Africa | The Green Revolution: where does Africa fit in?
Africa is a key source of the minerals that will be central to the green energy transition. The level of proven reserves means that the continent stands to benefit considerably if it is able to generate the investment needed to increase production. This will assist with diversification efforts in West Africa and could propel the DRC onto a stronger development trajectory.
What you will learn:
- The surge in commodity prices is expected to be short-lived, but fundamentals for minerals used in green technology remain favourable.
- The Great Lakes region, West Africa and South Africa are host to some of the world’s largest ‘green mineral’ reserves.
- South Africa’s mining sector prospects do not look bright in a broader green transition context. However, the fact that it is host to the world’s largest manganese reserves means there is cause for optimism.
High debt costs suggest European office price correction
Our analysis suggests a 10% correction is needed on average for the major office markets in Europe to compensate for the higher cost of debt, with prime yields required to soften by 10bps-75bps to generate a low-risk interest coverage ratio at a reasonable LTV.Find Out More
Why an ageing population doesn’t mean soaring inflation
What’s the future for inflation? Joachim Nagel, the new president of Germany's central bank, believes the rapidly ageing global population will play a key role – ramping up pressure on prices in the medium term. While we agree slowing labour supply will stifle output growth, in his recent discussion Nagel failed to fully consider the demand side of the argument.Find Out More