transparent skies above the Atacama Desert in northern Chile are among the best in the world for star-gazing. No wonder Chile is home to the most ambitious astronomical projects the world has ever undertaken. Are we alone? One of the places astronomers are hoping to find the answer to mankind’s oldest question is 3,000… Lire plus

The Moroccan Investment Development Agency (AMDI) was completely revamped in 2009 to facilitate foreign investment into Morocco, and to launch outbound marketing using the agency’s seven foreign bureaus. AMDI’s purpose is two-fold. It provides advice and orientation for foreign investors interested in Moroccan opportunities, and promotes Moroccan interests abroad to identify and convince foreign investors… Lire plus

After a slump in 2009, the textile sector continues to present significant potential for development. With some state support and a reconfiguration of the international market, manufacturers are preparing for a new offensive. Representing nearly 12% of Moroccan exports and the top industry in terms of jobs, the Moroccan textile sector is an essential activity.… Lire plus

Market privatization and liberalization have ensured the development of a healthy telecoms market in Morocco. Areas of future development include mobile data flows, further fixed-line penetration and Internet access. Telecommunications is no sneezing matter in Morocco. The sector contributes about 5% of the national GDP. Morocco’s big step in preparing its telecoms industry for competition… Lire plus

The high potential of the information technology sector has sparked so much interest on the part of government that it conceived the Digital Morocco 2013 strategy to develop the sector. Morocco is working hard to improve its ranking on the world’s connectivity stage and use the IT sector’s dynamism to generate employment and economic growth.… Lire plus

Morocco is the largest energy consumer in North Africa but depends on imports for 93% of its energy needs. Good news therefore that the energy mix is shifting, as the country makes aggressive plans to diversify its energy sources. Like many emerging markets, Morocco is energyhungry. According to the International Energy Agency, from 1999 to… Lire plus

Chile’s hotel sector is growing quickly, especially in Santiago and the popular central region. Areas outside the center lag but could present significant development opportunities. Chile’s central regions, including the cities of Santiago and Valparaiso, are the favored destinations of 65% of all tourists visiting the country. Not surprisingly, it is also where most of… Lire plus

Chile wants to take advantage of its remoteness by turning its off-the-beaten track reputation from a disadvantage into an advantage for tourists looking for unique experiences. Separated from the rest of South America by the Atacama Desert, the Andes Mountains and the Antarctic, Chile is practically an island. But it is exactly this remoteness that… Lire plus

In Chile, open television is still the most relevant medium in terms of nationwide penetration, with a potential reach of 98% over the total population. At the same time, it is the medium with the highest share of ad spend in the local industry (48% of the mix). Companies continue to trust TV as the… Lire plus

Because of the high growth potential of global services, Chile has made it a priority. As a result, the country is now one on the world’s most attractive destinations for this type of investment. Chile is one of the world’s most attractive destinations for investment in global services, which is one of the world’s most… Lire plus

To improve its attractiveness in the offshoring sector, Morocco has introduced valuable incentives and developed infrastructure to accommodate technology-intensive companies. Foreign investors have started flocking. No, offshoring in Morocco is not a high-speed boat race. It refers to a set of three key activities that European and North American companies are sub-contracting out to specialist… Lire plus

When it comes to telecommunications, it’s not by chance that Chile stands out among its Latin American neighbors. Chile’s geographic isolation makes the ability to communicate with the rest of the world essential to its continued economic growth. Chile has one of the most advanced telecommunications infrastructures in South America. IMD’s 2011 World Competitiveness Yearbook… Lire plus

Chile has suffered some devastating blows recently, including the 2009 financial crisis and the 2010 earthquake. Like many sectors of the economy the construction industry is coming back strong. The February 27, 2010, earthquake that struck Chile caused an estimated $20 to $30 billion in damage to the country’s infrastructure, including 400,000 homes that were… Lire plus

Chile’s economic stability and the strengthening of its foreign relations have increased the disposable income of its population, which adds up to good news for retailers. Chile has become one of the world’s most attractive countries for retailers. It placed third for retail development in a 2011 study of 30 emerging countries, moving up three… Lire plus

