In what could be very good news for countries like Namibia that rely on the export of commodities for a large portion of their income, the next phase of the economic recovery is likely to be driven by commodity-intensive infrastructure investment, analysts have told American financial channel CNBC, potentially setting the stage for further gains across the industrial space in the coming months. “We’ve already seen a metals-intensive response in China, highly metals-intensive,” the head of EMEA commodities research at investment banking company, Citi, told CNBC, pointing to three big catalysts” for commodity investors to track through to the end of the year: Coronavirus vaccine news; the strength of China’s economic recovery; and the scale of the US easing package.