Global Risk Insights
Global Risk Insights, 6:08 am
While Western Europe led the colonization of Africa in the 19th century, a new race for Africa, led by East Asia and the Gulf, is taking shape. The 2008 financial crisis demonstrated the consequences of rising fuel and food prices. In particular, developed and emerging market countries with sparse arable land have become acutely aware of their vulnerability to food security, all the more so in the face of climate change.
Global Risk Insights, 7:15 am
The increasing interest among pension fund managers in Africa towards private equity investments could hold the key to enhancing the level of capital available for local entrepreneurs. In a study on pension funds based in ten African countries, it is estimated that there are at least $380 billion in pension fund assets under management. Of this amount, $29 billion could be dedicated to private equity investments
Global Risk Insights, 4:16 am
Recent weeks have witnessed a spike in violence in Mali between opposing militias, including the first suicide bombing by the pro-government Gatia militia and numerous other skirmishes and bombings. Al-Qaeda-inspired militants also continue to be a threat, as jihadists killed seven Malian soldiers near the Mauritanian border in early January
Global Risk Insights, 3:10 am
Between falling oil prices and instability in the country’s north linked to a militant insurgency by Boko Haram, Nigeria could be on the brink of social and political collapse. Nigeria must re-invigorate a national effort against the militant group. Boko Haram has entered a new phase in its war against Nigeria and its neighbours, as evidenced by the recent spate of attacks against key towns in northern Nigeria.
Global Risk Insights, 9:21 am
Attacks from Boko Haram and dwindling revenue from oil are creating problems for Nigeria, and poor leadership is only making matters worse. However, Nigeria may have the chance for a fresh start with the February 14th election. The political and economic situation in Nigeria is fraught with instability.
Global Risk Insights, 12:41 am
As one of the largest film industries in the world, behind only India’s Bollywood, Nigeria released over 2,000 films in 2013. This trumps even Hollywood in terms of films produced. Since the 1990s, “Nollywood,” as it is fondly known, has rapidly grown in line with Nigeria’s economic growth. The industry now contributes about 1.4% to the country’s GDP.
Global Risk Insights, 7:52 am
Burundi’s upcoming presidential elections set for June 2015 have been overshadowed by uncertainty and ambiguity, as current President Pierre Nkurunziza aims to stand for a controversial third term. The opposition views President Nkurunziza’s decision to run as a clear violation of article 96 of Burundi’s Constitution, which limits an incumbent to two five-year terms
Global Risk Insights, 4:52 am
For as long as Silicon Valley has existed, attempts to emulate it have sprung up, from Santiago to Tel Aviv. Technology hubs and the innovation clusters they often give rise to are not only sought after to increase employment, income, and tax revenues. Their creation is increasingly becoming a policy goal in and of itself. African countries are no exception.
Global Risk Insights, 8:41 am
Mostly conducted by Nigerian pirates in the Gulf of Guinea, piracy in West Africa has been on the rise for the last years and has proven to be much more sophisticated than piracy originating from the Somali coasts. A decrease in attacks by Somali pirates seems to have been accompanied by an increase of attacks by Nigerian pirates marking a shift of the continent’s maritime hot spots.It not only affects the region’s naval transportation but also its oil industry.