Via Fast Company, a report on Intel’s latest cash infusion to three Middle Eastern firms. As the article notes: At last week’s World Economic Forum (WEF) meeting in Marrakech, one interesting announcement largely flew over Western heads: Intel Capital has made large-scale investments in three Jordanian and Lebanese companies. Lebanese VoIP firm Nymgo received their […]
Read more »Via McKinsey Quarterly, an in-depth interview with Dr. Shokri Ghanem, chairman of Libya’s National Oil Corporation, about the future of energy pricing, the operation of national oil companies, and their changing relationship with the international oil majors: “…Since the day in 1968 when Dr. Shokri Ghanem took a post at Libya’s Ministry of Petroleum, he […]
Read more »Via Bloomberg, a report that Indian entrepreneurs and investors are actively investing in Africa. As the article notes: “…Indian billionaire Ravi Ruia flew to Africa every month for the past 18 months, buying coal mines in Mozambique, half an oil refinery in Kenya and a call center in South Africa for his Essar Group. This […]
Read more »Courtesy of Mark Mobius’ blog, an interesting commentary on frontier markets and the need to clarify some misperceptions of such investment opportunities: “…Going back to the concept of frontier markets – be it investing or entering a new field, I believe that the better one appreciates the inherent risks in the ventures, the better one […]
Read more »Via Foreign Policy, an interesting report on the rise of “small oil”, upstart companies such as PetroVietnam and Ghana National Petroleum Company. As the article notes: “…Chevron is drilling again in the Gulf of Mexico, and the rest of Big Oil won’t be far behind now that the Obama administration has cleared the way, the […]
Read more »Via Fast Company, a report on developments related to a rail link from Singapore to Southwest China. As the article notes: “…Plans for a pan-Asian railroad have been in the works for decades, but today marked the first step toward linking a massive railway line from Singapore to Southwest China and beyond. It’s called the […]
Read more »