Courtesy of The Africa Report, commentary on why – while Egypt and Ethiopia were welcomed into the exclusive club of nations destined to dominate the world economy by 2050 – Nigeria was left out: Cyril Matemola Ramaphosa, the president of the Republic of South Africa and host of the 2023 BRICS summit, announced on Thursday […]
Read more »Courtesy of Bloomberg, a report on how traditional economic leaders in sub-Saharan Africa are now falling behind: Sub-Saharan Africa’s economic powerhouses are faltering. While South Africa has pulled back from the brink of an electricity crisis in recent weeks as the government scrambled to keep the state utility’s creaking plants running, energy shortages continue to […]
Read more »Via Modern Diplomacy, an article on the Developing-8 (D8) group of countries that comprise Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Türkiye. Cooperation is a fundamental resource for populous countries on the way to rapid economic and industrial development: for this reason, the case of D-8 is worthy of attention. Globalization unravelled enormous economic opportunities but also opened […]
Read more »Courtesy of The Africa Report, commentary from the UK development financier BII which is funding telecoms in Ethiopia and partnering with DP World in Senegal about infrastructure investment in Africa: “Our core themes remain centred on productivity, sustainability and inclusivity,” says Chris Chijiutomi, the Managing Director and Head of Africa for British International Investment (BII), […]
Read more »Courtesy of Semafor, a look at Africa’s electric motorcycle and EV sectors: THE SCOOP Startups providing electric motorcycles and batteries are setting up new plants, raising capital and competing for government partnerships in a bid to lead Africa’s drive into a $21 billion electric vehicle future. Spiro, a company with about 9,400 motorcycles in Benin, […]
Read more »Courtesy of The Diplomat, a report on China’s efforts to double down on its African energy investments even in the face of local opposition and violent conflict: As China, the United States, and other players jockey for position in present and future energy sectors, the African continent faces a pivotal moment in its oil and […]
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