A look at the Foreign Direct Investment (FDI) momentum leaders in 2024, courtesy of fDiInsights Annual FDI Standouts Watchlist. What does this mean for the everyday countries such as Cambodia, Philippines, Namibia, or Iraq? FDI or Foreign Direct Investment, is a critical economic indicator measuring international investment inflow. For #Namibia, for example, ranking 5th implies […]
Read more »Courtesy of 38 North, a look at North Korea’s new model chicken farm: The Kwangchon Chicken Farm is finally up and running, according to North Korean state media. The project is said to have been “personally initiated” by Kim Jong Un and is being held up as a new model for the country’s poultry production […]
Read more »Via The Brief, a report that China is targeting increased trade with Namibia: China says it is committed to increasing trade with Namibia beyond the US$1 billion (N$18 billion) attained last year, through enhanced collaborations in agriculture, aquaculture, tourism and mining. Official statistics show that from January to September 2023, China-Namibia bilateral trade volume reached […]
Read more »Via Nikkei Asia, a look at how China and the U.S. are subject to political vagaries in the Solomon Islands: Chinatown in Honiara, the capital of the Solomon Islands, still bears scars two years after demonstrators demanding that the pro-China government step down in November 2021 turned riotous. But perhaps ironically, China’s involvement in the […]
Read more »Via Quartz, an article on Kaspi.kz, maker of a super app, which recently raised approximately $1 billion in its stock offering: Kaspi.kz, a mobile app company, launched its initial public offering (IPO) on the Nasdaq stock exchange Friday, raising about $1 billion. On its first trading day, shares of Kaspi.kz debuted 0.5% above its offer […]
Read more »Courtesy of The Africa Report, a report on Côte d’Ivoire desire for more investment from China: On a visit to Abidjan, Chinese foreign minister Wang Yi expressed his desire to ‘deepen’ bilateral cooperation, a sentiment echoed by President Alassane Ouattara. It was the last stop on an African tour that has taken him to Egypt, […]
Read more »