“I do not think anyone in Nigeria needs persuading of the need for urgent action on the environment. Desertification in the north, floods in ... the centre, pollution and erosion on the coast are enough evidence. For Nigeria, climate change is not about the perils of tomorrow, but what is happening today,” President Muhammadu Buhari said during the UN Climate Change Conference (COP26) in October. And today means Nigerians are finding it increasingly hard to afford basic food items.
The African telecom world has undergone a small revolution. On 4 October 2021, IHS Towers, Africa’s first telecom infrastructure provider (‘towerco’), was listed on the New York Stock Exchange. Its objective is to raise around $380m in net proceeds and reach a valuation of more than $7bn, including debt. This would make it the largest ever listing for an African company.