UAE's Role in Gold Smuggling from Africa Could Jeopardize Its Investment Ambitions on the Continent
A 2024 Swissaid report reveals that between 321 and 474 metric tons of gold are smuggled from Africa annually through artisanal mining, repr
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May 30
USAID Administrator Announces New Investments Along the Lobito Corridor
USAID Administrator Samantha Power and Deputy Secretary Richard Verma visited Luanda, Angola, on April 23-25, 2024. They focused on enhancin
May 24
UAE Sets the Pace for Gulf Investments in Africa’s Mining Sector
The United Arab Emirates (UAE) has emerged as a major player in Africa's critical minerals sector, driven by the global shift towards clean
May 23
Power Delivery Issues Eclipse Vietnam's Anti-Corruption Efforts
Vietnam's power delivery concerns have been a significant issue since 2020, when electricity demand began outpacing generation capacity. In
May 23
Navigating the Platinum Market: The Role of South Africa's 2024 Elections
South Africa's upcoming general election could significantly impact the global platinum market, with potential implications for the country'
May 22
Vietnamese Steel Producers Echo Thailand's Concerns over Steel Dumping from China in the Region
Vietnam and Thailand are taking a regional approach to address the surge in Chinese steel imports, known as steel dumping. Vietnam's April 2
May 18
Thailand Targets Chinese Steel Dumping Representing 70% of Domestic Consumption
Thailand's Ministry of Commerce is contemplating broadening current anti-dumping measures against Chinese hot-rolled coil steel, which makes
May 17
China's BYD Postpones Chile Lithium Ambitions as U.S.'s Albemarle Gets 240,000 Metric Tons Lithium Quota Boost
Chile's CORFO has agreed to increase Albemarle's lithium production quota by 240,000 metric tons of lithium metal equivalent (LME), nearly 5
May 17
Record-Breaking 32 Million Pounds of Colombian Avocados Shipped to the U.S. in 2023
Colombia's avocado industry soared in 2023 with a 104% increase in U.S. shipments, totaling 32 million pounds. Projections for 2024 anticipa
May 15
Lobito Corridor's Road Network in Angola Set To Receive €381.5 Upgrade
The U.S.-Africa Business Summit in Dallas, Texas, announced a €381.5 million investment to upgrade Angola's road network, focusing on the Lo
May 12
African Copper Powerhouses Set to Meet Growing Global Copper Demand
The leading copper producers globally in 2023 were Chile, Peru, the DRC, China, and the United States, together accounting for 59% of worldw
May 11
Singapore Surpasses Thailand, Accumulates 236.60 Metric Tons of Gold Reserves in Q1 2024
In Q1 2024, Singapore surpassed Thailand as the Southeast Asian nation with the largest gold reserves, with a total of 236.60 metric tons. S
May 10
Rwanda Ready to Drop "Conflict Mineral" Accusations Against Apple
Rwanda has strongly denied accusations from the Democratic Republic of Congo (DRC) that Apple sources conflict minerals from a disputed area
May 10
Update: Shell's Partial Divestiture from South Africa and Sour BEE Partnership
In an update to earlier reports by Emerging Markets Business, Shell is not exiting its entire South African operation but only divesting its
May 9
Juan Valdez Poised to Control 25% of U.S. Colombian Coffee Market
Juan Valdez's footprint is about to grow in North America through a strategic partnership with GCC, aiming for $100 million in sales by 2030
May 9
Biden Must Hold Mexico Accountable For Steel Flood
This Washington Times article by Michael Stumo highlights the significant trade issues between Mexico and the United States, particularly in
May 6
Oyo State Seals $100 Million Gas Infrastructure Deal with Shell Amidst Strategic Exit from South Africa
The Oyo State Government and Shell Nigeria Gas have secured a $100 million investment deal to enhance Oyo State's energy infrastructure, con
May 6
Shell Planning Exit From South Africa Over Rocky Relationship with BEE Partner
Shell, a global energy giant, is reportedly planning to exit South Africa, a move that could put thousands of jobs at risk. The company has
May 6
South Africa Was Africa's Top Gold Producer in 2023
In 2023, global gold investment trends show that production reached over 3,000 tonnes, with Africa contributing 370 tonnes, or 11.67%. Despi
May 4
Africa Takes Aim at Avocado Market Expected to Reach $26 Billion by 2030
The global avocado market is expected to reach $26.04 billion by 2030, growing at a compound annual growth rate of 7.3%. Africa, already a m
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