Courtesy of the Wall Street Journal, a look at how China has focused on Latin American investments and relationships: South of the border, China is ascendant. Chinese leader Xi Jinping arrives this week in a region where China has replaced the U.S. as the dominant trading partner for most big economies, with the exceptions of Mexico and Colombia. Beijing […]
Read more »Via Bloomberg, an article on an innovative blue finance initiative in Namibia: Bond will be listed on the Namibia Stock Exchange in 2025 The seaweed startup seeks to raise $173 million by 2028 Kelp Blue plans to issue Africa’s first corporate blue bond next year to expand its giant kelp forests along Namibia’s coast. The […]
Read more »Courtesy of The Financial Times, a report on how aBeijing-backed project in Peru poses strategic challenge to US as Donald Trump prepares to take office in January: Ahead of the ribbon-cutting at the Port of Chancay — a Chinese-built megaport on Peru’s Pacific coast that is set to transform regional trade — Chinese-made ZPMC unmanned […]
Read more »Via Nikkei Asia, a look at how a stalled Malaysian project near an economic zone with Singapore woos family offices with tax perks: As Malaysia prepares to develop an economic zone with Singapore here in a bid to revitalize the region, it also hopes to breathe new life into a struggling decade-old urban development project […]
Read more »Via The Economist, a report on how Congo-Brazzaville has lost a big chunk of its oil revenue: MORE THAN a decade ago the Republic of Congo, an oil-producing country of 6m people in central Africa, wanted to improve its decrepit health-care infrastructure. It paid €491m (then worth $658m) to a Brazilian company called Asperbras to build […]
Read more »Via Bloomberg, a report on Saudi Arabia’s plans to build an AI powerhouse: Entity would build on kingdom’s efforts to emerge as AI hub PIF, Google AI partnership may serve as model for project Saudi Arabia is planning a new artificial intelligence project with backing of as much as $100 billion as it seeks to […]
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