African Reserves

Digitize Africa’s mines

Mineral resources are an essential source of income for Africa. In 2019, minerals and fossil fuels accounted for more than a third of the exports of at least 60% of African countries. The continent produces around 80% of the world’s platinum, two-thirds of its cobalt, half of its manganese and …

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Latest updates: Hospitalizations for Covid in the United States increased in November

Omicron has been detected in at least 21 countries, as governments around the world impose restrictions to limit the spread of the latest variant of the coronavirus. Nigeria and Ireland joined the list today, while Hong Kong reported a fourth infection upon the arrival of a traveler from Qatar. “Further …

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China promises one billion doses of COVID-19 vaccine to Africa

China has pledged to donate a billion coronavirus vaccines, advance billions of dollars for African trade and infrastructure, and cancel interest-free loans to African countries to help the continent recover from the coronavirus pandemic. Speaking via a video link from Beijing at the Forum on China-Africa Cooperation (FOCAC), Chinese President …

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Oil Minister Hardeep Puri Says High Crude Oil Prices Are Hurting Global Economic Recovery, Auto News, ET Auto

Oil Minister Hardeep Singh Puri on Friday said continued high international oil prices would hurt global economic recovery as he renewed his advocacy with Saudi Arabia and other OPEC producers so as not to keep production levels artificially lower. He described India, alongside the United States, Japan and Korea, releasing …

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United States to restrict travel from 8 African countries on Monday, citing variant

The United States is expected to restrict travel from eight countries on Monday due to a new variant of the coronavirus. The countries are South Africa, Zimbabwe, Botswana, Lesotho, Mozambique, Eswatini, Malawi and Namibia, NBC News reported. The World Health Organization on Friday called Omicron a “worrying variant” of the …

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Biden to tap into U.S. oil reserves to fight rising gas prices

WASHINGTON – Working with five other countries, President Biden on Tuesday ordered the release of oil from the country’s emergency stockpile as Americans face rising gas prices amid inflation ahead of the holidays, according to senior administration officials. The administration will draw on 50 million barrels of crude from the …

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US must lead the way to prevent Sudan from becoming the next Libya

When a post-colonial country with little or no democratic tradition escapes a brutal dictatorship, it rarely becomes a democracy. Instead, he is likely to be faced with political chaos and foreign players scrambling for strategic advantage. This is what happened in Iraq after the fall of Saddam Hussein, and in …

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Label what you’re saving for

Good habits don’t have to be seasonal, especially when it comes to saving money. READ ALSO: Ochse offers tips for saving money According to African Bank Marketing Director Sbusiso Kumalo, we all start with good intentions at the start of a year, but these often seem to fade as the …

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To fight climate change, Africa must be taken into account

The standard narrative, “flirting with the apocalypse” that dominates US media coverage and political debates regarding climate change looks like this: China, which is the world’s largest carbon emitter, and India, which is little industrialized and still quite poor, currently represent the greatest threats to the protection of the environment. …

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