John Campbell

Africa in Transition

Campbell tracks political and security developments across sub-Saharan Africa.

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Showing posts for "Markets"

Central African Republic: “It’s the Economy, Stupid!”

by Guest Blogger for John Campbell
Seleka fighters take a break as they sit on a pick-up truck in the town of Goya, June 11, 2014. 
(Goran Tomasevic/Courtesy Reuters) Seleka fighters take a break as they sit on a pick-up truck in the town of Goya, June 11, 2014. (Goran Tomasevic/Courtesy Reuters)

This is a guest post by Emily Mellgard, research associate for the Council on Foreign Relations Africa Studies program.

The devastating yet disorganized fury and violence over the past eighteen months in the Central African Republic (CAR) has caused the collapse of the state and defied traditional conflict labels and international quick-fixes. Read more »

Really, Really Rich People in Africa

by John Campbell
Nigeria's President Goodluck Jonathan (back L) looks on as Nigerian billionaire Aliko Dangote points to the site of a new cement plant branch during a commissioning ceremony at the Dangote cement factory in Obajana, Kogi state, June 11, 2012. (Akintunde Akinleye/Courtesy Reuters) Nigeria's President Goodluck Jonathan (back L) looks on as Nigerian billionaire Aliko Dangote points to the site of a new cement plant branch during a commissioning ceremony at the Dangote cement factory in Obajana, Kogi state, June 11, 2012. (Akintunde Akinleye/Courtesy Reuters)

According to Forbes, the first African ever has entered into the “top 25” of the world’s billionaires. He is Aliko Dangote, number 23. Forbes says that his net worth is now U.S. $25 billion up from $3.3 billion in 2007. His wealth is based on cement, but he is also investing in agriculture. Read more »

Guest Post: Investment in Nigeria Remains Strong Despite Insecurity

by Guest Blogger for John Campbell
Traders and shoppers crowd a market in Nigeria's main commercial city Lagos March 19, 2006. (George Esiri/Courtesy Reuters) Traders and shoppers crowd a market in Nigeria's main commercial city Lagos March 19, 2006. (George Esiri/Courtesy Reuters)

This is a guest post by Jim Sanders, a career, now retired, West Africa watcher for various federal agencies. The views expressed below are his personal views and do not reflect those of his former employers.

In his July 1 Reuters piece, Tim Cocks states that despite “bomb blasts, gun attacks airline crashes, kidnappings, industrial-scale oil theft, armed robberies and fraud costing billions of dollars…investors just keep coming.”  While acknowledging that violence and political instability have damaged PZ Cussons’ profit margin, for example, Cocks cites sources who believe “the demographic dividend is colossal.”  That is, in the long term, “Nigeria’s big population will turn into a massive consumer market.” Read more »

Guest Post: Nigeria Hit by Domestic, Regional, and Global Headwinds

by Guest Blogger for John Campbell
A view of the trading floor at the Nigerian Stock Exchange (NSE) at the end of trading hours in Lagos April 24, 2012. (Akintunde Akinleye/Courtesy Reuters) A view of the trading floor at the Nigerian Stock Exchange (NSE) at the end of trading hours in Lagos April 24, 2012. (Akintunde Akinleye/Courtesy Reuters)

This is a guest post by Jim Sanders, a career, now retired, West Africa watcher for various federal agencies. The views expressed below are his personal views and do not reflect those of his former employers.

Last month at the World Economic Forum on Africa in Addis Ababa, Ethiopia, the Africa Progress Panel’s 2012 Africa Progress Report highlighted the threat to Africa of “rising inequality and the marginalization of whole sections of societies.”  Experts warned that “inequality in sub-Saharan Africa could threaten political stability and growth after a decade of rapid economic expansion.” Read more »