FRONTIER ADVISORY IN THE MEDIA
Video: Dr Martyn Davies on Outlook for Africa in 2014
WHO WE ARE
Frontier Advisory is a research, strategy and investment advisory firm that assists clients to improve their competitiveness in emerging market economies.
At Frontier Advisory, we work with the leadership of clients in the private sector, public sector and non-governmental space to deepen their understanding and ability to succeed in frontier & emerging markets.
Nigeria's Economic Outlook
11 March 2015; IDC, Sandton, Johannesburg, 09h00-14h00
Nigeria assumed the position of Africa’s largest economy in 2014 and as such has attracted a great deal of investor interest. But 2015 is turning out to be a far more challenging year for Nigeria. The rapid drop in the oil price has been destabilising – negatively impacting the country’s revenue and currency value, not to mention threatening the development of key planned infrastructure projects. Despite the broadening of the economy with new sectors contributing to GDP, Nigeria remains very much oil dependent with almost 90% of its export revenue coming from this single commodity. Diversification into industry is imperative for deeper long-term development. However, despite the decline in oil prices, Nigeria’s growth outlook remains robust at 5% according to the IMF. Consumer-facing sectors remain the most buoyant and are benefiting extensively from this growth. But security concerns remain and the upcoming February elections may further compound the unstable situation.
Join us at the Frontier Forum along with leading thought-leaders and expert practitioners to discuss the outlook for Nigeria for this year and beyond.