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  • Eni, BP in talks over oil and gas assets in Algeria
    BP and Eni are in talks over the future of their oil and gas assets in Algeria as the two groups increase efforts to refocus their businesses to tackle falling margins, rising debt and climate pressures, three sources said. Europe's top energy companies are cutting back their oil and gas portfolios to keep only the assets most likely to be profitable and redeploy capital for a transition to clean energy as uncertainty mounts over future demand for fossil fuel. By Ron Bousso, Dmitry Zhdannikov & Stephen Jewkes
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    Company News
    #StartupFunding101: Raising capital in Africa and crossing the bridge to the US

    Pardon Makumbe, co-founder and managing partner of CRE Venture Capital, chats about the challenges of raising capital in Africa and shares advice on crossing the bridge to the US...

    By Evan-Lee Courie 18 May 2021

    African sovereign wealth funds double down on governance to power growth and prosperity

    A new study covering 11 African countries shows that most have a sovereign wealth fund or are in the process of establishing one...

    28 Apr 2021

    2020 a slow year for dealmaking in Africa, but post-pandemic opportunities look promising - Part 3

    In the final part of this three-part series, we analyse M&A data from Kenya, Mozambique and Nigeria...

    By Wildu du Plessis and Morne van der Merwe 1 Mar 2021

    What is sustainability accounting? What does ESG mean? We have answers

    Sustainability is a hot topic today due to increasing awareness of climate change and inequality, among other pressing issues...

    By Leanne Keddie 3 Feb 2021

    Energy resources can spark Africa's economic growth

    Despite the Covid-19 pandemic, not all of the economic news in Africa has been negative. We continue to see promising developments...

    By NJ Ayuk 4 Nov 2020

    Covid-19 impact on consumption patterns in Africa's key markets

    Prior to the pandemic, Africa was identified as one of the fastest-growing consumer markets in the world, with household consumption growing even faster than GDP...

    23 Jul 2020

    The African Continental Free Trade Area - from agreement to implementation

    The Agreement Establishing the African Continental Free Trade Area (AfCFTA) was brokered by the African Union (AU) and adopted by 44 of its 55 member states on 21 March 2018. By February 2019, all AU countries, save for Eritrea, had become signatories to the AfCFTA, which came into force on 30 May 2019...

    By Robyn Berger, Theunis Claassen and Catherine Robson 30 Jun 2020

    #LockdownLessons: Paxful launches #BuiltWithBitcoin Africa Fund in lockdown

    Artur Schaback, one of the co-founders and COO of Paxful, shares how the company has adjusted to life under lockdown...

    By Evan-Lee Courie 19 May 2020

    Europe and African relations post Covid-19: time to add size, scale and speed

    Since 2000, European and African leaders have been talking about giving the partnership between the two continents a "new strategic" dimension...

    By Carlos Lopes 1 Apr 2020

    The cost of coronavirus in Africa: What measures can leaders take?

    With the novel coronavirus Covid-19 having reached the African continent, countries are getting ready to manage the spread of the virus and ensure that their fragile health systems can cope...

    By Dorothy Tembo 1 Apr 2020

    AfDB launches $3bn 'Fight Covid-19' Social Bond

    The African Development Bank's new $3bn Fight Covid-19 Social Bond is the largest dollar-denominated social bond ever launched in international capital markets to date...

    30 Mar 2020

    African countries aren't getting as much as they should from foreign direct investment

    Economic growth is driven by a number of factors. These include foreign direct investment, national savings, household spending, fiscal and monetary policies...

    By Muazu Ibrahim 25 Feb 2020

    Fear spreads easily. That's what gives the Wuhan coronavirus economic impact

    One way to count the cost of the Wuhan coronavirus is by how many people catch it, and then how many die. Another is the direct financial costs of public health measures to treat those infected and contain its spread...

    By Ilan Noy 30 Jan 2020

    How CEOs, experts and philosophers see the world's biggest risks differently

    We live in a world threatened by numerous existential risks that no country or organisation can resolve alone, such as climate change, extreme weather and the coronavirus...

    By Christopher Michaelson 28 Jan 2020

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