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Africa's Power Market

Africa’s Power Market is Learning to Share

Shirley Webber, Coverage Head, Resources & Energy at Absa CIB and Nikhil Kasiram, Resource and Project Finance: Power and Infrastructure at Absa CIB British power developer Gridworks recently signed two landmark agreements with the Government of Uganda to begin construction on the Amari Project, widely regarded as Africa’s first independent transmission project to reach this […]

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Rising oil prices boost African exports and challenge importers amid economic shifts.

Rising Oil Prices Test African Importers, Boost Exporters

Rising oil prices are widening economic divergence across Africa, increasing cost pressures for fuel-importing countries while strengthening fiscal balances in oil exporters such as Nigeria and Angola. Escalating tensions in the Middle East and renewed risks to shipping through the Strait of Hormuz, which carries nearly one-fifth of global crude supply, have tightened energy markets […]

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