Photo Credit: malick/Adobe Stock IMF COUNTRY FOCUS July 12, 2023/IMF After slowing to 4.7 percent in 2022, growth in Senegal is projected to rebound to over 5.3 percent this year, due in part to an emerging oil and gas industry. This makes Senegal one of the strongest growing economies in […]
OPINION/EDITORIAL
Persistent Weak Trend in Capital Importation; Declined by 28% YoY to US$1.1bn in Q1 2023
July 11, 2023/FBNQuest The National Bureau of Statistics’ (NBS) most recent data on capital importation show that the total value of capital imported into Nigeria improved slightly by 7% q/q to USD1.1bn in Q1 ’23. However, on a y/y basis, the value of capital declined by -28%, due to marked […]
Harnessing Wind Power for a Sustainable Grid Expansion
With advancements in technology and the decreasing costs of wind turbines, wind power has become increasingly cost-effective and competitive with traditional energy sources July 11, 2023/Siemens Gamesa By Janek Winand, Managing Director South Africa, Siemens Gamesa South Africa’s energy challenges with daily power cuts and regular load shedding have put the […]
