Via Bloomberg’s Next Africa, a cautionary look at Namibia’s recent deep sea oil discoveries: Explorers tried and failed for decades to find oil in Namibian waters until TotalEnergies and Shell announced major discoveries last year. More rigs raced to the coastline as reserve estimates climbed to 11 billion barrels of crude. With some touting it […]
Read more »Courtesy of The Africa Report, commentary from the Moroccan Minister of Industry and Trade on his country’s strategy for strengthening its industrial fabric and attracting investors: Before being appointed to his current post, the Cellulose du Maroc and Polytechnique Zurich graduate has worked for a long time in the private sector, both in Morocco and […]
Read more »Via The Brief, an article on Namibian efforts to target U.S. investment: The Namibia Investment Promotion and Development Board (NIPDB) is set to promote investment opportunities in Namibia on the margins of the United Nations General Assembly summit underway in the United States of America (USA) to boost the inflow of foreign direct investment (FDI). […]
Read more »Via Bloomberg, a report on Paraguay’s economic strategies with Taiwan and China: Ties with Taipei won’t be broken, Santiago Peña said South American country open to trade with China, he added Paraguay’s leader defended his nation’s diplomatic ties with Taiwan and held up the Asian economy’s shift from agriculture to manufacturing as a model to […]
Read more »Courtesy of Caixin Global, a report on China’s Sinopec’s deeper exploration of geothermal energy: China Petroleum & Chemical Corp., the state-owned energy giant known as Sinopec, is making a bigger push into a renewable energy generated by heat within the earth as the country looks to diversify its sources of green energy. Sinopec’s push could serve […]
Read more »Via Nikkei Asia, a look at how the EU’s Green Deal adds another challenge to nickel-rich but coal-reliant Indonesia dream of building a domestic electric vehicle industry: Indonesia’s ambition to use its vast nickel wealth to build an electric vehicle battery industry is hitting major obstacles, with the government failing to secure adequate lithium supplies […]
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