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It’s Been a Downright Terrible Week For Two of China’s Most Important Mining Ventures in Africa

Two of China's largest and most important mining ventures in Africa, one in Guinea and the other in the Democratic Republic of the Congo, face the real possibility of being shut down after years of contentious relations with their local partners. ...

Forget Cobalt, Lithium is the Key Strategic Resource

Tesla's across-the-fleet price increase this month was due in part to supply constraints of key metals used to manufacture electric vehicle batteries, specifically lithium.   While the price of cobalt and nickel have steadily fallen this year due to ...

Why China Building a Small Power Plant in a Small Congolese Town is Such a Big Deal

A consortium of Chinese entrepreneurs based in Angola recently signed an agreement to build an electric power generation facility in the small Congolese city of Kenge, 269 kilometers west of the capital Kinshasa, according to Radio Okapi. Not ...

COVID Lockdowns Hit Cobalt Prices

Chinese cobalt prices fell about 13% from a peak in May as China’s ongoing COVID lockdowns hit demand for electric vehicles.  The dynamic reveals a gap between the Chinese domestic price for the metal and how that price ...

Worsening Criminal Attacks on Chinese in DRC 

Attacks against Chinese nationals in the DRC’s mining provinces of Lualaba and Haut-Katanga are worsening. Chinese community groups have listed ten violent incidents in the region since late May.  The city of Lubumbashi has seen most of the attacks, ...

Who is behind China Molybdenum in the Democratic Republic of Congo?

Who exactly is controlling the Democratic Republic of Congo’s Tenke Fungurume Mine (TFM), one of the largest copper and cobalt mines in the world, remains a mystery. Officially, the Chinese mining giant China Molybdenum (CMOC) is in a partnership with the DRC’s state-owned mining company Gécamines ...

Mobile Phone Giant Tecno Wants a Piece of Kenya’s Booming Mobile Money Market

Transsion's Tecno brand is expanding its new mobile money service to Kenya this week. “The wallet has pilot launched in Nigeria in May, and roll-out to Kenya in middle of June," the company said in a statement. A mobile payment option from ...

Tibor Nagy’s Disingenuous Questioning of Chinese Mining Investments in Africa

Like an inquisitor against a backdrop of anti-Chinese criticism, former U.S. Undersecretary of State for Africa Tibor Nagy posted a tweet questioning China's role in the African mining sector: https://twitter.com/TiborPNagyJr/status/1533171803719450625 ...

DRC Cobalt Shipments to China Resume Via the Port of Durban

Cargo vessels loaded with Congolese cobalt are once again making their way to China now that port operations in Durban are beginning to recover. The port was shut for weeks after severe floods last month blocked the roads and railways that transport the ...

Speed is the One of the Key Hallmarks of Chinese Infrastructure Diplomacy in Africa

Chinese ambassador to the DR Congo, Zhu Jing, touted the rapid pace of construction of the new Kinsuka power station that's being built by Shanghai Power in the capital Kinshasa. Just 10 months after construction began, said Zhu on Twitter, the new station is ...
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