Courtesy of The Financial Times, an article on Brazilian niobium: Among Brazil’s abundant mineral riches — from iron ore and gold to precious stones and copper — is one niche metal that almost no other country can claim to produce at scale: niobium. The dominant producer, Companhia Brasileira de Metalurgia e Mineração (CBMM), is exploring new […]
Read more »Via Africa as a Country, commentary on the impact that Lagos’ new mass rapid transit has upon social stratification: The arrival of mass rapid transit in the city offers a new metaphor for Nigeria’s social stratification. For a moment, Pride & Prejudice finally had some sound. For Nigerians familiar with the movie, and who have also taken […]
Read more »Via The Washington Post, commentary on the AfCFTA which would go a long way toward fulfilling the dream of a united continent. The United States, Mexico and Canada trade with one another under a pact that replaced the long-standing North American Free Trade Agreement, or NAFTA. The Europeans have their single market and common currency. Southeast […]
Read more »Courtesy of Foreign Policy, a report on how a mistaken provision in a Peru agreement has given Beijing control of a key port: Pity the Peruvian negotiators who, five years ago, signed an agreement with the Chinese giant Cosco Shipping Ports. The agreement was about the Port of Chancay, located near Lima, which was to […]
Read more »Via LatAmFintech, a report on Nubank: Nubank announced today that it has surpassed 100 million customers in Brazil, Mexico and Colombia, becoming the first digital banking platform to reach this milestone outside of Asia. This achievement comes after the company has presented record financial results for the year 2023, with more than $1 billion in net […]
Read more »Via The Wire, a look at China’s fintech footprint in Africa: Instead of visiting a bank, Nigerians who need to move money are now just as likely to visit a street market and speak to an agent working for OPay, a Chinese-backed fintech company. These agents form part of a vast network that has propelled […]
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