Tag "Nigeria"
African energy producers face oil price pressure
While importing countries’ consumers are rejoicing at cheap oil prices, oil-producing countries in sub-Saharan Africa are facing severe fiscal downturns from the drastic shift in the global oil market. With global oil
Nigeria’s elections are expected to be highly contentious
With the ruling party facing a credible opposition for the first time since the restoration of civilian rule, Nigeria’s upcoming general elections are expected to be highly contentious. Risks will emanate
Terrorism and oil price plague Nigeria ahead of election
Attacks from Boko Haram and dwindling revenue from oil are creating problems for Nigeria, and poor leadership is only making matters worse. However, Nigeria may have the chance for a
Oil outlook for 2015
“Best two days in 3 years,” read a headline closing the final week before Christmas, an early gift for US equity traders – tonic enough for most to wash down the
Nigeria’s Nollywood is putting Hollywood to shame
Valued at about five billion dollars in 2014, the world’s second largest film industry holds much promise for investors; with the main barrier to future growth being the industry’s informal
In search of the next African tech hub
African governments and entrepreneurs are keen to build technology hubs to diversify and boost growth. Still, much work must be done, and a long-term, Africa-centric tech vision is needed. For
Piracy in West Africa targets the region’s oil industry
Mostly conducted by Nigerian pirates in the Gulf of Guinea, piracy in West Africa has been on the rise for the last years and has proven to be much more sophisticated
Mobile money in Africa moves beyond M-Pesa
Seven years ago, Kenya’s M-Pesa launched a mobile money revolution. Can other mobile payments services beyond M-Pesa, and beyond East Africa, take hold on the continent? When mobile network operator
Boko Haram poses threat to Nigeria’s stability
Boko Haram, fuelled initially by economic grievances, has vowed to destroy southern Nigeria’s Westernized economy, insisting that northern Nigeria hardly benefits from the roughly $50 billion a year the south receives
2015 outlook for core Africa markets positive, says Malick Badjie
GRI sat down with Malick Badjie, director and head of Investment Solutions at Silk Invest, to discuss investment outlook in core African markets for 2015 and beyond. In 2008 when the global recession rocked
