Via The Wire, a look at China’s fintech footprint in Africa: Instead of visiting a bank, Nigerians who need to move money are now just as likely to visit a street market and speak to an agent working for OPay, a Chinese-backed fintech company. These agents form part of a vast network that has propelled […]
Read more »Via Bloomberg, a report on the Mexican government’s plans for Pemex: Mexico is studying options to absorb as much as $40 billion in Pemex debt, the equivalent of what will come due in the next presidential term, one of its top finance officials told investors in New York. The government is considering options that could […]
Read more »Via GeoPolitics in South Asia, a report on Chinese interest in Iraq’s petroleum assets: According to Reuters, Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for hydrocarbon exploration that was primarily aimed at ramping up gas production for domestic use. An Iraqi Kurdish company also […]
Read more »Via Dawn, an article on India’s 10-year contract with Iran on Monday to develop and operate the Iranian port of Chabahar, strengthening relations with a strategic Middle Eastern nation: India has been developing the port in Chabahar on Iran’s south-eastern coast along the Gulf of Oman as a way to transport goods to Iran, Afghanistan […]
Read more »Via Capital, Energy & Capital, a report on South Sudan’s gold sector: While remaining underexplored, South Sudan is considered to hold significant commercial quantities of mineral resources. A nascent gold mining sector in the country offers established producers the opportunity to partner with the government on frontier prospects and leverage their expertise to spearhead mineral exploration, extraction […]
Read more »Courtesy of The Washington Post, an article on Malaysia which – as reserves closer to shore run dry – is venturing farther into disputed waters of the South China Sea claimed and patrolled by China: In the open sea off the coast of Malaysian Borneo, industrial rigs extract massive amounts of oil and gas that […]
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