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US Sanctions Woke China, and Today American Firms Are Losing Ground in China
The periwinkle rarely drops the precious gems until it is cracked. For years, China has possessed latent capabilities in the semiconductor industry. But magically, to...
China’s Semiconductor Industry Surges 40% Amid US Trade Restrictions
In the wake of US trade restrictions on advanced chip-making equipment, China's integrated circuit (IC) output witnessed a remarkable surge of 40% to 98.1...
Nigeria’s FX Reserves Not Being Used to Defend the Naira – Central Bank Governor
Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has sought to allay concerns surrounding the country's declining external reserves, which have...
Nigeria’s Fuel Subsidy Is Back At Scale
On July 28, 2023, I wrote “Nigeria will either pause the full floating of its currency or return back to fuel subsidy within 6...
2024 Africa Wealth Report: Henley & Partners Projects Millionaire Growth of 65% in Next...
Amidst its immense diversity and complex socio-economic fabric, the African continent is carving out a formidable presence in the global wealth arena with the...