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Egypt: Moody report lowers Cairo’s Suez Canal spirit
The Egyptian government’s expectations pinned on the Suez Canal have been dampened by a report from credit ratings provider Moody which claimed that earnings to be generated from the canal after the opening of the second waterway last week will come “at a much slower pace.” The construction of the second 32km-long Suez Canal and […]
Russia courts Niger with nuclear power bid, challenging France’s uranium legacy
Russia has offered to build a nuclear power plant in Niger, signaling a bold move to displace France’s decades-long dominance in the uranium-rich West African nation. The proposal, announced in July, comes amid escalating tensions between Niger’s military government and Paris, and as Niamey seeks greater control over its natural resources. Despite producing 4% of […]
DR Congo to relocate 10,000 families from cobalt-rich region
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. […]



