Via Bloomberg, a report that Zimbabwe’s leader is seeking investment for a new national capital with luxury homes just down the road from an impoverished and overcrowded Harare: Zimbabwe’s political leaders have a remedy for the collapse of the capital Harare: Build a new “cybercity” with as much as $60 billion of other people’s money. The […]
Read more »Via The Washington Post, a report on US plans to begin discussions on regional economic cooperation with 11 Latin American nations: The Biden administration said Friday that it would begin negotiations with 11 mostly Latin American nations on an agreement designed to promote regional economic cooperation without offering greater access to the U.S. market for […]
Read more »Via Bloomberg, an article on Morgan Stanley’s bullish views on emerging markets: Stocks in emerging markets are set to be this decade’s winners, Morgan Stanley Investment Management said, adding to a chorus of investors who are souring on the US in favor of other regions. The fund manager is taking money out of US equities […]
Read more »Via Axios, an article on U.S. interest in Africa: Treasury Secretary Janet Yellen is kicking off her 10-day trip to Africa with a promise that America is committed to the continent through good times and bad. Why it matters: The Biden administration is trying to counter China’s entrenched influence and infrastructure in the region by offering African countries […]
Read more »Via World Economic Forum, an article on how emerging markets may hold the growth to many Western businesses’ growth in the face of a tough 2023: Despite a volatile cocktail of macroeconomic and political conditions, most businesses still have ambitious growth plans for 2023, according to research by HSBC. To make these ambitions a reality, […]
Read more »Via Project Syndicate, commentary on Africa’s potential to make significant progress toward a carbon-neutral economy which will require African countries to eliminate barriers to trade and innovation, address institutional decay, and build on recent diplomatic breakthroughs: The past year has been challenging for Africa. After a hopeful 2021, during which the continent-wide GDP increased by nearly 7% and […]
Read more »