Business
Port expansion begins to reshape Red Sea shipping routes
New container capacity is pulling transshipment volumes away from established hubs, and freight operators are rewriting their schedules.
Daniel Okoro6 min
Africa Business Editor
Daniel Okoro
Daniel Okoro writes about markets, trade corridors and industrial policy across Africa, with a focus on energy and cross-border finance.
Bureau: Lagosdaniel.okoro@somtiger.com
- Markets
- Trade
- Energy
Stories by Daniel Okoro
Africa
Continental free-trade corridor adds two members
Customs harmonisation is moving faster than road and rail capacity, and hauliers report queues that offset the tariff savings.
Daniel Okoro5 min
Business
Central bank holds rates and signals patience
Policymakers left the benchmark unchanged and removed a line about future tightening from their statement.
Daniel Okoro4 min
Africa
Regional currency union talks resume quietly
Finance ministries have restarted technical work that stalled two years ago, without setting a target date.
Daniel Okoro5 min
Video
Explainer: how container freight rates are actually set
Three minutes on spot rates, long-term contracts and why the two diverge.
Daniel Okoro3 min
Business
Energy grid operators plan for a hotter decade
Peak demand is arriving earlier in the day, and transmission planners are reworking assumptions built in the 1990s.
Daniel Okoro6 min
Business
Insurers reprice climate risk in coastal cities
Premiums rose sharply in flood-exposed districts, and several carriers withdrew from the market entirely.
Daniel Okoro6 min
Africa
Lagos-to-Abidjan highway project clears a milestone
Financing for the first tranche is closed; land acquisition remains the slower problem.
Daniel Okoro5 min