Author: admin
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Moneda Intelligence July News Wrap Up
July 2026 Energy Libya Libya’s Essar discovery is commercially viable. So is Libya’s instability. What this means… Within about two weeks of each other, two headlines came out of Libya, one read as a comeback story, the other as a crisis story. The first: a new oil discovery, the Essar field, has been confirmed commercially…
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Why Moneda’s ₦30 Billion Commercial Paper Programme Matters
The approval strengthens Moneda’s funding infrastructure and creates an additional channel through which the company can support productive economic activities across Africa. Moneda Investment Limited has received the approval of the Securities and Exchange Commission, Nigeria, for its ₦30 billion Commercial Paper Programme. The approval establishes a framework through which Moneda may access short-term funding through individual issuances under the programme,…
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Moneda Intelligence Monthly News Wrap Up
June 2026 Energy Algeria Algeria has commenced construction of its 2,310 km section of the 4,128 km Trans-Sahara Gas Pipeline (TSGP). Our Thoughts… This marks the first major construction milestone on one of Africa’s most ambitious cross-border energy infrastructure projects. Estimated to cost between $13 billion and $19.5 billion, the pipeline is designed to transport…
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Moneda Intelligence Monthly News Wrap Up
May 2026 Energy Egypt Agiba discovery strengthens Egypt’s path back to energy self-sufficiency. What this means for Egypt Agiba Petroleum, a joint venture between the Egyptian General Petroleum Corporation (EGPC) and Eni, has announced its largest discovery in 15 years through the Bustan South-1X exploratory well in Egypt’s Western Desert. Estimated at nearly 70 million…
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Moneda Intelligence Monthly News Wrap Up
April 2026 Energy Nigeria 68 years after the commercial production of crude oil started, Nigeria has finally become a net exporter of petrol. What changed, when, and at what scale? March 2026 marked a historic turning point in Nigeria’s petroleum sector, as the country became a net exporter of petrol for the first time since…
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Moneda Intelligence Monthly News Wrap Up
March 2026 Energy The Strait of Hormuz Ripple Effect The Strait of Hormuz, a passage that lies within the territorial waters of Iran and Oman, was at the center of global attention during the month of March. It is one of the world’s most critical energy corridors as it provides passage for about 20% of…
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Moneda Intelligence Monthly News Wrap Up
February 2026 Energy Libya Nearly a year Nearly a year after Libya launched its first licensing round since 2007, offering 22 onshore and offshore blocks and attracting interest from 44 companies and one consortium, only two offshore and three onshore blocks were ultimately awarded in February 2026. What this means… The March 2025 licensing round…
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African Finance vs Western Finance: Why Africa Must Reclaim Its Own Model
For centuries, African economies functioned without modern banks, interest rates, or rigid collateral systems. Trade routes linked West Africa to North Africa and the Middle East. The trans-Saharan trade thrived on trust, reputation, and shared risk. In East Africa, Indian Ocean trade connected African merchants to Arabia and Asia through partnership-based commerce. Capital moved through…
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Moneda Intelligence Monthly News Wrap Up
January 2026 Energy Nigeria Heirs Energies acquired a 20.07% stake in Seplat for $496 million, becoming its largest shareholder, with founder Tony Elumelu joining Seplat’s board as a non-executive director. What this means… Beyond OML 17, the stake in Seplat gives Heirs Energies access to a broader and more diversified portfolio. By leveraging Seplat’s mixed…
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Africa Has the Capital. The System Is the Problem
Across the continent, domestic institutional capital held by pension funds, insurance companies, sovereign wealth funds, and development banks exceed $1.1 trillion. According to the Africa Finance Corporation, this pool is expected to grow significantly over the coming decades. Pension funds alone manage roughly $455 billion. Yet only a very small share of this capital flows to small and medium-sized enterprises…