Top 5 Business Risks for West Africa
Signs of economic recovery for West Africa as Nigeria exists recession - Militancy and political uncertainty remain key risks for business in 2018.
As Nigeria exits the recession of 2017, investor sentiment across West Africa is likely to experience an uplift in 2018. Still, political uncertainty ahead of Nigeria's 2019 presidential elections and ongoing security concerns are among the key risks for businesses operating in the region, says specialist global risk consultancy Control Risks (www.controlrisks.com) in their annual political and security risk forecast 'RiskMap'.
Control Risks' Senior Partner for West Africa Tom Griffin comments: "In Nigeria, although the presidential elections are next slated for 2019, campaigning has already started. The uncertainty that generates, as well as the need for cash that an election brings, meant that political instability and regulators whose actions will be difficult to predict remain among our top risks for businesses in the year ahead."
Read the full article via www.securityfocus.com, here.