Namibia will no longer export unprocessed mineral products, President Hage Geingob has told the recent EU-Namibia Business Forum held in Belgium, part of the African country’s bid to create more local jobs, more local value and to boost domestic industrialization efforts. Geingob’s statement came after, earlier this year, Namibia banned the export of unprocessed lithium […]
The Egyptian government has slammed New York-based Blomberg media and London-based The Economist for their critical reports on the Egyptian economy, which, they said, is doing poorly due to President al-Sisi’s incapacity to drive the country out of the difficult economic situation it has been facing since 2011. Blomberg’s editorialist on Tuesday put the economic […]
China has added three new areas for investment to its Belt and Road Initiative (BRI) focusing on the African continent where it has spent billions of dollars in infrastructure. The new areas are namely industrialization, increase in agriculture investment and talent development. President Xi Jinping launched the three-pronged plan during a China-Africa leaders’ roundtable meeting […]
