ABC daily

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 […]

Morocco, WB team up to improve business competition

Morocco’s competition council and the World Bank’s International Finance Corporation agreed to cooperate to promote the competitiveness of the private sector. The partnership was sealed following an event themed “revitalizing the competition framework in an open Morocco,” held recently in Rabat. Under this agreement, the Moroccan council shall benefit from the technical expertise of IFC […]

West Africa’s ‘Brexit’: Mali stays with regional currency zone, Burkina Faso weighs exit

Mali has said it has no intentions of leaving West Africa’s currency zone, while Burkina Faso has hinted at its possible withdrawal after they, along with Niger, announced their departure from the region’s political bloc ECOWAS as a form of protest. In a blow to hard-fought regional integration, late January, the military governments of Burkina […]