Africa's natural gas sector is attracting $250+ billion in capital investment through 2035, yet 70-85% of associated insurance premiums-approximately $1.8-2.4 billion annually-flow offshore to London, Munich, and Bermuda markets. This capital flight is ending. Nigeria enacted comprehensive insurance reform in 2025 mandating local placement. Ghana, Kenya, and Mozambique have strengthened retention requirements. South Africa is revising domiciliation thresholds.
Risk Signal
Brent crude at $62.50 represents more than a pricing problem-it's a multi-line insurance stress test. African oil-dependent economies budgeted for $75-80 Brent, creating estimated $15-20 billion aggregate fiscal shortfalls across Nigeria, Angola, Gabon, and Chad. For underwriters, this triggers a cascade: political risk...
A gas field is a dormant national asset. A financial guarantee is a catalyst. When strategically connected, they form an unstoppable engine for progress.
The challenge across many African energy projects has not been potential but perceived and unmanaged risk- the factor that restricts capital inflow and delays execution.
The Hidden Cost of Nigeria’s Power Subsidy
Category: Energy Risk | Analysis
Nigeria’s energy subsidy may appear as relief for citizens, but it quietly erodes investor confidence and insurance underwriting discipline. With rising global energy premiums, insurers are recalibrating risk...
Beyond Oil: Africa’s Quiet Lithium Race
Category: Business Intelligence | Emerging Markets
While the world debates OPEC decisions, African economies are quietly positioning for the lithium revolution. From Zimbabwe to Nigeria, mining investors are waking up to new opportunities- but...
Africa holds 30% of global mineral reserves critical to the energy transition-including over 70% of global cobalt production from the Democratic Republic of Congo, substantial lithium deposits across Zimbabwe, DRC, and Mali, and significant graphite reserves in Mozambique.
