Courtesy of Visual Capitalist, a look at global internet speeds by region. Interesting to speculate how African economies may be transformed when internet capacity reaches that of the rest of the world: In today’s fast-paced world, internet speed isn’t just a convenience—it’s the driving force behind how we work, play, and connect. In this map, […]
Read more »Via WhyAfrica, a report on Mali’s mineral exploration budget, which declined in 2023 as the risks of doing business in the country mount: According to the report, Africa’s exploration budget was USD1.27-billion for 2023, down 3.4%, slightly more than the global average. The largest decline came from Mali as the country’s budget dropped by USD71-million, or 46%, […]
Read more »Courtesy of The Africa Report, a look at how Egypt’s economic crisis has led to even more investment interest from Gulf countries, particular opportunities in education and healthcare: Over the last three years, Saudi Arabia and the United Arab Emirates (UAE) have dominated Egypt’s mergers and acquisitions (M&A) scene, with activity set to intensify within […]
Read more »Via Reuters, an article on disruptions to South Sudan’s oil pipeline: The main pipeline carrying oil from South Sudan through Sudan for export has been suffering stoppages since last month due to problems linked to the war between Sudan’s army and the Rapid Support Forces (RSF), according to three Sudanese officials. A March 16 letter […]
Read more »Courtesy of The Africa Report, an article on Ethiopia’s look to Russia for economic assistance: Having emerged from a devastating civil war that destroyed its once-vibrant economy and staring at a humanitarian catastrophe, Ethiopia is looking east in a bid to help the country revitalise its public finances. This year, Ethiopia joined BRICS+ newcomers Iran, […]
Read more »Courtesy of Energy, Capital & Power, an article on South Sudan’s efforts to find investors for a new oil refinery: South Sudan’s national oil company Nilepet is calling on investors to secure funding for the construction of an oil refinery in the country’s Block 5A. According to Director General of Finance, Services and Administration at […]
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