Via Bloomberg, a report that Ethiopia may allow overseas lenders to own up to 30% of local banks: Ethiopia plans to allow overseas lenders to acquire up to 30% in its commercial banks, the latest step by the government to encourage investment in one of Africa’s biggest economies. A draft by Ethiopia’s Council of Ministers […]
Read more »Via Foreign Policy, an article on a U.S.-brokered maritime border agreement that could have profound effects on the entire Middle East: Last month, we visited a Hezbollah tunnel on the Israeli-Lebanese border as part of a bipartisan group of Middle East experts. Dug almost a football field deep—with twisting staircases, advanced lighting, and oxygen cables—the tunnel’s […]
Read more »Via South China Morning Post, a look at a number of joint infrastructure projects between China and Russia that have been completed in the resource-rich Far East region in recent months to make imports of Russian oil, natural gas and farm goods easier: China is strengthening transport links with Russia’s Far East at an accelerating pace, with […]
Read more »Via Mehr news, an article on Iran’s ambitions to become a regional energy hub with Russia’s support: Iran’s oil minister said on Thursday that oil and gas swap between Iran and Russia would turn Iran the hub of energy in the region. Javad Owji, who accompanied Iran’s First Vice-President Mohammad Mokhber in Moscow to attend […]
Read more »Via Forbes, a report on the growing appetite for African data centers: Insufficient infrastructure investment has always stymied development in Africa. Most of the continent has historically lagged the rest of the world in coverage of key infrastructure classes, including energy, transport, water, healthcare and telecoms. Closing this gap is crucial for the economic growth […]
Read more »Courtesy of The Financial Times, an article on Unilever’s view on India’s market potential: Hindustan Unilever’s chief executive said he believes India, the consumer group’s biggest market by volume, will overtake the US to become the largest by value. “I clearly see a day when HUL will become the largest Unilever business,” said Sanjiv Mehta, […]
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