Courtesy of Quartz, an article on why Nigeria’s biggest telecom companies are getting banking licenses: Nigeria is increasingly liberalizing its financial services sector away from a total dependence on banks to include providers with different business models and distribution channels. The latest step in that evolution is the granting of ‘payment service bank’ licenses to […]
Read more »Via Radio Free Europe, an article on Azerbaijan’s potential to fill supply gaps caused by Russian sanctions and restrictions: Russia may be using missiles and bombs in its invasion of Ukraine, but it has another weapon, less lethal but nevertheless threatening, pointed at the rest of Europe — energy. Amid international outrage over its unprovoked […]
Read more »Via The Africa Report, a look at how Morocco – with its promising prospects, attractive tax incentives, an avalanche of exploration permits – is pulling out all the stops to develop black gold exploration: “Morocco has hydrocarbon potential […] Moroccan basins are underexplored […] Now, significant investments are needed to determine its economic importance and […]
Read more »An interesting look at how YouScribe – a digital reading platform with more than one million French-language books, newspapers and audiobooks – has amassed hundreds of thousands of subscribers in Africa and competes strongly against the likes of Amazon through an innovative business model focused on affordable pricing and a viable payment method: When YouScribe […]
Read more »Via African Business, an article on Dangote’s new Nigerian fertilizer plant: What better time to launch a fertiliser plant than when global prices are at their record highs? That’s exactly what Aliko Dangote, Africa’s richest man, did. On March 22, Dangote’s $2.5bn fertiliser plant in Nigeria’s economic capital, Lagos, started production. The 3-million tons a […]
Read more »Via Russia Briefing, commentary on Russia’s interest in Afghanistan: Afghanistan is a US$1 trillion commodities and transit bank for Russian and Chinese supply chain needs Eight months after US troops finally exited Afghanistan, and 20 years after a US invasion in which Washington spent US$2.3 trillion on being there, Russia’s Foreign Minister Sergey Lavrov has […]
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