Ivory Coast
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Bloomberg: Traders Snap Up Assets of Nation Where Default Is New Normal I’m not really sure what to make of this article. I wrote a several weeks ago about how I was nervous about hedge funds investing in countries like Mozambique. While the independent audit of the country’s finances seems to have given investors increased confidence…
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Coffee Prices Are Going to Drop 6% This Year, But My Americano Will Still Be $4 The World Bank put out its forecasts for global commodity prices last week, and it expects coffee, cocoa, and tea prices to fall 6%. Ivory Coast’s President Ouattara recently called on the country’s cocoa farmers to increase their output…
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Kenya Pushes Forward on Geothermal Plans It’s fantastic seeing Kenya continue to make progress on its Vision 2030 plan to be generating 5000MW of geothermal energy by 2030. I was rooting for these projects back in 2011, so I’m glad they’re not making me look bad. The groundbreaking for the 158MW Olkaria V geothermal site…
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Apologies for missing Tuesday’s post. I’m a bit jumbled on helpful content to post, but here’s some of what’s on my mind. Alassane Ouattara’s Second Term Alassane Ouattara stepped into his second and final term as President of Ivory Coast earlier this week. Five years ago, President Ouattara was barricaded in a hotel after Laurent…