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"africa" tag
botswana-diamond-marketexpress-in

Botswana unearths world’s second-largest diamond

Botswana has discovered a 2,492-carat diamond at its Karowe Mine, making it the second-largest diamond ever found. President Mokgweetsi Masisi was quick to view and pose with the vast gemstone. Canadian mining company Lucara Diamond...

african-union-marketexpress-in

Global conflicts overshadowing African desertification

African delegates at a UN desertification conference in Uzbekistan urged the international community to not neglect the climate emergency in Africa’s deserts amid the Israel-Hamas conflict and Russia’s war in Ukraine. African delegates attending a...

climate-change-marketexpress-in

Who pays for climate damage and where does the money go?

An array of climate funds promise to help poorer countries either stop climate change or adapt to its consequences. But what do they actually cover, and why is it all so contentious? Fossil fuels powered...

lithium-africa-marketexpress-in

Lithium mining in Africa reveals dark side of green energy

The new rush for lithium in Africa risks fueling corruption and harming local communities and the environment, investigations have shown. At a Chinese-run lithium mine in Namibia, local workers have complained for months about squalid living...

africa-climate-change-summit-marketexpress-in.jpg

Africa’s first-ever climate change summit

As the first-ever Africa Climate Summit kicks off on Monday in Nairobi, Kenya, some representatives in attendance are wondering whether the political elite will match their words with meaningful action. Innocent Tshilombo arrived in Kenya as...

western-sahara-morocco-africa-marketexpress-in

Morocco and Western Sahara: A new conflict brewing?

With Israel recognizing Western Sahara as part of the Moroccan kingdom and a contentious fishing agreement between Morocco and the EU expiring, tensions are intensifying between the Polisario Front, Morocco and Algeria. Characterized by vast...

global-south-de-westernization-marketexpress-in

Global South and the de-Westernization of the World

The concept of the “Global South” has been all the rage in recent months, along with that of the “de-Westernization of the world”. Is it the same phenomenon and what realities do these two expressions...

africa-diamond-marketexpress-in

Why Africa bleeds diamond revenues

Africa holds mineral wealth with diverse commodities that are sought after the world over. In the diamond industry, revenues elude local communities despite multilateral certification measures. In diamond-rich parts of Africa, the revenue generated from...

charcoal-africa-europe-marketexpress-in

Economies in Africa had it rough in 2022

Record inflation, high debt levels and weak currencies sent the cost of living soaring in many parts of sub-Saharan Africa throughout the year. When Richard Gbewornyo graduated as a videographer in Accra, he was ready to...

africa-energy-transition-economy-marketexpress-in

Africa faces hurdles to energy transition

Africa boasts massive energy production potential, yet millions of people are without electricity. At a recent Africa roundtable, experts said that technology transfer was crucial to achieving energy transition. During a recent “Africa Roundtable,” meeting,...

africa-climate-change-marketexpress-in

Climate crisis: What’s at stake for Africa?

Africa has played a minor role in causing climate change, but bears the burden of its consequences. For the continent, the UN climate conference is about vital funding and securing the livelihoods of 1.4 billion...

asia fdi

Asia defies pandemic, sees rise in FDI

The region was an exception in a year that saw foreign investments crash to greater depths than after the 2009 global financial crisis. The steep fall could have painful implications for Africa’s industrialization bid. Foreign...