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 […]
Read more »Via Clingendael, a report on a large-scale Chinese investment in Angola: China Gezhouba Group Corporation (CGGC) completed the construction of a marine passenger terminal in Cabinda Port, located in the southwest of Cabinda, an exclave and province of Angola, bordered by the Republic of the Congo and DR Congo. Cabinda Province is the main producer of Angola’s oil, and the vast majority of […]
Read more »Courtesy of The Financial Times, an article on Pakistan’s increasingly fragile economy: Pakistan is in political and economic chaos. Its most populous province, Punjab, was without a government for almost a month because the governor, who was appointed by former prime minister Imran Khan, had refused to administer an oath to the newly elected chief […]
Read more »Via Foreign Affairs, commentary on the potential for emerging markets in the near term: Early in the COVID-19 pandemic, I argued in an article for Foreign Affairs that in the 2010s, the United States had defied predictions of its imminent decline and instead risen to new heights as an economic superpower. This revival, I warned, was in its very mature […]
Read more »Via Foreign Policy, a look at how Beijing could profit handsomely from Afghan resources and exports, but new ventures risk exposing Chinese nationals to violence: Kabul is awash with Chinese businessmen. Walk out of Kabul International Airport, and you are greeted by a big billboard advertising Chinatown, a housing and business compound in the city that […]
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