Courtesy of The Financial Times, a report on Egypt’s economy: Three years ago, Egypt’s economy was teetering on the abyss, as entrepreneurs scoured the black market for dollars and foreign investors shunned the country. Now it is being hailed as one of the region’s fastest-growing economies, favoured by international bond investors seeking high yields in […]
Read more »Via Quartz, a visual look at China’s infrastructure investment in Africa: The growth of Chinese investment in Africa over the past two decades has been unprecedented and unparalleled. Despite what one might believe, China is not the leading foreign investor in Africa, nor is it the biggest donor. Both honors still belong to the US. What makes China’s […]
Read more »Via Al Monitor, an article on the Egyptian military’s growing commercial interests in the tourism sector: Having conquered numerous industrial sectors of the Egyptian economy, the Egyptian Armed Forces increasingly has its sights set on Egypt’s all-important tourism industry. President Abdel Fattah al-Sisi, by decree, recently transferred control of chunks of Red Sea real estate — including entire islands […]
Read more »Courtesy of The New York Times, a look at a Chevron-led joint venture among several energy companies that is spending billions of dollars in Kazakhstan to expand an oil field remarkable for its longevity, promise and risk: In a windswept land of salt flats and wild horses, investors are pouring money into one of the largest and most […]
Read more »Via Quartz, a report on China’s growing influence in Africa: These days, everybody wants a piece of Africa. In 2018 alone, France’s Emmanuel Macron made a historic visit to East Africa, becoming the first French leader to visit Kenya. Former British prime minister Theresa May busted out some awkward dance moves in South Africa, while […]
Read more »Courtesy of STRATFOR (subscription required), a look at China’s BRI: It’s billed as the new Silk Road, but China’s Belt and Road Initiative is much more ambitious than that, as countries on every continent have signed up to partner with Beijing on massive infrastructure projects. From Jamaica to New Zealand and Pakistan to Uruguay, countries have […]
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