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Month: February 2022

Nigeria: Caught in a web

Oil prices are on a tear, along with everything else in this inflationary period. Players in the global oil market are spooked by supply-related constraints, and their continued panic has seen oil prices climb by no less than 20% YTD. While Western oil companies are drilling fewer wells post-pandemic – partly due to pressure from…
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Climate change: Bracing for impact in Africa

Globally, climatic shocks have become more frequent and intense. Many people still think of climate change as a future phenomenon, probably because climate change-related projections are tied to future dates: 2030, 2050, or 2100, for instance. But we are, unfortunately, experiencing climate change, and have done so for some time now. Over the past century,…
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Africa: A future of bold economic policies

14th February was not just about chocolates and roses; it was also the second anniversary of the COVID-19 pandemic in Africa. The COVID-19 pandemic brought atypical disruptions to Africa—crunching incomes, magnifying poverty and food insecurity, and leading the region into its first recession in 25 years. Faced with the shock of unprecedented proportions, Africa has…
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