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AfricaEconomy

Top African lithium producer, Zimbabwe plans incentives to encourage mineral processing

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Zimbabwe, recognized as one of Africa’s leading lithium producers, is taking significant steps to boost its mineral processing capabilities. The government aims to introduce incentives that encourage local processing of lithium, which is essential for electric vehicle batteries and various technological applications. The push for mineral processing is part of Zimbabwe’s broader strategy…
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AfricaEconomy

Uganda to increase state share in mining

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Uganda is moving forward with plans to increase its state share in the mining sector, a strategic decision aimed at maximizing national benefits from its rich mineral resources. The government’s initiative reflects a growing recognition of the need to ensure that local populations and the state derive significant value from mining activities, particularly as the sector continues to…
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AfricaEconomy

Zimbabwe urged to emulate Kenya’s GenZ digital activism

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Zimbabwe has been encouraged to look to Kenya’s vibrant Gen Z digital activism as a model for driving social change and civic engagement. In recent years, Kenyan youth have harnessed the power of social media and digital platforms to advocate for various causes, ranging from climate change to governance and human rights. Their innovative approaches have not only amplified their voices but…
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AfricaEconomyPolitics

Zimbabwean's new currency continues to depreciate

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Zimbabwe’s new currency, the Zimbabwean dollar, continues to experience significant depreciation, raising alarms among economists and everyday citizens alike. This persistent decline has been driven by a mix of factors, including high inflation, a lack of confidence in monetary policy, and ongoing economic challenges. Since its reintroduction in 2019, the Zimbabwean dollar has struggled to…
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AfricaEconomy

Zimbabwe and Namibia to feed the hungry with elephant meat

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Using elephant meat to feed the hungry in Zimbabwe and Namibia is a complex issue that intersects with conservation, ethics, and food security. Here’s an overview of the situation: Background Zimbabwe and Namibia both host significant populations of elephants, which are often seen as both a vital part of the ecosystem and a challenge for local communities. As human populations grow, so do…
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AfricaEconomy

Russia Increases Wheat Exports To Africa

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In recent years, Russia has significantly increased its wheat exports to Africa, a move that reflects both strategic economic interests and broader geopolitical considerations. This expansion is part of a larger effort by Russia to strengthen its influence on the continent and secure new markets for its agricultural products. Economic and Geopolitical Context Russia’s push to boost…
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AfricaBusinessEconomy

Algeria Joins BRICS Bank

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In a strategic move that underscores its growing economic influence, Algeria has officially joined the BRICS Bank, now known as the New Development Bank (NDB). This milestone marks a significant expansion of the NDB’s reach and represents a new chapter in Algeria’s economic and geopolitical positioning. The announcement was made at the BRICS summit in Johannesburg, where Algerian President…
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