EMerging Equity
Rwanda
A Chinese Company Is Building A Railway Through Nairobi’s National Wildlife Sanctuary
Originally posted on Quartz:
A Chinese-funded multi-billion dollar rail link between Kenya’s capital and the port city of Mombasa will cut through Nairobi’s national park for wildlife, according to officials. After months of back and forth, officials agreed late last week to allow 11km of track to pass through Nairobi National Park, a 117 square kilometer (45 square-mile)…
African Union Summit To Endorse Creation Of A $2 Trillion Free-Trade Zone
“African nations are taking steps toward creating a free-trade zone with a combined size of $2 trillion, as heads of state meet in Johannesburg (South Africa) this week,” Bloomberg reports. Talks on removing the barriers to trade and the movement of people between the continent’s 54 countries will begin on June 15 at the African … Continue reading
Africa To Launch A Cairo-To-Cape Town Free Trade Area That Is Bigger Than The European Union
“Africa’s three major regional economic committees (RECs) are set to finalise an agreement on forming the continent’s largest free trade area (FTA) during a tripartite summit taking place 7-10 June in Egypt’s Sharm El-Sheikh,” Ahram Online reports. “The tripartite grouping, which accounts for 51 percent of Africa’s $2.3 trillion GDP, will sign a deal Wednesday to … Continue reading
Building A Monetary Union In Africa
It’s like the European Union but for East Africa. By iMFdirect In this podcast by the IMF, find out how Uganda, Kenya, Tanzania, Rwanda and Burundi stand to benefit from the creation of the East African Community*. There will be a common currency as well as more trade and investment too. Will a union also expose them … Continue reading
Lead From Behind: How Unipolarity Is Adapting To Multipolarity – OpEd
The U.S. is constructing a global system of bilateral and multilateral alliances to assist it in more efficiently projecting power throughout the 21st century. As the world moves towards multipolarity, the U.S. is prepared to exploit this trend to its geopolitical advantage. . By Sputnik News, Andrew Korybko Instead of ‘going it alone’ as Bush was prone … Continue reading
Africa: Plummeting Commodity Prices Might Lead To A New Debt Crisis – OpEd
By Eric Toussaint Debt Euphoria In 2014, Rwanda and Ethiopia, two of the world’s poorest countries, sold public debt bonds on the financial markets of the most industrialized countries. While still unstable after civil wars and with debt payments suspended hardly three years ago, the Ivory Coast also managed to find private lenders willing to buy … Continue reading
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