Courtesy of Bloomberg, a report that the 1.5 million people in the capital of Juba grapple with a lack of power, running water, salaries and medicine as the nation’s key source of cash dries up: Around the Nyakuron Market in downtown Juba, the stench of rotting trash hangs heavily in the air. Traffic congestion limits […]
Read more »Via Bloomberg, an article on Ethiopia’s plans for the nation’s first IPO: Ethiopia is seeking to raise 30 billion birr ($255 million) selling shares in a state-run wireless company, making it the nation’s first initial public offering, and paving the way to start a stock exchange. Ethiopia Investment Holdings, which controls 27 state-run companies, will […]
Read more »Courtesy of the New York Times, a report on Cuba’s power shortage: Cuba’s power grid failed and the entire nation plunged into darkness Friday, less than a day after the government stressed the need to paralyze the economy to save electricity in the face of major gasoline shortages and large-scale, regular outages. The electricity went […]
Read more »Via Nikkei Asia, a report on how a new Chinese funded high-speed railways is fueling investment in the ‘king of fruits’ amid worries over forest loss: Chinese businessman Tao Jian spends an entire day navigating muddy roads on the Bolaven Plateau in southern Laos, inspecting his budding durian empire of 50,000 trees. The area is nicknamed […]
Read more »Via RFI, a report on Senegal’s 25-year development plan, which pledges to build the foundation for economic sovereignty by focusing on competitiveness, sustainable resource management, and good governance: Titled “Senegal 2050”, the plan’s objective is to increase per capita income by 50 percent in five years and to extend life expectancy by three years, while reducing […]
Read more »Via Modern Diplomacy, an article on the trend of African States shrugging off relations with the Western and European world, alternatively settling for better beneficial economic cooperation: Geopolitical changes and the reconfiguration of economic architecture towards the Global South, under the rapidly-growing influence of BRICS+ (Brazil, Russia, India, China and South Africa) on the global […]
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