(EnergyAsia, July 15, Wednesday) — The global economic crisis is hitting Africa’s economies hard, with little prospect for near-term relief. According to the World Bank and the International Monetary Fund, the worst affected are the oil and commodity exporting countries. Oil prices have fallen by around 60% from their July 2008 peak of US$147 per…
AFRICA: Regional economies reeling from global economic crisis
Posted on July 14, 2009 by EnergyAsia