OPINION/EDITORIAL

The Fierce Urgency of African Energy Banks

The AEC is calling upon African states and the private sector to fund the African Energy Bank, an institution which is focused on funding African energy projects December 2, 2024/AEC NJ Ayuk, Executive Chairman, African Energy Chamber For more than a year, the African Energy Chamber (AEC) has been pushing […]

Persistent Fall in Private Borrowing Brings Global Debt Down

(Credit: Fang Xia Nuo/iStock by Getty Images) December 2, 2024/IMFBlog By Vitor Gaspar, Carlos Gonçalves, and Marcos Poplawski-Ribeiro Global debt decreased about one percentage point to 237 percent GDP. The values for 2023 are now available from the just released IMF’s Global Debt Database. Global private debt fell by 2.8 percentage points […]

The Fierce Urgency of African Energy Banks

Image Credit: AEC December 2, 2024 By NJ Ayuk, Executive Chairman, African Energy Chamber. For more than a year, the African Energy Chamber (AEC) has been pushing back against steadily building pressure to halt new foreign investments in Africa’s oil and gas industry. To prevent catastrophic climate change, environmental organizations, […]