Key Points Mining contributes 70% of Zambia’s exports, driving economic stability. Copper and cobalt dominate production, with growing gold output. Sustainable practices, investment, and diversification fuel resilience. Zambia’s mining industry …
Key Points Cabinda Refinery in Angola is set to start oil production in early 2025, with commercial operations beginning by July. The $473 million project aims to cut Angola’s reliance …
Key points World Bank has cautioned Kenya against ending the Kenya Power and Lighting Company’s (KPLC) monopoly as the government considers allowing private energy producers to sell power directly to …
KEY POINTS SARS faces a $1.25 billion shortfall in tax collections for 2024, as revealed in the MTBPS. Individual tax revenues underperformed due to lower-than-expected wage growth, impacting overall …
KEY POINTS Botswana’s new president, Duma Boko, aims to finalize the stalled De Beers diamond sales agreement swiftly. Mobile transactions reached $200 billion in 2020, contributing up to 5% of …
KEY POINTS Mobile money drives financial inclusion in Africa, with over 500 million accounts enabling access to essential financial services. Mobile transactions reached $200 billion in 2020, contributing up to …
KEY POINTS Zimbabwe and the EU sign $81.4 million in agreements focused on agriculture, biodiversity, governance, and gender equality, marking strengthened ties. The EU aims to mobilize European businesses to …
KEY POINTS Declining reserves and aging infrastructure: Angola’s oil production dropped from 1.9 million bpd in 2015 to 1.4 million bpd in 2022; urgent upgrades are needed. Opportunities in Offshore …
KEY POINTS King of Saudi Arabia, Salman bin Abdulaziz Al Saud, through his humanitarian Aid and Relief Center(KSrelief), at a Donor Conference held in Jeddah, raised over $1.1 billion to …
KEY POINTS Egyptian Finance Minister Ahmed Kouchouk emphasizes optimism for productive talks with the IMF during upcoming consultations on economic reforms. Kouchouk engages with global finance leaders at G20 and …
The African Spectator stands as the compass for those seeking lucid, objective, and insightful commentary on Africa’s ever-evolving political and social landscape.
© 2024 The African Spectator. All Rights Reserved.
