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Impressively, 6 of the 10 fastest growing economies in the world are in sub-saharan Africa. Many of these countries are also planning some large development projects, such as the Great Inga Dam in the Republic of Congo, the Kigali railway project, Konza City in Kenya, the Ethio-Djibouti railway, the Grand Ethiopian Renaissance Dam, the Jasper Power Project, and the Lagos Metro Blue Line.
Check out this infographic, exploring the rising of Africa over the past decade and the best prospects in the continent.
With its economy flat lining and being held up by oil and gas exports, Russia desperately needs to increase the scale of those exports. On the face of it the massive $400 billion deal Russia signed with China on 21 May, for a 30 year gas supply contract, looks just the ticket to deliver that increase over the long haul. However, the deal has a number of non-trivial obstacles to overcome, chief of which are disagreements between China and Russia over pricing and the difficulty Russia may find in funding the required pipeline. Read more
Stephen S. Roach,
Jeffrey D. Sachs,
Mohamed A. El-Erian,
Mario Blejer & Eduardo Levy Yeyati,
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