Courtesy of The Economist, an interesting look at the logistics challenges of doing business in the Democratic Republic of Congo: The barge, weighed down by half a million bottles of beer, pulls out into the middle of the Congo river. At its tip, breezy rumba music drifts out of a small radio and a group […]
Read more »Via The Visual Capitalist, a look at how Chinese financing is fueling large scale projects worldwide: On a mountaintop a few miles north of the bustling streets of Harare, Zimbabwe, a curving, modern complex is beginning to take shape. This building, once completed, will be the home of the African country’s parliament, and the centerpiece […]
Read more »Via VoA News, a report on the newly opened Gwadar port: Pakistan’s newly opened southwestern Gwadar seaport has begun handling transit cargo headed to and from landlocked Afghanistan, marking a significant outcome of Islamabad’s multi-billion-dollar collaboration with China. Officials said the first ship full of Afghan cargo containers reached Gwadar on Tuesday. The containers […]
Read more »Via The Wall Street Journal, a report on how Beijing ‘is offering the financing, the building, the equipment—even the labor’ for its Belt and Road Initiative: Roughly seven years after Beijing launched a high-profile transcontinental infrastructure program aimed at building goodwill abroad and boosting economic cooperation with the rest of the world, some foreign companies say […]
Read more »Via the IFC, a look at Angola’s potential beyond petroleum: Home to one of the most expensive cities in Africa and one of the least diversified economies, Angola wants to be known for something entirely different: being a magnet for private investment. The country’s economy has been fueled by oil, which accounts for a third […]
Read more »Via 38 North, a look at North Korea’s economy: Although 2019 was not a good year for the North Korean economy, it was also not disastrous. Kim Jong Un will not be able to make much headway this year in implementing his vision of greater prosperity for the North Korean people as long as sanctions […]
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