Via The New Statesman, a look at how how Saudi Arabia’s model of capitalism without democracy thrives and the prospect of a Saudi century has consequences for us all: Illustration by Spooky Pooka At the centre of the 2018 blockbuster film Black Panther is Wakanda, a hyper-modern civilisation on the African continent kept from the modern world […]
Read more »Courtesy of Bloomberg, a report on how corruption, government incompetence and policy paralysis risk turning Africa’s most-industrialized nation into a failing state, leaving the ANC struggling to hang on to power: On a recent sunny afternoon, Joshua Radebe patted down asphalt into a neatly filled pothole on a busy Johannesburg street as a motorist tooted […]
Read more »Via Al Monitor, an article on Tunisia’s economic lifeline from Saudi Arabia as it continues to seek help from the kingdom as well as the EU and the IMF as it battles debt and inflation: Saudi Arabia announced $500 million in assistance to Tunisia on Thursday as the North African country continues to struggle with an economic and […]
Read more »Via China Daily News, a report on China’s support of Angola’s aviation industry: Aviation Industry Corp of China, the nation’s leading aircraft maker that has sold many jets and helicopters to Africa, is helping an African nation build one of the largest airports on the continent. The Dr. Antonio Agostinho Neto International Airport in Luanda, […]
Read more »Courtesy of Nikkei Asia, a look at the Maldives’ role as a transit point for sanctions-evading shipments to Russia: Surrounded by azure waters and year-round sun, the Maldives is a popular destination for holidaymakers and honeymooners. But there is another side to this country of pristine islands and glamorous resorts. It is also a transit […]
Read more »Via The Economist, an article on why Africa is poised to become a big player in energy markets: Energy markets are being rocked by an unprecedented double-whammy. Since Russia’s invasion of Ukraine last year, Europe has cut energy imports from Russia, the world’s second-largest producer of natural gas and third-largest oil producer. Prices of both […]
Read more »