logo
episode-header-image
Jun 2022
10m 36s

Can Africa grow without fossil fuels?

Financial Times
About this episode

Global investors are returning to China’s stock markets after a widespread sell-off earlier this year, and Opec and its allies on Thursday agreed to accelerate oil production in July and August. Plus, the FT’s David Pilling explains whether African countries can move away from fossil fuels and toward greener economies. 


Subscribe to the FT News Briefing on Apple Podcasts or Spotify


Mentioned in this podcast:

Investors return to Chinese stocks after Covid and geopolitics triggered sharp sell-off

Opec agrees to accelerate oil production following US pressure

Can Africa grow without fossil fuels?


The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.


Read a transcript of this episode on FT.com


See acast.com/privacy for privacy and opt-out information.

Up next
Today
The risk of firing a central bank governor
Investors are worried that Donald Trump’s attempted firing of a Federal Reserve governor could undermine faith in the world’s most important central bank, and FT sources say the US has said it is prepared to provide intelligence assets to any western security plan for postwar Ukr ... Show More
10m 1s
Yesterday
Germany’s pension crisis
US President Donald Trump said he was firing Federal Reserve governor Lisa Cook, shares in Ørsted plunged after the Trump administration halted one of the Danish wind farm developer’s almost-completed projects, and Elon Musk’s xAI has sued Apple and OpenAI alleging they broke ant ... Show More
10m 40s
Aug 25
Jerome Powell triggers market bets on a September rate cut
Jay Powell signalled a monetary policy shift during a high-profile Jackson Hole speech last week, and European investors are pouring money into new air defence technology. Plus, Spanish bank Santander is seeking to become a big player in Wall Street’s Spac market. Mentioned in th ... Show More
11m 49s
Recommended Episodes
Oct 2022
OPEC+ cuts daily production target
OPEC+, the alliance of oil-exporting countries has agreed its deepest cuts to oil production for more than two years, despite pressure from the US to increase production. Opec Secretary General, Haitham Al Ghais says the move is not a political act. But what are the implications? ... Show More
27m 53s
Jun 2023
Is New Zealand's Recession a Model for Global Central Banks?
A.M. Edition for June 15. Remote work trends and booming EV demand could lead global oil demand to peak before the end of this decade, according to a new IEA report. WSJ energy reporter Will Horner explains what that could mean for oil producers. Plus, finance editor Alex Frangos ... Show More
18m 16s
Jul 2023
U.S. Stocks Rally as Investors Shrug Off Recession
P.M. Edition for July 25. U.S. stocks are rallying. Markets reporter Karen Langley explains how investors are feeling about the possibility of a recession. And, economics reporter Austen Hufford has more on how Bath & Body Works may have cracked the code to ‘Made in America.’ Plu ... Show More
18m 27s
Aug 2023
The US Lures Top Companies From Allies With 'Made In The USA' Push
The Inflation Reduction Act has given the US an edge in future manufacturing, with billions of dollars in incentives to lure battery plants and chip makers to the US. But it’s also led to tension with close allies that can’t match the amounts the US is offering companies. Bloombe ... Show More
24m 38s
Aug 2023
Could a reshuffle revitalise Sunak’s government?
It’s almost time to wave goodbye to the summer, but is Rishi Sunak also poised to bid farewell to some of his ministers? The FT’s Whitehall editor Lucy Fisher is joined by columnist Stephen Bush and political editor George Parker to discuss a cabinet shake up. Plus, the FT’s US p ... Show More
35m 52s
Oct 2022
What should Africa do with its fossil fuel reserves?
Africa accounts for around 10 per cent of the world's known fossil-fuel reserves. But plans to build an oil pipeline through East Africa to transport hundreds of thousands of barrels a day have been condemned by the European Union. The pipeline, which runs from the source in Ugan ... Show More
27m 43s
Aug 2022
Whatever happened to Mandela’s dream for South Africa?
Gideon talks to the South African writer and political activist, Songezo Zibi, about the need to build a coalition for change to help restore some of the high hopes that accompanied the end of apartheid.Clips: SABC, The Sun More on this topic: Bain barred from UK state contracts ... Show More
27m 46s
Nov 2022
Money Talks: Why it’s time to talk about Indonesia
Indonesia is the world’s third-largest producer of coal. Not only does it power the country, it powers the economy. But the country’s president, Joko Widodo, wants to change that. Indonesia is garnering global attention due to its stock of nickel and cobalt, core elements in the ... Show More
38m 36s
Nov 2022
Money Talks: Why it’s time to talk about Indonesia
Indonesia is the world’s third-largest producer of coal. Not only does it power the country, it powers the economy. But the country’s president, Joko Widodo, wants to change that. Indonesia is garnering global attention due to its stock of nickel and cobalt, core elements in the ... Show More
38m 36s
Listen to millions of songs and podcasts on Anghami