RMB has released the highly anticipated 2024 edition of its Where to Invest in Africa report, a comprehensive analysis of the top investment destinations on the continent. The report, which has been developed in collaboration with the Gordon Institute of Business Science (GIBS), leverages a robust methodology that has been updated to reflect new data sources, taking …read more →
Opinion
OPEC+ is Likely to Extend Production Cuts in June
Saudi Arabia and its allies in OPEC+ are likely to keep oil production unchanged for a further three months when ministers review output allocations on June 1. The tightening of petroleum supplies and depletion of inventories widely anticipated at the start of the year have failed to materialise so far. If OPEC+ (Organisation of the …read more →
CNG Bus is the Game Changer
In the midst of despair, there is a beam of hope once again as Nigeria goes on the green with the launch and distribution of Compressed Natural Gas (CNG)-powered buses nationwide from this week, to ease the transportation challenges brought about by subsidy removal. This is not only a dream come true but a fulfillment of …read more →
House of Rep, Deep Blue Project Contract and Recurring Allegations of Fraud
The House of Representatives Committee on Navy recently announced February 22 as the commencement date for another round of probe of the Deep Blue Project awarded to an Israeli firm, HSLI Limited. The House committee had in November 2021 resolved to probe the contract which is the project of the Nigerian Maritime Administration and Safety Agency(NIMASA) and the Federal Ministry …read more →
Understanding the Bills to Fix Our Broken Roads
Udora Orizu examines the problems with Nigerian roads and the need for President Muhammadu Buhari to assent to the road bills passed by the National Assembly, as a sure path to ending the perennial woes over the nation’s federal roads Last October, the Senate finally took what many see as a major step towards arresting …read more →
Africa’s Digital Infrastructure is the Next Playing Field For Great-Power Competition
In June, Nigerian President Muhammadu Buhari blocked Twitter for all of Nigeria in what many believe was a response to the company deleting a tweet of his and suspending the leader’s account. While the government lifted the ban last month, the initial decision came as a shock to Nigerians—especially since many have relied on Twitter …read more →
Solving Africa’s Infrastructure Paradox
There is need and available funding, together with a large pipeline of potential projects—but not enough money is being spent. Most of Africa lags the rest of the world in coverage of key infrastructure classes, including energy, road and rail transportation, and water infrastructure. Taking electricity as an example, entire communities across large swathes of Africa …read more →
Harnessing AI/ML to Transform Your Mission and Save the World
By Wale Akanbi Chief Technical Officer, Aella Credit The field of Artificial Intelligence (AI) and Machine Learning (ML) is advancing rapidly and the adoption of these technologies across industries in recent years has steadily risen. Unfortunately, the potential of these tools to improve people’s lives and address some of the world’s biggest challenges are barely spoken about across mass …read more →
How Can Foreign Technology Investors Benefit from China’s New Infrastructure Plan?
Since the COVID-19 outbreak, China’s new infrastructure plan has developed into a strategy to meet the twin goals of stimulating job creation and preparing for new changes in the global economy, particularly in the realm of technology and sustainable development. Compared to the 2008 construction of traditional infrastructure in the wake of the global financial …read more →
Our Infrastructure Renaissance – How To Seize Real Opportunity?
“The difficulty lies, not in the new ideas, but in escaping from the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.” J.M. Keynes The decade of the 2020’s must be, and promises to be, a time of radical transformation for ownership and operation of …read more →