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IMF Facility for Mali: And Hopes for a Resumption of Growth
The Executive Board of the International Monetary Fund (IMF) approved a disbursement of an amount equivalent to SDR 10 million (about US$15.1 million) for Mali under the Rapid Credit Facility (RCF). The disbursement will help the authorities meet their urgent
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PwC, South Africa: Africa Rising
Africa is rising. These days, one cannot pick up a newspaper or magazine without coming across an article or some piece of insightful and fascinating enunciation about the opportunities in Africa. Africa is ripe for the picking and there is
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The BRICS Leaders’ Summit: Rich Outcomes
President Jacob Zuma hosted the Fifth BRICS Summit in March 2013 in Durban, South Africa under the theme: “BRICS and Africa: Partnership for Development, Integration and Industrialisation.” Quite a lot was achieved on financing and development, most notably: The BRICS
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Revenue Watch: 4 out of 5 Companies Fail in Good Governance
The Resource Governance Index (RGI) measures the quality of governance in the oil, gas and mining sector of 58 countries. From highly ranked countries like Norway, the United Kingdom and Brazil to lowranking countries like Qatar, Turkmenistan and Myanmar, the
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Otaviano Canuto, World Bank Group: Fiscal Policy Redux
As part of their response to negative shocks coming from advanced economies after the Lehman Brothers’ collapse in 2008, most developing countries resorted to countercyclical fiscal policy. Such a policy choice was available to many developing economies that entered the
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Oil Producers with Success in Nigeria
London Stock Exchange listed oil and gas producer, Afren, reports a strong start to the year driven by a year-on-year increase of 14% in net production principally from the Ebok and Okoro fields, offshore Nigeria. The group says it remains
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Nigeria’s Economy Grows by 6.6%
At a time when Europe’s growth is stalling and in recession, Nigeria’s economic output is continuing to motor away. However, this growth comes at the cost of inflation which is also running high at 9% per annum and for food even higher
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CFI.co Meets Didelou Falobi
Dideolu Falobi, a certified engineer, graduated from the University of Lagos in 1987. He started his career as a Design and Supervision Engineer (1987-89) and later Junior Partner (1992-1996) with Edison Group & Partners, a foremost Electrical power engineering consultancy
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Shell: Reduced Crude Oil Theft
Shell’s Nigerian unit says crude oil theft from its facilities in the Niger Delta is reducing, a development he attributed to the surveillance of the Joint Task Force, JTF, set up by the Nigerian Government to check the menace. Shell
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Al-Ghannouchi, Our Hero in Tunisia
Rashid Al-Ghannouchi, 71 years, was co-founder of the Ennahda Movement which is now Tunisia’s largest political party. A philosophy graduate of Damascus University, he moved to Syria following the expulsion of Tunisians from Egypt where he was studying in 1964.
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