Via The Geopolitics, an article on the growing economic resurgence of Africa: Clearly, the horses have changed. There is a whole new breed of countries surging forward with stellar economic growth patterns; geographically, while there are some countries that have more or less retained their positions through the years, the spotlight has shifted from the […]
Read more »Via Bloomberg, an article on increasing investment interest in West Africa: West Africa eurobonds on average saw better returns than peers China investment to region has surpassed East, Southern Africa Investors in West African countries are enjoying the best returns on the continent, and are shifting money flows to a region that’s performed well despite […]
Read more »Via Bloomberg, a look at how Senegal has joined the group of African nations that have had energy hopes dashed, with oil finds weighing on their financial situations: The last thing Senegal needed in its long-drawn-out effort to capitalize on large oil and gas finds off its coast was political turmoil. Africa’s newest natural gas […]
Read more »Courtesy of The Africa Report, a report on Dangote’s billion-dollar investment in phosphate in Senegal – a project once envisaged in Togo: While Senegal encounters turbulence over its elections timetable, this has not affected Aliko Dangote’s confidence in the country. The Nigerian cement magnate has announced his intention to invest a billion dollars in phosphate in […]
Read more »Via The Washington Post, a look at African production of natural gas and how it poses a vexing climate challenge: As a young geologist working for Senegal’s state-owned petroleum company in the 1990s, Macky Sall was charged with prospecting for oil and gas in this West African nation. For years, he and his colleagues came […]
Read more »Courtesy of The Africa Report, a look at Saudi Arabia’s ambitious economic foray into Africa as part of its drive to become a global power that is less reliant on energy: The monarchy hosted a Saudi-Arab-African economic conference in Riyadh in November, where it committed more than $500m into projects and investments in Africa through […]
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