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Africa and commodity prices: No longer the kiss of death
Keywords:
Nigeria's economy and the crisis in 2015 with lower oil prices, depreciating currency and decline in foreign investment
03/31/2015
The insurgency in the northeast leads to lack of security, leading to a decline in foreign investment. This adds to the problems created by lower oil prices in 2015, and the depreciating currency. Muhammadu Buhari, a northerner was elected by a 10 point vote margin in March 2015 to help improve the economic situation in Nigeria, Africa's largest country. The U.S. and Europe show a willingness to help the new Nigerian government tackle the many problems it faces.
Grouped Articles
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
In Nigeria’s Election, Muhammadu Buhari Defeats Goodluck Jonathan
New York Times 03/31/2015
Muhammadu Buhari, a Familiar, and Now Less Divisive, Choice in Nigerian Election
New York Times 03/31/2015
Nigeria’s election: Three cheers for democracy
Economist 04/05/2015
Africa and commodity prices: No longer the kiss of death
Economist 04/30/2015
Former Strongman, Taking Over Presidency, Raises Hope in Nigeria
New York Times 05/26/2015
The effects of lower oil prices in 2015 - (4) the effect on African countries
12/12/2014
Oil exporting countries in West Africa such as Nigeria, Ghana and Angola lose oil revenues, oil importing countries in East Africa such as Tanzania, Kenya, Mozambique and South Africa benefit with lower oil import bills.
Grouped Articles
Fall in Oil Prices Threatens Africa’s Economic Growth
Wall Street Journal 12/12/2014
Oil Prices Tumble to Fresh Lows
Wall Street Journal 01/06/2015
Wall Street Journal 01/06/2015
Wall Street Journal 03/25/2015
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
Africa and commodity prices: No longer the kiss of death
Economist 04/30/2015
South Africa's economy in 2014-2017
12/14/2014
Deteriorating prospects for foreign investment in South Africa for 2015. Economic growth is forecast by the IMF to remain below 2.5% for years till the power situation is tackled. Growth is estimated in 2014 at a mere 1.4%, not enough to reduce high unemployment of over 25%. Lower commodity prices for mining exports, and a decline in the value of the rand reduce any benefit from lower oil prices. The government of president Zuma is seen as ineffective in tackling power shortages, and making changes at electricity company Eskom which suffers from cash shortages.
Grouped Articles
South Africa Faces Credit Scrutiny Amid Blackouts
Wall Street Journal 12/14/2014
Wall Street Journal 03/25/2015
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
Africa and commodity prices: No longer the kiss of death
Economist 04/30/2015
Weak Power Grids in Africa Stunt Economies and Fire Up Tempers
New York Times 07/02/2015
The Betrayal of Mandela’s Promise
Wall Street Journal 08/20/2015
South Africa's elelctricity company Eskom- cash shortages, lack of investment and power shortages crimping the economy 2014-2016
12/14/2014
Growth forecast shows growth slowing to 2.5%, not enough to make a dent in unemployment over 25%. A drop in the value of the Rand, lower mining commodity prices for exports, reduces any benefits from lower oil prices in 2014-2015.
Grouped Articles
South Africa Faces Credit Scrutiny Amid Blackouts
Wall Street Journal 12/14/2014
Wall Street Journal 03/25/2015
Businesses Seek Out New African Frontiers
Wall Street Journal 04/01/2015
Africa and commodity prices: No longer the kiss of death
Economist 04/30/2015
Weak Power Grids in Africa Stunt Economies and Fire Up Tempers
New York Times 07/02/2015
Zambia Copper Producer Halts Production Over Power Shortages
Wall Street Journal 08/04/2015
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