Zimbabwe could become world’s No. 5 lithium producer, buoyed by $1bn Chinese investment

After spending more than US$1 billion to acquire mining sites in Zimbabwe over the past two years, massive Chinese investment could help catapult Zimbabwe to become the world’s fifth biggest primary producer of the material that’s vital to battery electric vehicles and the green revolution, mining consultancy CRU said. The investments by Chinese companies, including […]

Morocco rejects condescendence in dealing with Sahel

Morocco rejected the foreign interferences in the domestic affairs of Sahel countries, which do not need a tutor in managing their internal issues. The remark was made by foreign minister Nasser Bourita following talks in Rabat with his Burkinabe peer Karamoko Jean-Marie Traoré. Bourita denounced « meddling by some European countries as well as a […]

Africa Energy Bank set up to reduce dependence on foreign funding for oil & gas projects

The African Petroleum Producers’ Organization (APPO) is putting the finishing touches to establish the Africa Energy Bank (AEB) that will offer alternative funding source for oil and gas projects on the continent after international financing institutions have started scaling back their funding, citing stringent conditions and environmental concerns. Speaking at a recent Nigeria International Energy […]