Courtesy of Bloomberg, a report that Zambia plans to start trading its own copper: Country says trading the metal will boost pricing transparency Government could receive copper instead of mining royalties Zambia plans to directly buy and sell a portion of the copper produced in the southern African nation, competing with trading giants including Mercuria […]
Read more »Courtesy of The Financial Times, an article on KoBold Metals’ Zambian copper discovery, which comes as US steps up African metals push to rival China’s dominance: A mining start-up backed by Bill Gates and Jeff Bezos says it has discovered a vast copper deposit in Zambia, offering a potential boost to the west’s efforts to cut […]
Read more »Courtesy of Bloomberg, a report on Zambia’s planned new railway: Zambia plans to build a new rail connection to link a Lake Tanganyika harbor to an existing line that runs to neighboring Tanzania, boosting trade with three other nations that share borders with the world’s longest freshwater lake. The southern African nation’s Transport and Logistics […]
Read more »Via Bloomberg, an article on a US$145M power deal supply the biggest Congo, Zambia mines: Copperbelt Energy supplies among biggest Congo, Zambia mines Region is an increasingly important source of critical metals Affirma Capital closed a $145 million deal that gives it a direct stake in a key supplier of power to some of the […]
Read more »Via TechSafari, a look at Africa’s up and coming tech ecosystems in Ghana, Senegal, Morocco, and Zambia: It’s been a few wild years of funding in Africa, with ups and downs. But mostly ups. Last year, African startups raised about $5.4 billion – nearly a billion more than in 2021, and four times what they raised […]
Read more »Courtesy of The Africa Report, commentary on the long struggle faced by the West to loosen China’s grip on Africa’s critical minerals: China is in pole position to negotiate minerals access with African governments keen to add more value locally. China has built a long head start over the West in securing access to Africa’s […]
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