Africa / Data

Foreign agricultural workers flock to South Africa as sector expands

bne IntelliNews February 25, 2025

Foreign farmers and agricultural workers are increasingly migrating to South Africa from neighbouring countries, attracted by higher wages and better opportunities.

US Treasury targets Iran's National Oil Co. CEO in new sanctions push

Newbase MENA February 24, 2025

The United States imposed a fresh wave of sanctions on Iran’s oil sector, targeting over 30 individuals and tankers, including the CEO of the National Iranian Oil Co. (NIOC), for facilitating the sale and transportation of Iranian crude.

Oil is a major source of income for eight African countries – OWID

Simon van Teutem for Our World in Data February 24, 2025

Oil production plays an important role in the economy of many African countries. The chart shows oil rents as a percentage of gross domestic product (GDP) for the nine African nations most reliant on it, Our World in Data reports.

Russia's budget oil breakeven price world’s second lowest as oil revenues recover

bne IntelliNews September 13, 2024

The Institute of International Finance (IIF) has forecast a decrease in Russia’s fiscal breakeven oil price (the amount to balance the external current account) to $77 per barrel by 2025, supported by a recovery in oil and gas revenues.

How energy intensive are data centers?

Florian Zandt for Statista July 24, 2024

While countries like China and the United States had the highest electricity demand by a considerable margin, a new player that rivals the consumption of some of the biggest economies and is bolstered by the ongoing AI hype and data center use.

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