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 […]
Read more »Via Bloomberg, a report that the US Development Finance Corp. is conducting due diligence for a potential $250 million financing package for the Lobito Atlantic Railway Corridor, which runs from Ndola in northern Zambia north through the southern Democratic Republic of the Congo and central Angola to the port at Lobito: US International Development Finance […]
Read more »Via China Global South, commentary on why many Indonesians think Jokowi fumbled Chinese high-speed rail diplomacy: The China-backed high-speed train that runs from Jakarta to Bandung, two main cities in Indonesia, is nearing completion, and is slated to begin serving the public in August this year. But after about a decade of planning and construction, […]
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