Powering up Africa through innovation

Recent World Bank investment climate surveys find that the top two constraints for small and medium enterprises (SMEs) in Africa are access to finance and access to energy. Given that SMEs contribute disproportionately to boosting job creation, GDP, and exports, addressing these two constraints is critical to promoting economic development on the continent. A new […]

Interview: ‘We have to use the oil to transform Africa’

In a new book, leading African energy lawyer NJ Ayuk examines how the oil and gas industry could help Africa to peace and prosperity. Some of his assertions are controversial. W: It’s often said that Africa suffers from a resource curse. Economic experts say African countries shouldn’t just concentrate on developing their natural resources but […]

Experts Say Climate Change May Be Making African Drought Worse

Experts Say Climate Change May Be Making African Drought Worse As East Africa struggles through a drought, scientists say climate change may be making the situation worse as a warming planet may be altering the weather patterns that bring rain to the region. In Somalia, the rains failed late last year. And the rains before […]