Ethiopia Courts BRICS for Rail Projects to Spur Economic Growth Reply

Ethiopia is courting investment from the BRICS countries to build its rail networks

Ethiopia is courting investment from the BRICS countries to build its rail networks

Reposted from Bloomberg
By William Davison

Ethiopia is negotiating with Brazil, Russia and India to finance and build rail links after agreeing terms last year with Chinese and Turkish companies for other routes, the head of the state rail company said.

Russia’s government may fund a 587-kilometer (365-mile) southern line that will eventually connect with a proposed port at Lamu on Kenya’s northeastern coast, Ethiopian Railways Corp. General Manager Getachew Betru said in an April 26 interview. Brazilian companies could build a 439-kilometer section of a route to oil-rich South Sudan and India is considering export financing for a line to a port in Djibouti, he said. More…

Investing in (and from) the BRICS 1

The economic strength of the 'BRICS' has altered the map of global investment

The economic strength of the ‘BRICS’ has altered the map of global investment

Reposted from Council on Foreign Relations
By Gayle Tzemach Lemmon

In a recent interview, Goldman Sachs’ Jim O’Neill, whose pen gave birth to the concept of the BRICs—the constellation of emerging economic powers Brazil, Russia, India, and China (and now including South Africa)—said the countries’ combined growth had “exceeded all expectations.” Noted O’Neill, “in slightly over a decade the group’s GDP has grown from approximately $3 billion to $13 billion. The BRIC countries have the potential to avert a global recession and to grow faster than the rest of the world and to pull all of us along with them as a (growth) engine.” More…

Vale Eyes $7B in Planned Africa Investments Reply

Vale, the Brazilian mining giant, is planning to spend $7 billion on projects in Africa

Vale, the Brazilian mining giant, is planning to spend $7 billion on projects in Africa

Reposted from WSJ Market Watch
By Alex MacDonald

Brazilian miner Vale SA plans to invest $7 billion in seven African nations in the coming years with a focus on coal in Mozambique, iron ore and bauxite in Guinea and copper in Zambia, the Democratic Republic of Congo and Angola, said the company’s global head of corporate affairs Wednesday. More…

First foreign investment in Cuban sugar industry Reply

Reposted from Cuba Si

Foreign investment reached the Cuban sugar industry in the hands of Brazilian giant Odebrecht, whose subsidiary Companhia de Obras e Infraestrutura (COI) (IOC) signed a management contract of the 5 de Septiembre sugar mill, located in Rodas, in the central province of Cienfuegos.

For 13 years, IOC will make investments to recover sugar cane production of the agro-industrial complex built in the19 80s and whose capacity was 90,000 metric tons (MT) per season, while in the latest harvest that figure dropped to less than third of it. More…

Brazilian Companies Eye More African Investment Reply

Brazil in Africa

Brazilian firms are increasingly expanding into Africa

Reposted from Ventures Africa
By Oluwabusayo Sotunde

The race to clinch African investment is not for China alone, as more Brazilian companies are moving into Africa to cement economic ties with the continent’s emerging markets. More…

Really not a good time to be buying anything! Reply

Reposted from Arabian Money

Arabia Money discuss their take-aways from the Agora Financial Symposium in Vancouver last month, and the next best place to invest. Read the full article here:

Arabian Money August2012 – “Really not a good time to be buying anything”

The Decade of the CIVETS? Reply

Reposted by Emerging Markets Outlook

The global bank HSBC, in its Business Without Borders newsletter, tells us that while the past decade was all about the BRIC countries – Brazil, Russia, India, China – we are now in the decade of what it has dubbed the CIVETS, which stands for Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa, a set of countries “whose rising middle class, young populations and rapid growth rates make the BRICs look dull in comparison.” More…

The case for frontier markets Reply

Conrad de Aenlle


Reposted from Marketwatch.com
By Conrad de Aenlle

Commentary: Invest in the middle of nowhere to get somewhere

LONG BEACH, Calif. (MarketWatch) —There’s investing for the long term, and then there’s investing as though you won’t need to cash out until the day after forever. A recent report by Citigroup offers ideas for anyone who has a time horizon that’s not quite so long but is nevertheless in no hurry to reap gains. And yes, there are funds for that.

David Marcus, manager of Evermore Global Value Fund, is heavily invested in Spain, Italy and the U.K., but many of the companies in his portfolio conduct business outside of Europe. He talks with MarketWatch’s Jonathan Burton. More…

No Need to Fear the Frontier Funds Reply

South East Asia


Reposted from Fox Business
by Seana Smith

Emerging markets are attracting investors’ attention as rapid growth offers new investment opportunities.

Investors looking for exposure to Brazil, Russia, India and China have flocked to ETFs like the iShares MSCI BRIC Index (BKF: 38.78, -0.00, -0.01%). The four countries make up more than two-fifths of the world’s population and are expected to be major players in the future of the global economy. More…

Frontier Markets: An Opportunity Here And Now Reply

Lagos, Nigeria

Lagos, Nigeria

Reposted from Seeking Alpha
By Robert Hallberg

Most of the growth in recent years has come from emerging economies such as China, Brazil, and India, among others. But these economies have been saturated with investors by now and they no longer have bargain deals that once made them so attractive. More…