Via World Politics Review, a look at how the proposed Ethiopia-Somaliland port deal could sink Djibouti’s economy: With a population of just over 1 million people and few tangible resources, Djibouti has long depended on its strategic location alongside the Gulf of Aden and at the entrance to the Red Sea as its main economic asset. […]
Read more »Via Middle East Eye, a report that Egypt’s Sisi government is working to finalize a $22bn sale of Ras el-Hikma to the UAE: Reports that investors from the United Arab Emirates will buy the Mediterranean town of Ras el-Hikma in northwestern Egypt have triggered a popular backlash in the country. Pro-government media in Egypt has been buzzing this week […]
Read more »Courtesy of African Arguments, commentary on Italy’s $6bn Mattei plan for Africa, which was drawn up without any input from African leaders and is named after the controversial founder of Italy’s fossil fuels major: It is troubling that many African leaders who skipped the G77+China Summit in Uganda last week flocked to Rome this week to […]
Read more »Courtesy of Forbes, an interesting look at Saudi Arabia’s $800 billion tourism moonshot — creating private islands, luxury hotels, theme parks, cruise ports, even a desert ski resort. The question remains: If they build it, who will come? Whatever your preconceived notion of Saudi Arabia as a travel destination is, it’s about to be get […]
Read more »Courtesy of Nikkei Asia, a report on progress related to Indonesia’s new capital, Nusantara, which is struggling to convince investors it is here to stay: A great chrome and glass building in the shape of a winged bird rises half-built from the jungles of Borneo. Two years ago, this was a sprawling eucalyptus plantation, but in […]
Read more »Courtesy of The Financial Times, a report on Russia’s planned gas pipeline to China hit by construction delay Construction on the Kremlin’s long-planned mega-pipeline connecting Russia’s western gasfields with China is expected to be delayed, the prime minister of Mongolia has warned, in a blow to Moscow’s plans to secure a new market for the […]
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