EMerging Equity
North Africa
How Green Energy Will Change Africa
By Christine Mungai In 1977, the average price of generating energy from sunshine was $76.67 a watt. Today, the price has dropped to just $0.60 a watt. It’s a stunning 99.2% drop in 38 years, and solar energy is soon going to reach “grid parity” all over the world – the point where it is cheaper, or at … Continue reading
Libya Requests U.N. For Tanks, Jets, Arms To Fight Islamic State; Declares Force Majeure On Oil Fields
Libya has reportedly requested the United Nations (UN) for permission to import 150 tanks, 24 fighter jets, 7 attack helicopters, tens of thousands of assault rifles and grenade launchers, and millions of rounds of ammunition from Ukraine, Serbia, and Czech Republic, according to a report from Reuters on Wednesday. The North African nation has submitted a written … Continue reading
U.S. Imperialism And Militarism Breeds Instability In Africa – OpEd
By Abayomi Azikiwe An escalation in violence in Libya has prompted the call from Egyptian President Abdel Fattah al-Sisi for military intervention by the “international community.” Such an appeal suggests that the Egyptian leader, who staged a military coup against the former President Mohamed Morsi in July 2013, is requesting a renewed imperialist-led campaign in … Continue reading
Libya Warns Of Complete Oil Production Shutdown As Attacks Increase
Libya’s state-run oil company – National Oil Corp. (NOC) – has warned that it will shutdown oil production at all fields if the nation’s authorities fail to contain a rapid increase of attacks on its facilities, Bloomberg reported on Saturday. “If these incidents continue, National Oil Corp. will regrettably be forced to stop all operations … Continue reading
Who Gains And Who Loses From Plunging Oil Prices In The Middle East And North Africa Region?
By The World Bank Judging by the futures market, where the price of oil for delivery in August 2015 is US$56 per barrel, there is little optimism about a recovery in oil prices. With cheap oil looking like it is here to stay, the latest Quarterly Economic Bulletin offers a breakdown by country of the … Continue reading
Libya Faces Heightened Threats Of Renewed Western Intervention
By Abayomi Azikiwe Recent reports related to Libya claim that Islamic State (IS) camps have been set up in the North African state, a country in chaos since the United States-NATO led bombing and ground war of regime in 2011 resulting in the ousting of the Gaddafi government and the destruction of Africa’s once most … Continue reading
Africa Needs An Industrial Revolution
Techcabal‘s Bankole Oluwafemi writes that schools across the continent need to introduce a greater “maker culture” to help develop Africa’s industrial development – and to help the technology scene throughout the continent achieve its full potential. I attended the Intel Developer Forum in September. Visiting the Mecca of Tech for the first time was great. … Continue reading
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