Africa saw the launch of its latest sovereign wealth fund in the form of Nambia’s more conventional commodity-backed Welwitschia Fund. The fund has an initial injection of N$262 million (US$16 million), but will be boosted by offshore oil resources discovered by TotalEnergies and Shell. It will collect royalties from mineral
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Zambia, DRC seal agreement on manufacturing electric vehicle batteries
Zambia and the Democratic Republic of Congo (DRC) on Friday sealed a bilateral agreement on manufacturing electric vehicle batteries. Under the agreement, the two sides will jointly explore minerals that are critical raw materials for battery-manufacturing and give full play to their rich cobalt and lithium resources. Zambian President Hakainde
Business leaders have to play a better political role
Like it or not, they are potent players in our fragile democratic politics and in global decision-making. We in the western world confront two crises: a collapse in trust in our democratic political system and a planetary environmental threat. The former requires the renewal of common purpose at home. The
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Exploring the Benefits of the Africa Continental Free Trade Area (AfCFTA)
Minaz Bhuiya, Citi Treasury and Trade Solutions SSA Head for FI & Correspondent Banking talks with Hubert Danso, CEO and Chairman for Africa Investor (Ai) Group to Explore the Benefits of the Africa Continental Free Trade Area. Speakers: Hubert Danso – Chief Executive Officer and Chairman, Africa Investor (AI) Group
Institutional investors set priorities for COP 27 in Africa
News – Johannesburg, Cairo, Lagos, Nairobi, Paris, New York, London, Addis Ababa, Tokyo 28 September 2021 Investment leaders, representing assets of more than $40 trillion, set out strategic priority areas and initiatives to consider in the run up to, and during the UN Climate Change Conference (COP 27) to take
Africa investor briefs World Trade Organisation on its African Continental Free Trade Area initiatives
During the 76th session of the UN General Assembly, Hubert Danso, CEO and Chairman of African investor (Ai) and the Chairman of the African Union Development Agency Continental Business Network (CBN), addressed the World Trade Organisation (WTO) Public Forum Session. He discussed building resilience through strengthened regional integration and African
