Via Bloomberg, a report that China is building its European battery supply in Morocco: Less-expensive LFP batteries gaining use in electric cars Jorf Lasfar site aims to produce cell materials next year China is building a battery supply chain for Europe in Morocco, as the continent struggles to develop its own industry to feed electric-car […]
Read more »Via Semafor, a report on Sierre Leone’s digital hub investment strategy: Sierra Leone is seeking to raise up to $150 million to roll out a far reaching digital innovation strategy led by a new Tech City hub. The plan incorporates job creation, training, entrepreneurship, and efforts to attract investment. Technology minister Salima Bah, who is […]
Read more »Via Energy Daily, a report on Serbia’s lithium ambitions: President Aleksandar Vucic said Serbia could exploit lithium as early as 2028 following new guarantees from Australian mining giant Rio Tinto and the EU over the controversial project, the Financial Times reported on Sunday.According to Rio Tinto, Jadar in western Serbia holds one of Europe’s largest […]
Read more »Courtesy of Fortune, a look at Jollibee – which has a cult-like following in the Philippines and among the Filipino diaspora – and whether its ‘Chickenjoy’ and sweet spaghetti ever truly challenge McDonalds globally? There may be no busier place in Hong Kong on a Sunday than the Jollibee restaurant on Connaught Road. Nestled between […]
Read more »Via The Latin American Post, an article on Walmart’s investment in Guatemala: Walmart has announced plans to invest $700 million in Guatemala over the next five years, a move expected to stimulate significant economic growth and create job opportunities in the Central American country. Walmart, the world’s largest retailer, has announced a substantial investment plan […]
Read more »Via Bloomberg, a look at how western multinationals fleeing Nigeria are being replaced by Asian and Turkish firms: Naira’s depreciation, currency swings deter multinationals Nigerian firms have also made significant investments As US and Europe-based multinationals exit Nigeria, Asian and local companies are stepping in to fill the void. Last week, London-based Diageo Plc sold its controlling […]
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