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While Libya’s streets are calm and the people are welcoming, the fundamentals of long-term security remain a matter of deep concern as a political struggle between forces representing tribalism, Islamism, democracy and technocratic state management intensifies, writes John Hamilton

Libya
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Mining gold from the hillsides in north-east Guinea poses huge challenges for investors and the community alike, underlining the need to tackle a range of sensitive issues and manage expectations in long ignored regions of highly under-developed economies, writes Thalia Griffiths, recently in Lero.

Guinea
Issue 239 - 21 September 2012

Draft European transparency rules approved

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The European Parliament’s Legal Affairs Committee has voted in favour of a draft law that would require European resource companies to declare their payments to governments worldwide.

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The economy grew by only 1.9% in 2010 after shrinking by 0.3% in 2009. But, if stability can be maintained, it is forecast to be among Africa’s biggest GDP growth plays in coming years, writes Jon Marks

Guinea
Issue 218 - 22 October 2011

IMF relations back on track

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Normally good relations with the International Monetary Fund have been restored after a brief hiatus. The IMF had announced in February, in language dry even by its standards, that Uganda “did not complete the first review under the three-year Policy Support Instrument (PSI)”.

Uganda
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Nearly a year after the unity government came to power, Zimbabwe’s economic fundamentals are little improved and financiers are holding back from supporting essential projects, writes Kevin Godier

Zimbabwe
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A presidential taskforce report which recommended that PPAs be redrawn has been greeted with resignation by stakeholders who have been ground down by years of dithering. Industry players are now left hoping the government will adopt a realistic outlook in renegotiations, writes Dan Marks

Kenya
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Much of the news flow ahead of the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow in November has been about which global leaders will turn up and what carbon reduction commitments they will make. Many in Africa are more concerned the least-developed continent will be forced to adopt ill-fitting policy straightjackets and forced to choose between rival superpower-led development models, most notably China’s One Belt, One Road Initiative (BRI) and the US-led Clean Green Initiative (CGI) and Build Back Better for the World (B3W) programmes.

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The UN’s Green Climate Fund (GCF) has postponed a decision on whether to re-accredit the Development Bank of Southern Africa (DBSA), amid strong opposition from some members to a demand that the DBSA commit to a net-zero emissions target for its investments. It adds another element to wider arguments over Africa’s responsibilities in relation to climate change in the run-up to COP26 summit in Glasgow in November .

Free

We all agree: the future is necessarily based on renewable energy and storage solutions, as economies, corporations and communities work to tackle the climate crisis by achieving net zero carbon emissions by 2050. Africa understands the need for this better than most, as vulnerable populations in regions like the Sahel suffer the consequences of global warming on their daily lives and resource distribution.

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Alongside its decision to recognise the National Transitional Council (NTC) as the “sole governmental authority” in Libya, the UK government has consolidated Arabian Gulf Oil Company (Agoco)’s position as a national oil corporation in waiting

Libya
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African Energy’s new Upstream update table shows the extent of interest in Ghana’s offshore hydrocarbons play. But a clear blueprint for how those reserves will be used locally remains elusive, and conflicting views of how Ghana should exploit its emerging resources will be more apparent in the lead-up to the December presidential election

Ghana
Issue 170 - 19 September 2009

Little hope of peace from Delta ceasefire

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Militants in the Niger Delta have agreed to extend their ceasefire by 30 days but there has been little improvement in the situation on the ground. Some militants have surrendered their weapons in public ceremonies, but one source in the Delta told African Energy: “it’s just tokens, more guns are still being hidden in the creeks.”

Niger
Issue 167 - 18 July 2009

Equatorial Guinea: Family business

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Human Rights Watch’s new report lists a number of business dealings between relatives of President Obiang and US

Equatorial Guinea
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The current managers of Libya’s oil sector should not make hasty decisions about its structure, says former National Oil Corporation chairman D R Shukri Ghanem. Many of the debates about the creation of a ministry separate from the National Oil Corporation (NOC) had been going on for

Libya