When Europe began searching for alternatives to Russian oil and gas following that country’s invasion of Ukraine, one of the producing countries they focused on was Algeria. The decision made strategic sense from both a supply and access standpoint. Algeria is the world’s 10th largest global gas producer and fourth largest gas exporter, and only…
Several years ago, the African energy industry was in survival mode. The COVID-19 pandemic had practically eliminated demand for crude oil, and African exports dropped sharply. That’s why — though many African states are still feeling the wounds inflicted by COVID — I find it encouraging to learn that Africa’s liquids supply in 2023 has…
The Islamic Development Bank (IsDB) Institute is organizing the 17th IsDB Global Forum on Islamic Finance with a special focus on leveraging disruptive technologies to build an inclusive and resilient future. Under the theme ‘Disruptive Solutions for a Resilient Economy’, the forum will be held on 12 May 2023 in Jeddah, Kingdom of Saudi Arabia,…
I have in the past few months, both in speaking and even writing about this and related issues, approached the subject from the point of view of a just transition. That is, the broad notion that the burdens of climate change and its mitigation must be fairly and equitably shared between African countries – who…
In the last few years, the world has begun a more definitive transition from the place of cynicism and misunderstanding about the issue of Climate Change to that of warmer realisation, if not wholesome acceptance, of the reality of the phenomenon as a significant threat. But then, even in the face of a whittling down…
I like Mr Peter Obi. Trust me, I do. I first got to know about him way back in the 90’s, while he was still in the UK, I think, courtesy of the early editions of Ovation, before the magazine morphed into what people now know it as. Already wealthy then, his simplicity and outlook…
As an entrepreneur or an entrepreneurial business, there is nothing better than creating a new product or service that no one has ever seen before and turning it into a blockbuster commercial success. There is however another path to success, and this is called, the “fast follower”: There are a lot of organizations who are…
