Via Amwaj Media, commentary on the potential for Iran to generate transit revenues: While all signs and indicators point to rapid economic deterioration in Iran, officials continue to speak of a positive outlook for the economy. Defending his government’s budget for the next Iranian year (beginning March. 21, 2023), President Ebrahim Raisi has presented an […]
Read more »Courtesy of The Financial Times, an article on how Cairo’s allies have shifted from handing out traditional support to seeking commercial deals and demanding reforms: Egypt is struggling to sell off state assets in its effort to ease a foreign currency and funding crisis, as Cairo’s traditional Gulf allies toughen their approach to supporting the […]
Read more »Via HeatMap, commentary on whether Latin America can really build an OPEC for lithium: In a move that shocked Wall Street, Chilean President Gabriel Boric announced last week that his country will nationalize its lithium industry. “This is the best chance we have at transitioning to a sustainable and developed economy,” Boric said. “We can’t […]
Read more »Courtesy of The Africa Report, an article on Kilamba Kiaxi, Angola’s giant city of the future: A flagship project of Angola’s former president José Eduardo dos Santos era, the ‘new city’, located on the outskirts of the capital Luanda, has not lived up to all its promises. However, projects of this type are multiplying, encouraged […]
Read more »Courtesy of The New Yorker, a report on India’s Pavagada Ultra Mega Solar Park, a clean-power plant the size of Manhattan, could be a model for the world—or a cautionary tale: Every morning in the Tumakuru District of Karnataka, a state in southern India, the sun tips over the horizon and lights up the green-and-brown […]
Read more »Via Nikkei Asia, an article on how China holds upper hand in battle with U.S. for Africa’s energy: Power generation has become the latest battleground in the China-U.S. competition in Africa, giving resource-poor countries a chance to seek more project funding. Beijing’s investments in energy infrastructure have expanded greatly, while the U.S. has launched a […]
Read more »