International

With abundant sunshine and wind southern Africa is perfectly positioned to become a global powerhouse in green hydrogen production. As the world shifts towards cleaner energy sources Namibia and South Africa provide favourable conditions and are well situated upon one of the world’s central shipping routes to transport the commodity …

Australian diamond explorer Gibb River Diamonds has staked its claim in the heart of Africa’s uranium industry, acquiring two significant projects in Namibia. This move marks a strategic shift for the company, known for its diamond and gold exploration in Western Australia, and signifies the growing appeal of Namibia’s rich …

Africa’s rich mineral resources and its potential as a vast export market are at the top of South Korea’s agenda as it hosts a summit with the leaders of 48 nations this week with plans for aid on industrial infrastructure and digital transformation. Africa is a “crucial partner” for South …

After a remarkable seven-year tenure, Dennis Vietze, the Managing Director of Wacker Neuson South and Sub-Saharan Africa, is embarking on a new chapter. Effective October 1st, 2024, Vietze will take the helm of Wacker Neuson Australia & New Zealand. Vietze’s African odyssey began in June 2017, and since then, his …

Organisers of the annual Africa focused investment conference AFSIC- Investing in Africa expect over 1400 delegates, at C level or similar from both Africa and the rest of the world, to engage in the African investment ecosystem. With over US$6bn worth of deals and investment opportunities profiled on site last …

Johannesburg- and London-listed diversified mining and marketing company Anglo American announced on Thursday that jointly owned renewable energy venture with EDF Renewables, Envusa Energy, has completed the project financing for its first three wind and solar projects in South Africa. The terms and structure of this non-recourse project financing are …

The Africa Centre of the Atlantic Council is embarking on an innovative three-year programme dedicated to critical minerals in Africa. With Africa housing 30% of the world’s critical-mineral reserves, the continent assumes a pivotal role in twenty-first-century supply chains, especially for electric vehicles, lithium batteries, cellphones, medical scanners, and military …

The United States of America’s Department of State released a signed Memorandum of Understanding (MoU) with the Democratic Republic of Congo (DRC) and Zambia on electric vehicle battery value chains. The document was signed on 13 December 2022, during the Africa Leaders Summit and states DRC and Zambia’s involvement in …

On 4 April 2022, the copper price rose despite lingering demand concerns in top consumer China. Copper for delivery in May rose 2.3% from 1 April 2022’s settlement price, touching $4.790 per pound ($10,538 per tonne). Trading was sluggish as Chinese financial markets were closed for a public holiday, but …

Cuban President Miguel Díaz-Canel’s recent visit to Namibia is capturing attention, with experts suggesting that Cuba is eyeing the African nation’s significant oil and natural gas potential. Namibia, which is expected to start oil production around 2029, has already attracted substantial investments from major multinationals such as Shell, Total, GALP, …