上周天然气价格累计上涨约26%，周五（1月16日）收于每兆瓦时36.88欧元。 受年初席卷欧洲大陆的寒潮影响，天然气价格急速攀升。由于低温持续消耗库存，欧洲储气库当前 填充率仅为半满，而往年同期平均填充率通常达到67%。 气象部门预测，本月短暂回暖后气温将在月底再次下降。据欧洲天然气基础设施（GIE）数据库数 据，周二（1月20日）欧盟范围内储气库平均填充率已降至49.12%。其中克罗地亚库存水平最低，据 GIE数据显示，其储气量仅剩27.05%。（驻波黑使馆经商处） （原标题：欧洲天然气价格创近七个月新高，上周累计上涨约26%） 波黑《新闻报》1月22日报道。欧洲天然气价格周三（1月21日）飙升至近七个月来的最高水平，反 映出在新一轮寒潮席卷欧洲大陆的背景下，能源市场需求持续强劲。 在荷兰基准天然气交易中心（TTF），二月交付的天然气期货价格报价每兆瓦时37.34欧元，较前 一交易日收盘价上涨3.9%。至此，本周初企稳的价格已攀升至去年6月底以来的最高点。 ...

Core Viewpoint - ORANGE Telecom has launched a new communication solution, Orange SAT, in collaboration with Eutelsat to provide internet connectivity across Côte d'Ivoire, addressing the issue of 40% of rural areas lacking internet access [1] Group 1: Service Launch - Orange SAT utilizes satellite technology to deliver stable and high-speed internet connectivity, even in regions where fiber and 4G services are not available [1] - The service aims to enable nationwide internet access in Côte d'Ivoire, which is crucial for bridging the digital divide [1] Group 2: Market Presence - ORANGE operates in Côte d'Ivoire, Burkina Faso, and Liberia, with a total of 35 million registered users [1] - The projected revenue for ORANGE in 2024 is 1.08 trillion CFA francs, approximately 1.936 billion USD [1]

Core Insights - The total export value of the Republika Srpska in Bosnia and Herzegovina reached 5.354 billion marks in 2025, marking a year-on-year increase of 6.1% [1] - The total import value for the same period was 7.628 billion marks, reflecting a year-on-year growth of 3.9% [1] - The trade coverage ratio stood at 70.2% [1] Export and Import Details - The main export destinations were Croatia, with an export value of 943 million marks (17.6% of total exports), and Serbia, with an export value of 936 million marks (17.5% of total exports) [1] - In December 2025, the export value was 456 million marks, showing a year-on-year increase of 9.5% [1] - The import value for December 2025 was 678 million marks, which is an 8.1% year-on-year increase [1] - The trade coverage ratio for December 2025 was 67.3% [1] Industrial Production - In December 2025, seasonally adjusted industrial production value increased by 13.6% month-on-month and 7.5% year-on-year [1] - However, the cumulative industrial production value for the entire year of 2025 saw a year-on-year decline of 4.5% [1] Employment Statistics - Employment numbers in December 2025 experienced a slight month-on-month decrease of 0.1% and a year-on-year decline of 2.8% [1] - Compared to the average monthly employment figures of 2024, there was a decrease of 4.3% [1]

Group 1 - South Africa spent nearly 200 billion rand on energy subsidies in 2025, primarily directed towards fossil fuels, hindering the country's climate goals [1] - The International Institute for Sustainable Development (IISD) reported that fossil fuel subsidies have doubled since 2018, with direct subsidies amounting to 110 billion rand in 2025, three times the amount in 2018 [1] - Over 30% of the total energy subsidy costs in 2025 are related to efforts to stabilize Eskom's financial situation [1] Group 2 - The report indicates that government transfers to Eskom, which are converted into equity, are included in the subsidy category as they provide benefits consistent with WTO definitions [2] - South Africa needs a coordinated and time-bound roadmap to review existing subsidies, enhance targeting and transparency, and guide decisions on reforms or redesigns [2] - Despite being the largest greenhouse gas emitter, Eskom is exempt from carbon tax, highlighting the need for policy adjustments [2] Group 3 - The 2025 Integrated Resource Plan aims to establish a sustainable electricity system to ensure long-term energy security, support emissions reduction, promote environmental sustainability, and drive industrial and economic growth [2] - The implementation of the plan is expected to cost 2.2 trillion rand, funding new generation capacity, infrastructure upgrades, and green industrialization projects [2] - South Africa is committed to achieving net-zero carbon emissions by 2050 [2]

Core Insights - The International Monetary Fund's Africa Department Director, Abebe Aemro Selassie, praised Ghana for significant progress in key areas, particularly in electricity access and overall living conditions [1] - Selassie attributed Ghana's achievements to the collective efforts of its people and institutions rather than IMF programs [1] - Electricity access in Ghana has increased from 30-40% two decades ago to nearly 90% or higher now, indicating a substantial improvement in quality of life [1] - Despite these advancements, challenges remain, particularly in job creation and economic stability, with key macroeconomic indicators showing volatility, especially during election periods [1]

