Courtesy of Foreign Policy, a look at how – as the clean energy transition takes off – the Middle East’s oil giants are making sure they have a seat at the table: Oil may be the lifeblood of many Middle Eastern economies, but some of the region’s biggest players are now setting their sights on […]
Read more »Via Semafor, a report on Universal Music Group’s acquisition of Nigerian music label Mavin: Universal Music Group has acquired Nigeria’s Mavin Global, one of Africa’s largest and most successful independent record labels. The deal remains subject to regulatory approval but is expected to close in September, the companies announced in a statement on Monday. The […]
Read more »Courtesy of Latinometrics, an interesting graphical look at the density of McDonald’s in Latin America: What do Bolivia, Cuba, and Haiti have in common? They stand together as the only 3 Latin American countries where McDonald’s is absent. Actually, Cuba has a single location, but it’s technically under US jurisdiction in their Guantanamo Bay military base […]
Read more »Via Bulk Materials International, a report on infrastructure plans aimed at expanding Mozambique’s coal exports: Several years after the project was shelved, Thai Moçambique Logistica (TML) has revived its plan to build a new coal port at Macuse near the mouth of the River Zambezi in Mozambique. Interest in the country’s coal industry seemed to […]
Read more »Via Energy, Capital & Power, an article on Sonangol’s privatization and drive to strengthen its competitiveness: Angola plans to complete the privatization of the country’s national oil company (NOC) Sonangol by 2026, falling in line with its strategy to modernize the economy and attract private investment. As part of the strategy, the government will make […]
Read more »Via Semafor, a report on continued upgrades to Somalia’s telecommunications sector: Hormuud Telecom, Somalia’s largest telecommunications provider, has rolled out its 5G network in the country. The network will be accessible in Mogadishu, Kismayo, and several other major centers across the country, including Galkayo, Baidoa and Dhobley. Somalia’s telecommunications minister, Jama Hassan Khalif, described the […]
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