A Commentary on African Business & Economic Environment in 2015

African Journal of Business and Economic Research, Vol. 10, Issue 1, pp. 5-24, 2015

20 Pages Posted: 23 Jun 2015 Last revised: 24 Jun 2015

See all articles by Nnamdi O. Madichie

Nnamdi O. Madichie

School of Business, Law and Social Sciences, University of Abertay, Dundee

Date Written: June 23, 2015

Abstract

Sub-Saharan African (SSA) countries are re-living the developments of 2014 and the first quarter of 2015. News headlines have been mixed as usual – from Nigeria’s historical election ousting a hitherto dominant party, amidst the government’s efforts in tackling Islamic Militants’ insurgency in Northern Nigeria to the botched coup d’état in Burundi. Sadly South Africa’s xenophobic attacks against fellow African immigrants has painted a very dismal picture for the number #2 economy in SSA. Meanwhile even as Liberia has been declared “Ebola-free” the virus has not yet been contained, but nonetheless disappeared from media headlines. Overall Doing Business in Africa remains a challenge – as labour flight conflates capital flight, and the millennium development goal confirms its place as an own-goal. Perhaps the private sector’s stepping-up to substitute for the State may well be the future of SSA. Overall, this commentary introduces papers in this first issue of 2015, with new entrants from South Africa and Tunisia.

Keywords: Africa Rising, International Migration, Capital Flight, Doing Business in Africa, Economic Growth

JEL Classification: B22, D69, F21, F22, F43

Suggested Citation

Madichie, Nnamdi O., A Commentary on African Business & Economic Environment in 2015 (June 23, 2015). African Journal of Business and Economic Research, Vol. 10, Issue 1, pp. 5-24, 2015. Available at SSRN: https://ssrn.com/abstract=2622160

Nnamdi O. Madichie (Contact Author)

School of Business, Law and Social Sciences, University of Abertay, Dundee ( email )

Bell Street
Dundee, DD1
United Kingdom

HOME PAGE: http://https://www.abertay.ac.uk/schools/school-of-business-law-and-social-sciences/

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