Via Bloomberg, a report that the tuna fishing fleet at the center of a $2 billion corruption scandal, which scuttled Mozambique’s economy and triggered court cases across three continents, is up for auction: Most of the boats have never gone fishing in a decade The scandal ended in default and sank the nation’s economy The […]
Read more »Via Masdar, an article on growing investment ties between the UAE and China: Silk Road Fund intends to invest up to RMB 20 billion (equivalent to USD 2.8 billion) in projects alongside Masdar Collaboration will focus on projects primarily in the developing world and global south Aligns with Silk Road Fund’s goal to provide investment […]
Read more »Via CNN, a report on Uzbekistan’s growth plans: This render depicts New Tashkent District 1. The 6,000-hectare (15,000 acre) site will be the first development phase of Uzbekistan’s capital expansion. Cross Works About five million people live and work in Uzbekistan’s capital, Tashkent, making it the largest city in the country, and one of the most populous […]
Read more »Courtesy of The Financial Times, a report on Namibia’s plans to double GDP growth from oil and gas finds: Namibia could double its annual GDP growth to 8 per cent within a decade and reduce its dependence on diamonds because of new offshore oil and gas finds, according to the southern African country’s mining and energy […]
Read more »Courtesy of the New Yorker, a look at New Caledonia, home to thousands of species found nowhere else—and to nickel that companies like Tesla desperately need: In September, 2020, Elon Musk and a Tesla executive named Drew Baglino put on matching T-shirts and took the stage in a California parking lot. To mark what the company […]
Read more »Courtesy of The Financial Times, an article on Hungary, which has captured more than a quarter of Chinese capital flowing into Europe since 2022: Viktor Orbán has turned Hungary into the main home for Chinese capital in Europe, capturing more than a quarter of all Chinese investment coming into the continent over the past two […]
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