Nigeria: Pump or dump

Date first published: 31/03/2026 Key sectors: oil and gas Key risks: economic; fiscal stability; civil unrest Risk development On 30 March the pump price of petrol in the country rose roughly 67 per cent from NGN900 (US$0.65) to NGN1,400 (US$1.01) per litre since the start of the Middle East war. This followed a 23 March announcement […]
Cuba: Washington’s oil stranglehold on the communist government

Date first published: 26/03/2026 Key sectors: all; oil and gas Key risks: civil unrest; political uncertainty; economic risks; sanctions Risk development On 14 March protests against blackouts and food shortages in Moron, Ciego de Avila province, turned violent when protesters vandalised the Communist Party office and other state-run establishments in the area – including a […]
South Africa: Bringing in back-up

Date first published: 24/03/2026 Key sectors: all; mining Key risks: corruption; gang violence; political uncertainty; business disruption Risk development On 18-19 March the South African Police Services (SAPS) and the South African National Defence Force (SANDF) conducted an operational scanning exercise for hotspots in criminal activity in Cape Town, Western Cape province, ahead of a […]
Malaysia: The Kingmaker’s Gambit

Date first published: 12/03/2026 Key sectors: all; oil and gas Key risks: policy uncertainty; regulatory changes; governability; governance; business risks; business disruptions Risk development On 10 January Petronas – the country’s national oil company – filed a legal suit in Malaysia’s Federal Court over hydrocarbon resource ownership in Sarawak state – a resource-rich state on the […]
Mexico: CJNG violence surges after military strike

Date first published: 05/03/2026 Key sectors: all Key risks: gang violence; violent clashes; disruptive unrest; business disruptions; targeted attacks Risk development On 22 February Nemesio Oseguera, alias “El Mencho”, leader of the Jalisco New Generation Cartel (CJNG), died in custody after being injured in a United States (US)-assisted military operation in Tapalpa, Jalisco state. The […]
NATO-Russia-Ukraine: No end in sight

Date first published: 04/03/2026 Key sectors: all Key risks: war-on-land; targeted attacks Risk development 24 February marked the fourth anniversary of Russia’s full-scale invasion of Ukraine. A year of intensive negotiations led by United States (US) President Donald Trump’s administration have brought the two sides incrementally closer to a settlement, but key sticking points persist, […]
Libya: Loyalty for hire on shifting sand

Date first published: 24/02/2026 Key sectors: defence and security; energy; logisticsKey risks: tribal violence; targeted attacks; violent clashes; governability; economic risks; supply chain disruption Risk development On 14 February Commander of the Libyan National Army (LNA) Khalifa Haftar ordered a restructuring of southern formations following clashes involving ethnic Tebu fighters across Fezzan province. The move […]
Ethiopia-Eritrea: Noisy neighbours

Date first published: 17/02/2026 Key sectors: all Key risks: regional escalation; insurgency; regional conflict; war on land Risk development On 7 February in a letter addressed to the Eritrean Foreign Minister Osman Saleh Mohammed, his Ethiopian counterpart Gedion Timothewos accused Asmara of illegally encroaching on Ethiopian territory. He described the development as “outright aggression” and […]
Saudi Arabia: Gigaprojects need partners

Date first published: 05/02/2026 Key sectors: all Key risks: economic risks; business risks; frustration of process Risk development On 29 January Saudi Arabia unveiled a new National Privatisation Strategy aimed at significantly expanding the role of public-private partnerships (PPPs) in developing, operating and managing gigaprojects, in line with the goals of Vision 2030. The strategy […]
Uganda: Denouncing a dynasty

Date first published: 29/01/2026 Key sectors: all Key risks: civil unrest; disruptive unrest; political violence; political stability Risk development On 22 January Chief of Defence and son of President Yoweri Museveni, Muhoozi Kainerugaba, claimed that 30 people were killed and 2,000 were arrested around the 15 January election period. Kainerugaba’s inflammatory posts on X (formerly Twitter) […]
EU-US: From Greenland to Trump-land

Date first published: 27/01/2026 Key sectors: all; defence; mining Key risks: geopolitical tensions; regional conflict; economic risks; business risks; trade friction Risk development On 21 January US President Donald Trump backed down from his threat of tariffs on European countries, ruled out the use of military force and signalled that a ‘framework’ deal was reached […]
Sudan: Eyes on the prize

Date first published: 20/01/2026 Key sectors: all Key risks: regional tensions; civil war; economic risks; business risks Risk development On 9 January reports indicated that the Sudanese Armed Forces (SAF) was close to signing a US$1.5bln arms deal with Pakistan. The deal included the purchase of 10 Karakoram-8 light attack aircraft, 200 drones and advanced […]