Introduction.

Oil prices have risen precipitously due to vaccines, inoculations, and the gradual reopening of borders across the world. American regulators found the vaccines from Johnson and Johnson to be safe and effective and should arrive in the U.S. as a lower-cost option in United States within days. Other vaccines from AstraZeneca have been equally manufactured and shipped to Ghana, the first recipient under the COVAX category. The 600, 000 doses have been produced by the Serum Institute of India after Ghanaian officials proved that their infrastructure was sufficiently developed to inoculate its citizens across the country.

Admittedly, Moderna announced…

Introduction.

The COVID-19 pandemic a near-halt of the global economy as governments-imposed lockdown measures in other to reduce the spread of the virus. As vaccines are developed and citizens inoculated, governments have begun relaxing lockdown measures. At the height of the pandemic, lockdown and social distancing measures caused citizens across the world to stay at home, while global manufacturing and tourism were badly hit by the effects of the virus. Lower rates of domestic and foreign travel and weaker industrial activity caused demand for oil prices to fall.

As oil prices hit new lows, with WTI falling to $39.16/bl and…

Introduction.

Oil prices have risen precipitously due to vaccines, inoculations, and the gradual reopening of borders across the world. American regulators found the vaccines from Johnson and Johnson to be safe and effective and should arrive in the U.S. as a lower-cost option in United States within days. Other vaccines from AstraZeneca have been equally manufactured and shipped to Ghana, the first recipient under the COVAX category. The 600, 000 doses have been produced by the Serum Institute of India after Ghanaian officials proved that their infrastructure was sufficiently developed to innoculate its citizens across the country.

Admittedly, Moderna announced…

Introduction.

Climate change is the biggest threat to humanity, from the loss of human life, degradation, and extinction of biodiversity, the ecological and financial implications are well documented. Extreme weather events are on the rise, which imperils asset classes ranging from infrastructure to tourism that has come to form a bulwark for economic development and prosperity in several countries across the world. In other to guard against financial stability risks that are latent in extreme climate events, central banks must begin rethinking stress tests and take credible steps to lessen the exposure of economies to climate-induced shocks.

However, the COVID-19…

Introduction.

The Coronavirus imposed a détente in U.S. — Iran relations, as a rising number of cases and deaths kept the saber-rattling to a minimum. However, the end of President Trumps’ presidency is ushering a new era of uncertainty as Iran is poised to increase its enrichment of nuclear-grade Uranium. In 2015, The Joint Comprehensive Plan of Action was signed by the permanent members of the U.N. Security Council and Iran. The agreement enabled Iran to access international capital markets and trade with the rest of the world in exchange for curbing its nuclear program.

However, the U.S. under Donald…

Introduction.

The last year has been wrought with uncertainties across the world stemming from COVID-19 and security challenges in the Northern region of Cameroon. Never has this been more true than in Africa, with underinvestment in the health sector and an ever-growing reliance on foreign financing and loans to fund vital health care services; meanwhile, the last decade has seen a plethora of digital solutions emerge; targeting youths, patients, and civil society. These have contributed to addressing the infrastructural gaps, allowed by years of ill-targeted investments and cash-strapped governments across the continent. …

Climate Change? Africa Needs a Different kind of Oil.

Introduction

COVID-19 has caused significant harm to global manufacturing supply chains and industrial activity, halting transport, and global travel in the process. As global economic and human activity was brought to a grinding halt, African economies felt the brunt with rising current account and fiscal deficits and debt sustainability concerns reemerging ever more strongly. Indeed, 38 out of 53 African countries are currently net oil importers (African Development Bank, (2020)), exposing them to lower oil prices which are poised to recover as vaccines rollout and the reopening of economies ensue. …

Introduction.

The year 2020 will be remembered as the year of the great lockdown, with COVID-19 bringing the world to a grinding halt. The global economy slowed, countless lives are lost and everything from business revenues to profitability plummeted. With all this in mind, one can expect a few things from 2021. This list is not exhaustive but identifies key trends across development that will make or break countries in 2021.

1). Oil Prices Will Recover: Several countries have begun the process of inoculating citizens against the virus. These include but are not limited to the UK, Europe, and the…