Angola: Oil sector leads foreign direct investment in 3Q 2018

Angola: Oil sector leads foreign direct investment in 3Q 2018

The United States, France, China, Italy and the United Kingdom were the main foreign investors in the oil sector in Angola in the third quarter of 2018, according to figures released by the National Bank of Angola. Advertisements

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Global Markets: Investors spooked by Brazilian Vale’s surprise CEO shake-up

Global Markets: Investors spooked by Brazilian Vale’s surprise CEO shake-up

Investors were skeptical on Sunday about the surprise decision by Brazil’s Vale SA to remove its high-profile chief executive in the wake of a deadly January accident at one of the world’s largest iron ore miner’s facilities.

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Sustainability: Global investors say lack of climate action risks financial crash

Sustainability: Global investors say lack of climate action risks financial crash

Global investors managing a combined $32 trillion in assets warned negotiators at the UN climate summit that the lack of action on climate change could provoke a financial crisis much deeper than the 2008 meltdown. For instance, investment firm Schroders said that the global economy could see losses of $23 trillion in the long run without rapid action. On the contrary, a rapid clean energy transition could result in enormous benefits. “The low-carbon economy presents…

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Sustainability: Mega investors urge G7 to speed up climate action, set coal aside

OSLO – Institutional investors with $26-trillion in assets under management called on Group of Seven leaders on Monday to phase out the use of coal in power generation to help limit climate change, despite strong opposition from Washington, as reported by Reuters.

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Africa Mining: Zimbabwe focuses on policy certainty to revive mining investment

The Zimbabwean government is committed to ensuring mining policy certainty to win back investment and revive the industry, Mining and Mining Development Minister Winston Chitando said at an investor seminar in Johannesburg.

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Global Oil & Gas: Oil Investors See Renewables As Unattractive

Pressured by investors who expect to see higher returns after the oil price downturn, oil and gas companies are finding themselves without much incentive to invest in renewable energy technologies, according to fund managers and oil executives who spoke to Houston Chronicle at the CERAweek by IHS Markit in Houston.

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Africa Energy: Investors target Zimbabwe energy sector

Zimbabwe has become a magnet for billionaire global firms such as General Electric (GE) and the Enel Group of Italy, in what is seen by observers as a massive vote of confidence in the country’s investment opportunities and critically, the new administration.

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