March 2, 2024
AnalysisOil Linkages
State-led development in Angola and Nigeria
Oil and gas producers in Africa face unique challenges in pursuing state-led development. The resource curse, and specifically the phenomenon of “Dutch disease”, which inflates the value of the local currency, makes exporting local products abroad difficult. As long as…
December 5, 2023
AnalysisSectoral Strategy
Free trade and the resurgence of industrial policy in Africa
Industrial policy in Africa is back. Beginning last January, Nigeria moved forward with the second phase of its “Sugar Master Plan,” a flagship industrial policy that began in 2013 to stimulate domestic production. It does this by offering numerous incentives…