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Higher oil prices are not benefiting African exporters

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AFRICA

African oil output has fallen in recent years, hitting government revenues, external balances and credit ratings. Meanwhile, debt servicing costs have risen. With investors more…

South Africa faces structural reforms commitment tests

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SOUTH AFRICA

That is well above the less than 1% average growth rate over the past eight years but little more than half the IMF’s forecast for global recovery, reflecting South Africa’s…

Climate change to hit development in the global south

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INTERNATIONAL

In a scenario in which it becomes increasingly evident that carbon neutrality will not be reached by 2050, governments may switch the focus of spending from the energy transition…

Climate risks on course to intensify globally

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INTERNATIONAL

The publication outlines threats posed by climate change to human wellbeing and natural systems, arguing that there is a brief, closing, window in which to avoid the worst…

Foreign investment fall will continue in Latin America

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LATIN AMERICA

The contraction is considerably greater than the expected reduction in FDI globally. The report also warns that a post-pandemic reorganisation of global supply chains may pose…

Pressure for drastic climate action to build post-COP

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INTERNATIONAL

The agreement has been widely criticised for its shortcomings, not least its failure to secure commitments to end coal use and to make major breakthroughs in climate governance…

Regional super power grids face political obstacles

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INT

Its proponents argue that interconnecting the world’s power grids would make it easier for renewable energy, however remotely it is generated, to replace most fossil fuels in…

Jakarta will champion developing countries in G20 role

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INDONESIA

Indonesia is the G20’s president this year. It is set to host the 17th G20 summit in Bali in late October.

Politics will constrain global energy subsidy cuts

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INTERNATIONAL

Several Australian and international banks have declined to provide the Carmichael project with financing, and Adani is seeking a loan of 1 billion Australian dollars (743.5…

Baku and Tbilisi will be main threat to EU power plan

Location:

CAUCASUS

A series of Black Sea connectivity projects is a promising development for both the South Caucasus and the EU. Georgian electricity exports could play a part in reducing European…