Tag: Nigeria

(Photo of General Abdourahamane Tiani)
Posted in Africa Europe United States

Niger Is A Reminder That the War in Ukraine Is Not About a Fight for Democracy

The latest sequence of events in Niger is a reminder that the war in Ukraine (and sanctions against Russia) is not about a fight for democracy…

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(Photo Credit: REUTERS)
Posted in Africa Europe Latin America Middle East / Asia United States

Top 10 Economies To Watch In 2023

Everyone knows economists have a poor track record of predicting recessions. Yet, it is hard to ignore the growing consensus among economists that the combination of inflation and interest rate hikes alongside tempered Chinese demand and US economic uncertainty could be the perfect storm for a global recession.

Those same economists, however, disagree on the depth and length of a potential recession as well as the underlying indicators that will answer their questions. Thus, instead of agreeing on a list of indicators, let’s focus on some countries that could be bellwethers for changing headwinds in 2023…

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(Photo Credit: REUTERS / Baz Ratner)
Posted in Africa

Nigeria, Libya, DRC…Top elections to watch in Africa in 2023

Africa is a big continent with 54 countries. Thus it should come as no surprise that there are many elections to watch in 2023 with many elections expected to be very competitive…

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(Photo Credit: AP Photo)
Posted in Africa

Covid-19 Is A Distraction From Deeper Economic Problems

Covid-19 is the introduction and closing to many personal and business conversations these days. It is also the starting point for most economic discussions across the globe. Discussions on the African continent are no different. But, in the context of sub-Saharan Africa (SSA), the Covid-19 pandemic may be a distraction from the realities of deeper economic problems…

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(Photo Credit: Reuters/Afolabi Sotunde)
Posted in Africa United States

USA – Africa: President Biden’s top three challenges

Africa, in the eyes of some political analysts, has been an after-thought for Washington these last four years. But that’s not necessarily a bad thing; it speaks to the political and economic stability that dominates most of the 54 countries on the continent. That said, Biden will encounter a few major issues that may not test bipartisanship but will surely require more than an after-thought approach…

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(Photo Credit: Reuters/Afolabi Sotunde)
Posted in Africa

Nigeria: NNPC’s privatisation should mimic Saudi’s Aramco

Can Nigeria’s President employ the strategy of Saudi Arabia’s Crown Prince in privatising a state oil corporation?

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(Photo Credit: REUTERS/Zoubeir Souissi)
Posted in Africa

Coronavirus: 5 economies to watch as the impact spreads

African countries have been among the last to be hit by the global coronavirus pandemic. Yet, as the cases rise and governments rightfully take the necessary measures to slow the spread of the virus, the continent is likely to face widespread economic fallout as business slows to a near halt…

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(Photo Credit: John MacDougall/Reuters)
Posted in Africa

Top Predictions For Africa In 2020

Top prediction for Africa in 2020: Younger Africans will be more vocal. They’ve seen how protests led to the removal of leaders such as Robert Mugabe in Zimbabwe…

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(Photo Credit: REUTERS/Temilade Adelaja)
Posted in Africa

Nigeria could be heading towards its second recession in three years

Most political analysts expected the re-election of Buhari in 2019 to signify stability and re-ignite business in the country. But nearly eight months after the election, economic growth has drastically slowed to 1.94% in the second quarter of 2019, which is the second straight quarter of declining growth numbers for the country…

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(Photo Credit: REUTERS/Stephen Eisenhammer)
Posted in Africa

It’s time to rethink oil and gas as a funding source for development

Oil-price volatility highlights the fragility of a development model based on a single resource. For oil-producing countries the imperative of adopting a more diverse investment strategy can no longer be ignored…

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