Santiago’s office space supply is set to increase massively when the Costanera Center, the country’s flagship real estate project, opens. Latin America’s favorable economic outlook is driving the office real estate markets as well as all other commercial facilities. The region’s total office supply has increased an average of 6% a year over the past… Lire plus

With a prosperous economy and an open market, Chile’s insurance sector expanded powerfully during the last decade. Now as the demand for new insurance products increases, the market is getting more competitive but looks set to keep on growing. Chile has one of the fastest-growing insurance markets in Latin America. The value of total insurance… Lire plus

Chile is developing a strong financial services sector, based on its political stability, strong savings rate, and low lending rates. The best benchmark for the growth of the Chilean financial sector? As in many countries, it seems to be the sprouting number of skyscrapers that dot Las Condes, the neighborhood of Santiago that hosts many… Lire plus

Chile’s main stock exchange, the Bolsa de Comercio de Santiago, has performed well over the past decade. It relies more on bonds and debt instruments than on a less-active equity market. For trading in stocks, bonds, currencies and other financial instruments, Chilean investors and institutions turn mostly to the Bolsa de Comercio de Santiago (BCS),… Lire plus

The food industry is one of most dynamic sectors of Chile’s economy representing around 24% of its GDP. Chile˙s food exports have grown at an average annual rate of 10% over the past ten years, making it the world’s fastest-growing food exporter. By 2010 exports had risen to more than $11.6 billion compared to $5… Lire plus

Chile’s fish farming industry began with private sector initiatives and despite occasional setbacks the industry is awash with opportunities for entrepreneurs to get involved in the industry’s future. Chilean salmon fisheries are recovering from the outbreak of infectious salmon anemia (ISA) in 2007 which severly damaged one of the country’s leading exports . Salmon production… Lire plus

Chile has moved up in World Bank rankings proving it is up to the challenge of creating one the world’s most business-friendly environments. Cristián BastiánKPMG Senior Partner The new report from the World Bank and International Finance Corporation (IFC) shows that economies are still adopting reforms that promote transparency and access to information, improving the… Lire plus

While much of the global economy has experienced a sharp reduction in foreign direct investment and M&A deal-making as a result of the financial crisis, Chile and other Latin American countries are holding their own. Alejandro CerdaHead of AdvisoryKPMG Chile Latin America has shown great resilience in the face of the economic recession and presented… Lire plus

Wine is one of Chile’s most emblematic exports, recognized worldwide for its quality and variety. With the growing popularity for Chilean wine around the world, the industry aims to grow even more. Wine grapes are not native to the Americas. They arrived in the 1500s with the Spanish missionaries who needed wine to celebrate the… Lire plus

Chile is the only country in Latin America that has privatized its entire urban water supply and sanitation sector. Chile has one of the best coverage and quality levels in Latin America for water supply and sanitation, especially in the urban areas where 85% of the country’s population lives. In 2010, 99.9% of the population… Lire plus

Over the last few years Chile has seen an important increase in the use of thermal energy. Last year for the first time in its history more than 50% of the electricity supply was generated by non-renewable fuels. Chile’s alternate energy resources could change that. Chile is a developing country with important annual growth prospects.… Lire plus

The Chilean government strongly supports foreign investment in the mining sector and has modified its mining industry laws and regulations to create a favorable investing environment for foreigners. What company is the money-earning star of the Chilean economy? Escondida, a private mining company that operates the highest-producing copper mine in the world. In 2010, its… Lire plus

Chile has created a new specialized unit to conduct transfer pricing audits as part of a heightened focus on tax-evasion. Juan Pablo GuerreroTax DirectorKPMG in Chile During the second quarter of 2010, the Chilean government announced an anti-tax evasion plan that seeks to collect $1.3 billion over four years from increasing tax audits, basically on… Lire plus

