While you were asleep: Africa Energy serves an ace on (out of Africa) Oil Week

Africa Oil Week 2021, originally scheduled from 1-5 November in Cape Town, is no longer to be held on African soil, reports the Heartland blogsite. AOW said on its website that it has after “careful evaluation of government guidelines and consultation with our customers”, decided to move the event to Dubai and reschedule it for 8-11 November.

The shock announcement was met with an ace from Africa Energy Chamber, which announced the first-ever African Energy Week (AEW) in Cape Town on the same weekend –  9-12 November 2021. AEW said that the four-day interactive conference replacing Africa Oil Week seeks to “unite industry stakeholders, international speakers and movers and shakers from the African oil and gas sector”.

And in actual tennis-related news, AFP gives readers a glimpse behind the historic association between Wimbledon and strawberries.

Here’s a roundup of the world’s top and most interesting headlines:

SA Business
Regulator says it’s powerless to pursue Africrypt ‘Ponzi’ scheme – Bloomberg
Kumba Ya! Mining firm flags 150% leap in interim earnings on red-hot iron ore prices – Daily Maverick
‘We’re hanging our bonuses and collective futures on this’ – Old Mutual CEO on new strategy – Fin24

Markets news
Stock Rally Extends to Asia Amid Economic Optimism – Bloomberg
Gold up ahead of inflation data – Investor.com
Large US banks can handle economic downturn: Fed – AFP

What really happened to Jack Ma – Forbes
KZN’s marine treasures: Sasol Offshore oil drilling sustains a major legal broadside – Daily Maverick
Why people join the Chinese Communist Party – AFP

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