Via Quartz, an article on Safaricom’s interests in the Ethiopian marketplace: Safaricom opened an office in Ethiopia last month, as Kenya’s largest mobile operator aims to take on one of Africa’s most sought-after telecoms markets, with a population of around 120 million people. The company has hired local employees and built a multi-story office in downtown […]
Read more »Via Bloomberg, a report on Saudi Telecom’s acquisition of a Pakistani tower company. The Middle East’s most profitable telecoms firm, Saudi Telecom Co., signaled a fresh push to expand beyond its core mobile-network business with an investment in a Pakistani tower company. Saudi Telecom, which is controlled by the kingdom’s sovereign wealth fund, said one […]
Read more »Via BBC, an article on the rising demand for warehouse space in Asia: They are not glamorous, there are no chandeliers or luxury furnishings, yet warehouses are hot property around the world. But why? In short, it is because businesses, especially retailers, are running out of space to put the many things we order online. […]
Read more »Via Nikkei Asia, a report on Indonesia’s economy: Indonesia’s economy returned to growth in 2021, rebounding from its first contraction in two decades the year before as coronavirus-induced restrictions eased and business got back into gear. The gross domestic product of Southeast Asia’s largest economy climbed 3.69% from a year earlier, government data showed on […]
Read more »Via Oil and Gas Daily, a report on a planned large investment in Uganda’s oil sector: Chinese and French oil giants finally sealed a $10-billion deal Tuesday to unlock Uganda’s energy resources and build a vast regional oil pipeline, a mega-project that has incensed environmental groups. The so-called Final Investment Decision should pave the way […]
Read more »Via South China Morning Post, an article on Iraq’s role in China’s BRI: Iraq was the top target for China’s Belt and Road Initiative in 2021, receiving US$10.5 billion in financing for infrastructure projects including a heavy oil power plant, a study published on Wednesday said. In total, China’s engagement through investments and contractual cooperation across the […]
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