Uzbekistan under its new president, Shavkat Mirziyoyev, is a country gearing up for a bright future – in that the president wants to make sure there is enough power to keep all the lights on as both the economy and the population are growing fast.
Uzbekistan's privatisation programme has been in development for several years, and now the first wave of candidate companies have been prepared the number of auctions is snowballing.
The green agenda is dominating the debate today, but the importance of environmental issues is nothing new: 30 years ago it was a green revolution that brought the Soviet Union down.
Nothing says “transformation” like mobile phone ownership and in five years Uzbekistan has seen an explosion of smartphone sales and telecoms services as the state-owned national champion Uztelecom has invested heavily into its infrastructure.
Uzbek President Shavkat Mirziyoyev was roundly criticised in September after he won re-election with a landslide, standing unopposed. But rather than ignore democratic values, the president has turned to the ancient system of Mahalla instead.
The new proposal’s modest scope, and new diplomatic developments, could finally make the pipeline feasible.
The conscripts, generally Tajikistan’s poorest young men, are brutalised into service. And they are the country’s first line of defence.
More expensive electricity means global cryptominers are avoiding Georgia.
After last year's war, Armenia’s southernmost province of Syunik is now bordered by Azerbaijan on two sides. Local people fear they are next.
The country no longer has a choice, the president says.
Uzbekistan has a very long history of making luxury textiles and today the country is trying to revive them.
The Muruntau gold mine located in the Qizilqum (aka Kyzyl-Kum) desert in Uzbekistan is the world’s biggest open-cast gold mine. Discovered in 1958, some $3bn has been invested into modernisation, and the plan is to privatise it in the next years.
Qizilqumsement (QZSM) is of Soviet vintage and is the biggest cement maker in Central Asia. Its business is booming as demand is outstripping demand. A new production line is due online in December that should make the company even more profitable.
The Uzbek economy was one of only two major economies in the world that didn't go into recession in 2020. While the macroeconomic fundamentals are solid, the main headache remains inflation.
The small town of Nukus in the wastes of Uzbekistan’s Qizilqum (aka Kzyl-Kum) desert is the “Louvre of the Steppe.” The new building houses an Aladdin’s cave of lost Russian impressionist art, rescued from Stalin's terror of the 30s.
New EBRD Transition Report warns there is a widening gap between economies that have stepped up their use of online and digital services and those that have fallen further behind.
Until now, officials had been silent about ongoing power cuts, even calling them a thing of the past.
The UN’s COP26 climate conference in Glasgow has seen development banks from around the world come together to outline their contributions to a low-carbon future. Robust financial infrastructure is key to a just and efficient transition.
Since the Taliban took Kabul, Islamic State sympathisers across South Asia have increased attacks on the movement over its ties to China.
Nukus in Uzbekistan's far west used to be an ecological disaster zone, but the worst of its problems are fixed. The country's leading white goods manufacturer Artel has set up a flourishing hoover production facility in the desert town.