Courtesy of The Financial Times, a look at how China – which already dominates processing of lithium for use in electric vehicle batteries 0 is now investing heavily in mines, leaving western operators scrambling in Africa: The settlement of Uis in a remote part of Namibia seems an unlikely hotspot for a mineral cold war […]
Read more »Courtesy of Bloomberg, a look at Africa’s growing thirsty for champagne: Veuve Clicquot, the Champagne maker that’s part of luxury-goods powerhouse LVMH, is exploring new markets in Africa as demand for premium products rises on the continent. The Champagne maker is considering expanding in East Africa or going west to Ghana as it looks to boost […]
Read more »Ghana is on course to tap into the multibillion-dollar global cannabis industry after its parliament approved a law enabling licenses to cultivate cannabis for industrial and medical purposes. As reported by Bloomberg, the move opens up opportunities for the cultivation of cannabis for fiber, seed or medical use in the West African country. Once enacted, […]
Read more »Courtesy of Inconcreto, a report on Africa’s lithium wealth: The African continent is gaining significant attention as a global hotspot for valuable mineral resources. As the global energy transition gains priority among countries worldwide, the demand for lithium is rising as it has become a critical component needed for battery material production in the rapidly […]
Read more »Courtesy of Foreign Policy, a look at how Ghana’s economic troubles long preceded the COVID-19 pandemic, thanks to its politicians’ penchant for overspending: Ghana’s economic descent has surprised many. The West African nation had long been held up as a model for economic growth and political stability. And while the incumbent government has blamed the […]
Read more »Via ADF Magazine, commentary on how the President of Ghana thinks this can be Africa’s century: Nana Addo Dankwa Akufo-Addo is president of Ghana and chairman of the Economic Community of West African States Authority of Heads of State and Government. He spoke in Accra, Ghana, on March 15, 2022, at an event organized by […]
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