Business

Rwandan President Paul Kagame has challenged African countries to fundamentally rethink how they exploit and manage the continent’s vast mineral wealth, warning that Africa cannot achieve its full economic potential while continuing to export raw materials and import higher-value finished products. Speaking

Russian coal exports to South Korea have surged to their highest level in three years, highlighting a significant shift in Seoul’s energy sourcing as it seeks to strengthen power supply security amid disruptions in global energy markets. South Korea imported approximately 12.5

Iranian Foreign Minister Abbas Araghchi has said Iran and China have significant potential to contribute to the emergence of a fairer international order while strengthening multilateralism, peace and global stability. Araghchi said closer cooperation between Tehran and Beijing could play an increasingly

Algerian cashew processing company Sarl Anacard’Or is planning to expand its investment into Tanzania by establishing three modern cashew processing plants, in a move expected to increase the value of Tanzanian cashews and strengthen the country’s position in the global market. The

African countries are stepping up efforts to gain greater control over the continent’s critical mineral resources as global demand for minerals such as cobalt, lithium, copper, manganese and graphite continues to rise. Africa holds about 30% of the world’s critical mineral reserves,

Zambia is targeting annual copper production of 3 million metric tonnes by 2031, an ambitious plan that would more than triple the country’s current output and strengthen its position as one of Africa’s leading copper producers. The target has gained renewed attention

The Democratic Republic of Congo (DRC) has banned the export of copper and cobalt concentrates, in a move aimed at increasing domestic processing and ensuring the country captures greater value from its mineral resources. The decision was announced through an official order