November 23, 2020/Cowry Asset Report In line with our expectation, Nigeria’s economy went into recession as it printed two consecutive quarters of negative growth rates. Specifically, the country’s real Gross Domestic Product contracted y-o-y by 3.62% to N17.82 trillion in Q3 2020, albeit better than a 6.10% contraction printed in […]
OPINION/EDITORIAL
Oil and Gas Discoveries and Activity in Southwest Africa Set to Open New Basins for Development and Trigger Big Investments in Namibia, Angola and South Africa
This is a time for the oil and gas companies that are involved in these mega-opportunities to redouble their efforts to support local communities and people November 23, 2020/AEC By NJ Ayuk, Executive Chairman, African Energy Chamber Last spring, the Maersk Voyager, an ultra-deepwater drillship under contract by French supermajor […]
How Fragile States Like South Sudan Are Coping With COVID-19
IMF Country Focus November 20, 2020/IMF By Amina Lahreche and Niko Alfred Hobdari IMF African Department On November 11, 2020, the International Monetary Fund granted the Republic of South Sudan a $52 million emergency disbursement under the Rapid Credit Facility to help its economy weather the shock of the COVID-19 […]
