Via Modern Diplomacy, an article on Uzbekistan’s plans to become the world’s IT outsourcing hub, displacing traditional locations India and China: The Central Asian country plans to increase its export of IT services to $5 billion by 2030 (compared to $344 million in 2023). A special economic zone, IT Park, has already attracted over 400 […]
Read more »Courtesy of The New York Times, a report on Paltel: When Mohammed Sweirky prepared to leave for a work trip in January to repair telecommunications infrastructure that had been destroyed in northern Gaza, his wife and children pleaded with him not to go. Fighting between Israeli troops and Hamas members was still raging in the […]
Read more »Via Rest of World, a look at how – from a startup accelerator to funding startups and even investing in telecom companies – Visa and Mastercard are steadily increasing their presence on the continent: In 2023, Visa launched its Africa Fintech Accelerator program, just six months after the Mastercard Foundation announced a fund to invest […]
Read more »Courtesy of McKinsey, a detailed analysis of the Philippine economy which was more resilient than expected in 2023 — and current projections indicate that it could again achieve healthy growth in 2024: The Philippines ended 2023 on a high note, being the fastest growing economy across Southeast Asia with a growth rate of 5.6 percent—just shy […]
Read more »Via Energy, Capital, & Power, an article on Zimbabwe’s gas potential: Zimbabwe has one of the largest underexplored interior rift basins in Africa and is strategically located in close proximity to resource-rich acreage in neighboring Mozambique. Given this potential, the country is making great strides to unlock the full potential of its resources, with an […]
Read more »Via Apricitas Economics, a detailed look at Mexico’s investment boom which is being driven by major public works projects and supply-chain nearshoring: The United States has taken a much more aggressive approach to managing its industrial policy over the last several years—spending hundreds of billions to subsidize investments in semiconductors fabricators, car factories, and cleantech manufacturing […]
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