Via Bloomberg, an article on discussions between Zimbabwe and China for a $533 million revamp of its state railway company NRZ and China Rail sign MoU on scope of work needed for revamp Study to assess state railway needs, finance minister says Zimbabwe is in talks with China Railway Group Ltd. to help modernize the state-owned National Railways […]
Read more »Via Bloomberg, an article on the UAE’s exchanges approach $1 trillion in value as Abu Dhabi’s index almost triples since April 2020. The United Arab Emirates’ rulers will soon achieve a distinction they’ve long coveted. Their once sleepy stock exchanges will be home to companies valued at $1 trillion. This outsize success—the markets already ranked No. […]
Read more »Via Nikkei Asia, a report on Pakistan’s plans to sell its national airline: Passengers landing at Jinnah International Airport in Karachi are greeted by a grim sight on arrival: the graveyard of out-of-service planes that once flew the skies for debt-strapped national carrier Pakistan International Airlines (PIA). “I do my best to avoid taking a […]
Read more »Courtesy of The Africa Report, a look at Rwanda’s economic potential: Sustained growth, massive investment, significant improvements in living standards… The Rwandan model commands respect. But the burden of debt and the preeminence of the public sector over the private sector could threaten its long-term viability. Thirty years ago, the Tutsi genocide destroyed Rwanda. Beyond the […]
Read more »Via Eurasia Review, commentary on the Horn of Africa: It is quite clear that there is an intense almost cut-throat competition for the Horn of Africa States region lately, involving major, middle and even regional powers. This is no longer ideological as was in the past between capitalism and communism but economic and access to […]
Read more »Via Heritage Foundation, commentary on how the need to develop supply chain security is attracting U.S. firms to Africa: KEY TAKEAWAYS Beginning in August, China will levy export controls on two critical minerals: gallium and geranium. These metals are essential to semiconductor technology. Today, Nigeria, Ghana, and South Africa are reliable investment destinations, plus Morocco […]
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