Category: ECONOMY & INDUSTRY

The Big 3

The Oil Price Is Now Controlled By Just Three Men Bin Salman, Trump and Putin are calling the market shots. The prince may struggle to defend output cuts against a hostile Trump and indifferent Putin.   Read more…   http://www.romanopisciotti.com/index.php/2018/11/19/bin-salman-trump-and-putin-are-calling-the-market-shots/   Article presented by Romano Pisciotti, oil terminal expert   What is the ‘Organization Of Petroleum […]

Big Africa

In our experience, the instinct of most businesspeople is to underestimate Africa’s size and potential as a market and overestimate the challenges of doing business there.       Romano Pisciotti teaches at the Rome Business School in Lagos

Oil and the Global Economy

Article recommended by Romano Pisciotti – ITALMOTOR – IVECO dealer Nigeria     “US crude oil production reached 11.3 million barrels per day (b/d) in August 2018, up from 10.9 million b/d in July. This is the first time that monthly US production levels surpassed 11 million b/d. US crude oil production exceeded the Russian […]

Ethiopia to abolish visas for all Africans

Ethiopia to abolish visas for all Africans: Ethiopian President Mulatu Teshome said on Monday that Ethiopia will soon allow fellow African citizens to enter the country without obtaining visas in advance. Efforts are underway so as to start visa-on-arrival procedure for African travelers during the current Ethiopian year, which started on Sept. 1, Teshome told […]

Business & Marketing

Customer value models are based on assessments of the costs and benefits of a given market offering in a particular customer application. Depending on circumstances, such as availability of data and a customer’s cooperation, a supplier might build a value model for an individual customer or for a market segment, drawing on data gathered from […]

Sub Saharan African economies

Sub-Saharan Africa is not growing as fast as expected, here’s why: Sub Saharan African economies are still recovering from the slowdown in 2015-16, but growth is slower than expected, according to the October 2018 issue of Africa’s Pulse, the bi-annual analysis of the state of African economies by the WorldBank. The average growth rate in […]

Ghana

Ghana, one of the fastest-growing economies in the world this year, is a tiny microcosm of forces that are radically reshaping Africa’s interaction with the world.   A new group of outside powers — from China to Brazil and from Russia to Turkey — is gaining a commercial and strategic foothold across a vast continent […]

EGINA 2018

A COLOSSAL PROJECT IN ULTRA-DEEP WATER The project is based on a subsea production system connected to a FPSO (floating production, storage and offloading vessel) designed to hold 2.3 million barrels of oil. Weighing close to 220,000 metric tons and measuring 330 meters long by 60 meters wide, the Egina FPSO is the largest ever […]

Business in Africa

According to the latest ranking Africa Investment Index 2018 (AII), Morocco is the most attractive economy for investments directed to the African continent. The kingdom is characterized by a particularly favorable business environment, a low risk profile, the size of its economy (5th African power) and strong social capital factors, the report notes. According to […]

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