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The FBI has charged a Chinese national and two Americans with conspiracy to commit smuggling and export control violations on Wednesday. The three defendants, Stanley Yi Zheng, Matthew Kelly and Tommy Shad English, were accused of seeking millions of dollars’ worth of export-controlled computer chips from a California-based company to be shipped to China […]
Ghana and Colombia have agreed to establish a direct maritime shipping link between the Port of Tema and the Port of Cartagena, as both countries seek to expand trade between Africa and Latin America and reduce reliance on traditional transatlantic routes. The agreement, reached in Bogotá and announced by Ghana’s foreign minister, Samuel Okudzeto Ablakwa, […]
Kenya’s independent fuel retailers are reporting shortages at hundreds of outlets due to the ongoing war in Iran, with roughly 20% of stations affected, according to Martin Chomba, chairman of the Petroleum Outlets Association of Kenya (POAK). The shortages follow the Energy and Petroleum Regulatory Authority’s (EPRA) decision to freeze pump prices despite rising […]
In today’s uncertain economic climate, investors are increasingly looking for ways to protect their wealth and secure their financial future. With inflation concerns, market volatility, and shifting global dynamics, traditional investment strategies are no longer enough for many individuals. This has led to a growing interest in alternative investment options, particularly gold-backed retirement accounts, which […]
Australia-listed Terramin has begun site preparation at its Tala Hamza zinc and lead project in Algeria, after authorities resolved land access constraints that had stalled progress for months. The breakthrough followed a government-led process to acquire land and relocate nearby communities at an estimated cost of about $30 million, clearing a key obstacle […]
South Africa is making a strategic push into the electric vehicle (EV) battery production and supply chain, backing Toronto-listed Canadian company Giyani Metals with an additional R29.9-million (~$1.9-million). The funds, from the State-owned Industrial Development Corporation (IDC), aim to advance Giyani Metals’ high-purity manganese sulphate monohydrate (HPMSM) demonstration plant in Johannesburg. HPMSM is […]
A massive lithium project in the Democratic Republic of the Congo (DRC) is set to change Africa’s role in the global battery supply chain, as Zijin Mining Group Co. prepares to launch one of the world’s largest lithium mines in the East African country. The project, located in the Manono region in the […]
Nigeria’s Energy Market at Risk as Dangote’s Next Export Plan Unfolds The Dangote Refinery, Africa’s largest refinery, is reportedly looking into exporting most of its products, a development that could potentially precipitate a significant energy crisis within Nigeria. The refinery, per sources close to the development, is considering the exportation overhaul owing to […]
Global auction house, Sotheby’s, owned by French-Israeli billionaire, Patrick Drahi, is preparing to auction a rare 28.88-carat diamond from Africa’s richest mine in Botswana, with an estimated value of $2.8 million. The stone, recovered from Botswana’s Jwaneng Mine and produced by De Beers, Africa’s largest diamond producer by value, carries an estimated top […]
Super Falcons’ goal tender, Chiamaka Nnadozie has hit out at the 2026 WAFCON postponement in Morocco. Citing ‘unforeseen circumstances,’ CAF announced that the competition, previously slated for early 2026, will now take place between July 25 and August 16. Nnadozie noted that the rescheduling has interfered with the Super Falcons’ momentum, […]
