Alexis Akwagyiram
Managing Editor, Africa at Semafor
Managing Editor @SemaforAfrica. Previously @FT, @Reuters Nigeria bureau chief, @BBCWorld. Ghanaian family, British accent. Sign up: https://t.co/1BAR5cVDu6
Articles
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1 week ago |
semafor.com | Alexis Akwagyiram
The escalating conflict between Israel and Iran has prompted fears about the impact on economies across Africa. Oil prices have surged following Israel’s initial strikes on Iranian targets on Friday and retaliatory attacks by Tehran amid concerns that a broader regional conflict could disrupt oil exports from the Middle East.
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2 weeks ago |
semafor.com | Alexis Akwagyiram
The African Credit Rating Agency, an initiative set up to provide an alternative to the so-called Big Three ratings agencies, will be launched by the end of September, according to the African Union. It comes amid a deepening row over Fitch’s downgrading of the African Export-Import Bank (Afreximbank), which has reignited a debate about Western institutions’ influence over perceptions of risk around African lending that leads to steep capital costs.
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3 weeks ago |
semafor.com | Alexis Akwagyiram
African economies could be in for a bumper year with gold prices hitting record highs, a prospect that is driving some governments to shore up their control of mines. Gold prices have risen in recent months as investors have flocked to the metal amid uncertainty around US trade policies. The price of gold stood at $3,344.49 an ounce during early trading on Monday.
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1 month ago |
worldenergynews.com | Alexis Akwagyiram |Joseph Keefe
Saudi Arabia's oil minister says markets are calm; Fed may not rush to raise interest rates. Brent crude held steady around $59 a barrel on Wednesday as Saudi Arabia's oil minister said oil demand is growing and markets are calm. Oil prices crashed by 60 percent between June and January to a post-2009 low near $45 a barrel but have since recovered. "Markets are calm now ...
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1 month ago |
semafor.com | Alexis Akwagyiram
A leading pan-African industrial park developer is betting that uncertainty around global trade will drive the continent’s most populous nation to support local manufacturers to replace imported goods and tap into “massive” local consumption.
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RT @semafor: 🟡 SCOOP: Trump’s top Africa diplomat, Troy Fitrell, has told colleagues he will leave the State Department in mid-July, @Gjesd…
African economies (most notably Ghana) could be in for a bumper year with gold prices hitting record highs, a prospect that is driving some governments to shore up their control of mines. https://t.co/bX73lEt71C https://t.co/tnUGaroGdQ
Organised crime groups in Africa have embedded themselves in gold supply chains to such a degree that they now present “a serious global threat,” a UN report warns. https://t.co/vPr8yLd5KP — via @SemaforAfrica https://t.co/naRNX56hcJ
