Africa’s energy crossroads: The market forces, coal and oil, are making way to renewable energies.
The following article is based on information obtained by the author while undertaking a comparative study on African nations’ competitive statuses for a client of IOA. Other IOA research is also referenced.
Africa’s energy landscape is changing, driven by new market imperatives and technological innovations. Vested interests seeking to preserve the dominance of old forms of energy may be resisting, but cannot hold back the tidal force of an evolving energy market place. Coal and oil are becoming dinosaurs, not just because they are literally composed of the remnants of prehistoric plants and animals, but because money is gradually moving toward renewable energies: geothermal, hydropower, solar and wind.
GBR World Congress Report 2018
Global Business Roundtable
World Congress Report 2018
Stimulating intra-African trade has been a top discussion point over the last decade. The recently signed Continental Free Trade Area agreement between all 54 states will look to address key concerns in terms of trading within Africa. This agreement will also need to be taken into account within the context of evolving industries across the continent, but also specifically in countries such as Angola, Kenya, Nigeria, Rwanda, Tanzania and Zambia.
IOA’s latest report, in partnership with the Global Business Roundtable, provides key insights on the shifting nature of trade agreements in Africa, the evolution and decentralisation within top sectors such as energy, mining, ICT and agriculture, and the relevant opportunities for small business growth in these focal areas.
The Africa Country Benchmark Report (ACBR) 2017
The Africa Country Benchmark Report (ACBR) is the definitive resource for understanding Africa, providing comprehensive assessments of all 54 African countries. The report scores, ranks and insightfully assesses each country holistically, as well as across business, economic, political and social factors, all presented in an 800-page infographic-driven publication.
View the ACBR intro video below or click here for more information on the ACBR.