With sanctions still hanging over its head, the country can do little to keep its economy competitive.
News of Nigeria emerging as Africa’s largest economy is cold comfort for the majority of Nigerians who live below the poverty line. But greater investor scrutiny may compel authorities to pursue reforms.
Morocco is expected to emerge as the fastest growing economy in North Africa, with its GDP rising 3.8% in 2014 and nearly 5% in 2015.
Iraqi oil production surged to a 35-year high in February, but political tensions are also reaching new heights.
Egyptian Army chief Field Marshal Abdel Fattah al-Sisi may not look like a model democrat, but foreign and local businessmen believe he can deliver stability to open up investment opportunities in the most populous Arab nation.
Huge reserves can transform the country’s economy, but bureaucracy is stifling the sector’s development.
Nations are concerned about a Soviet empire revival after the regional superpower intervened in Crimea.
The Sub-Saharan nation may boast extensive natural wealth, but a poor business climate stifles expansion.
The kingdom has been outpaced by other GCC members as internal conflict continues to hit business confidence.
The country faces downside risks including an emerging market slowdown that could lower commodity exports.