Via Modern Diplomacy, an article on how the BRICS are now a new bridge to a New World: Measuring BRICS in single decades, in 2001, BRIC started as an acronym for Brazil, Russia, India, and China; Goldman Sachs economist Jim O’Neill claimed that by 2050 the four BRIC economies would come to dominate the global […]
Read more »Courtesy of The Africa Report, strong insight into Southern Africa’s energy poverty: To observers, it’s incomprehensible that countries with active perennial waterways – via Zambezi River – teeter on the verge of energy poverty. Electricity generation is meant to be a feat of simple engineering, though requiring substantial investment. Moreover, for countries that have eternally […]
Read more »Via Tech Safari, a look at Naspers, Africa’s most valuable company: This African company has a $90 billion dollar market cap. It’s not a mining company, or a bank. It’s Naspers – an internet and technology company from South Africa. But when Naspers started in 1915, it was a traditional media company. Today, Naspers’ wealth […]
Read more »Courtesy of The Economist, a look at how African state-owned firms can actually make Africa poorer: The roads in the north of Kwa-Zulu Natal (kzn), South Africa’s second-most-populated province, were once sedate. Lorries carrying timber or sugar cane from nearby plantations would trundle past, overtaken occasionally by tourists heading to game reserves. But these days hundreds […]
Read more »Via The Moscow Times, commentary on Russian Foreign Minister Sergei Lavrov’s recent visit to South Africa, Eswatini, and Angola: The focus of Russian Foreign Minister Sergei Lavrov’s visit to South Africa, Eswatini, and Angola this week has been the portrayal of Russia as a partner for the continent’s development and security, especially in the energy sector. The tour also had an overtly […]
Read more »Via The Africa Report, an article on news that South Africa and Saudi Arabia have struck $15bn worth of agreements: Saudi Arabia and South Africa have signed deals worth about $15bn during a state visit by President Cyril Ramaphosa. Details about the agreements between the two countries, which included Memorandums of Understanding, have remained under wraps. […]
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