They carry loads from Arcadia, Africa’s biggest lithium mine, opened this year by Zhejiang Huayou Cobalt, a Chinese firm. Overall, more than 90% of Africa’s supply this decade will come from entities at least partly owned by Chinese firms, estimates Benchmark Mineral Intelligence, a consultancy. Australia, an American ally, has this year blocked two Chinese investment proposals from firms involved in mining lithium and rare-earth minerals. More Chinese firms could process and refine metal in Africa over the next few years, notes Ms Zou. The case of Zimbabwe and lithium is also a reminder that Chinese mining comes in various forms.

Carried volume declined marginally to 8.92 million TEUs from 8.99 million TEUs in the corresponding period last year, says an official release. Total revenue declined 47 percent to €14.1 billion from €26.7 billion in the first nine months of 2022. "Following the completed acquisition of the terminal business of Sociedad Matriz SAAM on 1 August 1, 2023, the business activities have been separated into liner shipping and terminal & infrastructure segments. "In the liner shipping segment, a significant decline in the average freight rate caused EBITDA to fall to €4.1 billion in the first nine months of 2023 (9M 2022: €15.6 billion). "The terminal & infrastructure segment generated EBITDA of €35.5 million and EBIT of €27.1 million in the first nine months of 2023.

Morocco has renewed its urgent call for an immediate ceasefire in Gaza, reaffirming its rejection of any form of violence against civilians and stressing the need to put an end to the dangerous situation which is no longer acceptable on legal and humanitarian levels. Representing Morocco at an international conference held Thursday in Paris, Fouad Yazourh, Director General at the Ministry of Foreign Affairs, said Rabat is committed to achieving peace, stability, well-being, and prosperity for all the region’s peoples. In coordination with all partners, Morocco supports international mobilization for immediate cessation of hostilities in Gaza, said the diplomat, stressing the need to protect civilians in the Palestinian territory. Leaders of Western and Arab nations, international agencies and nongovernmental groups gathered Thursday in Paris to press Israel to stop its massive air and ground campaign against civilians in Gaza. He also said that diplomatic work must resume on bringing peace to the Middle East, with a two-state solution.

An innovative bead necklace is revolutionising the detection and treatment of pneumonia for children living in remote areas of Kenya, saving nearly 200 lives this year, Save the Children said ahead of World Pneumonia Day on 12 November. Community health volunteers use beads to count and detect rapid breath intake which is an early warning sign for the disease. Ekitela*, a community health volunteer from Loima sub-county, serves 64 households in his village. Save the Children’s Country Director for Kenya and Madagascar, Yvonne Arunga, said:“Many children in Kenya and around the world are facing increased risks from the biggest infectious killer for children: pneumonia. Save the Children has been providing support to children in Kenya since 1950.

A Nigerian state is planning to develop several renewable energy and low carbon projects that encompass solar and hydropower. The two entities are to collaborate on the development of renewable energy and low carbon projects. The renewable energy collaboration aims to drive four projects:A Greenfield Hydroelectric power project. He highlighted the state’s commitment to clean energy and the harnessing of its water resources to achieve green energy goals. He said it is a step toward making Nigeria a hub for green energy and a green economy.

Hapag-Lloyd has concluded the first nine months of 2023 with a Group EBITDA of USD 4.5 billion (EUR 4.2 billion) and a Group EBIT of USD 3.0 billion (EUR 2.8 billion). The Group profit stood at USD 3.4 billion (EUR 3.2 billion). In the first nine months of 2023, the EBITDA in the Liner Shipping segment decreased to USD 4.5 billion (EUR 4.1 billion). The EBIT fell to USD 3.0 billion (EUR 2.7 billion). In the Terminal & Infrastructure segment, an EBITDA of USD 38 million (EUR 35 million) and an EBIT of USD 29 million (EUR 27 million) were achieved in the first nine months of 2023.

