Nigeria

Transition risks for petrostates higher than ever, says report

bne IntelliNews December 5, 2023

Petrostates are currently confronted with significant challenges arising from the ongoing energy transition. The diminishing demand for oil and gas is exerting downward pressure on commodity prices, which in turn threatens future revenue streams.

COP28 talks to save the planet could fall at first fence as oil producers and some rich countries call only for “phase down” of fossil fuels.

Ben Aris in Berlin December 2, 2023

The COP28 talks in Dubai to save the planet from a climate catastrophe look like they are going to fall at the first fence as the oil lobby and some big economies push for a “phasing down” of fossil fuels, rather than the “phasing out”.

Africa’s massive unbanked population creates huge opportunities for incumbent banks and fintech start-ups

Jason Mitchell November 16, 2023

Africa has the most profitable banking sector in the world and its massive unbanked population is creating enormous opportunities for incumbent banks and fintech companies alike.

Saudi Arabia hosts kingdom's first Africa summit, to boost ties, promote stability

bne IntelliNews November 13, 2023

Saudi Arabia is hosting its first ever Africa Summit, underscoring Crown Prince Mohammed bin Salman's (MbS) growing focus on African affairs.

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