Is OPEC Its Own Worst Enemy? // Est L’OPEP Son Pire Ennemi ?
By Matt DiLallo There’s a growing rift among the nations within OPEC. Just this past week the Nigerian oil minister, Diezani Alison-Madueke, said that OPEC...
Category : ECONOMY
High-level Event Stresses Importance of Extractive Industries To Sustainable Growth in Africa // Réunion De Haut Niveau Souligne L’importance Des Industries Extractives A Une Croissance Durable En Afrique
Special Adviser on Africa Maged Abdelaziz. UN Photo/Kim Haughton The United Nations Office of the Special Adviser on Africa (OSAA) held a meeting at Headquarters...
There’s No Exploitation of Shale Gas, Says Sellal // Il n’y A Aucune Exploitation Du Gaz De Schiste, Affirme Sellal
Prime Minister Abdelmalek Sellal reaffirmed Tuesday in Oran (432-km west of Algiers) that there is no exploitation of shale gas but only studies underway. “The...
Gauteng To Invest R100bn On Revitalisation Plan // Gauteng A Investir R100bn Sur Le Plan De Revitalisation
GAUTENG Premier David Makhura on Monday announced detailed plans for restructuring the province’s spatial configuration and stimulating economic development, and its strategy to invest more...
Rand Firms After Inflation Slows // Entreprises De Rand Après Que L’inflation Ralentit
South Africa’s rand edged firmer on Thursday as inflation and retail data offered few surprises, keeping the currency within a recent range with a move...
Grexit’ Risks Rise, But Compromise ‘Possible’ // Discute ‘ Risques Augmentent, Mais Faire Des Compromis « Possible »
By Jeremy Gaunt The chances of Greece being forced out of the euro zone have risen, but a compromise agreement between Athens and its...
IMF Offers Support To Egypt Economic Policies After 1st Major Review Since 2011 Uprising // FMI Offre Un Support Aux Politiques Economiques De L’Égypte Après 1er Examen Approfondi Depuis Le Soulèvement De 2011
The International Monetary Fund offered support to Egypt’s economic policies on Wednesday, after an executive review of its first broad consultations with Cairo authorities since...
The Magic of Privatisation of Africa’s Biggest Economy // La Magie De La Privatisation De L’économie De L’Afrique
The streets of Nigeria’s major cities are more often than not clogged with diesel fumes from the thousands of generators that chug away, powering the...
Libya’s Eastern Oil Export Port Hariga Shut Down // Arrêt De La Libye Orientale Huile Exportation Port Hariga
Libya’s eastern oil export port Hariga shut down due to a strike of security guards, a port official said on Sunday. Hariga in Tobruk was...
Zuma Boosts of Economic Growth At Davos // Zuma Stimule La Croissance Economique A Davos
SA’s weak economic growth fundamentals were one of the biggest worries for existing and potential foreign investors, as well as for South African companies at...
Glencore May Slash South African Coal Production // Glencore De Réduire La Production De Charbon Sud-Africain
Glencore is considering a partial shutdown of a coal unit in South Africa in what would be the most decisive response so far to weak...
Billionaires Tony Elumelu And Aliko Dangote Launch The African Energy Leaders Group At The World Economic Forum // Milliardaires Tony Elumelu Et Aliko Dangote Lancent Le Groupe Des Leaders Africains Energie Lors Du Forum Economique Mondial
Farai Gundan Contributor Speaking at a high profile panel on energy at the 2015 annual meeting for the World Economic Forum in Davos, Switzerland, Nigerian...
Review of Minerals Bill Could Prove a ‘Legislative Procedural Nightmare’ //
The return of the controversial Mineral and Petroleum Resources Development Amendment Bill for review could bode a legislative procedural nightmare. THULANI GQIRANA The return of...
Ghana Faces Potential Revenue Fall in 2015 – Terkper // Ghana Visages Chute Potentielle De Revenus En 2015 – Titi
Finance Minister Seth Terkper says Ghana faces a potential fall in revenue this year mainly from the fall in global crude oil prices. The Minister also warns...
Allana Potash Developing Low Cost Potash In Emerging Markets In Africa // Allana Potash Développement Faible Coût De Potasse Dans Les Marchés Emergents En Afrique
Resources Wire | Jay Currie Allana PotashAllana Potash Site in Ethiopia Allana Potash Developing Low Cost Potash in Emerging Markets in Africa Allana Potash- Developing...
EA economies Expanding Rapidly Despite Falling Commodity Price // Économies EA En Expansion Rapide malgré Falling Commodity Price
By PAUL REDFERN IN SUMMARY After revising their economies recently to incorporate new sectors, the GDP figures for East African countries are now higher. New statistics...
Algeria To Boost Oil Production in Face of Falling Prices // Algérie Pour Stimuler La Production De Pétrole Face à La Baisse Des Prix
Algeria’s minister of energy says the country could boost oil production to compensate for the dramatic drop in oil prices. Youcef Yousfi told the parliament...
Industry Transfer to Africa Good For All // Transfert De L’industrie Au Bien De L’Afrique Pour Tous
By Justin Yifu Lin (China Daily) The core of the “One Belt and One Road” initiative, the creation of a Silk Road Economic Belt and...
WORLD BANK GIVES SOFT GROWTH OUTLOOK FOR NAMIBIA AMIDST DROUGHT FEARS // LA BANQUE MONDIALE DONNE DES PERSPECTIVES DE CROISSANCE MOLLE POUR LA NAMIBIE AU MILIEU DES CRAINTES DE LA SÉCHERESSE
This was as the primary sectors in particular struggled. Analysts were hoping for a stronger growth number during the fourth quarter. The World Bank’s Global...
Rising Uganda Debt Yields Pose Risk of Fiscal Slippage Ahead of 2016 Polls, Experts Warn // Montante Ouganda Dette Rendements Risque De Dérapage Budgétaire Avant De Sondages De 2016, Experts Avertissent
BY ELIAS BIRYABAREMA Kenya: Expectations that Uganda will spend more than planned ahead of an election due in early 2016, pose risks for investors...