The Markets

The call for a green revolution is no longer a distant echo; it’s the resounding demand of the present. Much like an artisan weaver poised before a complex loom, the world faces the task of crafting a grand tapestry of sustainability. Each thread must be carefully selected and interwoven into this tableau, from the existential reality of climate change to the urgency to transition from carbon-heavy energy dependencies. However, to ensure the tapestry’s strength, we…

LAGOS (Capital Markets in Africa) – The world’s largest companies plan to boost year-on-year spending to cut their carbon emissions by an average of 22%, according to new research which is published following several months of extreme weather events in many countries around the globe. Despite the challenging global economic conditions, corporations in every region said they were intending to increase their Net Zero investments. UK firms plan the largest investment increase globally at 36%,…

DAKAR (Capital Markets in Africa) Sovereign wealth funds in Senegal and Mauritania can serve as tools for managing oil and gas revenues and promoting sustainable development. MSGBC Oil, Gas & Power 2023 conference – which is organized by Energy Capital & Power – will host panel discussions exploring the crucial role sovereign wealth funds can play in helping Senegal and Mauritania address inadequate investments in energy projects developments for energy security. With first oil and…

Susannah Streeter, head of money and markets, Hargreaves Lansdown: Investors are lacking Monday motivation today as caution returns amid worries about global growth, ahead of the Bank of England decision on interest rates and testimony from the world’s most influential central banker, the Fed’s Jerome Powell. European indices have opened lower with the FTSE 100 on the backfoot as investors mull what’s ahead for the path of interest rates, given the stubbornness of inflation, while…