Nigeria
Transition risks for petrostates higher than ever, says report
Petrostates are currently confronted with significant challenges arising from the ongoing energy transition. The diminishing demand for oil and gas is exerting downward pressure on commodity prices, which in turn threatens future revenue streams.
COP28 talks to save the planet could fall at first fence as oil producers and some rich countries call only for “phase down” of fossil fuels.
The COP28 talks in Dubai to save the planet from a climate catastrophe look like they are going to fall at the first fence as the oil lobby and some big economies push for a “phasing down” of fossil fuels, rather than the “phasing out”.
Africa’s massive unbanked population creates huge opportunities for incumbent banks and fintech start-ups
Africa has the most profitable banking sector in the world and its massive unbanked population is creating enormous opportunities for incumbent banks and fintech companies alike.
Saudi Arabia hosts kingdom's first Africa summit, to boost ties, promote stability
Saudi Arabia is hosting its first ever Africa Summit, underscoring Crown Prince Mohammed bin Salman's (MbS) growing focus on African affairs.
IMF: China’s slowdown will hit sub-Saharan growth
China has forged deep economic ties with countries in sub-Saharan Africa over the past 20 years, making it the region's largest single country trading partner so China's economic slowdown will hurt Africa.
UN report: two years left to reduce emissions and avoid global disaster, and we probably won't make it
We have two years to fix the climate and reach the Paris accord emission targets, according to a UN global stocktake report, and we are not going to make it.