『The Six』のカバーアート

The Six

The Six

著者： BEJ Media
無料で聴く

概要
 Africas Six Regions Explained© 2026 Black Executive Journal™. All Rights Reserved. 個人ファイナンス 経済学
エピソード
  • BGFI's Listing More Than Tripled Central Africa's Stock Market

    BGFI's Listing More Than Tripled Central Africa's Stock Market
    2026/11/12
    Six Central African countries share one central bank, one currency pegged to the euro and one stock exchange, the BVMAC, which has seven listed companies. Gabon's BGFI Holding listed in May and the market's equity value rose from about 478 billion CFA francs at the end of 2025 to 1.78 trillion by Nov. 11, 2026. This episode explains how the bloc works, what the oil shock did to its reserves, and what to watch as new IMF programmes wait on a regional review. What we coverCEMAC's six members (Cameroon, the Central African Republic, Chad, the Republic of Congo, Equatorial Guinea and Gabon) had 67.8 million people and a combined GDP of $132.7 billion in 2025; hydrocarbons are about 70% of exports (World Bank).The Central African CFA franc is fixed at 655.957 per euro. When oil prices fell by about half from mid-2014 to end-2016, BEAC reserves fell from 5.7 months of imports to 1.9, and from $18.2 billion in 2013 to $4.2 billion in 2016 (IMF).On Sept. 28, 2026, the BEAC held its main rate at 4.50% after a June cut from 4.75%, put reserves at 4.53 months of imports, and forecast 3.0% growth for 2026 with inflation at 2.2% (BEAC via Gabonreview).The BVMAC had six listed companies at end-2025. BGFI Holding listed on May 7, 2026, and raised about 125.9 billion CFA francs over two phases; on Nov. 11 the market's shares were worth 1.78 trillion CFA francs, and 33 bonds were listed with 1.37 trillion outstanding (BVMAC).Only Chad has an active IMF loan programme among the six. A review of the bloc's regional commitments, suspended since December 2025, could be approved in December; Gabon targets a staff-level agreement by end-2026 (Business in Cameroon; Reuters). Chapters(0:00) Cold open(0:19) The bloc(0:43) One currency(1:02) The oil shock(1:30) The bank today(1:52) The exchange(2:43) The debt market(2:54) The imf(3:09) What to watch(3:49) The bottom line Data and policy tracker: six.blackexecutivebrief.comWatch the video edition on YouTube: The Black Executive Journal. Reach founders, investors and executives: advertise with The Black Executive Journal: www.blackexecutivebrief.com/advertise SourcesBVMAC: Official bulletin, Nov. 11, 2026BVMAC: BGFI Holding listing press releaseWorld Bank: CEMAC Economic Barometer, Aug. 2026IMF: CEMAC departmental paper, 2018Gabonreview: BEAC holds rates, Sept. 28Gabon Media Time: BEAC keeps rate at 4.50%Le Fisk: BEAC cuts rate to 4.50% in JuneBusiness in Cameroon: BVMAC at end-2025Financial Afrik: BGFI's second phaseSika Finance: BGFI closes at 126 bn CFABusiness in Cameroon: CEMAC eyes December IMF breakthroughGabonreview: CEMAC-IMF talks on regional assurancesUkumbi Afrika (Reuters): Gabon targets IMF dealNorvan Reports: Congo's IMF talksThe Six: AU regional data and policy tracker The Six is a Black Executive Journal series explaining the forces shaping the African Union's five regions and its Sixth Region, the global diaspora.
    続きを読む 一部表示
    4 分
  • Egypt's Pound Hits a Record 56 per Dollar Before Its IMF Program Ends

