Updates

Global Growth Outlook Improves, but Rate Hike Impact Still Ahead

March 14, 2023/Fitch Ratings Global growth prospects for 2023 have improved significantly since December, says Fitch Ratings in its latest Global Economic Outlook (GEO) report, but the impacts of rate hikes on the real economy still lie ahead and are likely to push the US economy into recession later this […]

To Develop Thriving Downstream Markets, Africa Needs Free Markets, Private Sector Participation

AEC Executive Chairman NJ Ayuk calls for Africa to cut the high energy taxes, create enabling environments for energy firms to thrive and reduce resource nationalization to drive oil and gas industry growth and make energy poverty history by 2030 March 14, 2023/AEC The African Energy Chamber (AEC)– the voice […]

Crude Oil, Petroleum Products will Continue to be Important in Africa, Says Sahara Group Executive Director

Delivering a presentation during the 2023 edition of the ARDA Conference, Sahara Group Executive Director Wale Ajibade emphasized that in order to meet rising demand, the supply of refined products within the continent needs to be optimized March 14, 2023/AEC With dual challenges of meeting rising demand while transitioning to […]