Via Semafor, a report on Saudi Arabia’s growing partnership with Egypt: Saudi Arabia pledged to invest $5 billion in Egypt, a vote of confidence in Cairo’s efforts to address its fiscal and investment policies as well as a signal of shifting Gulf attitudes towards plowing cash into flailing regional economies. Saudi Crown Prince Mohammed bin […]
Read more »Via the Asia Times, a report on how – whether it’s gaining UN votes, winning access to resources or increasing use of the yuan – China’s ventures in Africa are paying dividends: China’s relationship with Africa is set to deepen. At a summit in Beijing in early September, China’s president, Xi Jinping, pledged to deliver US$51 billion […]
Read more »Courtesy of Bloomberg, a look at how Shenzhen Transsion Holding has spent years building devices to cater to African consumer tastes: On a hectic road in Lagos, Nigeria, packed with minibuses and motorized rickshaws, ads for the hottest new tech products are plastered all over a crowded electronics mart. A giant billboard looms above, displaying […]
Read more »Via the U.S. Department of State, an announcement of new U.S. – Uzbek cooperation on critical minerals: Today, Ambassador Jonathan Henick and First Deputy Minister of Geology Omonullo Nasritdinxodjaev signed a Memorandum of Understanding (MOU) to strengthen cooperation between the United States and Uzbekistan on critical minerals. The signing ceremony took place in Tashkent, ahead […]
Read more »Via Exponential View, thoughtful commentary on Pakistan’s silent energy transformation which offers a glimpse into the future of economic development, geopolitics and more: For Ksenia Alleyne, a gas trader at commodities house Gunvor, 2022 might have been a bumper year. Through meticulous and aggressive execution of her team’s gas trades, Gunvor’s profit swelled to a record […]
Read more »Via The Africa Report, an article on Ethiopia’s plans to launch the country’s first stock market since the 1970s in mid November: Ethiopia is on track to launch the country’s first stock market since the 1970s around the middle of November, says Hana Tehelku, the new head of the Ethiopian Capital Market Authority (ECMA). Final […]
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