Libyan air force

Renault Group opts for Moroccan cobalt for its EV batteries

Renault Group will buy Moroccan cobalt from Managem starting from 2025 as it seeks to bolster battery production for its electric vehicles. A memorandum of understanding was signed between the two companies amid higher demand for low carbon cobalt from carmakers. Under this deal, Managem will supply 5000 tons of sulfate cobalt annually for a […]

Countries dependent on commodities hit 20-year high; Sub Saharan Africa hardest-affected region

The number of countries that depend on commodities has reached its highest level in 20 years, says a new UNCTAD report, noting that commodity dependence affects developing countries almost exclusively. According to the State of Commodity Dependence Report 2019 released last week, dependence on commodities affects 85% of least developed countries, 81% of landlocked developing […]

Cameroon: Nearly $6 billion needed to rebuild English-speaking regions

Cameroon needs more than $5.9 billion to rebuild the English-speaking regions devastated by a separatist conflict. The announcement was made by Jacques Fame Ndongo, the country’s Minister of Higher Education. The International Crisis Group estimates that at least 3,000 people have been killed and 530,000 were displaced or forced to flee to neighboring Nigeria and […]