Via Middle East Monitor, a look at recent discussions between Algeria and Russia to strengthen industrial, economic cooperation: Algeria’s minister of industry and Russia’s deputy minister of trade and industry yesterday discussed strengthening bilateral industrial and economic cooperation, especially in the fields of mechanical, pharmaceutical and railway industries, Anadolu Agency reported, citing an Algerian Ministry of Industry statement. […]
Read more »Via The Diplomat, an article on Cambodia’s effort to raise up to $30B in financing for infrastructure – most of it from China: Cambodia has rapidly transformed its economy since the end of its civil war almost 25 years ago, but a slew of recently announced mega-infrastructure projects to be built mainly with Chinese money […]
Read more »Via Eurasia Review, a report on Eni’s strategic project aimed at increasing gas production to supply the Libyan domestic market as well as to ensure export to Europe: Eni CEO, Claudio Descalzi, and the CEO of the National Oil Corporation of Libya (NOC), Farhat Bengdara, agreed Saturday on the development of “Structures A&E”, a strategic project […]
Read more »Courtesy of The Economist, a look at how African state-owned firms can actually make Africa poorer: The roads in the north of Kwa-Zulu Natal (kzn), South Africa’s second-most-populated province, were once sedate. Lorries carrying timber or sugar cane from nearby plantations would trundle past, overtaken occasionally by tourists heading to game reserves. But these days hundreds […]
Read more »Via Foreign Policy, a report on China’s futuristic city – Xiongan: About 60 miles south of the center of Beijing, a new city is being built as a showcase of high-tech ecologically friendly development. Its massive high-speed rail station and “city brain” data center have been heralded by Chinese state media as evidence of the speed and […]
Read more »Via Nikkei Asia, an article on a Chinese consortium’s plans to develop lithium deposits in Bolivia: The Bolivian government has chosen a Chinese consortium led by battery giant Contemporary Amperex Technology to invest upward of $1 billion to develop untapped lithium deposits, with the ambitious goal of producing lithium batteries in the country by 2025. Bolivia has […]
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