Via Modern Diplomacy, an article on how the BRICS are now a new bridge to a New World: Measuring BRICS in single decades, in 2001, BRIC started as an acronym for Brazil, Russia, India, and China; Goldman Sachs economist Jim O’Neill claimed that by 2050 the four BRIC economies would come to dominate the global […]
Read more »Via The Conversation, an article on how a Kenya railway study shows Chinese-funded investment projects aren’t a one-way street: China is an important economic player in Africa. In 2021 alone, China accounted for nearly US$5 billion in foreign direct investment in African countries. The rapidly increasing Chinese presence across Africa has become a contentious issue […]
Read more »Courtesy of Nikkei Asia, a report on the Pinglu Canal in southern China which is set to reshape the movement of goods in the region when it is completed in a few years. The $10 billion project highlights Beijing’s shifting focus toward maritime connectivity for its Belt and Road Initiative, observers say. But as the […]
Read more »Via Tasnim News, a report on Iraq’s ambitions plans to become a regional transportation hub: Iraq presented an ambitious plan on Saturday to establish itself as a regional transportation hub by developing its road and rail infrastructure, connecting Europe with the Persian Gulf and other countries in West Asia. The $17 billion project, known as […]
Read more »Courtesy of The Financial Times, an article on how discerning fund managers say Africa can provide lucrative and stable returns: Africa presents something of a conundrum for the world’s biggest asset managers. What should be a continent overflowing with investment opportunities is by and large no more than a side note within the trading activities […]
Read more »Courtesy of Project Syndicate, a look at – while Big Tech companies are investing heavily in Africa – their poor track record on disinformation and privacy, and their lack of interest in fostering partnerships with African companies, is limiting their prospects: Last year, Google’s Equiano undersea cable began conveying terabytes of data per second to […]
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