    Egypt's Pound Hits a Record 56 per Dollar Before Its IMF Program Ends
    2026/11/11
    On Oct. 26, Egypt's pound passed 56 to the US dollar for the first time, three days before the central bank's first rate increase since March 2024. Since 2016 Egypt has floated or devalued its currency five times, drawn an IMF loan raised to $8 billion and signed Gulf coastal deals worth $35 billion and $29.7 billion. This episode explains how the reset worked, what the Iran war did to it, and what to watch before the IMF program ends on Dec. 15. What we coverThe pound hit a record low beyond 56 per dollar at the central bank on Oct. 26, 2026, against about 8.8 before the November 2016 float (LSEG; Arab Reform Initiative).On March 6, 2024, the central bank floated the pound and raised rates 6 points to 27.25%; the pound fell from about 30.9 to near 50 and the IMF raised its loan from $3 billion to $8 billion. Abu Dhabi's ADQ had agreed a $35 billion Ras El Hekma deal weeks earlier (BNN Bloomberg; ADQ).Remittances reached a record $47.3 billion in FY2025/26, up from $36.5 billion, and net international reserves hit a record $57.5 billion at the end of October 2026 (Central Bank of Egypt).After the Iran war began on Feb. 28, 2026, foreign holdings of Egyptian T-bills and bonds fell about $11 billion in March, to $27.1 billion. On Oct. 29 the central bank raised its deposit rate to 20% and its lending rate to 21% (Ministry of Finance; CBE).Urban inflation eased to 12.7% in October 2026, down from 38% in September 2023. The IMF's final review, worth about $2.3 billion, is targeted for board approval by mid-December (CAPMAS; The National). Chapters(0:00) Cold open(0:25) Five resets(0:47) The squeeze(0:59) The reset(1:41) The cushion(2:07) The war shock(2:36) The response(3:16) What to watch(3:53) The bottom line Data and policy tracker: six.blackexecutivebrief.comWatch the video edition on YouTube: The Black Executive Journal. Have news to share? Distribute your press release on the BEJ Newswire: www.blackexecutivebrief.com/bej-newswire-press-release SourcesReuters: Egypt's pound hits record low of 56 per dollarMiddle East Observer: Pound hits record low as debt selling deepensZawia3: CBE raises rates in first hike since March 2024Zawia3: What the Iran war revealed about Egypt's economyArab Reform Initiative: Egypt's currency historyAl-Ahram Weekly: Past devaluationsBNN Bloomberg: Egypt lifts IMF loan to $8 billionADQ: $35 billion investment in EgyptEgyptian Streets: Egypt, Qatar ink $29.7 billion dealXinhua: Remittances hit record $47.3 blnRio Times: Reserves hit record $57.5 billionArab News: Urban inflation eases to 12.7%Daily News Egypt: Urban inflation 38% in September 2023IMF: Seventh EFF review for EgyptThe National: IMF's December target for Egypt's last reviewAmwal Al Ghad: Pound at 54.11/54.20, Nov. 9The Six: AU regional data and policy tracker The Six is a Black Executive Journal series explaining the forces shaping the African Union's five regions and its Sixth Region, the global diaspora.
    続きを読む 一部表示
    4 分
  • Eskom's 539 Days Without Load-Shedding, and Kariba's Water Cut

    Eskom's 539 Days Without Load-Shedding, and Kariba's Water Cut
    2026/11/10
    As of Nov. 6, South Africa had gone 539 consecutive days without load-shedding, as Eskom's plant availability rose to 68.16% and its diesel bill fell 79%. Private power is arriving at a record pace, but tariffs are up nearly 9% and, further north, Kariba's water for power in 2027 has been cut by more than a third. This episode follows Southern Africa's power recovery and what could test it. What we coverSouth Africa reached 539 consecutive days without load-shedding on Nov. 6, 2026, a streak that began May 16, 2025 (Eskom). In 2023, the worst year, there were close to 7,000 hours of load-shedding by late November (Engineering News).Eskom's energy availability factor was 68.16% from April 1 to Nov. 5, 2026, up from 63.21% a year earlier; average unplanned outages fell from 16,167 MW to 9,092 MW over three years, and diesel spend fell 79% to R1.26 billion (Eskom).About 102,551 Eskom customers were still under 'load reduction' as of Nov. 6, down from about 1.69 million; Eskom targets ending it by March 2027. Tariffs rose 8.76% for direct customers from April and municipalities were set to raise prices by an average 9.01% from July (EWN).1,920 MW of independent power entered operation in the first half of 2026, a half-year record; 2026 could reach about 4,123 MW against the previous full-year record of 1,472 MW in 2016 (UCT Power Futures Lab). The wholesale electricity market missed its April 2026 launch target.Lake Kariba held 36.68% of usable storage on Oct. 14, up from 12.75% a year earlier, but the Zambezi River Authority cut the 2027 allocation for power to 23 billion cubic metres from 36 billion, citing El Niño and a below-normal rainfall forecast. Chapters(0:00) Cold open(0:22) The worst year(0:41) The recovery(1:29) The limits(2:00) The private market(3:00) The north(4:00) What to watch(4:35) The bottom line Data and policy tracker: six.blackexecutivebrief.comWatch the video edition on YouTube: The Black Executive Journal. Have expertise or a story to tell? Become a source for The Black Executive Journal: sources.blackexecutivebrief.com SourcesEskom: EAF reaches 68.16%, diesel spend falls by R4.81 billion (Nov. 6, 2026)Eskom: More than 500 days without loadshedding (Oct. 2, 2026)Engineering News: Graphics confirm 2023 as loadshedding's annus horribilisThe Citizen (Moneyweb): Load shedding in 2023 worse than the last eight years combinedEWN: Eskom electricity tariffs to rise by nearly 9% in AprilGreen Building Africa: South Africa on course for record IPP year (UCT Power Futures Lab)Engineering News: Launch of SAWEM delayedbne IntelliNews: Drought compels Zambia to shutter its largest hydropower plantGreen Building Africa: Zambezi River Authority cuts Kariba water allocation for 2027NewZimbabwe: Kariba power water allocation slashed to 23 billion cubic metres for 2027The Herald via Zimbabwe Situation: Zim nears one year without load-sheddingThe Zimbabwean: Harare eyes captive power as Kariba's water is cutThe Six: AU regional data and policy tracker The Six is a Black Executive Journal series explaining the forces shaping the African Union's five regions and its Sixth Region, the global diaspora.
    続きを読む 一部表示
    5 分
adbl_web_anon_alc_button_suppression_t1
まだレビューはありません