Via Eurasia Review, commentary on how Serbia will get Russian oil in the future: In less than two months, the European Union is expected to cut about 90 percent of oil imports from Russia. The decision was announced back in May as a part of a sanctions package that was adopted in response to Moscow’s […]
Read more »Via Nikkei Asia, an article on China’s BRI investment in Myanmar: When the West cut off aid to Myanmar after the military took control in 2021, China rushed to fill the vacuum under its Belt and Road infrastructure-building initiative. But growing concern over China’s so-called debt trap diplomacy threatens the of progress of a jewel […]
Read more »Via Bloomberg, a report that Somalia has signed an oil production-sharing agreement with a US company: Somalia’s government signed an oil-production sharing agreement with US-based Coastline Exploration Ltd., the latest step toward developing the war-torn nation’s energy industry. Coastline, based in Houston, Texas, paid $7 million to the government for seven agreements and will now proceed […]
Read more »Via Business Daily Africa, a look at Safaricom’s recent entry to Ethiopia, the first competitive telco to the state run provider in history: Listed telco Safaricom has recently made its official entry into Ethiopia, launching its telecommunications business with a mobile money nod expected within the next one month. Business Daily sat with the company’s chief […]
Read more »Via the South China Morning Post, commentary on how the new era of China’s BRI is likely to see a more focused portfolio, greater international cooperation on finance and repaired relationships: Some of China’s Belt and Road Initiative projects have not been doing well, and it is not all China’s or the host countries’ fault. […]
Read more »Via Nikkei Asia, commentary on how the US government’s PGII can take lessons from successes involving private sector: The White House has styled the Partnership for Global Infrastructure and Investment announced by U.S. President Joe Biden in June as a $40 billion pathway to work with allies, partners and the private sector to offer sustainable, green […]
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