Our Consulting Services and Operations are currently ongoing in the following countries:
South Africa has a mixed economy, the largest in Africa in terms of both nominal GDP (at $375.944 billion) and GDP at purchasing power parity (at $608.804 billion). It also has a relatively high GDP per capita compared to other countries in Sub-Saharan Africa ($11,750 at PPP as of 2012). The South African agricultural industry contributes around 10% of formal employment, relatively low compared to other parts of Africa, as well as providing work for casual labourers and contributing around 2.6% of GDP for the nation. Due to the aridity of the land, only 13.5% can be used for crop production, and only 3% is considered high potential land. In August 2013, South Africa was ranked as the top African Country of the Future by FDi magazine based on the country's economic potential, labour environment, cost-effectiveness, infrastructure, business friendliness, and Foreign Direct Investment Strategy.
Democratic Republic of Congo (Drc)
The Democratic Republic of Congo is widely considered to be the richest country in the world regarding natural resources; its untapped deposits of raw minerals are estimated to be worth in excess of US$ 24 trillion. The Congo has 70% of the world's coltan, a third of its cobalt more than 30% of its diamond reserves, and a tenth of its copper. In the Democratic Republic of the Congo, there are both coal and crude oil resources that were mainly used domestically in 2008. The Democratic Republic of Congo has infrastructure for hydro-electricity from the Congo River at the Inga dams. The Democratic Republic of Congo also possesses 50% of Africa's forests and a river system that could provide hydro-electric power to the entire continent, according to a UN report on the country's strategic significance and its potential role as an economic power in central Africa.
Nigeria is the United States' largest trading partner in sub-Saharan Africa and supplies a fifth of its oil (11% of oil imports). It has the seventh-largest trade surplus with the US of any country worldwide. Nigeria is the 50th-largest export market for US goods and the 14th-largest exporter of goods to the US The United States is the country's largest foreign investor. Nigeria is the 12th largest producer of petroleum in the world and the 8th largest exporter, and has the 10th largest proven reserves. Nigeria also has a wide array of underexploited mineral resources which include natural gas, coal, bauxite, tantalite, gold, tin, iron ore, limestone, niobium, lead and zinc. Nigeria has one of the fastest growing telecommunications markets in the world, major emerging market operators (like MTN, Etisalat, Zain and Globacom) basing their largest and most profitable centres in the country. Agriculture used to be the principal foreign exchange earner of Nigeria. At one time, Nigeria was the world's largest exporter of groundnuts, cocoa, and palm oil and a significant producer of coconuts, citrus fruits, maize, pearl millet, cassava, yams and sugar cane.
Angola's economy has undergone a period of transformation in recent years, moving from the disarray caused by a quarter century of civil war to being the fastest growing economy in Africa and one of the fastest in the world, with an average GDP growth of 20 percent between 2005 and 2007. In the period 2001–2010, Angola had the world's highest annual average GDP growth, at 11.1 percent. China is Angola's biggest trade partner and export destination as well as the fourth-largest importer. Bilateral trade reached $27.67 billion in 2011, up 11.5 percent year-on-year. China's imports, mainly crude oil and diamonds, increased 9.1 percent to $24.89 billion while China's exports, including mechanical and electrical products, machinery parts and construction materials, surged 38.8 percent. The overabundance of oil led to a local unleaded gasoline ``pricetag`` of £0.37 per gallon. The Economist reported in 2008 that diamonds and oil make up 60 percent of Angola's economy, almost all of the country's revenue and are its dominant exports. Growth is almost entirely driven by rising oil production which surpassed 1.4 million barrels per day (220,000 m3/d) in late 2005.
The Zambian economy has historically been based on the copper mining industry. In 2002, following privatisation of the industry, copper production rebounded to 337,000 metric tons. Improvements in the world copper market have magnified the effect of this volume increase on revenues and foreign exchange earnings. In 2003, exports of nonmetals increased by 25% and accounted for 38% of all export earnings, previously 35%. The Zambian government has recently been granting licenses to international resource companies to prospect for minerals such as nickel, tin, copper and uranium. It is hoped that nickel will take over from copper as the country's top metallic export. Agriculture also plays a very important part in Zambia's economy providing many more jobs than the mining industry.
Ivory Coast has, for the region, a relatively high income per capita (USD 960 in 2007) and plays a key role in transit trade for neighboring, landlocked countries. The country is the largest economy in the West African Economic and Monetary Union, constituting 40 percent of the monetary union’s total GDP. The country is the world's largest exporter of Cocoa beans, and the fourth largest exporter of goods, in general, in sub-Saharan Africa (following South Africa, Nigeria and Angola). In 2009, the cocoa bean farmers earned $2.53 billion for cocoa exports and are expected to produce 630,000 metric tons in 2013. In recent years Ivory Coast has been subject to greater competition and falling prices in the global marketplace for its primary agricultural crops: coffee and cocoa.
Gabon's economy is dominated by oil. Oil revenues comprise roughly 46% of the government's budget, 43% of gross domestic product (GDP), and 81% of exports. Gabon's oil revenues have given it a strong per capita GDP of $8,600, extremely high for the region. The economy is highly dependent on extraction of abundant primary materials. Prior to the discovery of oil, logging was the pillar of the Gabonese economy. Today, logging and manganese mining are the other major income generators. Recent explorations point to the presence of the world's largest unexploited iron ore deposit. The government has used oil revenue for school construction, paying teachers' salaries, and promoting education, including in rural areas.
Kenya's economy grew by more than 7% in 2007, and its foreign debt was greatly reduced. So far the economy has seen much expansion, seen by strong performance in tourism, higher education and telecommunications, and acceptable post-drought results in agriculture, especially the vital tea sector. Kenya has traditionally been a liberal market with minimal government involvement (price control) seen in the oil industry. However, recent legislation allows the government to determine and gazette price-controls on essential commodities like maize flour, kerosine and cooking oil. Privatisation of state corporations like the defunct Kenya Post and Telecommunications Company, which resulted in East Africa's most profitable company – Safaricom, has led to their revival because of massive private investment.