Business Africa

Nigeria and Angola SSA is set to produce approximately 5.9 million barrels (bpd) of crude oil in 2013 dominated by Nigeria and Angola compared to the estimated 5.5 million barrels produced in 2012. This increase will largely reflect the expected

Read the rest of African oil & gas outlook 2013 (part II): analysis by region – Rolake Akinkugbe at Ecobank »

Africa’ share of global oil and gas production has stood at 10% and 6% respectively over the past 24 months. Ecobank Research estimates that the total production of crude oil in Africa in 2013 is likely to be around 8.9

Read the rest of Africa’s oil and gas outlook 2013 (part 1) – By Rolake Akinkugbe at Ecobank »

This week’s The Times CEO Africa summit in London featured (among others) Ghana’s President John Mahama and — in contrasting fortunes — almost-president Raila Odinga of Kenya. (It also featured ANC calm-man Pravin Gordhan politely ignoring Peter Mandelson’s mildly condescending

Read the rest of Summits and stereotypes: analysing the analysis of Africa — by Jolyon Ford at Oxford Analytica »

Angola has come a long way since gaining independence from Portugal in 1975. The country has transformed from an agriculture-based economy to one of sub-Saharan Africa’s major oil and mineral producers, thanks to the onset of stability in 2002 after

Read the rest of Angola economic briefing: high oil prices compensate for tough business environment – By Gaimin Nonyane »

In the early 2000s, pharmaceutical companies were high on activists’ hit lists, prompted by Big Pharma’s ill-advised attempt to sue the South African government for patent infringement on HIV drugs; an attempt to deal with the country’s epidemic by allowing

Read the rest of Big Pharma in Africa: Weighing corporate citizenship and the bottom line – Adam Robert Green »

Q2: March – April 2013 Desné Masie This is the second edition of our Africa Business Briefing, which will be published monthly, with business and economics news on the world’s fastest changing continent. A more comprehensive version of our research

Read the rest of The Africa Business Briefing, March/April 2013: Brics Special/Kenya de-risking and the Africa bubble – By Desné Masie »

Faced with a rising food and fuel import bill, numerous African governments are reviewing their energy subsidy schemes. Between the end of 2003 and mid-2008, nominal international fuel prices increased more than fourfold, with most of the increase occurring during

Read the rest of Africa’s fuel subsidies: Grasping the nettle – By Adam Robert Green »

There is no question that the BRICS countries together are a major economic force today – they account for 25% of global GDP, 40% of the world’s population and the bulk of global growth. The recent BRICS Summit is an

Read the rest of BRICS Summit improves cooperation, but lacks economic action plan – By André Roux »

As the fifth BRICS summit concluded last week in Durban, South Africa, the common question posed to the few analysts in attendance (this author included) was whether it was a success or failure. Naturally, glowing statements from the five heads

Read the rest of BRICS summit 2013: supportive pillars added to a nebulous grouping – By Simon Freemantle »

The growth debate rages on throughout the African continent. Ever since the international consulting company McKinsey published its widely cited report ‘Lions on the Move’ in 2010 and The Economist popularized Africa’s growth statistics (especially sub-Saharan Africa’s GDP projections), there

Read the rest of The BRICS and Africa’s growth dilemma – By Lorenzo Fioramonti »