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April 12, 2011 01:31 PM Eastern Daylight Time 

Research and Markets: Francophone West Africa Business Forecast Report Q2 2011

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/36dad4/francophone_west_a) has announced the addition of the "Francophone West Africa Business Forecast Report Q2 2011" report to their offering.

“Francophone West Africa Business Forecast Report Q2 2011”

Economy Returns To Form, But Slowdown Still On Course

Although West Africa continues to benefit from the strengthening global recovery, the outlook is not uniformly positive. While Guinea, for example, has emerged from elections in a relatively strong and stable position, the stalemate in Cte d'Ivoire is now threatening to do serious damage to the economy. These examples serve as a reminder of the role that political risk can play in determining economic outcomes, especially in a year with so many elections scheduled.

The main countries to watch in the Francophone West African space are Niger (March 2011), Cameroon (October 2011) and Senegal (2012). Elsewhere in West Africa, the outlook for Cte d'Ivoire has deteriorated markedly over the past several months, as presidential claimant Alassane Ouattara and incumbent Laurent Gbagbo remain locked in dispute over who won the run-off in November 2010.

The core scenario is now for the country to remain in a de facto divided state, meaning that growth will fall to just 1.2% in 2011 as government spending and investment contract, exports are restricted and strikes flourish. This is significantly worse than the 5.5% growth BMI had been predicting in the event of a successful election. A third country to watch in 2011 is Burkina Faso, where incumbent Blaise Compaor won an easy victory in presidential elections in November 2010. Although elections were deemed to be free and fair, enthusiasm for the president's agenda appears to be waning. The longer he stays in power without delivering any improvement in living standards to the average citizen, the greater the risk of popular sentiment turning against him.

Key Topics Covered:

  • BMI Ratings
  • BMI Risk Ratings - Africa Tables
  • Executive Summary
  • Economy Returns To Form, But Slowdown Still On Course
  • Chapter 1.1: Country Focus - Cte d'Ivoire
  • Chapter 1.2: Economic Outlook - Cte d'Ivoire
  • Chapter 1.3: 10 Year Forecast - Cte d'Ivoire
  • Chapter 1.4: Business Environment - Cte d'Ivoire
  • Chapter 2: Country Reports
  • Chapter 3: BMI Global Assumptions

For more information visit http://www.researchandmarkets.com/research/36dad4/francophone_west_a

Contacts

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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