Features | - Part 85

What Brexit Could Mean For African Exports?

LAGOS (Capital Markets in Africa) – Although many consider Brexit to be purely a European issue, its consequences actually stand to reach all corners of the world. This rings especially true for major British trading partners, of which there are many in Africa. African exports, in particular, will likely see a wave of consequences in the aftermath of Brexit (should it ever come to fruition). For example, this site has posted before about how South…

Botswana, Country With Most Elephants, Lifts Ban on Hunting

Posted on by The Editorial Team

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….

Secrecy, Suspicion and Stumbles Catch Up With Theresa May

Posted on by The Editorial Team

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…

Beyond May—The Tory Rivals Jostling to Be U.K. Prime Minister

Posted on by The Editorial Team

LONDON (Capital Markets in Africa) – Prime Minister Theresa May’s decision to step down on June 7 has fired the starting gun for a Conservative Party leadership race that could redefine Britain’s exit from the European Union. Here’s a look at some of the possible candidates in what could be a bitter and dramatic contest. Boris Johnson—The Favorite Boris Johnson, or “Boris” as he’s known to just about everyone in politics, as a child wanted to be…

Boris Johnson as U.K. Prime Minister Is the EU’s Worst Nightmare

Posted on by The Editorial Team

LONDON (Capital Markets in Africs) – For European leaders watching Theresa May’s political death throes, a sense of inevitability has been replaced by one of fear. Rather than break the deadlock over Brexit, the departure of the British prime minister raises the prospect of what they’ve long considered their worst nightmare: a U.K. run by Boris Johnson, the man many inside the European Union blame for causing the mess with his campaign based on false promisesand then by…

Tearful Theresa May Quits as Brexit Breaks Her Premiership

Posted on by The Editorial Team

LONDON (Capital Markets in Africs) – An emotional Theresa May announced she will quit as Britain’s prime minister after admitting she had failed to deliver the one task that defined her time in office — taking the country out of the European Union. “I have done my best,” May said in a statement to cameras in the sunshine outside her Downing Street offices. “It is, and will always remain, a matter of deep regret to me that…

Obscure Cypriot Plots $10 Billion Bet on East Mediterranean Gas

Posted on by The Editorial Team

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…

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