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During the past decade, policy tied to diversification into the non-oil economy has taken center stage as GCC and African oil and gas exporters prioritize expansion of the non-oil economies through their long-term vision plans. Despite challenging global economic conditions, several GCC and African countries are accelerating their pace of economic ...

Due to economic and political uncertainties, African economies such as South Africa and Nigeria are expected to witness slow growth in 2017. On the contrary, improving economic conditions in Kenya and Morocco will support moderate growth. Despite differences in terms of economic growth prospects, high priority is placed on the development of transp...

The market for power plant maintenance repair and overhaul strategies (MRO) in sub-Saharan Africa is growing. MRO Service providers who will be able to offer competitive prices without compromising financial results, a strong after-sale support service with a clear emphasis on labor force availability, and flexible payment terms will be in pole pos...

27 Oct 2021  |  Africa  |  Market Research

Middle East & Africa Defense Industry Growth Opportunities

Strategic Partnering to Transform Indigenous Defense Capabilities

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The Middle East and Africa (MEA) defense spending forecast for 2021–2030 will undergo a period of instability and high levels of tension due to the COVID-19 pandemic and the economic and national instability in the region. Major points of interest that could have an impact on geopolitical relations and a cascading effect on the wider defense indust...