The benefits of the North American oil boom on this side of the Atlantic are well-documented – and the same technologies might help developing nations. But Europe's energy industry, which separately became a target of a price-fixing investigation, could emerge as a loser.
Even though production of oil from new fields in the U.S. is booming, there is a consistent decline in production from old fields around the world, and OPEC members have not increased production. Meanwhile, though demand for oil is falling in the US, it continues to grow around the world.
Several African economies are among the fastest growing in the world, but to transform cash into social prosperity will require more attentive involvement from the state, writes Lee-Roy Chetty.
South Africa, Nigeria, Angola, Ghana, and Ethiopia all have economies that are growing at a brisk pace. But their future depends on how they invest that money, writes Matthew Hawkins.
After losing last month's election, Raila Odinga has turned to the Supreme Court to contest the vote tally. The court's ruling is likely to be as political as it is legal, writes Ken Opalo.