Via South China Morning Post, a look at how China and Angola are redefining economic ties for a post-oil, post-loans era: Following decades of the ‘Angola model’ – oil-backed loans to access Chinese funding for infrastructure – Beijing vows to help modernise Angola ‘We addressed the problem of Angola’s debt to China … but also […]
Read more »Courtesy of The Wire China, a look at how – with a new multi-billion dollar aid package agreed – the U.S. is trying to keep up with China in a strategically important region: The small island countries that dot the vast Pacific Ocean are sparsely populated and hard to pinpoint on a map. Yet in […]
Read more »Via Oil Price.com, a report on Armenia’s plans to build a dry port to become a transit and trade hub, reducing reliance on Russia: Armenia aims to build a dry port to become a transit and trade hub, reducing reliance on Russia. The project faces challenges including securing large foreign investment and navigating a complex […]
Read more »Courtesy of Semafor, commentary on Saudi Arabia’s ambitious plans to dominate mining: Saudi Arabia sees vast riches beyond oil within its reach. The kingdom’s broad-ranging ambition, a top mining official told Semafor, is to extract the more than $2.5 trillion in metals in its soil, invest in minerals extraction around the world, and capture as much […]
Read more »Via Bloomberg, a report on Iraq and Turkey’s efforts to convince Gulf states to help finance a $17 billion trade route stretching from Iraq’s Faw Port in its southern Basra province to Turkey, and then on to Europe: Ankara, Baghdad want to build a new trade route to Europe Deal comes as neighbors try to […]
Read more »Courtesy of Nikkei Asia, an article on Vietnam’s VinFast, one of the few international EV businesses to target Africa, which recently announced plans for Ghana within weeks of making deals in five other countries, from Oman to Indonesia: VinFast has enlisted a company in Ghana to distribute its electric vehicles, offering the Vietnamese manufacturer a […]
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