The World Bank’s new president, David Malpass, announced over the week plans to boost lending to African countries to help fight poverty. Malpass made the statement after touring Madagascar, Ethiopia and Mozambique on April 29-May 3. He met with these countries’ leaders and stakeholders and visited World Bank-funded projects. Africa is working at reducing poverty […]
The rise of electric vehicles and demand for metals used in battery manufacturing caused a decline in demand for South Africa’s platinum, a crucial component in combustion engines. In a detailed report, EVmagazine.com, explains the steep drop in platinum output in South Africa, the world’s leading producer. “Platinum, once commanding more than US$2,000 an ounce, […]
Algeria has summoned the French ambassador to Algiers to complain about an upcoming French-Moroccan military exercises east of the Kingdom, issuing a strong-worded statement that comes in a series of provocative moves against Paris amid a worsening bilateral crisis. Algeria’s foreign ministry said in a statement that the French ambassador heard Algiers complaints regarding the […]
