Via Middle East Eye, an article on Jordan’s potential as a nearshoring hub: A dusty 40-minute drive southeast of Amman brings you to a patch of desert where a sprawling complex of blue buildings sit. Inside, robots gyrate as they weld together steel frames and “fibre lasers” cut designs into sheet metal. “We must be […]
Read more »Via Bloomberg, a report on Nigeria’s $1.5 billion Lekki port built by China Harbor Engineering Co. which will be West Africa’s biggest port, cut waiting times offshore: Nigeria is betting a deep sea port set to open early next year will help revive an economy grappling with soaring inflation, stagnating growth and slumping foreign investment. […]
Read more »Via the Belt and Road blog, commentary on BRI 3.0: In the report of General Secretary Xi Jinping for the 20th National Congress of the Communist Party of China, Belt&Road was only mentioned in passing. Even in the speeches of other top politicians, the former flagship project, with which the government in Beijing has stirred […]
Read more »Via Bloomberg, an article on how European and Latin America funds are taking a flyer on Venezuelan debt: It’s one of the most outlandish bets in global credit markets: Buying up defaulted bonds sold by a country under sanctions that leave US investors locked out of the market. Yet, for traders willing to take on […]
Read more »Via Namibian.com, a look at Namibia’s energy potential: Namibia Investment Promotion and Development Board (NIPDB) chief executive officer Nangula Uaandja said Namibia’s ambition is to become the energy capital of Africa. Uaandja said this last week when she spoke at the Invest in Namibia Country Spotlight session organised by the mines ministry, NIPDB and Namcor […]
Read more »Via Bloomberg, a report on Saudi plans to invest in MENA countries: Saudi Arabia’s sovereign wealth fund plans to invest $24 billion in Middle Eastern and North African countries as the oil-rich kingdom seeks to bolster regional economies. The Public Investment Fund plans to set up companies to invest in Bahrain, Oman, Jordan, Iraq and Sudan, according to […]
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