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The US Export-Import Bank has approved a US$4.7 billion loan for TotalEnergies’ Mozambique LNG project, crucial for overcoming obstacles posed by local terrorism. Initially supported in 2019, the project faced …
US Provides $4.7 Billion Loan to Controversial Mozambique LNG Project Read More
KoBold Metals, funded by Bill Gates and Jeff Bezos, proposed to develop a major lithium deposit in the Democratic Republic of Congo, potentially marking the first significant U.S. mining investment …
KoBold Proposes Development of Major Lithium Deposit in Congo Read More
KoBold Metals Co., supported by Bill Gates and Jeff Bezos, has proposed to develop a significant lithium deposit in the Democratic Republic of Congo amidst diplomatic discussions with the US …
KoBold Proposes Major Lithium Development in Congo Amid US Partnership Talks Read More
Zambia’s foreign-exchange reserves have reached new heights at $4.31 billion; however, the currency struggles due to ongoing drought and increased import demands. The kwacha has depreciated significantly, making it Africa’s …
Zambia’s Record-High Foreign-Exchange Reserves Fail to Stabilize Currency Read More
The U.S. is delaying $2.6 billion in climate finance to South Africa amid strained relations, exacerbated by accusations of unlawful land expropriation. Previous aid blockages and geopolitical tensions intensify South …
U.S. Aid Delays and Tensions with South Africa: Implications and Context Read More
President Trump is considering extending Chevron’s sanction waiver for Venezuela after allowing it to lapse earlier this year. This decision follows discussions about imposing tariffs on nations buying Venezuelan oil …
Trump Weighs Extension of Chevron’s Venezuela License Amid Geopolitical Tensions Read More
Nigeria’s efforts to revitalize oil production face new challenges due to sabotage of the Trans-Niger Pipeline, which affects exports. President Tinubu’s state of emergency reflects underlying political instability contributing to …
Nigerian Oil Pipeline Sabotage Threatens Crude Output Revival Read More
China Civil Engineering Construction Corp (CCECC) is investing $1.4 billion to modernize the TAZARA railway line linking Zambia’s copper mines to Tanzania’s largest port, aiming to address existing operational challenges, …
China’s $1.4 Billion Investment to Upgrade TAZARA Railway Read More
Jio Financial Services and Allianz SE have made a preliminary agreement to create an insurance business in India, following Allianz’s sale of its stake in a Bajaj Finserv joint venture. …
Jio Financial and Allianz SE Collaborate for New Insurance Venture in India Read More
Brazil’s Central Bank has raised its benchmark interest rate to 14.25% for the third consecutive time to address inflation, which has surged to 5.06% due to rising costs in essential …
Brazil’s Central Bank Increases Interest Rate Amid Rising Inflation Concerns Read More