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 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
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 23
South Africa's Power Issues Help Drive Microsoft's $1 Billion Data Center Investment in Kenya
Microsoft and G42 are investing $1 billion in Kenya's digital infrastructure, marking the largest private-sector digital investment in the c
May 23
Microsoft Bets $1 Billion on Kenya's Thriving Digital Economy
Microsoft and G42 announced a $1 billion investment in Kenya, marking the largest private-sector digital investment in the country's history
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 16
Coworking Works in Africa According to AfricaWorks Founder
AfricaWorks, a leading coworking space provider, operates in eight African cities and is set to launch in Johannesburg, further contributing
May 13
Hyosung's $2 Billion Vietnam Investment Plan to Include a Data Center
Hyosung Corporation plans to invest $2 billion in Vietnam, including a data center in Ho Chi Minh City, expanding its presence in...
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 10
SMIC's Profits Tumble 68.9% in 2024 Marking a Rough Patch for China's Semiconductor Giant
SMIC, China's largest semiconductor manufacturer, faces intense competition and declining profits, with a significant 68.9% drop in net inco
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
Microsoft CEO Pledges Nearly $5 Billion for Southeast Asia Investment
Microsoft CEO Satya Nadella recently concluded a visit to Southeast Asia, committing billions to enhance the region's cloud and artificial i
May 8
Japan's NTT Set To Buy 49% of Philippines' PLDT Data Center Business
PLDT, the leading telecommunications provider in the Philippines with a market capitalization exceeding $5 billion, is negotiating the...
May 8
Overview of the AI Boom Fueling Data Centers in Asia
Asia Pacific, including Japan, has led dealmaking activities in the global data center market this year, with M&A value totaling $840.47 mil
May 2
Vietnam's Tech Investments Fall 17%, Outperforming Global 35% Decline
Vietnam's digital economy is on track to reach a valuation of $43 billion by 2025, growing at an impressive annual rate of 20%. According to
May 1
The Lobito Corridor, a Route to African Development?
Veronica Bolton Smith makes the case that the participating countries in the Lobito Corridor need to do more to become part
Apr 17
Confronting the China Challenge in Africa: The Lobito Corridor
China remains a dominant economic force in Africa, having invested $1.8 billion in the first half of 2023 alone, marking a year-on-year incr
Feb 29
$390 Africa Investment By Equinix Bolsters Africa Data Center Market
Africa's data center market is projected to experience significant growth, with a forecasted Compound Annual Growth Rate ("CAGR") of 10.2% f
Feb 25
VinFast's $2.4 Billion Loss Highlights EV Challenges
VinFast shares approached meme-stock status in 2023 making it briefly the third most valuable car company in the world. Now that the shares
Feb 19
Parque Arauco Unlocks LatAm Retail Innovation With Proptech Incubator
Latin American retail giant Parque Arauco has chosen four proptech startups, from four countries, from over one hundred applicants to join i
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