Compared to other South American countries, Chile has an clever and simple tax system that is investor-friendly. At just 20%, Chile has one of the lowest and most user-friendly corporate tax rates in Latin America. And Chile’s tax structure recognizes several benefits and advantages for foreign investors. The Chilean corporate tax rate has been increased… Lire plus

Already one of the most business–friendly countries in Latin America, Chile is moving forward on making business creation simpler and more affordable for foreign investors. The process for setting up a business in Chile is becoming one of the simplest in Latin America. This is particularly true since the passage of a law (number 20.494)… Lire plus

Chile has spectacularly transformed itself over the past decades. In spite of this progress, there is scope for further positive change. Once a relatively poor country, Chile has become prosperous through macroeconomic policy, structural reforms, trade and investment and regulation. A rich endowment of copper and other mineral reserves has been used cautiously to foster… Lire plus

A strong economy, attractive business climate and skilled workforce are some of the reasons Chile is a highly attractive destination for international businesses and foreign direct investment. Foreign direct investment (FDI) has played a decisive role in Chile’s economic growth and development. Maintaining its upward trend, it has helped to increase Chile’s competitiveness, not only… Lire plus

InvestChile aims to attract high-impact investment in order to grow the Chilean economy and diversify its production and export base. Juan Antonio Figueroa,Head of Investment Promotion DivisionInvestChilejafigueroa@corfo.cl In 2009, when the US agricultural company Pioneer wanted a new center in Latin America to develop corn seed hybrids for its customers worldwide, it chose Chile for… Lire plus

Chilean products and services are highly sought after worldwide. ProChile can help foreign buyers link up with Chile’s top exporters. Wine, copper, salmon. Chile is an exporting powerhouse. In 2010, Chilean exports stood at over $71 billion and China, the European Union and the United States were Chile’s leading trading partners with 80 percent of… Lire plus

Chile has a market-oriented economy characterized by a high level of foreign trade and a reputation for strong financial institutions and sound policy that have given it the strongest sovereign bond rating in South America. Exports account for more than one-fourth of GDP, with commodities making up some three-quarters of total exports. Copper alone provides… Lire plus

Official languages English. However English is not spoken in some rural areas where indigenous languages such as Yoruba and Igbo are spoken by the majority. These are complemented by over 500 additional indigenous languages. Nigerian Pidgin English is also a popular lingua-franca in the country. Climate Temperatures are relatively high with a very narrow variation… Lire plus

In this excerpt from his book Education of a British-Protected Child, Albert Chinualumogu Achebe, popularly known as Chinua Achebe, looks back on his troubled relationship with his country. Born 16 November 1930, Chinua Achebe is a Nigerian novelist, poet, professor and critic. He is best known for his first novel and magnum opus Things Fall… Lire plus

In October 2011 Fitch Ratings revised Nigeria’s outlook from negative to stable. Nigeria’s improved outlook reflects an improved outlook for reforms following elections in April and the appointment of a strong economic team. In addition, tighter monetary policy and slightly better fiscal discipline have arrested the rapid pace of reserves decline seen in the first… Lire plus

With incentives from the government, Nigeria’s vast potential for tourism is set to bloom. The tourism industry is one of the Nigerian government’s main targets for development as it plans to diversify the economy away from its dependence on crude oil production and export. Nigeria’s tourism potential is vast. It is endowed with scenic geographical… Lire plus

This is no time for the hotel industry to take a vacation. The Nigerian government is promoting hotel growth with a hefty new round of incentives to investors. Nigeria saw a remarkable growth in international tourist arrivals of more than 8% in the first quarter of 2011. Abuja, the capital city, and Lagos, the commercial… Lire plus

Nigeria’s ambassador to France, H.E. Gordon Bristol, discusses the improved relationship between France and Nigeria as well as the investment opportunities for French multinationals in English-speaking Nigeria. Question: What are three reasons you would give for investors of any nationality to go to Nigeria? Ambassador Bristol: First, Nigeria is a very large market. There are… Lire plus

