Congo Views

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Inga III Advances, But Risks Remain

Although the DRC has claimed that development of the Inga III dam is set to start in 2015, we continue to adopt the view that the project will likely suffer significant delays based on previous false...

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Vodacom 2013 Results: Data Story

South African mobile operator Vodacom released its FY2012/2013 results, showing slow growth in South Africa, but much a much better performance in other sub-Saharan markets. In line with industry...

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Current Account Heading Into The Red

Stagnating oil production and heavy dependence on imports will cause the Republic of the Congo (Congo-Brazzaville) to post a deepening current account deficit over the coming years. BMI predicts that...

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Saudi Pumps Life Into Nacala Refinery

Saudi Arabia's Radyolla Group is showing interest for the long-stalled Nacala oil refinery in Mozambique. The initial project, buried in the ravels of the financial crisis in 2008, is now growing...

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Agreement Signed, But Framework Hollow

BMI View: The Addis Ababa 'Framework Agreement' signed on February 24 is more a statement of principles than a detailed peace plan, and we doubt it will meaningfully improve the security situation in...

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