Recent Developments in African Economies: Namibia Leads in Drilling Rig Demand, South Africa Faces Retail Sales Decline, Nigeria Resolves Forex Forward Liabilities, and Oil Prices Rise
Here's your morning Biz News. Namibia's prominence in the competitive energy sector is underscored by its top-five position among African countries with the highest demand for drilling rigs, according to the State of African Energy 2024 Outlook. The African Energy Chamber recognizes Namibia's significant role in efficient and sustainable resource exploration. South Africa experiences a 0.9% year-on-year decline in retail sales in November, following a revised 2.3% drop in October, […]