News
A research report by CITIC Securities states that on February 25, the Zimbabwe Ministry of Mines issued a ban on lithium ore exports. The policy aims to strengthen mineral regulation and promote the development of deep processing of mineral products.
2+ hour, 26+ min ago (85+ words) A research report by CITIC Securities states that on February 25, the Zimbabwe Ministry of Mines issued a ban on lithium ore exports. The policy aims to strengthen mineral regulation and promote the development of deep processing of mineral products.Bitget…...
Eni Expands Its Operations in Angola as Ndungu Field Begins Producing inversions
10+ hour, 8+ min ago (300+ words) The Agogo Integrated West Hub Project is being rolled out in stages to ensure steady, long-term output. Initially, oil from Ndungu will be processed at the N'goma FPSO, before being transferred to the Agogo FPSO at a later phase. This…...
Africrypt founders back in South Africa years after platform collapse: Report
1+ week, 1+ day ago (481+ words) South Africa's so-called "Bitcoin Brothers," Raees and Ameer Cajee, have quietly returned to the country years after the collapse of their crypto investment platform Africrypt, according to a new TV investigation. A segment aired Sunday by investigative program Carte Blanche…...
Eni Announces Offshore Angola Oil Find Estimated at 500 Million Barrels
1+ week, 3+ day ago (214+ words) Eni has announced a major oil discovery offshore Angola in Block 15/06, estimating the site holds approximately 500 million barrels of oil. This significant find bolsters Angola's upstream prospects and highlights the advantages of leveraging existing infrastructure for exploration. Azule Energy operates…...
Africa records highest stablecoin conversion spreads, data shows
2+ week, 54+ min ago (383+ words) The regional median spread was 299 basis points, or about 3%, compared with about 1.3% in Latin America and 0.07% in Asia. In Africa, conversion costs ranged from about 1.5% in South Africa to nearly 19.5% in Botswana." The data measures "spreads," or the gap between…...