La pandémie a créé un besoin urgent de plus de capital patient en Afrique. Les gouvernements de tout le continent étant confrontés à des contraintes budgétaires tout en reconnaissant l'importance des investissements dans les infrastructures et les services essentiels, le PE et le VC offrent une voie intéressante pour le soutien financier. La pandémie a également accéléré la numérisation…
The global oil industry had yet to recover from the price crash of 2014-15 by the time the pandemic hit in early 2020, which meant that upstream operators and service providers were already grappling with cost-related challenges and falling profit margins. The pandemic-induced shock to the global oil market served to exacerbate these trends and forced companies to reappraise expenditure plans and…
In light of a recent article published by Oxford Business Group on the introduction of a global minimum corporate tax rate, Managing Editor for the Middle East and Asia, Patrick Cooke, discussed the possible implications of these new tax rules on emerging economies and their Covid-19 recoveries in an interview with Singaporean radio station, Money FM 89.3.…
In early 2020 the global economy faced a historic oil price drop in conjunction with global restrictions that curtailed transport and economic activity – both of which depressed demand for hydrocarbons at the national and global level. The industry has since bounced back, driven by ongoing recovery in top energy-consuming industries. This has led to a growing need for midstream infrastructure in…
Despite the recent spike in cases, Trinidad and Tobago responded to the onset of the pandemic swiftly and comprehensively, not only through containment measures but also fiscal and monetary interventions. These steps, coupled with a robust health care system and a young population, helped it remain resilient in the face of declining global commodity prices in 2020. Similar to other energy-focused…
Kuwait entered the pandemic in a relatively resilient position thanks to strong fiscal buffers, favourable demographics and an advanced health care system that benefitted from sustained investment that was proportionally higher than many of its wealthy GCC peers. These foundations enabled Kuwait to cope with the most severe medical and economic challenges related to the pandemic in 2020, and the…
Despite relatively low banking and insurance penetration and capital markets participation, the stability and liquidity of Egypt’s financial institutions has supported measures taken to successfully navigate the Covid-19 pandemic. In the recovery phase, Egypt’s strategy to move towards a cashless economy and boost financial inclusion through digitalisation and financial technology (fintech) adoption…
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The Covid-19 pandemic that spread quickly around the world after emerging in the city of Wuhan in December 2019 has been hard for many and extremely tragic for some. There are currently over 26.5m cases worldwide and almost 900,000 people have succumbed to the virus. Unofficially both figures are expected to be much higher, with the lack of testing and diagnosis in some parts of the world preventing…
The petrochemicals and logistics sectors have been some of the most exposed industries in Latin America and across the world during the past 13 months. Both critical to the region’s economies, they faced substantial headwinds in the early months of the pandemic, such as closed borders and strict measures on industrial operations. For petrochemicals and chemical firms, the immediate impact has been…
