Courtesy of Nikkei Asia, a look at how Indonesia’s nickel riches are spurring local company EV, battery ambitions: FROM COAL MINERS TO CONGLOMERATES, INDONESIA’S BURGEONING ELECTRIC VEHICLE AND BATTERY SCENE IS ATTRACTING BROAD LOCAL CORPORATE INTEREST BUOYED BY THE COUNTRY’S RICH NICKEL RESOURCES AND GOVERNMENT PROMISES OF INCENTIVES. THE INVOLVEMENT COMES AS GLOBAL EV MAKERS INCLUDING […]
Read more »Courtesy of The Africa Report, a look at Ethiopia’s planned banking sector reform: Ethiopia is on the cusp. Since Prime Minister Abiy Ahmed came into office in April 2018, Ethiopia has laid down a series of reforms, most notably softening its stranglehold of key sectors of the economy, namely aviation, logistics, telecoms and energy. But […]
Read more »Via Bloomberg, a report that Zimbabwe’s leader is seeking investment for a new national capital with luxury homes just down the road from an impoverished and overcrowded Harare: Zimbabwe’s political leaders have a remedy for the collapse of the capital Harare: Build a new “cybercity” with as much as $60 billion of other people’s money. The […]
Read more »Via The Diplomat, a look at Sub-Saharan Africa’s first inner-city tram project which – hailed as historic in 2015 – faces more problems than ever seven years later: The Addis Ababa Light Rail Train (AALRT), sub-Saharan Africa’s first inner-city tram project, was hailed as an exemplary infrastructure development in 2015 and a ground-breaking step forward for […]
Read more »Courtesy of The New York Times, an article on how the soaring hopes at South Sudan’s creation in 2011 have been cruelly dashed: It is just over a decade since the steamy capital of South Sudan exploded in joy, with revelers singing and dancing through the night to mark the birth of their nation as it split […]
Read more »Via the Miami Herald, an article on the continuing challenges of building businesses in Haiti: The Korean textile company that for a decade anchored the United States’ largest investment in a post-earthquake Haiti is downsizing — and eliminating thousands of jobs. Sae-A Trading Co., which operates as S&H Global inside the Caracol Industrial Park in […]
Read more »