Snapshots of Nigeria’s leading banks in order of revenues posted through third quarter 2011. FirstBank of Nigeria – Founded in 1894 and listed on the Nigerian stock exchange in 1971, FirstBank is Nigeria’s oldest bank and largest by 2011 revenues. It provides commercial banking services, including merchant and investment banking, fund management, registrars, advisory services… Lire plus

Nigerian regulators responded to impact of the global economic crisis with reforms that have strengthened the country’s banking system. In 2009, Nigeria’s banking sector was on the verge of collapse as the aftershocks of the global financial crisis washed onto the country’s shores. When the capital market bubble burst, the balance sheet of Nigeria’s banks… Lire plus

Nigeria is home to a vast array of media voices, which are deployed by advertisers, depending on their audience-specific needs. The media in Nigeria reflects the very apparent diversity of its population, very much like many other segments of its society. With over 250 different, and frequently competing ethnic groups, and a size nearly twice… Lire plus

Nigeria’s alcoholic beverage industry is set to grow as the economy improves. Brewing is considered one of the fastest growing industries in Nigeria and beer is the most popular of all alcoholic beverages consumed, accounting for approximately 92% of all alcoholic drinks sold in 2010. Beer consumption has continued to increase due to brand loyalty,… Lire plus

“Nigerian consumers fall broadly into two categories,” explains Dr. Uchenna Uzo, marketing lecturer at Lagos Business School. “Price-sensitive customers represent approximately 70% of the population, while quality-sensitive are about 30%. Why? About 71.5% of the population lives below the poverty line, and cost tends to be their primary concern.” Richer, more quality-sensitive consumers tend to… Lire plus

After a drastic clean-up in 2005, Nigerian insurance companies are poised to cash in on the country’s untapped insurance market potential. Foreign assistance welcome. There could not be a better time for foreign investors to come into the Nigerian insurance market than now. For the first time in the history of the sector, operators are… Lire plus

Well-informed real estate investors can reap handsome profits from a good deal. Returns of 20%-30% are not uncommon. The Nigerian real estate sector is an emerging market with an estimated value of about $5 billion. It is a continually growing market with an estimated growth rate of 10% to 15% per annum. Through its housing… Lire plus

Nigeria’s Information and Communications Technology (ICT) sector looks destined for even more exceptional growth despite some challenges. Today Nigeria’s ICT sector is the fastest and most robust sector of the country’s economy, contributing more than the manufacturing, banking and solid minerals sectors combined. But it wasn’t always this way. The first telegraphic submarine cable was… Lire plus

Relying on a greater dose of private sector involvement (and investment), Nigeria is taking a multi-modal approach to its transport needs. Road, rail, water and air are all part of the solution. Road congestion, long delays to unload container ships, lack of public interest in rail transport, long urban commutes – the list of headaches… Lire plus

New government tax regulations regarding transfer pricing are to be introduced in 2012, with implications for many companies – both multinationals and others. Ken Igbokwe,Country Head As the Nigerian economy diversifies away from its traditional oil & gas mainstay, tax authorities are awakening to the need for proper transfer pricing (TP) regulations. The increasing scale… Lire plus

By the end of 2012, the Nigerian government will have sold off 18 power assets to private investors. PwC experts explain the privatization process. Uyi Akpata, Head ofEnergy & Utilities Initiated in 2001, the power reforms in Nigeria included the dissolution of old structures, their replacement with new administrations and regulatory bodies, and the creation… Lire plus

The Nigerian government is waking up to the fact that agriculture can play a key role in lessening the country’s dependence on oil, reduce food imports and feed its people. Despite its huge population and vast arable land, Nigeria agriculture capacity has dwindled in recent years. The country spends trillions of Naira annually on food… Lire plus

Nigeria is far richer in other minerals than the petroleum endowment for which it is best known. Nigeria has more than 34 solid minerals, including coal, bitumen and tars, gold, iron ore and barite in vast (and mostly untapped) deposits in over 450 locations nationwide that can be mined commercially. Nigeria’s solid minerals cover about… Lire plus

