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Sub-Saharan African governments urged to focus on off-grid solar

A recent report by Bboxx and UCL’s Engineering for International Development Centre, Off-Grid Energy and Economic Prosperity highlights the urgent need for African governments and policymakers to prioritise off-grid solar to accelerate inclusive and sustainable economic development in a post-COVID-19 world.
electric mine

Petroleum and mining industry in Egypt under spotlight in new report

A new focus report produced by Oxford Business Group explores Egypt’s efforts to carve a niche as a regional energy hub and develop its mining industry by capitalising on its abundant untapped resources.
e-mobility sustainable mobility

E-mobility already exists in SA and business opportunities abound

The motor vehicle assembly and component manufacturing industry is a key pillar of south Africa’s economy, contributing just more than 6.4% of the country’s GDP and 27% of manufacturing output but e-mobility could change that.
Nigeria

World Bank releases Nigeria economic update report

The latest Nigeria development update report, Resilience through Reforms says that Nigeria has exited from its deepest recession in four decades as COVID-19 restrictions were eased. With poverty increasing in 2020 due to the combined effects of COVID-19 and rising prices, the report recommends policy options that can help reduce inflation and protect poor households from its impacts.
africa

African Continental Free Trade Area’s effect on oil & gas sector

While Africa has substantial natural resources, it has not received significant benefits from the extraction and export of such resources, particularly in oil and gas. Will AfCFTA have an impact on oil and gas industry exports?

African Economic Outlook: from debt resolution to growth

In a conversation preceding the launch of the Bank's latest report Nobel laureate Joseph Stiglitz and AfDB President Dr Akinwumi Adesina spoke about the continent’s rising debt levels.
A short guide to South Africa's energy sector for consumers

Fitch revises South Africa’s outlook to negative and affirms IDR at ‘BB+’

Fitch Ratings has revised the Outlook on South Africa's Long-Term Foreign-Currency Issuer Default Rating to Negative from Stable and affirmed the IDR at 'BB+'.
investment

Côte d’Ivoire: Robust economic growth under looming threat of climate change impacts

The short- and medium-term outlook for the Ivorian economy remains positive and is expected to maintain a steady trajectory, with GDP growth of 7 to 7.5% in the coming years amid climate change effects. ...

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