Via The Economist, a look at Africa where several fast-growing economies show that not everyone is having a lost decade: To walk around Luanda, Angola’s capital, is to tour a graveyard of another era. Half-finished or empty skyscrapers loom over the sun-kissed corniche. Some of the bars along the beach are gaudy monuments to when the […]
Read more »Via Tanzania Daily News, a look at why Tanzania is a promising investment destination in East Africa: TANZANIA is increasingly emerging as a top choice for investors worldwide, reflecting the sixth phase government’s achievements in enhancing the business environment. The country stands out as a beacon for investors seeking stability and growth in East Africa, […]
Read more »Via The Africa Report, a look at the growing competition between China and US for control to transport African critical minerals: What’s really behind China’s $1bn renovation of the Tazara railway? On 4 September – on the sidelines of the Forum on China-Africa Cooperation in Beijing – Tanzania, Zambia and China signed an agreement to modernise the bi-national […]
Read more »Via Bloomberg, an article on China’s agreement to revamp a railway linking Zambia with Tanzania: Line links copper-rich Zambia with Tanzania’s main ocean port China’s move follows US support for rail link going to Angola China signed an agreement Wednesday to revamp a railway that will help landlocked Zambia, Africa’s second-largest copper producer, export the […]
Read more »Via The East African, an article on U.S. interest in Tanzania’s mineral sector: The US is roping Tanzania into the mooted Lobito Corridor project to tap the Kabanga nickel deposit, but with a wider focus on rivalry with China in areas where development will take place. The details emerged this week as Washington spoke of […]
Read more »Courtesy of Bloomberg, another look at the critical mineral-enabled interest in African rail lines: Central African copperbelt forms heart of the logistics plans Years of neglect caused a $10 billion maintenance backlog Southern Africa’s railways are suddenly getting global attention and attracting billions of dollars in investment, with a race to secure copper supplies needed […]
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