Courtesy of Bloomberg, a report on Ethiopia’s risk of default: Ethiopia, for a while considered one of Africa’s hottest investment destinations, looks set to renege on its debts. After last-ditch restructuring talks with a committee that represents holders of its $1 billion dollar bonds fell through, the government said it wasn’t in a position to […]
Read more »Via Nikkei Asia, a report on how the U.S.-China rivalry hits home in the Philippines, specifically Cagayan where both sides make moves to bring both growth and security: This spring, after 47 years as a local politician, Manuel Mamba for the first time found himself at the center of a national firestorm. Mamba is governor […]
Read more »Via WorldCrunch, a report on how – since the West has largely abandoned the fight against terror in the region – Russia’s hour in Africa seems to have come: On our way to meet the man singing Russia’s praises in Niger, a street seller knocks on the car window. He is holding a bunch of […]
Read more »Via National Interest, a report on the U.S. – Angola partnership: There is much with the Biden administration’s approach to Africa, beginning with its much-ballyhooed but ultimately disappointing U.S. Strategy Towards Sub-Saharan Africa document, which, once one got past the seemingly endless clichés strung together, reflected little more than a commitment to the status quo, […]
Read more »Via The Africa Report, an article on role that Dubai plays for African business: A crossroads between Europe, Africa and Asia, the emirate now hosts regional headquarters for numerous companies operating in Africa. Running African businesses from outside the continent? The situation is nothing new. But decision-making centres, long headquartered in European capitals, have shifted […]
Read more »Via Energy, Capital, and Power, a report on West Africa’s energy transition: West Africa is home to a diverse landscape of energy players, from mature petroleum producers to emerging gas frontiers. For established markets, the energy transition requires decarbonizing and optimizing existing operations, while bringing renewable energy and carbon capture technologies to the forefront. Meanwhile, frontier […]
Read more »