The Covid crisis of 2020 ushered in a new era of uncertainty and volatility that has continued to roil financial markets. This continued unabated as 2023 commenced with banking crises in the US and EU, followed by growing concerns about the implications of higher interest rates for longer. This was compounded by intensifying geopolitical tensions, … Read More “A year of reckoning …” »
Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “GIP Ghana chooses eSAL for its first investment” »
Shiba Inu is currently trading at the $0.000009059 mark in the early days of February 2024. This is now the cheapest price investors could get to accumulate SHIB tokens in their portfolios. The dog-themed token has always been considered a low-hanging fruit as its price is affordable to the average investor. A common investor can … Read More “$9 Can Make You a SHIB Millionaire in February 2024” »
Jan 26, 2024 Hercules rig (Credit: Odfjell Drilling) Portuguese oil and gas Galp has set out plans to drill another well using Odfjell Drilling-managed semi-submersible rig Hercules, after discovering significant column of light oil at Mpane-1x well in Namibia’s PEL 83 block. Galp (80%, operator), together with its partners NAMCOR and Custos … Read More “Galp to Further Evaluate Extent of Mopane Oil Discoveries with Hercules Rig” »
There’s a new team at Global Petroleum, with a plan to grow and diversify the company. New chairman Daniel Page, speaking to Energy Voice this week, joined the board in an overhaul in November 2023. © Supplied by Global PetroleumPicture shows; Global Petroleum’s Cecilia Yu. Supplied by Global Petroleum The previous team of Peter Hill, … Read More “Global’s new board takes aim at Africa and East Med” »
Dupe Killa-Kafidipe is the founder of Platinum Fisheries From substituting imported fish with locally produced alternatives to offering maintenance solutions for agricultural machinery, we spotlight eight promising opportunities in Nigeria’s agribusiness and food sector worth considering in 2024. 1. Leveraging agriculture in northern Nigeria for regional trade Northern Nigeria’s strategic location positions it well to … Read More “Agribusiness and food industry opportunities to consider in 2024” »
February, when South Africa releases its annual budget, can be a terrible month for the rand, and this year will be no different, many investors expect. Last February, the rand fell 5.2% against the dollar, as rolling power blackouts crimped economic output, forcing finance minister Enoch Godongwana to announce a $14 billion budget bailout for … Read More “Bad month ahead for rand investors, if history is a guide” »
by Fintechnews Africa 1 February 2024 Governments and tax authorities are driving the need for businesses to adopt E-Invoicing across the globe. As more countries across the Middle East mandate E-Invoicing, tax becomes an integral part of day-to-day finance and commercial operations. In the United Arab Emirates, the Ministry of Finance is set to introduce … Read More “The E-Invoicing Exchange Summit: Harnessing Global E-Invoicing Best Practices for the Middle East” »
Image Credit: Fortis Green Investment To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, … Read More “Fortis Green acquires stake in Rwandan hydropower plant” »
By Ella Teperi, General Manager, Market & Financial Analysis, Decarbonisation Services at Wärtsilä Energy In African countries, particularly those with a well-developed industrial sector, a significant portion of energy production may come from the industry’s own power plants. This is especially true in countries where the reliability of the grid is low, and industries rely … Read More “Triple Win: How Africa’s Industrials Can Decarbonise, Lower Energy Costs And Increase Reliability All At The Same Time” »
