Nigeria’s lithium boom raises hopes and sparks concerns
Nigeria is experiencing a lithium mining boom, driven by global demand for the metal used in electric vehicle batteries.
Nigeria’s lithium boom raises hopes and sparks concerns Read More »
Economy
Volkswagen’s African unit sets export record for Polo
Volkswagen’s African unit achieved a record 131,485 Polo exports in 2024, primarily to European and Asia-Pacific markets.
Volkswagen’s African unit sets export record for Polo Read More »
Morocco unemployment rate rises to 13.3% amid drought
Morocco’s unemployment rate rose to 13.3% in 2024, primarily due to job losses in the agricultural sector caused by a severe drought.
Morocco unemployment rate rises to 13.3% amid drought Read More »
Turkish exports to Africa rise by $19.4B in 2024 with strong gains
Turkish exports to Africa reached $19.4 billion in 2024, a 1.7% year-on-year increase, with Egypt being the top recipient and chemicals and chemical products leading the export sectors.
Turkish exports to Africa rise by $19.4B in 2024 with strong gains Read More »
Africa seeks energy solutions at Dar es Salaam summit
African leaders at the Tanzania summit aim to address energy deficits and secure investments to provide electricity for 300 million people by 2030.
Africa seeks energy solutions at Dar es Salaam summit Read More »
New gas power plant planned for northern Morocco
Morocco’s water and electricity utility, ONEE, plans to build a 990-megawatt gas-fired power plant in the north of the country at a cost of $420 million.
New gas power plant planned for northern Morocco Read More »
Ivory Coast faces dire cocoa mid-crop outlook
Ivory Coast expects its worst cocoa mid-crop in 15 years due to severe drought and heat, threatening the global chocolate industry with higher prices.
Ivory Coast faces dire cocoa mid-crop outlook Read More »
Nigeria hikes mobile tariffs as inflation hits record high
Nigeria has increased mobile tariffs by 50 percent, citing operational costs, as inflation hits a 30-year high.
Nigeria hikes mobile tariffs as inflation hits record high Read More »
DR Congo launches world’s largest tropical forest reserve
The Democratic Republic of Congo has launched the world’s largest tropical forest reserve, the Kivu-Kinshasa Green Corridor, spanning over 500,000 square kilometers.
DR Congo launches world’s largest tropical forest reserve Read More »
Key mines drive surge in Zambia’s copper output
Zambia’s copper output increased by 12% in 2024, reaching roughly 820,670 metric tons, driven by a recovery in production at key mines such as Lumwana and Konkola Copper Mines.
Key mines drive surge in Zambia’s copper output Read More »