Featured
Issue 412 -
South Africa: Sasol plans rights issue
Heavily indebted Sasol has announced a recovery plan including a rights issue, cost cutting and asset sales, with the aim of generating $6bn by mid-2021. Sasol ran into trouble last year with cost overruns at the Lake Charles chemicals project in Louisiana and has seen its share...
Issue 412 -
South Africa
Issue 412 -
Coronavirus impact on Africa’s power sector is limited, so far
The coronavirus pandemic has so far been characterised by the dramatic speed of infection and a rapid escalation of policy responses by governments. While Africa has so far been less affected than Europe, South Africa’s President Cyril Ramaphosa on 23 March announced a 21-day...
Issue 412 -
Africa
Issue 412 -
Nigeria: Economy wilts under oil price, coronavirus
Recession and a potential public health crisis will test Nigeria’s social cohesion and fragile health system as the oil-dependent economy struggles with falling demand and sharply lower crude prices. Net oil revenue is expected to slump to $11bn this year from $45bn in 2019,...
Issue 412 -
Africa
Issue 412 -
Condé bucks modernising trend in West African democracy
With West Africa in its first weeks of confronting the coronavirus pandemic, nothing would have been easier, and more face-saving, for President Alpha Condé than to announce another postponement of Guinea’s National Assembly elections (originally due in April 2019) and its...
Issue 412 -
West Africa
Issue 412 -
Even protesters stay home as Algerian industry seeks reversal of fortunes
Algeria’s compliance with the Covid-19 lockdown was sharply illustrated when on 20 March the Hirak opposition movement did not march against the government for the first Friday since 22 February 2019. President Abdelmadjid Tebboune on 17 March announced a ban on public...
Issue 412 -
Algeria
Issue 411 -
Egypt: Successes hide risks for Egypt’s authoritarians
Egypt is a country full of ambiguities for investors and risk analysts, let alone for a population living under the economic restructuring and authoritarian rule of President Abdel Fattah El-Sisi. “The Egyptian power sector is viewed as an attractive destination for investment...
Issue 411 -
Egypt
Issue 410 -
Congo Republic: Brazzaville needs more reserves of oil and money to emerge from crisis
Viewed from the 4th Congo International Oil & Gas Conference & Exhibition (CIEHC4) in the Turkish-built Kintélé conference centre outside Brazzaville, there should be little of major concern to Republic of Congo’s oil industry. France’s Total and Italy’s Eni have...
Issue 410 -
Central Africa
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