Frost Radar™ for Economic Development: Africa, 2021
South Africa, Egypt, and Nigeria Emerge as the African Leaders
28-Oct-2021
Africa
Frost Radar
The Frost Radar™ for Economic Development determines a region's future growth and development potential measured by its ability to enhance quality of life (QOL) for its citizens. This report explores Africa’s key strengths and weaknesses through country-level assessments of growth and innovation initiatives and then benchmarks each country on these 2 indices.
Buoyed by strong growth in agriculture, commodity prices, and a partial rebound in tourism amid prevalent risks to growth, the African economy is on the road to recovery from the pandemic in 2021. The Frost Radar™ for Economic Development: Africa, 2021, diagnoses the significant challenges to the region’s growth environment, including protracted vaccine shortages, weak fiscal health, and high commodity dependence among others. By measuring performance against the major sub-pillars of the Innovation in Education, Healthcare, Environment, Infrastructure, Human Rights, and Security, the Frost Radar™ offers broad-based insights into the regional economic pulse and identifies key drivers underpinning the growth momentum in the region, such as the Africa Continental Free Trade Area.
In this research, Frost & Sullivan indexes the top 10 economies in the African region, South and West Africa, and sub-Saharan Africa to determine what makes them the regional leaders. The Frost Radar™ is intended to empower governments, policy makers, investors, and businesses to identify strategic imperatives for future growth.
Key Issues Addressed
- What are the regional strategic imperatives for the governments in Africa?
- Which countries are the regional leaders for innovation?
- Which countries are the regional leaders for growth?
- How does East Africa compare to West African economic development?
- What are the driving forces for change in Africa?
- What policies and plans have aided in economic growth?
- What is the future growth potential of the African economies?

Frost Radar™ for Economic Development—Global Strategic Imperatives
Frost Radar™ for Economic Development—Growth Environment
Frost Radar™ for Economic Development—Regional Challenges
Frost Radar™ for Economic Development—Top 10 Countries in Africa
Frost Radar™ for Economic Development—Country Ranking, Africa
Frost Radar™ for Economic Development—Competitive Environment, Africa
Frost Radar™ for Economic Development—Top 10 Countries, South and West Africa
Frost Radar™ for Economic Development—Country Ranking, South and West Africa
Frost Radar™ for Economic Development—Competitive Environment, South and West Africa
Frost Radar™ for Economic Development—Top 10 Countries, Sub-Saharan Africa
Frost Radar™ for Economic Development—Country Ranking, Sub-Saharan Africa
Frost Radar™ for Economic Development—Competitive Environment, Sub-Saharan Africa
Significance of Being Among The Frontrunners
Frost Radar™ for Economic Development Empowers Governments/Policymakers
Frost Radar™ for Economic Development Empowers Investors
Frost Radar™ for Economic Development Empowers the CEO’s Growth Team
Frost Radar™ For Economic Development Framework—2 Axes, 7 Priorities
Frost Radar™ For Economic Development—Methodology
List of Countries, Africa
The Growth Axis—Economy, Investment, Citizens
The Innovation Axis—Six Pillars of Social Priorities
Legal Disclaimer
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
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Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. -
Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. -
Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. -
Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? -
Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
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INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. -
RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. -
PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. -
MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. -
CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
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GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. -
BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. -
COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. -
CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. -
PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Key Issues Addressed
- What are the regional strategic imperatives for the governments in Africa
- Which countries are the regional leaders for innovation
- Which countries are the regional leaders for growth
- How does East Africa compare to West African economic development
- What are the driving forces for change in Africa
- What policies and plans have aided in economic growth
- What is the future growth potential of the African economies
Deliverable Type | Frost Radar |
---|---|
Author | Sailee Sakhardande |
GPS Codes | 9A7B-EM |
Industries | Cross Industries |
No Index | No |
Is Prebook | No |
Podcast | No |
WIP Number | PB6B-01-00-00-00 |