Core Viewpoint - The meeting between the Vice President of Liberia and representatives from the EU aims to enhance the business environment and address key factors contributing to price instability [1] Group 1: Meeting Objectives - The meeting focused on improving regulatory predictability, promoting fair competition, and enhancing port and customs efficiency [1] - A commitment was made to deepen cooperation ahead of the EU-Liberia Business Forum scheduled for February 2026 [1] Group 2: Challenges Identified - European Chamber representatives highlighted challenges such as tariff evasion leading to unfair competition and inefficiencies in port operations [1] Group 3: Government Commitments - The Vice President pledged to promote a fair and transparent system to ensure revenue generation and stabilize living costs [1] - Both parties agreed to establish a formal dialogue platform and hold a joint technical meeting in early February 2026 to advance specific reforms [1] Group 4: Strategic Efforts - The meeting reflects Liberia's government strategy to enhance transparency, competitiveness, and regulatory certainty to foster economic stability and inclusive growth [1]

Overall Situation - Cyprus occupies only 0.2% of the EU's area and population, yet it ranks first in household investment levels within the EU [2] - Cyprus has a GDP per capita of €35,730, which is lower than the EU average of €39,940 [2] - The fiscal surplus in Cyprus is 4.1% of GDP, contrasting with the EU's fiscal deficit of -3.1% [2] - Public debt in Cyprus stands at 62.8% of GDP, below the EU average of 80.7% [2] Employment Performance - The employment rate for women in Cyprus is 75%, and for men, it is 85%, both exceeding the EU averages of 70.8% and 80.8% respectively [2] - The proportion of the population aged 30-34 with higher education in Cyprus is 64.4%, ranking third in the EU, with women at 72.9%, significantly higher than the EU average of 50.2% [2] Environmental Aspects - Since 1990, Cyprus has seen a 50.9% increase in greenhouse gas emissions, surpassing the EU's average reduction of 35.5% [2] - Cyprus has a high energy dependency rate of 92.2%, compared to the EU average of 58.3% [2] - The share of renewable energy in final energy consumption in Cyprus is 20.2%, lower than the EU average of 24.6% [2] Social Aspects - The unemployment rate in Cyprus is 4.9%, lower than the EU average of 5.9% [2] - The risk of poverty or social exclusion in Cyprus is 17.1%, also below the EU average of 21% [2] Industrial Aspects - The manufacturing sector in Cyprus accounts for 4.5% of its economy, significantly lower than the EU average of 14.3% [2]

Group 1 - The Bosnian Federation Employers' Association held a meeting to discuss key priorities for improving the business environment and economic reforms in Bosnia [1] - Key challenges identified include labor law legislation, fiscal reforms, and alignment with EU regulations, which are critical for the economy [1] - The "Taxation of Transactions Law" has passed the House of Representatives in the Federation Parliament, aiming to curb the gray economy and increase public revenue [1] Group 2 - The President of the Foreign Trade Chamber of Bosnia warned that upcoming protests by transport operators could severely impact the economy and exports [2] - The core demand of transport operators is to amend the EU stay regulations for drivers, currently limiting their stay to 90 days within a 180-day period [2] - The Banking Association highlighted that Bosnia has yet to fulfill three critical obligations from Moneyval, which could lead to being placed on a gray list, complicating financial transactions and affecting the economy [2]

Group 1 - The global cocoa prices have fallen below the purchase price set by the Ghanaian government for its farmers, leading to significant financial burdens for the Ghana Cocoa Board [1] - Current international cocoa prices are approximately $5,100 per ton, equivalent to about 54,570 Ghanaian cedis, which is below the producer price of 58,000 cedis set for the 2025/2026 season [1] - The Ghana Cocoa Board is currently paying farmers 3,100 cedis per bag (64 kg) and is absorbing the gap caused by exchange rate fluctuations through internal subsidies [1] Group 2 - The decline in prices is attributed to changes in supply and demand dynamics, with cocoa prices expected to see a surplus in the 2025/2026 and 2026/2027 seasons due to improved weather conditions in major West African producing regions [2] - The Ghana Cocoa Board aims to support farmers by maintaining purchase prices, providing free fertilizers, and implementing a cocoa traceability system to comply with the EU's upcoming deforestation regulations [2] - The Ghana Cocoa Board faces a difficult decision on whether to maintain current purchase prices under unfavorable international market conditions or adjust them according to falling global prices, impacting farmer welfare and the sustainability of the cocoa industry [2]

Group 1 - The core discussion focused on the implementation of the "Southern Connectivity" project and the role of Bosnia and Herzegovina's Ministry of Foreign Trade and Economic Relations in this process [1] - The meeting emphasized the importance of ensuring energy stability and continuous supply in Bosnia through more connectivity projects [1] - Both parties acknowledged that the full utilization of renewable energy would directly benefit the citizens and economic development of Bosnia, as well as contribute to environmental protection [1]