Via The Africa Report, a look at the Gulf’s continued strong investment interest in Africa: Gulf countries invested over $100bn in Africa between 2012 and 2022, leveraging the continent’s opportunities to diversify their oil-dependent economies. Nearly half of those investments came from the UAE. Here is a breakdown in infographics. Agriculture, renewable energy, healthcare and […]
Read more »Via Bloomberg, an article on Angola’s plans to sell stakes in several large companies in 2025: Minister Massano says sales are part of privatization program Some asset sales will be carried out through the stock market Angola plans to sell stakes in its biggest telecommunications company, Unitel SA, and two lenders in the coming months to attract […]
Read more »Via Asia Times, a look at how China has invested billions in 129 ports worldwide, raising concerns the Belt and Road Initiative is quietly being weaponized: On his way to the G20 summit in Rio de Janeiro in November, Chinese President Xi Jinping met with Peruvian President Dina Boluarte to officially open a new US$3.6 billion deepwater […]
Read more »Via The Standard, a look at Bayaba – Gambia’s new agricultural hub: The Jah Agric Farm in Bayaba is poised to significantly reduce Gambia’s reliance on rice, potato, and onion imports. The project, initiated by Jah Oil Company, encompasses 1,200 hectares and aims to expand to 15,000 hectares nationwide, focusing on modern agricultural practices and […]
Read more »Via The Diplomat, a report on how – if Pakistan does not keep its part of the pipeline agreement with Iran – it will have to shell out a potential $18 billion to Tehran: Pakistan’s Petroleum Minister Musadik Malik announced in December that he planned to request a sanctions waiver for the Pakistan-Iran gas pipeline project from […]
Read more »Via The Africa Report, a look at whether – with Shell writing down a $400m investment, and Chevron backing out – questions should arise about Namibia’s hopes to become a frontier oil producer: Namibia, once considered the “last frontier” for untapped oil reserves, has been the focus of global energy giants since major offshore discoveries […]
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