Via the North Africa Post, an article on the first foreign banking licenses issued by Somalia in decades: Central Bank of Somalia (CBS) has recently granted its first two foreign banking licenses — to Turkey’s Ziraat Kat?l?m bank and Egypt’s Banque Misr — in decades as the country seeks to rebuild its financial sector and […]
Read more »Courtesy of The Athletic, a detailed report on the strategic and investment goals of Saudi Arabia’s new professional golf tour: Golf’s roots in Saudi Arabia grew from mixing sand and oil. It was the late 1940s when American expat executives working for Saudi Aramco, the kingdom’s budding oil giant, needed somewhere to play. Turns out, […]
Read more »Courtesy of The New York Times, an article on Barbados’ tightrope walk between the global financial system and a looming climate disaster: Late on May 31, 2018, five days after she was sworn in as prime minister of Barbados, Mia Mottley and her top advisers gathered in the windowless anteroom of her administrative office in Bridgetown, […]
Read more »Courtesy of The Diplomat, an article on the Trans-Afghan railway project which is gathering momentum once again as Uzbekistan seeks access to Pakistan’s ports, but must still overcome significant security, geographic, and financial hurdles: The Trans-Afghan railway project is gathering momentum as Uzbekistan prioritizes access to Pakistan’s seaports of Karachi, Gwadar, and Qasim, as part of Tashkent’s bid […]
Read more »Courtesy of The Economist, a report on how state-run oil giants will make or break the energy transition: Climate activists love to vilify ExxonMobil and Shell. These and other private-sector energy companies have been on the receiving end of proxy battles, legal challenges and other forms of pressure to force them to dump oil and […]
Read more »Via Africa: The Big Deal, a look at how Central Africa has claimed less than 1% of all the funding raised by start-ups on the continent since 2019: After covering Eastern, Northern, Western and Southern Africa, our last stop on our tour of the continent’s regional ecosystems naturally takes us to Central Africa. With only $82m+ raised by start-ups since 2019, the region […]
Read more »