Asian Markets Rally While Africa Eyes Oil Reforms

[Tunde]

Asian stocks jumped this week on hopes of global monetary easing. At the same time, Nigeria is pushing for unified oil reforms across Africa. To me, that sounds like a smart move energy has always been our continent’s backbone. I still remember fuel shortages back in 2016, and how hard it hit families.

• Asian equities climb on positive sentiment
• Africa discusses unified petroleum regulation
• Potential for more foreign investment

Do you believe oil reforms can really benefit Africa long-term, or is it the same old story?

[MarketMavin]

If Nigeria actually pushes reforms this time it could help a lot. investors might take us serious finally.

[Bola]

They've said “oil reform” for years. nothing changes. Same faces, same corruption. I don't think this time is different.