Courtesy of The New York Times, a look at how some multinational retailers are diminishing their dependence on Chinese factories by shifting production to India: Melissa & Doug had a situation. For decades, the American toy brand had leaned heavily on factories in China to make its products — wooden puzzles, stuffed animals, play mats. Suddenly, […]
Read more »Via The Africa Report, an article on Djibouti’s displeasure with the World Bank’s latest port rankings: The World Bank has ranked the port of Djibouti at the bottom of its Container Port Performance Index (CPPI) 2023. The South African operator, Transnet, is also not best pleased with its ranking. The news has not been taken […]
Read more »Via WhyAfrica, a report on Africa’s infrastructure boom: Africa enters infrastructure boom Inadequate infrastructure remains a challenge, but also creates investment opportunities. With African government committing billions of dollars to infrastructure development, the continent is touted to be entering a 20 to 30-year infrastructure development boom. Infrastructural development is pivotal to all aspects of social and economic […]
Read more »Via TriContinental, detailed commentary on how the DRC’s vast mineral wealth contrasts with its extreme poverty, caused by exploitation and conflict: We are deeply grateful to Dr Eyamba Bokamba, Dr Georges Nzongola Ntalaja, Marie Claire Faray, Muadi Mukenge, Patricia Lokwa Servant, Lubangi Muniania, Kambale Musavuli, Professor John Higginson, and others for their indispensable contributions. This […]
Read more »Courtesy of The Financial Times, a look at the giant Exxon project that could create the world’s last petrostate But critics fear the oil bonanza will turn Guyana into a victim of the ‘resources curse’: Inside a drab six-storey office block in a residential street in Guyana’s capital Georgetown, a team of ExxonMobil executives are […]
Read more »Via Reuters, a report on Namibia’s oil boom: Namibia has become an oil exploration hotspot after several discoveries in recent years along its coast. It has not yet produced any oil or gas, but oil majors such as TotalEnergies (TTEF.PA), opens new tab and Shell (SHEL.L), opens new tab have made discoveries estimated at 2.6 billion barrels, with production in the […]
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