Via Forbes, an article on UAE gaming sector: The gaming authority of the United Arab Emirates just handed Wynn Resorts a second massive win in as many months. After awarding Wynn the first commercial casino license in the emirates in October, the head of the UAE’s General Commercial Gaming Regulatory Authority (GCGRA) said this week that […]
Read more »Via Wired, a look at how a quarter of all iPhones could be made outside China by 2025, most likely in India—a rapidly growing market with hundreds of millions of potential customers. And the race is on, as Samsung and Chinese brands are betting big there too. The giant companies that make the phones in our […]
Read more »Via The Africa Report, an article on how Ethiopia’s state utility has generated $55m in less than a year from power-purchase agreements with bitcoin miners – money it intends to use to develop the grid: Ethiopia Electric Power (EEP), the country’s state-owned utility, has signed-power purchase agreements with 25 bitcoin mining companies, attracted by Ethiopia’s affordable […]
Read more »Via Bloomberg, a look at the Middle East’s growing interest in Africa: Investors are seeking deals for food security in Kenya African countries must reduce dependence on dollars for debt Rich investors from the Middle East are scouring Africa for deals in agricultural projects, critical minerals and renewable power, according to Citigroup Inc. They’re looking at […]
Read more »Via Nikkei Asia, a report on Nauru’s deep-sea mining project which targets vast seabed mineral reserves: More than 4 kilometers beneath the surface of the north Pacific Ocean lies what the tiny island of Nauru sees as a vast treasure chest — a seabed studded with minerals that could pioneer an economic transformation for remote […]
Read more »Courtesy of Foreign Affairs, commentary on shat the continent stands to gain from a transactional White House: When he returns to the White House, Donald Trump, the U.S. president-elect, will take over an Africa policy riddled with contradictions. Since 2022, President Joe Biden has sought to improve ties between the United States and sub-Saharan African […]
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