Via DealStreet Asia, an article on how funding in India’s third tier cities is showing steady increase amid overall slowdown: A growing tribe of private equity and venture capital investors is heading to India’s hinterland amid a rise in local tech talent coupled with improving infrastructure, increasing Internet penetration and lower operational expenses. According to […]
Read more »Via Reuters, a report on the West’s efforts to challenge China’s critical minerals hold on Africa: China’s CMOC Group overtook Glencore to become the world’s largest producer of cobalt last year as it ramped up its new Kisanfu mine in the Democratic Republic of Congo. The company’s production leapt by 174% year-on-year to 55,526 metric […]
Read more »Via Nikkei Asia, a bullish report on India’s impact on the global renewable energy sector: India can “greatly accelerate” the global transition to cleaner power if its request to join the International Energy Agency is approved, the country’s Ambassador to France Jawed Ashraf told Nikkei. Ashraf said India can use its massive workforce and investment-friendly […]
Read more »Via Caixin Global, an article on the growing presence of Chinese green energy and digital infrastructure firms in the Middle East: A veteran investor and co-founder of a global asset allocation firm said Chinese companies eyeing the Middle East should focus on digital infrastructure and green energy, as more firms look to the region for […]
Read more »Courtesy of Bloomberg, an article on how Nigeria’s free-falling currency and rampant inflation are slashing the profits of global conglomerates: As Nigeria’s vice president cut the ribbon on Procter & Gamble Co.’s diaper production line in 2017, the $300 million facility near Lagos was hailed as a symbol of the country’s economic ambitions. In December, P&G […]
Read more »Courtesy of Rane’s Worldview (subscription required), a report that Niger and Morocco are working to advance plans to help western Sahelian countries diversity their maritime access through Morocco’s ports: What Happened: Nigerien Prime Minister Ali Mahaman Lamine Zeine met with Moroccan Prime Minister Aziz Akhannouch as part of a two-day trip to Morocco, Radio France Internationale […]
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