The Editorial Team

Like it or Not, Coal Still Has an Important Role to Play in South Africa – NJ Ayuk

JOHANNESBURG (Capital Markets in Africa): In the march to net zero, coal usage is the villain in the story. Industrialized nations demonize coal for its negative environmental effects: Coal combustion releases pollutants linked to smog and respiratory illness, from carbon dioxide and sulphur dioxide to nitrogen oxides to mercury and lead. On the other hand, coal is an abundant fuel source that is inexpensive to produce and convert into energy. Countries around the world continue…

Investment: Egypt and Marriott power hotel development in Africa

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa): When it comes to hotel development across Africa, Egypt and Marriott are the two phenomena to watch. This insight comes from this year’s African Hotel Chain Development Pipeline report, widely acknowledged as the industry’s most authoritative source, documenting and analysing the number of hotels being planned and built across the continent. The survey, conducted by Lagos-based W Hospitality Group, in association with the Africa Hospitality Investment Forum (AHIF), is based…

Angola: The Destination of Choice for Investors

Posted on by The Editorial Team

LUANDA, Angola, March 22, 2023/ — The Angola Oil & Gas (AOG) conference and exhibition represents the country’s premier event for the oil and gas industry. International Conference Director for the 2022 edition of the conference, Miguel Artacho, provides insight into AOG 2022, what can be expected this year and what makes the Angolan energy market so attractive. What made the third edition of AOG stand out from previous events? It was even more successful!…

Investment: East African Survey Deep Dives into Challenges and Opportunities

Posted on by The Editorial Team

NAIROBI (Capital Markets in Africa) — The lack of access to investors, the reliance on international VCs and global recessions trends are perceived as threats by respectively 59%, 56% and 55% of respondents; 28% of respondents indicated that covid 19 had slowed down investment across the East African start-up landscape, making it the biggest impacting factor over the last twelve months; 54% of seed businesses rely on family and friends to provide funding; 74% of…

The Misplaced Fury around Sound: Time to Put the Record Straight – NJ Ayuk

Posted on by The Editorial Team

Climate activists are making more than noise about 3D seismic studies being used to delineate oil and gas reserves offshore Africa. They’ve proceeded with legal action that may force Shell Plc to pull the plug permanently on its search for hydrocarbons along South Africa’s Wild Coast, the country’s poorest province. Seismic surveys use sound waves to help oil and gas companies build an image of hydrocarbon deposits buried deep underground. They are considered a fast…

Commentary: Bank of England Hikes Rates By 0.25 Percent

Posted on by The Editorial Team

LONDON (Capital Markets in Africa): The Bank of England has raised the base rate from 4% to 4.25%. This is the 11th consecutive rise and seven members of the nine-person Monetary Policy Committee supported the quarter of a percentage point increase. Marc Cogliatti, Head of Global Capital Markets at Validus Risk Management: “As widely expected, the Bank of England raised rates by 0.25% at today’s meeting, taking the base rate to 4.25% — its highest…

African economies remain resilient with a stable outlook in 2023-2024

Posted on by The Editorial Team

ABIDJAN (Capital Markets in Africa): African economies remain resilient with a stable outlook in 2023-2024, despite the tightening global financial conditions, the African Development Bank (http://www.AfDB.org) has projected in a new report. The report, Africa’s Macroeconomic Performance and Outlook (MEO) 2023 (https://apo-opa.info/40FddSu), estimates Africa’s average GDP to stabilize at 4% in the next two years, up from 3.8% in 2022. Presenting the report on 17 February on the sidelines of the 36th African Union Assembly…

« 1 … 18 19 20 21 22 … 1,066 »