The DRC’s national insurance company Société Nationale d'Assurances (SONAS) is alleged to be a lucrative source of income for President Joseph Kabila. While the country’s insurance sector has been formally liberalised, SONAS’s informal monopoly over the sector will remain in place for the foreseeable future.
Over the past decade China’s relationship with Africa has become much more complex, and can no longer be defined by the simple need to secure access to natural resources. Ultimately, Beijing’s engagement with Africa is believed to be a part of a long-term strategy to restore China to global prominence.
Ghana’s extensive renewable energy resources are attracting increased attention from investors around the world. However, despite a sizeable market offering that holds significant long-term growth prospects, Ghana’s renewable energy sector is still relatively underdeveloped, and continues to suffer from weak and unclear policies and regulations.
The liberalisation of the DRC’s insurance sector, spearheaded by legislation opening the market to international players, is attracting increased attention. However, despite a sizeable market offering that holds the promise of growth prospects, the country’s challenging operating environment may serve to deter potential investors. As with any regulatory overhaul, teething issues are expected.
Wildlife poaching and trafficking in Sub-Saharan Africa is a growing trend, facilitated by an environment characterised by corrupt officials and political elite, and well-established local and regional criminal networks. Apart for the obvious environmental and social costs, this illicit trade has a direct bearing on the reputation of foreign investors in the region.
As Nigeria’s President Muhammadu Buhari’s anti-corruption efforts continue to stall, concerns are increasing that his war against corruption has been reduced to a thinly veiled excuse to target members of the political opposition. To maintain the credibility of his public stance against corruption, Buhari cannot afford to spare corruption within his own administration.