by afrikanfrontier | Feb 9, 2024 | Business, News, Politics
Ethiopia could be emerging as a frontrunner in the global Bitcoin mining scene. With the recent launch of the Grand Ethiopian Renaissance Dam (GERD) power plant, the nation boasts a significantly boosted power supply, projected to double by full capacity. Coupled with...
by afrikanfrontier | Feb 9, 2024 | Business, News, Politics
Zambia finds itself at the centre of a geopolitical tug-of-war as two superpowers, the US and China, vie for influence in its mining sector. The recent spotlight falls on the US-backed Lobito corridor project, dubbed a “once-in-a-lifetime” opportunity by...
by afrikanfrontier | Jan 23, 2024 | Business, Politics
In another mining incident in Zambia, seven workers, including two Chinese nationals, found themselves trapped in a flooded mine in the Copperbelt province near the Congo border. The incident occurred at the Macrolink copper mine in Ndola City, which is currently...
by afrikanfrontier | Jan 23, 2024 | Business, News
The Democratic Republic of Congo (DRC) is renegotiating its minerals-for-infrastructure deal with China, aiming for a sweeter slice of the pie in a $7 billion agreement. President Felix Tshisekedi is determined to rewrite the script on the existing $6.2 billion...
by afrikanfrontier | Oct 6, 2023 | Business, News, Politics
An $850 million road development project connecting the Democratic Republic of Congo’s (DRC) copper and cobalt mining region to East Africa’s Indian Ocean coast has broken ground. The presidents of DRC and Zambia officiated a ceremony to launch the...
