Features

GABORONE (Capital Markets in Africa) – Botswana, which has the world’s biggest population of elephants, lifted its suspension on hunting, a move that is likely to spark further debate on a politically charged issue in the southern African nation. The government would ensure that “reinstatement of hunting is done in an orderly and ethical manner” and in accordance with the law and regulations, the Ministry of Environment, Natural Resources Conservation and Tourism said in emailed statement Wednesday….

LONDON (Capital Markets in Africa) – The British prime minister’s alienation of her party, parliament and European leaders put her on the wrong road to Brexit deliverance Theresa May was dealt a poor hand when she became prime minister, and proceeded to play it very badly. Perhaps no leader in 2016 could have satisfied British expectations of Brexit. Advocates of leaving the European Union had made many promises about the benefits, and been deliberately vague on the details. But…

LAGOS (Capital Markets in Afrioca) – A little-known investor group is planning a major shakeup of the Eastern Mediterranean natural gas industry in a bid to unlock hundreds of billions of dollars of sales stymied by the political and industrial complexities of the region. Cynergy Group, an investment firm based in Cyprus, is looking to spend between $5 billion and $10 billion in the coming years buying under-utilized natural gas assets in the region, according…

ACCRA (Capital Markets in Africa) – Ghana is inviting investors to submit plans on how to tap the nation’s bauxite deposits as the government seeks to leverage more of its mineral resources to fund infrastructure. The government will receive proposals from interested parties until the end of the year on how to expand production and build refining and smelting capacity for the manufacturing of alumina and aluminum, said Michael Ansah, chief executive officer of Ghana Integrated…