Courtesy of How We Made It In Africa, an interesting article on what’s being done to make Africa more attractive to investors: From the start, those on the panel questioned the title, De-risking Africa. South African president Jacob Zuma said, “I’ve been questioning myself about the topic. De-risking Africa. Is Africa risky more than any […]
Read more »Via The Financial Times, a report on Myanmar’s agribusiness potential: To the lengthening list of foreign companies beating a path to Myanmar, add at least two more: Wilmar, one of Asia’s largest agribusinesses, and Cargill, the commodities’ trader. Wilmar, a Singapore-listed group and the world’s largest processor of palm oil by volume, told beyondbrics it […]
Read more »Via The Diplomat, a look at Vietnam’s economic woes: Last year saw a number of Vietnamese state-owned enterprise officials being arrested for economic crimes or “irregularities” at the companies under their care. As covered previously on Pacific Money, one of the most shocking such arrests was that of Nguyen Duc Kien, a famous tycoon and […]
Read more »Via the Globe & Mail, an interesting article on Benghazi: At a construction site on Benghazi’s waterfront, engineer Seraj Bushada proudly points to a giant hole in the ground that will make way for a 48-floor office tower that city officials hope will help transform part of this port city into a modern business district. […]
Read more »Via Energy Daily, a report that South Sudan has signed an oil deal with Israel: South Sudan says it has signed an agreement with several Israeli oil companies, a potentially significant strategic move that will consolidate the Jewish state’s relations with the fledgling, oil-rich East African state. It will also bolster Israeli moves to counter […]
Read more »Courtesy of The Economist, an article on the rise of emerging market firms such as Grupo Bimbo: GRUPO BIMBO is on the prowl in el Norte again. In 2009 the Mexican baking giant bought part of Weston Foods for $2.3 billion, becoming the biggest baker in the United States. Two years later it bought Sarah […]
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