US delegation meeting with Khalifa Haftar

U.S. miner, backed by Bezos and Gates, secures high-stakes deal for DRC’s largest lithium deposit

In a major development for U.S. mineral strategy in Africa, KoBold Metals, a California-based company backed by billionaires Jeff Bezos and Bill Gates, has signed a landmark agreement with the Democratic Republic of Congo (DRC) to explore and develop the Manono lithium project — one of the world’s richest untapped lithium deposits. The deal, witnessed […]

Rwanda’s Kagame set to extend his 24-year-long presidency in Monday election

As Rwandans go to the polls on Monday July 15 to elect a President, the incumbent Paul Kagame is expected to win a fourth term in office, as he is running virtually unopposed after three decades in power in the eastern African nation. The 66-year-old Kagame led the rebel movement that ended 1994 genocide in […]

Egypt unveils $40.7m fund to invest in cutting carbon emissions projects

The Egyptian government launched a fund for investment in projects issuing carbon certificates with an authorized capital of EGP 1 billion ($40.7 million). The fund, dubbed EgyCOP, will finance Egyptian companies’ projects that reduce carbon emissions through the issuance of globally-accredited certificates from Switzerland’s The Gold Standards Foundation, the Arab country said in a statement. […]