OPINION/EDITORIAL

Short and long currency cycles

April 29, 2020/Coronation Report Last we noted that the Central Bank of Nigeria (CBN) is in no hurry to raise market interest rates and that – most of the time – Nigeria’s commercial banks are liquid, usually reporting over N500.0bn (US$1.3bn) in total closing balances. This situation is consistent with […]

East Africa’s Oil Industry: A New Story in the Making

The moving forward of the Lake Albert Development Project, and its export pipeline, is a major step forward de-risking other potential oil & gas projects in East Africa April 29, 2020/AEC The recent acquisition by Total of Tullow Oil’s entire interests in the Lake Albert Development Project in Uganda, including […]

African Food Imports to Top $110 Billion Annually by 2025

April 28, 2020/ ITP Communications Sub-Saharan Africa steps up efforts to boost local food & beverage manufacturing Opportunities for equipment suppliers as SSA looks to step up manufacturing capacity Countries across sub-Saharan Africa are actively seeking to reduce their dependence on food imports and grow local manufacturing, pointing to future […]