Via BNN Bloomberg, a report on Cote d’Ivoire: Ivory Coast’s eurobonds rallied after the nation’s credit score was lifted by Moody’s Investors Service, which cited the resilience of the economy and rising private sector investments. The company raised the West African nation’s rating one level to Ba2, two levels below investment grade over the weekend. […]
Read more »Via The China File, commentary on CPEC, China’s trade route through Pakistan which promised investment but faces regional backlash: The China-Pakistan Economic Corridor (CPEC) is one of the major spokes of Beijing’s multi-trillion dollar Belt and Road Initiative (BRI), an ambitious attempt to remake global trade and transport infrastructure. CPEC’s terminus is Gwadar, a port […]
Read more »Courtesy of The Africa Report, a look at MNC food companies inflation-related challenges in Africa: Multinational food companies, whose products are widely consumed on the continent, are facing inflation-related headwinds. They may be corporate heavyweights, but times are tough for them too, including their activity on the continent. On 22 February, as its annual results […]
Read more »Via Deutsche Welle, a look at the UAE’s $35 billion deal with Egypt: a case of Gulf bailout diplomacy or not? While much about this deal seems very familiar, the underlying arrangement signals an important shift in the Gulf states’ decades old practice of bailout diplomacy as a large portion of the deal resembles a […]
Read more »Courtesy of The Africa Report, an article on deepening economic ties between Kenya and Ethiopia: Kenya and Ethiopia have this week signed seven memoranda of understanding, from blue economy, petroleum and energy development to enhance trade relations and investment cooperation. Ethiopian Prime Minister Abiy Ahmed arrived in Nairobi on Wednesday for a two-day state visit […]
Read more »Courtesy of Bloomberg, a look at Qatar’s plans to snag an even bigger share of the global natural gas trade, adding more than $30 billion to its annual revenue in the process: With a two-phase mega-expansion already underway and an enormous new buildout now on the horizon, the small Gulf nation of Qatar is setting itself up to […]
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