Japanese Prime Minister Shinzo Abe's three country tour of Africa indicates that Tokyo is seeking to expand its political and economic links to the continent. While Japanese firms are influential in certain sectors of the African economy - notably automotives - we doubt that Prime Minister Abe will succeed in establishing his country as a major player in the region. Japanese demand for natural...
We forecast that economic growth in Sub-Saharan Africa will pick up steam in 2014 due to improving global demand and sustained momentum for domestically-driven economic activity. Over the coming 12 months, we will be keeping a close eye on several key issues including the South African elections, new eurobond issuance and the transition of central bank governor in Nigeria.
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Thanks, BMI Research