The Editorial Team |

Mali Junta Proposes Return to Democracy Within 18 Months

BAMAKO (Capital Markets in Africa) — Mali’s military leadership on Saturday proposed a return to democracy within 18 months as they wrapped up talks with political parties and civil society leaders following a coup last month. Delegates proposed a transitional council and government led by an interim president, according to a proposal presented Saturday after three days of talks in the capital Bamako. A council appointed by the ruling junta would be charged with naming…

Africa’s Central Banks To Stay on Hold, Await Stimulus Effects

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LAGOS (Capital Markets in Africa) – With emergency stimulus done, for now, central banks across Sub-Saharan Africa (SSA) are likely to hold rates in the coming weeks despite higher inflation. That will allow for the full effects of stimulus measures to take place now that most restrictions have been lifted. The pause reflects their desire to strike a balance between maintaining price stability, reducing exchange-rate pressures, and stimulating the domestic economy. Central banks will continue…

After Two Decades of Rot, Zimbabwe Is Coming Apart at the Seams

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HARARE (Capital Markets in Africa) — In Zimbabwe, pregnant women are left alone in hospitals to give birth, taps have run dry in major urban centers, infrastructure has all but collapsed and more than half the population needs food aid. This is the toll that two decades of economic mismanagement have taken on a nation once considered one of Africa’s shining stars. Promises of an economic revival and more political freedom made by President Emmerson Mnangagwa,…

Africa Energy Forum 2020 joins forces with the African Utility Week & POWERGEN Africa and Oil & Gas Council’s Africa Assembly to host Digital Energy Festival for Africa

Posted on by The Editorial Team

The event will take place online from 20th October – 26th November 2020. The digital platform will allow attendees to access content and networking offerings across all three market leading events with one point of entry, making it the largest ever energy event for the African continent marketed to a combined energy database of over 200,000. Following the impact of the pandemic on the energy sector in Africa, the event will seek to address critical…

Africa Energy Forum 2020 joins forces with the African Utility Week & POWERGEN Africa and Oil & Gas Council’s Africa Assembly to host Digital Energy Festival for Africa

Posted on by The Editorial Team

The event will take place online from 20th October – 26th November 2020. The digital platform will allow attendees to access content and networking offerings across all three market-leading events with one point of entry, making it the largest ever energy event for the African continent marketed to a combined energy database of over 200,000. Following the impact of the pandemic on the energy sector in Africa, the event will seek to address critical issues…

China Dominates Bid for Africa’s Largest Dam in New Pact

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LAGOS(Capital Markets in Africa) — Chinese and Spanish developers that want to build Africa’s biggest hydropower plant in the Democratic Republic of Congo agreed to form a single consortium in an accord the country says is a key step to realizing the plan. The $14 billion dams is part of a long-delayed project known as Grand Inga that’s eventually intended to harness as much as 40,000 megawatts of power from the Congo River. Inga III…

Ivorian Leader Faces Revived Opposition in Third-Term Quest

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ABIDJAN (Capital Markets in Africa) — Ivory Coast President Alassane Ouattara’s decision to run for a third term as the leader of the world’s top cocoa producer is galvanizing a divided opposition, marring his re-election odds. Ouattara rescinded his decision not to seek a third term on Thursday, saying he accepted the nomination of the ruling Rally of Houphouëtists for Democracy and Peace to run as its candidate in an Oct. 31 vote. Ouattara said…

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