Richard Nield
Richard Nield
Richard Nield
Richard Nield
Richard Nield

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South Sudan budget sets unrealistic expectations

CNBC – 25 July 2014

In late June, South Sudan’s finance minister Aggrey Tisa presented an unfathomable budget to parliament for July 2014 to June 2015.

While in a state of war, and with a complete oil shutdown in Unity state and a partial shutdown in Upper Nile, the ministry of finance has decided that it can increase spending on government agencies.

To achieve this, it believes that it can increase oil income by 23% and non-oil revenue by 35%. This is wildly unrealistic.

The budget is very much a budget for war. Military spending has increased from 47% to 56%, while spending on health and education combined amounts to just 11%. Just 4% is devoted to infrastructure development.

This is an interview I did on the subject for CNBC’s Closing Bell Africa programme.

Bouteflika win likely in Algeria amid dissent

Despite unprecedented opposition protests, Algerians are poised to re-elect president to fourth term.

Al Jazeera – 13 April 2014

A group of protesters gathered last month at Algiers University in the centre of the city, ready to demonstrate against Abdelaziz Bouteflika’s decision to run for a fourth consecutive term as president of Algeria. Police were there early, in heavy numbers, to ensure that the demonstration did not spread beyond the Fac Centrale d’Alger.

“There were not more than 100 protesters, but there were probably three times as many police,” said Kamal Benkoussa, who is supporting Barakat (“Enough” in Arabic), a civil society movement established in early 2014 to campaign against Bouteflika’s fourth mandate and in favour of a democratic transition in Algeria.

The protest was the latest in a series of Barakat-organised demonstrations against Bouteflika’s decision to run in the presidential elections, scheduled for April 17.

“The police made a human wall to make it impossible for people to walk on the street. We had to stay in a very small space in front of the university. People were worried that if they walked on the street, they’d be arrested,” Benkoussa, who withdrew from the presidential campaign on the news that Bouteflika was standing for re-election, told Al Jazeera.

(more…)

Morocco Projects Market 2014 report published

A comprehensive overview of the fast-emerging Morocco projects market

12 March 2014

Morocco is an increasingly important projects market. As the GCC projects market runs the risk of saturation, Morocco, blessed with a well-educated population, growing economy and stable political environment is increasingly being viewed as a viable alternative market for contractors, consultants and suppliers alike.

Without meaningful oil and gas reserves, Morocco has diversified its economy to focus on other key sectors. It is a regional leader for high-speed rail, renewable energy and fertilisers, while other sectors such as mining and tourism are attracting growing amounts of investment and interest.

The latest in a series of market intelligence reports I’ve written for MEED Insight, the Morocco Projects Market 2014 report outlines the major project opportunities in the kingdom sector by sector. The first MEED Insight report on Morocco, this report looks at the key clients and contractors, the historic, current and future sizes of each sector, the major challenges, the key government and private strategies for each sector, and it also provides a political and economic overview. (more…)


Algeria

President Abdelaziz Bouteflika Algeria
Bouteflika win likely in Algeria amid dissent

Despite unprecedented opposition protests, Algerians are poised to re-elect president to fourth term…

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South Sudan

Richard Nield talks on CNBC about South Sudan budget
South Sudan budget sets unrealistic expectations

CNBC – 25 July 2014 In late June, South Sudan’s finance minister Aggrey Tisa presented a…

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Film

Ali and Fatmeh and their family face eviction from their home in Mafraq, northern Jordan
Six days remain to fund groundbreaking documentary on Jordan’s impending humanitarian crisis

After months of production work on The Second Crisis - a groundbreaking documentary about the devast…

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Broadcast

Richard Nield talks on CNBC about South Sudan budget
South Sudan budget sets unrealistic expectations

CNBC – 25 July 2014 In late June, South Sudan’s finance minister Aggrey Tisa presented a…

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Business intelligence

Morocco Projects Report 2014
Morocco Projects Market 2014 report published

A comprehensive overview of the fast-emerging Morocco projects market 12 March 2014 Morocco is an in…

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