Features
Uganda To Meet Regional Demand With Oil Refinery
Uganda, the East African country that will soon to join the league of oil producers, is set to build a refinery before its own production capacity comes online.
Author: Vincent Nwanma
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Economics, Policy & Regulation
A TENSE NIGERIA PUSHES BACK PRESIDENTIAL ELECTION
Milestones | Nigeria
A week before it was to take place, Nigeria’s presidential election was postponed for fear it would spark violence. The election was originally scheduled for February 14 but has been pushed back six weeks to March 28. The outcome of this delay is unclear.
Country Report
ANGOLA: SEEKING A NEW PATH
Country Report | Angola
Up until 2013, Angola's GDP, buoyed by booming oil revenues, grew by an average rate of 10.7%, reaching an all-time high of 23.2% in 2007. Now, as economic growth slows and the country’s financial coffers move from surplus to deficit, Angola is rethinking its dependence on “black gold.”
Capital Raising & Corporate Finance
MOZAMBIQUE COMING INTO ITS OWN
Country Report | Mozambique
Mozambique is the current star in Africa’s rising inward-investment constellation. For much of the last quarter of the 20th century, Mozambique was a war zone. Today the only war on its horizon is a bidders war, as investors salivate over the opportunities this Southern African country offers.
Economics, Policy & Regulation
NIGERIA: FORTHCOMING ELECTIONS PROMPT FEAR AMONG VOTERS
<strong>Nigeria | Milestones</strong><br />
Nigerians go to the polls next month with some trepidation...
Banking
Deepening Africa’s Financial Markets
<strong>Africa | Emerging Markets Regional Review</strong><br />
African economies are well on their way to transforming the region’s status from a frontier to an emerging market. The IMF predicts Africa will grow by 5.8% in 2015, up from 5.1% this year, with Chad, Côte d’Ivoire, Democratic Republic of the Congo and Mozambique projected to growth over 8%.
Economics, Policy & Regulation
ELUMELU RETURNS TO UBA TO CONSOLIDATE AFRICA GAINS
NEWSMAKERS | POLAND<br />
Tony Elumelu, former managing director and CEO of United Bank for Africa, returned to the bank in late August as chairman, following his appointment by the shareholders.
Economics, Policy & Regulation
CEMENTING REGIONAL TIES
AFRICA 2014 | UNITY<br />
Africa’s dream of greater economic unity is gradually becoming a reality, with plans to establish a free-trade area spanning eastern and southern African countries well under way. Yet it could take time for the associated economic and trading benefits to play out.
Economics, Policy & Regulation
CAN GHANA AFFORD IMF CONDITIONS FOR LOAN?
GHANA<br />
The world’s second-largest producer of cocoa, is expected to ask the International Monetary Fund for help.
Capital Raising & Corporate Finance
NIGERIA: LIGHTING UP THE POWER SECTOR
COUNTRY REPORT | NIGERIA<br />
Nigeria lacks one key element for stellar growth: a power sector commensurate with its prospects.
Capital Raising & Corporate Finance
NIGERIA: WHAT’S NEXT FOR AFRICA’S LARGEST ECONOMY?
MILESTONES: NIGERIA<br />
The transport infrastructure in Africa's largest economy is still treading water.