Via AP News, a report on a new Chinese-funded lithium processing plant in Zimbabwe: A Chinese mining company formally opened a $300 million lithium processing plant Wednesday in Zimbabwe, which has one of the world’s largest reserves of the metal as demand surges globally because of its use in electric car batteries. Zimbabwe has the […]
Read more »Courtesy of The Africa Report, a look at Cassava Technologies, a firm that many consider to be Africa’s first “big tech”: For 20 years, Strive Masiyiwa has been building a digital empire beyond the view of traditional American and Chinese giants. Now, the pioneer’s next mission is to monetise the billions of data points captured […]
Read more »Courtesy of The Africa Report, a look at how successful drilling for oil, gas and helium in northeast Zimbabwe shows that the country is open for business: The company said in May that light oil, gas condensate, and helium were confirmed at Mukuyu-1, which forms part of the 80% owned Cabora Bassa project in northeastern […]
Read more »Courtesy of The Africa Report, strong insight into Southern Africa’s energy poverty: To observers, it’s incomprehensible that countries with active perennial waterways – via Zambezi River – teeter on the verge of energy poverty. Electricity generation is meant to be a feat of simple engineering, though requiring substantial investment. Moreover, for countries that have eternally […]
Read more »Courtesy of The Africa Report, a look at China’s interest in Zimbabwe’s lithium: China and other eastern nations that enjoy cordial relations with Zimbabwe are rushing for lithium as the President Emmerson Mnangagwa-led government is hoping to make the most of the rising global demand for the white gold. As the global economy goes green, […]
Read more »Courtesy of Visual Capitalist, a very interesting graphical look at inflation forecasts for 2023 – with Venezuela, Argentina, and Zimbabwe showing the highest estimates: Mapped: 2023 Inflation Forecasts by Country This was originally posted on Advisor Channel. Sign up to the free mailing list to get beautiful visualizations on financial markets that help advisors and their clients. Inflation […]
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