After decades of neglect, Nigerian electricity generation is being addressed. A reform program involving government regulation and partial privatization of electricity generation, transmission and distribution, aims to fill the gap between power supply and demand. Current energy supply Nigeria relies on two principal sources for its energy production: hydro-electric power and thermal plants (gas-fired). Large… Lire plus

One of the benefits of the ongoing reforms in Nigeria’s oil and gas industry, especially the downstream sector, is to make it attractive to foreign investors. Already numerous local operators are entering Nigeria because of the turnaround on investment and easy access to funding from Nigerian banks to run their operations. Indeed, the downstream sector… Lire plus

Nigeria relies heavily on its oil revenues to the detriment of its other abundant resources. Petroleum is Nigeria’s largest industry and main generator of income. The government, however, is trying to reduce the country’s dependence on petroleum. In 2000, for example, oil accounted for 98% of export earnings and 40% of GDP while today it… Lire plus

Government should not be fixated on introducing new taxes and increasing tax rates on the already over-burdened businesses and taxpayers rather than helping them grow and thereby increasing the tax base and tax revenue. Taiwo OyedelePartner Tax and CorporateAdvisory Services UnitPwC Nigeria The World Economic Forum in its 2011-2012 global competitiveness report ranked Nigeria 127… Lire plus

Setting up a business in Nigeria can be complicated. But the prospect of good returns on investment can make it worthwhile. Compared to many countries setting up a new business in Nigeria is a challenge. Globally, Nigeria stands at 116 in the ranking of 183 economies on the ease of starting a business, according to… Lire plus

Nigeria has taken steps to tap into its enormous economic potential, but challenges remain. The Nigerian government’s current economic policies are focused on addressing key infrastructural shortcomings as a crucial element in setting the stage for longer-term stable growth in an effort to break the past 30 years of uncontrolled boomand- bust cycles. In recent… Lire plus

Petroleum exports are the main factor behind Nigeria’s growth and accounted for 88% of total exports in 2010. Nigeria has an enormous amount of non-oil resources, but most of these are yet to be fully tapped. The value of Nigeria’s total exports (oil and nonoil) increased from slightly more than $24 billion in 2003 to… Lire plus

Nigeria already receives the largest amount of foreign direct investment (FDI) in Africa but a series of reforms is making the country even more attractive to outside investment. Foreign direct investment inflows to Nigeria have grown from $1.14 billion in 2001 to $8.6 billion in 2009, according to the World Bank. Although FDI declined to… Lire plus

Lire plus

Nigeria is a federal constitutional republic with 36 states which are sub-divided into 774 Local Government Areas (LGAs), and the Federal Capital Territory, Abuja. With a population of more than 155 million, Nigeria is the most populous country in Africa and the eighth most populous country in the world. Nigeria has six cities with a… Lire plus

Morocco continues its upward trend. This year will see challenges from ongoing efforts in the energy and extractive sectors, but the reforms that King Mohamed VI initiated after he came to the throne in 1999 are taking hold. The basics of the Moroccan economy remain stable in spite of the crisis and the country displays… Lire plus

The Kingdom of Morocco is the westernmost country in North Africa. With a population of about 32 million inhabitants and an area of 710,850 square kilometers, Morocco is part of the Maghreb region, which also includes Tunisia, Algeria, Mauritania, and Libya, with which it shares cultural, historical and linguistic ties. Morocco is a constitutional monarchy… Lire plus

1 Stable political environment Morocco is the safest and most stable country in the Middle East and North Africa region for investors. Morocco is a democratic and social constitutional monarchy. Since coming to the throne in 1999, King Mohamed VI has pursued many democratic reforms. The King appoints the prime minister who then appoints a… Lire plus

Morocco believes that a strong automotive manufacturing base can bring employment and export currencies. Fiat and Renault share that vision and is it now becoming a reality. Until recently, Morocco was like most emerging markets when it came to cars – they were mostly imported. For the kingdom, the first step towards car manufacturing came… Lire plus