Via The Economist, a look at the growing buying power of Africa’s middle class: AFRICAN consumers are underserved and overcharged, reckons Frank Braeken, Unilever’s boss in Africa. Until recently, South Africans who craved shampoo made specially for African hair, or cosmetics for black skin, had little choice besides costly American imports. Unilever spotted an opportunity: […]
Read more »Via Foreign Policy, an interesting look at China’s role in brokering a tentative oil agreement between the Sudans: China — a growing diplomatic powerhouse in Africa — played a vital role in securing a preliminary agreement on transit fees for hundred of thousands of barrels of oil being piped from South Sudan’s oil fields through […]
Read more »Courtesy of STRATFOR (subscription required), a look at Turkmenistan’s efforts to reposition itself between Russia and China, economically and strategically: Turkmen President Gurbanguly Berdimukhammedov gave a speech Aug. 6 in which he announced that the country’s gross domestic product of this year’s January-July period grew by 11 percent compared to the same period in 2011. […]
Read more »Via Energy Daily, a report on the growing energy ties between Turkey and Turkmenistan Energy-rich Turkmenistan and energy importer Turkey are deepening bilateral ties. Turkmen President Gurbanguli Berdymukhammedov is making a two-day state visit to Turkey, visiting Istanbul and Izmir. Turkey’s energy imports of Turkmen natural gas reportedly remain Ankara’s biggest immediate concern, but Turkey […]
Read more »Courtesy of STRATFOR (subscription required), a very interesting look at China’s investments in Africa:
Read more »Via The Financial Times, an examination of Russia’s oil industry and its latest evolution under Putin: Russia’s oil industry has been through two great evolutions since the collapse of communism. Now it is entering its third. First, in the 1990s, former state-owned oil assets were parcelled into vertically-integrated groups and sold off at bargain prices […]
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