Via Quartz Africa, a look at the realities behind China’s debt financing of African infrastructure: Late last year, local and international media reported that Uganda’s Entebbe International Airport was at risk of being taken over by China upon default on a loan for the upgrade and expansion of the airport. The controversial news was even turned into a skit by […]
Read more »Via CNN, a report on a large scale housing project in North Korea: North Korea has started work on a sprawling 10,000-apartment residential project as the country embarks on a housing drive in its capital, Pyongyang. Amid major economic woes brought about by trade sanctions and the Covid-19 pandemic, leader Kim Jong Un attended a ground-breaking ceremony […]
Read more »Via TowerXchange, an article on Pakistan’s cellular tower market: With an estimated 36,187 towers serving four MNOs with 189mn subscribers, the Pakistan tower market has plenty of room for growth. It has been estimated that 30-40,000 additional towers will be required over the next five years, so it is little wonder that TAWAL has sought […]
Read more »Via the Asia Times, an article on the Trans Adriatic Pipeline which carries gas from Azerbaijan to Europe but Baku can offer only limited supplies if Russia halts shipments: By any measure, Russia’s war on Ukraine will have severe consequences for the global energy system. Heavily dependent on Russian oil and gas, Europe in particular […]
Read more »Via Al Arabiya News, a report on a ‘significant’ oil discovery off Namibia: France’s TotalEnergies on Thursday announced a “significant discovery” of light oil and associated gas off the coast of Namibia, saying it would start assessing potential exploration. The discovery comes after the International Energy Agency (IEA) warned last year that all fossil fuel exploration […]
Read more »Courtesy of The Diplomat, a report on China’s investments in Panama: Since the 2013, China has made major infrastructure investments worldwide as part of President Xi Jinping’s signature Belt and Road Initiative (BRI). One significant recipient of Chinese investment has been Panama, which under former President Juan Carlos Varela switched diplomatic recognition from Taiwan to […]
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