OPINION/EDITORIAL

Africa Boosts Upstream Activities to Amplify Oil and Gas Production

African hydrocarbon producing countries are increasing oil and gas licensing rounds to be able to stabilize supply of hydrocarbons in years to come to meet growing energy demand as output in legacy projects declines. Image Credit: AEC June 1, 2022/AEC The introduction of more oil and gas exploration and production […]

Dollar Dominance and the Rise of Nontraditional Reserve Currencies

(Image: Oleksandr/AdobeStock) Chart of the Week June 1, 2022/IMFBlog By Serkan Arslanalp, Barry Eichengreen and Chima Simpson-Bell The US dollar has long played an outsized role in global markets. It continues to do so even as the American economy has been producing a shrinking share of global output over the […]

Agriculture Sector Expands by 3.2% Y/Y in Q1-2022

June 1, 2022/United Capital Research The NBS estimated that the agriculture sector grew by 3.2% y/y in Q1-2022, down from 3.6% y/y in Q4-2021. Growth in crop production, which accounted for 92.1% of the sector’s output, moderated to 2.97% y/y, down by 91bps compared to the previous quarter. The livestock […]