HARARE, June 5 – Chinese mining and battery materials company Zhejiang Huayou Cobalt is planning to develop a lithium carbonate processing plant …
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Economy
Morocco Economy Seen Growing 5% in 2026 on Agriculture Recovery and Infrastructure Investment
RABAT, June 4 – Morocco’s economy is expected to accelerate over the next two years, supported by a strong recovery in agriculture …
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MAPUTO, June 4 – Mozambique has enacted sweeping reforms to its mining sector, introducing mandatory state participation in all mining ventures and …
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JOHANNESBURG, June 4 – Africa’s wealthiest investors are increasingly turning to real estate as a preferred asset class for preserving wealth, diversifying …
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NAIROBI, June 4 – Preparations for a United States-backed Ebola quarantine facility in Kenya are continuing despite court orders suspending the project …
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Finance
Africa Finance Corporation Secures $2 Billion Loan as Infrastructure Investment Demand Accelerates
LONDON, June 4 – The Africa Finance Corporation (AFC) has raised a record $2 billion through a syndicated loan facility, marking the …
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NAIROBI, June 4 – Kenya’s private sector remained under pressure in May, recording a third consecutive month of contraction as higher costs …
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LUSAKA, June 4 – A subsidiary of Vedanta Resources is pursuing a public listing in the United States as the mining group …
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ACCRA, June 3 – Ghana’s inflation rate increased for a second consecutive month in May, signaling renewed price pressures in the economy …
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Development Finance
FEDA Appoints Emmanuel Assiak as Chief Executive Officer to Drive Investment Growth Across Africa
CAIRO, June 3 – The Fund for Export Development in Africa (FEDA), the private equity and impact investment arm of African Export-Import …