Connect the reporting, expertise and context behind your question.
Connect the reporting, expertise and context behind your question.
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Africa Finance Corporation (AFC) is seeking to expand its exposure to iron ore and uranium as competition for critical mineral resources intensifies, reflecting growing efforts by governments and investors to diversify supply chains for electric vehicles, renewable energy and other strategic industries.
Read the source ↗The World Bank plans to increase its critical minerals financing fivefold over five years, setting out an expanded role for the development lender as governments seek more resilient supply chains and greater domestic economic value from mineral resources.
Read the source ↗Africa's industrialisation story is entering a more consequential phase. For decades, industrial policy across much of the continent focused primarily on import substitution—reducing dependence on imported goods through domestic production. While that objective remains important, a new generation of African manufacturers is increasingly competing on a larger stage: supplying regional markets under the African Continental Free Trade Area (AfCFTA), integrating into global supply chains, and producing higher-value manufactured exports.
Read the source ↗LONDON, 14 October 2026 — Oil prices edged higher on Wednesday after two vessels were struck in the Strait of Hormuz, while reports that Iran was adopting new tactics against shipping heightened concerns over the security of a critical international energy corridor. The developments have renewed attention on the vulnerability of oil supplies to escalating conflict in the Middle East.
Read the source ↗For decades, Africa's role in global trade has largely been defined by the export of raw materials and the import of higher-value manufactured goods. Oil, minerals, cocoa, coffee and agricultural commodities have generated export revenues, but much of the value created through processing, branding and manufacturing has accrued elsewhere. That model is increasingly being challenged.
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