Violent protest could spell the end of Ethiopia’s impressive upward economic trend.
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Turkey and Russia sign $12.7bn TurkStream deal
The two countries’ pragmatic leaders have put aside their differences to conclude Russia’s biggest ever greenfield investment into Turkey.
BAT looks to take full control of Reynolds American
British American Tobacco is looking to acquire Reynolds American in a deal worth $47bn, which would be one of the largest to come out of the UK in the post-Brexit environment.
High hopes for a digital boost to Asia
Asia’s growing digital economy could be a global answer to falling trade figures, business leaders told a roundtable in London.
Odessa leads Ukraine’s tourism comeback
The Black Sea resort of Odessa has been an unexpected beneficiary of Russia’s manoeuvres in the region.
Nepal FDI commitments down after tough year
After suffering first a devastating earthquake, then a trade blockade with major investor India, Nepal has seen its FDI plummet in the past year. Ongoing political instability has not helped.
Professor casts doubts on benefits of FDI for developing countries
A US professor has questioned whether FDI is always a benefit to developing countries given that companies can use sophisticated techniques to remove their profits or avoid tax. Philippa Maister reports.
India woos China for ‘mutual benefit’
India names its fast-growing mobile phone market and low labour costs as two good reasons for Chinese companies to move to India, although China fears such migration could lead to job losses at home.
Zambia and Zimbabwe appoint AfDB for hydro power project
Zambia and Zimbabwe kick off joint Batoka Gorge project by naming the African Development Bank as lead adviser.
Liquid Telecom CEO talks up Africa expansion
Liquid Telecom CEO Nic Rudnik has declared his ambition to connect Africa to a fibre network.
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