Courtesy of The Financial Times, an article on Total’s decision to hand the security contract for its $20bn Mozambique gas project to a Rwandan state-linked business: A security company backed by Rwanda’s ruling party has been hired to guard TotalEnergie’s giant gas project in Mozambique as Kigali continues its commercial expansion in the country three years […]
Read more »Via Bloomberg, a report on renewed efforts to revive the world’s biggest power project in the Democratic Republic of Congo: Banks are in talks over how to fund Congo’s Grand Inga Grand Inga could produce 40 gigawatts if fully developed Five development finance institutions have banded together to find a way to develop the world’s […]
Read more »Via Bloomberg, a report on Namibia’s hydrocarbon industry: Namibia has seen billions of barrels of offshore oil finds As drilling ramps up, multibillion-dollar deals are discussed Off a busy pier in Namibia’s main port of Walvis Bay, the seeds of an economic boom are being planted. As workers heave fish from boats, or unload cargoes […]
Read more »Courtesy of The Africa Report, a report on the rollercoaster ride of foreign investment in the Sahel states: Over the last three years, the member states of the newly christened Confederation of Sahel States have been hit by a fall in foreign investment, particularly Burkina Faso. In its World Investment Report 2024, the United Nations […]
Read more »Via Dialogue Earth, a look at how Chinese investment in Latin America is changing – where large infrastructure projects are making way for smaller, more focused investments in areas such as electric vehicles, renewables and high-tech sectors In the past decade, Chinese investment into Latin America has so often been characterised by large infrastructure projects: roads, railways, dams and ports, […]
Read more »Via Project Syndicate, commentary on Iran’s new progressive president, Masoud Pezeshkian, and his recognition that that his country’s economic problems can be resolved only by pursuing better relations with the West and achieving an easing of sanctions. The fact that he was allowed to run, and to win, suggests that those who truly hold power in […]
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