The Democratic republic of Congo’s authorities will relocate some 10,000 families from a south-eastern town rich in cobalt estimated to be worth billions of dollars, local media reported. The mineral-rich nation produces 60% of the world’s supply of cobalt. The mineral is used to produce lithium-ion batteries used to power electric cars, laptops and smartphones. […]
The Biden administration has intensified lately political and military consultation with the Algerian regime in a bid to de-escalate tension with neighboring Morocco, Washington’s strategic ally and partner. However, several experts wonder whether the U.S. overture to Algeria will hold given the impulsive diplomacy of a country controlled by an oppressive and corrupt junta swaying […]
Moroccan investment fund, Outlierz Ventures, has made eight investments in Africa since its launch in 2017. The operations mainly benefited four dynamic African markets in terms of fundraising, including Kenya, Nigeria, Egypt and Morocco. The company, dedicated to technology, invests between MAD 500,000 and 5 million in companies with high growth potential. It targets […]
