Via BBC, an article on India’s urging of the U.S. not to take a “narrow view” of its port agreement with Iran, a day after Washington warned that countries doing business deals with Tehran risked sanctions: On Monday, India signed a 10-year deal with Iran to develop the strategically important Chabahar port. The US said any country […]
Read more »Via The East African, an article on Uganda’s decision to give a Belgian firm the contract to develop Bukasa port: Uganda has awarded a contract to a Belgian firm to reclaim land and dreg the Lake Victoria bed to pave the way for the development of Bukasa port. The Belgian firm Coil and Coppleters NV […]
Read more »Via The Africa Report, commentary on why Egypt and Turkey’s economic rapprochment needs Libya: After ten years of a consistently tense diplomatic relationship, Cairo and Ankara have buried the hatchet to start afresh. Will this reconciliation be enough to boost their weakening economies? In the current global political climate, both Egypt and Turkey are suffering economically. To […]
Read more »Via Modern Diplomacy, a report on the role of ports in China’s rise to prominence in the world economy during the last four decades:. China’s rise to prominence in the world economy during the last four decades has been fueled by rapid economic expansion, heightened involvement in international trade, and extensive global investment. This growth […]
Read more »Via Bloomberg, an article on the impact that a broken oil pipeline is having upon South Sudan: Pipe ruptured in February causing crude exports to plummet Lack of funds to maintain patronage could spur violence A broken pipeline that exports about two-thirds of South Sudan’s crude production could heighten the risk of renewed fighting in […]
Read more »Via Rest of World, a report on Rwanda’s homegrown EV leader’s aims to replicate its small-market success in East Africa’s largest economy: With a 70% market share, Ampersand is Rwanda’s biggest EV manufacturer. Friendly government policies and partnerships with financing companies have helped the company grow. After Kenya, the company also has plans to expand […]
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