Courtesy of Semafor, a look at Russia’s longterm economic, cultural, and diplomatic bet on Africa: Russia has recruited hundreds of young Africans to its Russian language and cultural programs across the continent over the past year as the spearhead of a wider push by the Kremlin to use education to deepen its ties with everyday […]
Read more »Via Bloomberg, a report on the capital shortfalls hindering Nigeria’s power sector: Power firms need to woo new investors, Tinubu’s adviser says Energy subsidy to more than double this year without review Nigerian electricity companies are short of an estimated 2 trillion naira ($2.5 billion) in capital and need new investors to revive the industry […]
Read more »Via Forbes, a look at how the Philippines’ $2.3 billion Sovereign Wealth Fund is going back to basics, with plans to build economic pillars: Maharlika Investment Corp.—the Philippines’ newly created sovereign wealth fund—is going back to basics by investing in projects to help build the country’s economic pillars such as agriculture, energy, tourism and infrastructure. […]
Read more »Courtesy of Bloomberg, an article on how a combination of climate change and infrastructure is to blame for critical shipping delays at the Panama Canal: The vestiges of an ancient forest tell the story of just how bad things are at the drought-stricken Panama Canal. A few hundred feet from the massive ships hauling goods across […]
Read more »Via Energy, Capital, and Power, a look at 5 attractive investment destinations in Africa in 2024: On the back of growing global demand and with a largely untapped resource portfolio, Africa is on the cusp of transforming its energy sector. Foreign investors are eager to capitalize on diversified supply chains while efforts by African governments […]
Read more »Via WhyAfrica, a report on the arrival of Ivanhoe mines’ first shipment of copper concentrate from the Kamoa Kakula Copper Complex in the Democratic Republic of the Congo (DRC) to the Atlantic Ocean port of Lobito in Angola: Ivanhoe mines’ first shipment of copper concentrate from the Kamoa Kakula Copper Complex in the Democratic Republic […]
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