OPINION/EDITORIAL

The Dangote Foods Merger: Another Behemoth?

September 5, 2023/Cordros Report On July 31, 2023, following deliberations by their respective boards, Dangote Sugar Refinery Plc (DANGSUGAR), NASCON Allied Industries Plc (NASCON) and Dangote Rice Limited (DRL) announced the proposed merger of the entities to form one enlarged company, with DANGSUGAR becoming the surviving entity. Whilst the merger […]

Oil Prices Jump As Russia And Saudi Arabia Extend Cuts

September 5, 2023/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices jumped dramatically on Tuesday morning as Saudi Arabia announced it would extend its production cuts until the end of the year and Russia announced it would extend its export cuts of 300,000 bpd for the same period. Chart of the Week […]

Time for Transformation

(Credit: Magda Azab) September 5, 2023/IMF For centuries, Arab nations led the world in the pursuit of knowledge and in scientific innovation and were among the most economically advanced places on Earth. Today, the Middle East and North Africa are at a crossroads. We explore the choices these politically and […]