Courtesy of Rest of World, an article on Benin-based Spiro’s efforts to exchange old bikes for electric models across four African countries: In less than two years, Cotonou-headquartered EV company Spiro has put more than 10,000 e-bikes on roads across four African countries. But experts believe the company is incurring huge costs that will make […]
Read more »Via Reuters, a report on plans by Chinese companies to invest up to $7 billion in Democratic Republic of Congo mining infrastructure: Chinese construction companies will invest up to $7 billion in infrastructure projects as part of an agreement over their Sicomines copper and cobalt joint venture in the Democratic Republic of Congo, they said […]
Read more »Courtesy of The Africa Report, a look at Saudi Arabia’s ambitious economic foray into Africa as part of its drive to become a global power that is less reliant on energy: The monarchy hosted a Saudi-Arab-African economic conference in Riyadh in November, where it committed more than $500m into projects and investments in Africa through […]
Read more »Courtesy of the Financial Times, a report on an innovative new bond to combat waste, with repayments partially determined by sale of plastic and carbon offset credits: The World Bank and Citi have launched a $100mn bond to combat waste, with repayments partly determined by the sale of plastic and carbon offset credits. The bond, […]
Read more »Via Geopolitical Futures, commentary on Ethiopia’s sea access deal with Somaliland: Ethiopian Prime Minister Abiy Ahmed’s announcement on Jan. 1 of a memorandum of understanding with Somaliland marked a pivotal moment in his country’s long search for unrestricted access to the sea. The agreement would grant Ethiopia access to 20 kilometers (12 miles) of coastline, […]
Read more »Via Energy Daily, an article on a new lithium deal signed between Rwanada and Rio Tinto: Rwanda has signed an agreement with Australian mining giant Rio Tinto for the exploration and mining of lithium in the East African nation, the two parties said Monday. Lithium is a key component in the manufacture of batteries used […]
Read more »