Rwanda’s Trinity Metals is considering a listing in New York as a sharp rise in tungsten prices allows the miner to raise capital and accelerate its expansion. Trinity Metals, boosted by soaring tungsten prices, is seriously considering a New York IPO to raise capital for rapid expansion. The Rwandan mining company is in talks with…
Morocco and the United Arab Emirates (UAE) are expanding their bilateral defense alliance following high-level military discussions held in Rabat. Morocco and the UAE are strengthening their bilateral defense alliance following high-level military talks in Rabat. King Mohammed VI of Morocco honored UAE’s Chief of Staff, Lt. Gen. Al Mazrouei, for advancing security cooperation. The…
Saudi Arabia urgently needs military assistance to counter escalating attacks from Iran-backed Houthi rebels. The kingdom initially turned to the U.S. and Egypt, seeking direct defense support. However, both Washington and Cairo did not commit to direct combat operations inside Yemen. Instead, Saudi Arabia has secured its most desired result from Türkiye, which has promised…
Egypt has been listed as one of the three countries, alongside Kuwait and the United Arab Emirates (UAE), to be part of a potential $2.27 billion US military trade. Egypt, Kuwait, and the UAE are included in a potential $2.27 billion US military trade package. Egypt seeks to acquire 2,020 Javelin FGM-148F missiles and 200…
‘The future of Europe depends on Africa‘ was one of several key insights presented at the recently concluded Casablanca Finance Forum, alongside interesting perspectives emphasizing that Africa’s rapid growth requires Europe to keep up the pace. The Casablanca Business Forum highlighted that Europe’s future is closely linked to Africa’s rapid economic growth and industrialization. Speakers…
Africa’s largest uranium producer, Namibia, could be nearing the completion of a major deal with Russia, as Moscow expects a positive response from the Southern African country. Namibia, Africa’s largest uranium producer, is close to finalizing a major uranium production deal with Russia’s Rosatom. Negotiations involve production in Namibia’s Omakeke region and cooperation on the…
Four months after taking office, Benin’s President Romuald Wadagni has made his first visit to France, meeting President Emmanuel Macron in Paris as France seeks to rebuild its economic and strategic relationships across Africa. Benin’s President Romuald Wadagni made his first official visit to France, meeting President Emmanuel Macron to discuss bilateral relations. France is…
South Africa’s largest general insurer could leave the Johannesburg Stock Exchange after Sanlam proposed buying out Santam’s remaining eligible shareholders, offering a cash premium to bring the business fully under its ownership. Sanlam has proposed buying the remaining eligible shares in Santam, South Africa’s largest general insurer. The cash offer carries a 26.6% premium to…
Zimbabwe is negotiating with India’s international payments operator to reduce transaction costs and accelerate transfers, potentially bringing Indian technology into the infrastructure connecting its banks and digital-finance businesses. Zimbabwe is negotiating with NPCI International Payments to modernise its payments infrastructure. The proposed system would connect banks, mobile-money operators and fintech companies through shared technology. Central…
