South Africa

Expert Voices

Coal plant crisis in South Africa raises concerns about stranded assets

South Africa’s largest state-owned company, the utility Eskom, is currently in a financial crisis that threatens the broader economy. According to a former high-ranking government official, the crisis stems mainly from two of the world's largest coal plants financed nearly a decade ago that have dramatically underperformed expectations and now threaten billions of dollars in losses.

Expert Voices

Reform programs set Angola on the road to economic recovery

Given the recent the Al-Shabab terror attack in Kenya, the ongoing unrest in Zimbabwe, and upcoming elections in Africa’s two largest economies, investors are taking pause when looking at the region. But Angola is standing out as a bright spot, where, after years of economic downturn, a 2019 recovery has come into view.

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