Courtesy of The Africa Report, a look at how Togo and Cote d’Ivoire are benefiting as Ghana’s high port fees deter shippers: A 20% drop in container traffic at Ghanaian ports suggests Togo and Cote d’Ivoire are seen as more attractive. Recent data from Ghana’s port authority shows a notable decline in port traffic, with […]
Read more »Courtesy of Semafor, a look at Africa’s electric motorcycle and EV sectors: THE SCOOP Startups providing electric motorcycles and batteries are setting up new plants, raising capital and competing for government partnerships in a bid to lead Africa’s drive into a $21 billion electric vehicle future. Spiro, a company with about 9,400 motorcycles in Benin, […]
Read more »Via Bloomberg, an article on how one copper-cobalt project in the DRC has been forced to find new funding: Trading house is seeking new funds for flagship Chemaf project Cobalt prices have slumped and project has overshot its budget Trafigura Group has been forced to seek new funding for one of its flagship investments — a […]
Read more »Via Nikkei Asia, a report that Zambia, DR Congo, and Namibia are in advanced negotiations with the Japanese government to expand exploration and develop supply chains for rare minerals, including cobalt, copper, zinc, nickel, and lithium available in the three countries. Japan is moving to counter Chinese influence in the continent’s mining industry and diversify […]
Read more »Courtesy of The Financial Times, a report on how the economic influence of Mexico’s armed forces has grown dramatically under Andrés Manuel López Obrador: Passengers arriving at Latin America’s busiest airport now encounter uniformed marines, who direct them to immigration queues, supervise customs checks and patrol the terminal. This is the most visible element of […]
Read more »Courtesy of NikkeiAsia, a report on how Indonesia’s new capital aims to be ‘economic growth center’ for the nation: More than two hours by air from Jakarta, and another two-hour drive from Balikpapan airport, a new city is appearing the middle of Borneo Island’s vast rainforest. Next August, Indonesian President Joko Widodo will shift some government […]
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