A continental rating agency, deeper domestic markets and new payment rails are widening Africa's financing options — but the test is whether they can reduce a measurable cost-of-capital penalty
The six states make up the first group to receive support through the Country Support Mechanism on Critical Energy Transition Minerals, announced by UN Secretary-General António Guterres on September 23.
“Beneficiation of critical minerals” for African countries aside, the bigger battle is over more than processing, and in areas where Beijing still holds its strongest advantages.
Senegal wants to use oil and gas revenues to reduce power costs, expand electricity access and support domestic industry, while Zimbabwe seeks investment in generation and grid upgrades.
African governments are pushing miners to process more critical minerals locally, increasing state ownership and local-content rules while infrastructure and power constraints raise investment risks.
The shipment marks LOHUM’s move into upstream mining and gives the Indian critical minerals company direct exposure to Zimbabwe’s lithium resources as Harare pushes miners towards greater domestic processing.
The forecast follows Zimbabwe's first commercial export of lithium sulphate from the Arcadia Lithium Mine, marking the country's entry into a higher-value segment of the battery minerals supply chain.
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Most of the world’s fastest-growing megacities will soon be in Africa. Many cities across East Asia and Latin America have grown quickly over the last few decades.
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The amendments, strongly opposed by critics, abolish the direct election of the president, replacing it with a vote by members of parliament and senators
Zimbabwe has emerged as one of Africa's leading hard-rock lithium producers following substantial investment by Chinese mining groups
The World Bank warns that higher energy costs and weaker external demand stemming from the Middle East conflict are outweighing the benefits of structural reforms, stronger commodities prices
Illicit gold has become a critical source of financing for organised crime, armed groups and sanctioned regimes across Africa, a Global Initiative Against Transnational Organized Crime report finds.
Russia will hold its latest Russia-Africa summit in October, according to officials involved in preparations for the event, as Moscow seeks to expand political, military and economic influence across Africa.
A major transformation is underway in sub-Saharan Africa: Governments are increasingly shifting borrowing away from external debt and toward domestic debt. This trend brings fresh opportunities to build resilience and support development.
Most people in the world would think very little before flicking on the lights, charging a mobile phone or turning on a laptop to read this.
A7 is reportedly preparing to expand into Africa, including a planned launch in Togo, while already operating in Nigeria and announcing a presence in Zimbabwe.
The sharp rise in refined oil product prices is intensifying the economic fallout from the latest energy shock, compounding the effects of disrupted crude flows and tightening supply chains.
An escalation of the conflict between the US and Iran could trigger a sharp divergence across African currencies, with oil exporters benefiting from higher crude prices while energy-importing economies face mounting pressure on their exchange rates.
Previous to his assassination on Saturday, Ali Khamenei had ranked third among the world leaders with the longest grips on power, reports Statista.
Africa’s accelerating digital transformation is placing data centres at the heart of its future power strategy, as surging demand for cloud services and digital connectivity redefines the continent’s energy and infrastructure landscape.