Via Al Monitor, a report on China’s growing investment in Egypt: Egypt’s Suez Canal announced a deal on Thursday with a Chinese company to build a steel and iron factory. The agreement is one of a few Egyptian and Chinese entities have signed recently and demonstrates China’s growing footprint in Egypt. The Suez Canal Economic […]
Read more »Via Bloomberg, an article on Somalia’s Central Bank’s priorities: The Central Bank of Somalia’s top priority is to reestablish the nation’s currency, which will enable it to take full control of monetary policy, its governor said. Somalia hasn’t printed new banknotes since descending into a civil war after the government collapsed in 1991. Most of […]
Read more »Via New Eastern Outlook, an article on potential economic projects between Russia and Mongolia: Legally, ties between Russia and Mongolia currently stand at a level of Comprehensive and Strategic Partnership, which they did so following the signing of an indefinite treaty of friendship and comprehensive strategic partnership in 2019 by the leaders of the two […]
Read more »Via Wilson Center, a report on China’s focus on energy generation and transmission projects in Latin America: For a decade, China’s major electricity companies have been laser focused on energy generation and transmission in Latin America and the Caribbean, a trend accelerated by the departure of Western competitors, including Brazil-based Odebrecht and U.S. and European […]
Read more »Via Energy Voice, an article on how – at the same time that Savannah Energy was announcing the cancellation of its deal to buy the Petronas assets in Chad – it set out an even more ambitious plan with the Malaysian company: Savannah Energy is an independent with a plan for growth, but the plan […]
Read more »Via The Africa Report, a look at the top performing economies in Africa: The continent is experiencing an uneven economic recovery, with significant variations from one country to another, according to the latest edition of the World Bank’s “Africa’s Pulse” report. Inflationary pressures, threats of recession, and declining investment have contributed to a weak economic […]
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