Courtesy of The Financial Times, an article on Brazil’s agricultural sector which is creating fast wealth and boosting the nation’s economy, but may be at risk from an increasingly extreme climate: Dressed in a tailored suit, silver cufflinks and brown leather loafers, Marcelo Yamagata cuts an incongruous figure among the vast soyabean plantations and dusty […]
Read more »Via WhyAfrica, a report on Togo’s new renewable energy drive: Togo is expanding energy production and distribution through a growing emphasis on solar power. With more than half of its population lacking reliable electricity access, Togo faces substantial requirements for new energy production and distribution. At present, the West African country features a relatively diversified energy mix […]
Read more »Via Forbes, a report on Philippines fast food chain Jollibee’s successful global expansion: Jollibee Foods—controlled by billionaire Tony Tan Caktiong and his family—is targeting to triple its net profit within the next five years as the Philippines’ largest fast food chain steps up its global expansion binge. Net profit climbed 16% to 8.8 billion pesos ($159 million) […]
Read more »Courtesy of the New York Times, a look at how Russia – once dependent on Europe for trade – has been forging new routes that will allow it to skirt Western restrictions. A planned railway through Iran could be key for those ambitions. For centuries, trade with Europe was the main pillar of Russia’s economy. […]
Read more »China and Africa have forged a strong economic relationship since China’s accession to the WTO in 2001, but the number of Chinese workers in Africa dropped to a new low in 2022, continuing an annual decline since a peak of nearly 264,000 workers in 2015. Algeria and Angola have had by far the highest number […]
Read more »Via Eurasia Review, commentary on the fragile nature of Bangladesh’s banking sector: Is Bangladesh heading for a Sri Lanka type economic collapse just when that island nation seems to be finally getting its act together? The country’s central bank, Bangladesh Bank (BB)’s latest report has found more than two-thirds of the banks in the country […]
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