The Caribbean. Host to 7,000 islands, 25 countries, infinite growth opportunities and an emerging capital market. As seen across the globe, the COVID-19 pandemic has caused major trade shifts, and this tourist-dependent region was left devastated by border closures, flight cancellations and the near-collapse of the cruise ship industry. The…
FDI
Battling for Influence
The rise of China as a trade powerhouse has had a profound impact on global commerce, with economic sectors in Latin America among the biggest beneficiaries. Between 2000 and 2020, China-LAC trade grew 26-fold from $12 billion to $315 billion. In recent years, China has gained ground against the US…
Istanbul Financial Center To Support Turkey’s Ambition To Become A Top 10 Global Economy
Research commissioned by Türkiye Wealth Fund forecasts that the annual value of Turkey’s financial services exports is to increase from US$2 billion to US$16 billion by 2036, with Turkey’s financial services exports expected to rise to 1.3% of GDP, up from 0.3% in 2019. The iFC, a new financial center…
Flanders Investment & Trade Announces Jump in UK Companies Investing in the Region
Flanders Investment & Trade (FIT), the official government body for the region, has announced an 183% jump in the number of UK investment projects in the first six months of 2021, compared to last year. Astrid Geeraerts, Head of Investment at Flanders Investment & Trade in the UK (based at…
NEPZA Partners NIPC To Boost Investment In Lagos, Kwara, Kano Economic Zones
The Nigerian Export Processing Zones Authority (NEPZA) has entered into a partnership with the Nigerian Investment Promotion Commission (NIPC) in a bid to boost investments in the newly approved Special Economic Zones in Lagos, Kwara and Katsina state. Speaking in Abuja, the Managing Director of NEPZA, Prof Adesoji Adesugba said…
Bahrain’s Cashless Payments Surge To $3.62bn In First Half Of 2021
The number of POS and Ecommerce transactions in Bahrain shot up by 65% in August, year-on-year, reaching a total value of nearly $744 million during the month, after topping $3.62 billion in the first half of 2021, the Central Bank of Bahrain (CBB) revealed today. According to new figures from…