Is Nigeria Going Carbon Free?

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David pilling: African nations are crying foul over western banks' decision to stop funding fossil fuel projects. Orr: There is talk of leap rogging, of going straight to a carbon free future by going straight to electric vehicles. The f t news briefing will be back next week with the latest business news. We hope you'll join us for some gin and tonic at 8pm ET on Tuesday.

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.

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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

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