Yahoo! news: ABUJA (AFP) – Nigeria on Monday signed a deal worth almost a billion dollars with a state-owned Chinese engineering firm to resuscitate part of its dilapidated railway system, the transport minister said. The 875-million-dollar (588-million-euro) contract was signed by Transport Minister Ibrahim Isa Bio and the managing director of the China Civil Engineering… Read More »
From New York Times: Exporting waste illegally to poor countries has become a vast and growing international business, as companies try to minimize the costs of new environmental laws, like those here, that tax waste or require that it be recycled or otherwise disposed of in an environmentally responsible way. Rotterdam, the busiest port in Europe,… Read More »
Abstract The report provides a comparative study of the impact of Asian companies on the two leading oil producing countries in sub-Saharan Africa, Nigeria and Angola. The report shows that Asian companies that gained a foothold in the Nigerian oil sector in return for their commitments to invest in downstream and infrastructure projects failed to… Read More »
Much has been made by the IMF of emerging markets (.pdf) in Africa. Dani Rodrik looks at what happens in the current period where rich countries, especially the US, are in a ‘slowdown’, and there is much anti-globalisation sentiments among Americans. Add to this a not-so-hospitable disposition towards exports from developing countries (actually, China is… Read More »
Remember this? I just read here: China plans to increase tax rebates on textile exports in a bid to support the textile industry, the Beijing Morning Post reported, citing sources. In May, China’s clothing exports grew 1.1 pct from a year earlier, the slowest rise so far this year, the report said. Export tax rebates… Read More »
If there was ever any humanitarian reason to overrun a country, the Burmese ruling elite have certainly provided it. How else does one deal with a government that has allowed only a trickle of aid into a disaster-struck area? There are even reports that say that the government might not even know the scale of… Read More »
I need help to think about what could make African countries attractive for production. China and India have the shere size of their populations, and China in particular has notoriously cheap labour… what does Africa have?