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Africa’s Chinese Trade Tie-Up

Global Finance

Angola now owes China approximately $20 billion, mostly on energy and transportation projects. Accordingly, China’s involvement in Africa goes beyond trade, encompassing a mix of economic investments, geopolitical strategies, and local challenges. Ethiopia’s debt to China stands at around $13.5

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How Cargomatic Leverages Geocoding To Meet Pandemic-Driven Supply Chain Challenges

PYMNTS

This shift resulted in a massive redeployment of transportation solutions, including last-mile infrastructure and the resources for ensuring its success. Production, distribution and transportation networks were not designed to accommodate such sudden shifts in demand across formerly predictable markets, Sharma said.

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Stakes Rising In The US-China AI Race

Global Finance

This sentiment is echoed by AI Now, a research institute, which asserts that “AI is now firmly positioned as a critical strategic technology for the geopolitical and economic ambitions of nation-states.” These advancements have thrust AI into the heart of national security and geopolitical discussions.

Economics 111
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Union Budget 2022-23: Govt maintains focus on sector

CFO News Room

With over 35% y-o-y increase in capex and a proposed infrastructure spend of over Rs 10 lakh crore in Budget 2022-23, the Union government has reinforced its commitment to using infrastructure as a force multiplier for sustained economic growth.

Budgeting 130
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Investors Cool on Internet-of-Things Startups, a Tech Conduit for Retailers

CFO News Room

Many stores, which came to rely on software-connected systems during the Covid-19 pandemic, are now leveraging these capabilities to eke out efficiencies that can help keep prices down amid stubbornly high inflation and rising interest rates, industry analysts said. Newsletter Sign-up. Kroger CIO Yael Cosset. Photo: The Kroger Company.

Startups 100
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Members’ Profile: Rowen Pillai

CFO Talks

Rowen’s career in finance and leadership has positioned him as an influential figure, serving in executive roles across various sectors, including transportation, investment, and industrial management. Lastly, resilience and adaptability are critical.

CFO 97
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Chinese corporates: Stable outlook for many but muted growth for some sectors

Future CFO

Improving demand from a low base in 2022 and continued debt control will underpin growing profit and steady leverage for most rated Chinese corporates, but some sectors will continue to have muted growth, the credit rating agency noted. And steady EBITDA will mitigate investment risks for chemical and construction companies, the firm added.