Via Bloomberg, a report that Indian entrepreneurs and investors are actively investing in Africa. As the article notes: “…Indian billionaire Ravi Ruia flew to Africa every month for the past 18 months, buying coal mines in Mozambique, half an oil refinery in Kenya and a call center in South Africa for his Essar Group. This […]
Read more »Via Fast Company, a report on developments related to a rail link from Singapore to Southwest China. As the article notes: “…Plans for a pan-Asian railroad have been in the works for decades, but today marked the first step toward linking a massive railway line from Singapore to Southwest China and beyond. It’s called the […]
Read more »Courtesy of STRATFOR (subscription required), an interesting analysis of Turkmenistan’s new natural gas pipeline that will take natural gas supplies from deposits in the Karakum Desert and connect with the Central Asia-Center pipeline system for export to Russia. As the article notes, this small pipeline will add little capacity to its natural gas exports to […]
Read more »Via The New York Times, a news that Mongolia is on the verge of opening a new national stock exchange: “…The Mongol conqueror Genghis Khan may have been globalization’s most ardent early supporter. But Mongolia has taken its time embracing international capital markets. Now this “mortar economy” (the country is wedged between Russia and China, […]
Read more »Via TerraDaily, a report on additional Chinese investment in Cambodia. As the article notes: “A Chinese firm plans to pump three billion dollars into several Cambodian projects, an official said Thursday, the latest investment in the fledgling economy from its giant neighbour. The proposed investment by China Inner Mongolia Erdos Hongjun Investment Co. — a […]
Read more »Via The Financial Times, an interesting article on a recent purchase by Colombia’s Ecopetrol. As the reports notes: “…Ecopetrol has been rummaging around the sale bins for a few years now as part of an aggressive growth strategy aimed at ramping up oil production to 1m bpd by 2015. In 2009, Colombia’s majority state-owned oil […]
Read more »