Thursday, December 11, 2008
Obama should take up cricket. This, according to the FT's Michael Fullilove, whose opinion piece makes for a fantastic read on how cricket explains foreign policy. If only us Americans had known this sooner.
Last week, Botswana’s energy utility, Botswana Power Corporation, signed a contract with Chinese firms for the development of a 600 megawatts (MW) power station. The contract was concluded with China's construction consortium, China National Electric Equipment Corporation and Shenyang Blower Works Electro-Mechanics Import and Export Co. Ltd (the CNEEC-SBW Consortium), to build the Morupule B power station. With this investment, Botswana aims to expand its generating capacity and eventually reduce dependency on energy imports.From, Doing Business Blog
Paul Collier has an interesting comment piece in today's Guardian. In it, he argues that the culture of high-powered incentives that led to the U.S. financial crisis is likewise behind Africa's governance crisis: