Cross Industries Gulf Cooperation Council and Africa's Economic Diversification and Emerging Non-Oil Growth Opportunities

Green Energy Transition, Manufacturing Localization, and an Innovation-driven Digital Economy to Stimulate the Non-Oil Economy through 2030


RELEASE DATE
07-Aug-2023
REGION
Africa
DELIVERABLE TYPE
Market Research

RESEARCH CODE
PEEE-01-00-00-00
SKU
TEMP_2023_63
Yes
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Gulf Cooperation Council and Africa's Economic Diversification and Emerging Non-Oil Growth Opportunities
Published on: 07-Aug-2023 | SKU: TEMP_2023_63

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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 diversification by undertaking an amalgamation of socioeconomic, business, trade, and technological initiatives. These are indicative of the regions’ long-term growth prospects across industries, including infrastructure, green energy, logistics, and tourism. Structural reforms and transformative shifts will also help to build economic resilience and contribute toward the growth of these economies in a post-hydrocarbon future.

This macroeconomic thought leadership provides megatrends and thematic analysis for diversification trajectories of key GCC and African economies such as Bahrain, Saudi Arabia, Kuwait, Oman, the United Arab Emirates, Angola, Algeria, Egypt, Gabon, Ghana, Nigeria, and the Republic of Congo. Decision-makers can utilize country-specific insights about the evolution of megatrends related to diversification away from oil and identify industries that are emerging as investment hotspots in the non-oil sectors.

Key Features

Key topic areas covered in this research include the following:

  • Future beyond oil: GCC & Africa 
  • Megatrends shaping the beyond-oil diversification movement
  • Vision plans supporting a diversification agenda
  • Focus areas emerging from diversification

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Gulf Cooperation Council (GCC) and African Countries

Growth Opportunities Fuel the Growth Pipeline Engine™

GCC and Africa’s Economic Environment: An Overview

Key Economic Metrics: Select GCC and African Oil and Gas Exporting Nations

Growth Drivers: Select GCC and African Oil and Gas Exporting Nations

Growth Restraints: Select GCC and African Oil and Gas Exporting Nations

Need for Economic Diversification in Oil and Gas Economies

Dimensions of Economic Diversification

Dimensions of Economic Diversification (continued)

1: Agriculture and Extractive Industries1 to Drive Growth

2: High Value-added Manufacturing and Services Growth to Dominate

3: Public–Private Partnerships (PPPs) to Cement Domestic Capabilities

4: Solar, Wind, and Green Hydrogen to Lead the Clean Energy Choices

Vision Plan Benchmarking: Select Economies

Vision Plan Benchmarking: Select Economies (continued)

Rapid Green Energy Transition

Rapid Green Energy Transition: Country Benchmarking Analysis

Expansion of Catalytic Infrastructure

Expansion of Catalytic Infrastructure: Country Benchmarking Analysis

Socioeconomic Upliftment

Socioeconomic Upliftment: Country Benchmarking Analysis

Building Soft Power1 Influence

Building Soft Power Influence: Country Benchmarking Analysis

Growth Opportunity 1: Tourism and Allied Sectors

Growth Opportunity 1: Tourism and Allied Sectors (continued)

Growth Opportunity 2: Heavy-weight Industries1

Growth Opportunity 2: Heavy-weight Industries (continued)

Growth Opportunity 3: Digital Transformation

Growth Opportunity 3: Digital Transformation (continued)

Growth Opportunity 4: Agriculture, Aquaculture, and Allied Sectors

Growth Opportunity 4: Agriculture, Aquaculture, and Allied Sectors (continued)

Growth Opportunity 5: Renewables and Unconventional Fossil Fuel Industries

Growth Opportunity 5: Renewables and Unconventional Fossil Fuel Industries (continued)

Appendix

Appendix (continued)

Appendix (continued)

Appendix (continued)

List of Exhibits

Legal Disclaimer


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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 diversification by undertaking an amalgamation of socioeconomic, business, trade, and technological initiatives. These are indicative of the regions’ long-term growth prospects across industries, including infrastructure, green energy, logistics, and tourism. Structural reforms and transformative shifts will also help to build economic resilience and contribute toward the growth of these economies in a post-hydrocarbon future. This macroeconomic thought leadership provides megatrends and thematic analysis for diversification trajectories of key GCC and African economies such as Bahrain, Saudi Arabia, Kuwait, Oman, the United Arab Emirates, Angola, Algeria, Egypt, Gabon, Ghana, Nigeria, and the Republic of Congo. Decision-makers can utilize country-specific insights about the evolution of megatrends related to diversification away from oil and identify industries that are emerging as investment hotspots in the non-oil sectors.--BEGIN PROMO--

Key Features

Key topic areas covered in this research include the following:

  • Future beyond oil: GCC & Africa 
  • Megatrends shaping the beyond-oil diversification movement
  • Vision plans supporting a diversification agenda
  • Focus areas emerging from diversification
More Information
Deliverable Type Market Research
Author Krishamonish Mistry
Industries Cross Industries
No Index No
Is Prebook No
Keyword 1 Economy Of Energy
Keyword 2 Innovation Economy
Keyword 3 Non-Oil Economy
Podcast No
WIP Number PEEE-01-00-00-00

Gulf Cooperation Council and Africa's Economic Diversification and Emerging Non-Oil Growth Opportunities

$2,450.00

Special Price $1,837.50 save 25 %

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TEMP_2023_63