The scale of projects that could be financed in a country were then limited by the fiscal capabilities of that country and the sovereign guarantees it could provide August 15, 2024 By Ana Hajduka, founder and CEO of Africa GreenCo As Africa’s energy sector deregulates, exciting opportunities open up for […]
OPINION/EDITORIAL
Carbon Emissions from AI and Crypto Are Surging and Tax Policy Can Help
(Credit: Kodfilm/iStock by Getty Images) August 15, 2024/IMFBlog By Shafik Hebous and Nate Vernon-Lin What do crypto assets and artificial intelligence have in common? Both are power hungry. Because of the electricity used by high-powered equipment to “mine” crypto assets, one Bitcoin transaction requires roughly the same amount of electricity as […]
Nigeria July 2024 CPI: Domestic Prices Biased to the Downside in the Near Term
August 15, 2024/Cordros Report Headline inflation eased for the first time since December 2022, primarily supported by the high statistical base from last year’s corresponding period. Precisely, the National Bureau of Statistics (NBS) reported that Nigeria’s headline inflation eased by 80bps to 33.40% y/y in July 2024 (June: 34.19% y/y). […]
