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Lobito Invests For Transit Trade

BMI notes that the South African port of Cape Town is under increasing competition for transit business in southern Africa as ports in nearby Namibia and Angola invest in developing their own...

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Closing The Refining Gap

BMI View: Sonangol has finally started the construction of the Lobito refinery. After numerous delays, production is now scheduled to start from 2017 onward. Additional refining capacity will ease...

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Divide Widens Across The Pond

BMI View: As expected, weak demand continued to rein in price spikes in November. The Israeli bombardment of the Gaza Strip and a temporarily solution to the Greek debt crisis saw Brent rise to US$...

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Africa Q1 2013

Africa has more than half the world's reserves of gold, chrome and platinum, and vast quantities of diamonds. Uranium mining should also become an increasingly important source of revenue,...

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