ATS Network Management, the leading distributor of cutting-edge Network and Cyber Security Monitoring solutions in Africa, is excited to showcase SolarWinds Service Desk at the prestigious Africa Tech Fest. SolarWinds Service Desk is a comprehensive, cloud-based platform designed to streamline and enhance IT service management (ITSM). The unveiling of SolarWinds Service Desk at Africa Tech Fest marks the beginning of an exciting era in IT service management for African businesses and institutions. SolarWinds Service Desk adopts an Enterprise Service Management (ESM) approach to service management, extending the application of ITSM principles to other departments, enabling organizations to streamline processes, reduce operational costs, and enhance customer service across the enterprise. To get more information about SolarWinds Service Desk, visit ATS Network Management and Solarwinds at stand c100.

Hungary will send up to 400 troops to Chad to protect the interests of the European country and assist international forces in the region in the fight against terrorism. The troops will arrive as late as December 31, Alwihda Info reports, citing local Hungarian media. Hungary’s mission to Chad is about halting migration, fighting terrorism, and fostering local development,” Defense Minister Kristóf Szalay-Bobrovniczky said on X. “We believe in taking the help where it’s needed, not bringing trouble home,” he added. The deployment comes in response to an invitation dating back to September 19 from Chad’s leader Mahamat Idriss Déby Itno.

The European Union, EU, is poised to renew its current fisheries agreement with Mauritania coming to an end next year, Spain’s Minister of Fisheries Isabel Artem reportedly indicated Wednesday November 8. Both sides inked in November 2021 the agreement that allows the European fleet to access Mauritanian waters for the fishing of approximately 290,000 tons per year of crustaceans, demersal fish, tuna and small pelagics. In return, the EU provides €57.5 million annual support to Mauritania and another €3.3 million each year in support of local fishing communities. Isabel Artem also indicated that the two sides will put in place a joint Committee to ponder over the renewal of the deal in December 2023.

Source: Compare the Market AustraliaThe 5 most expensive countries for public transportSwitzerlandZürich’s public transport is officially the most expensive public transport in the world — Getty ImagesAverage one-way fare: €3.73Average monthly pass price: €82.84A famously pricey country that takes pride in the cleanliness and general upkeep of things, it’s perhaps not a surprise that Switzerland is, overall, the most expensive country in the world in which to travel by public transport. Zürich actually comes out on top as the most expensive city in the world for a public transport ticket, with an average one-way journey price of €4.55. Public transport is reliable and easy to use, though, and includes such things as the electric ferries that get Oslo locals (Oslocals?) The 5 cheapest countries for public transportSri LankaSri Lanka is one of the very cheapest countries in the world when it comes to public transport — Getty ImagesAverage one-way fare: €0.16Average monthly pass price: €5.4393% of all Sri Lanka’s public ground transport is buses, with the nationally-owned SLTB (Sri Lanka Transport Board) running routes between cities. That doesn’t mean that there’s no public transport, however; in Kathmandu, Ratna Park is the central hub for all bus and minibus traffic.

We deliver cutting edge analysis and intelligence so you can stay ahead of the news. Take it from them: I can't emphasize enough my appreciation for you and the rest of the staff at Geopolitical Futures. Full accessto our content With any paid subscription you get full access to our entire content. Rebuffing Israeli Prime Minister Benjamin Netanyahu’s remark about an indefinite Israeli security presence in the Gaza Strip, the U.S. proposed that the Palestinian Authority should administer postwar Gaza. Any such plan likely needs the buy-in of Jordan and Egypt, which border the West Bank and Gaza, respectively.

The case of South Africa is complicated by that its borders are unashamedly porous; with a border control system that is known to be highly corruptible, inefficient, and outright criminal. How South Africa can have so many aliens slipping through statutory records — and from a single country — is a subject of both political and social science. Zimbabweans in South Africa – whether documented or otherwise – are a soft target of populist electoral hatred. Masvingo and Matabeleland South provinces are the nearest Zimbabwean geographical entities to South Africa’s northern Limpopo border, with both the western and the eastern tripoints bound by a distance of around 225km. Zimbabweans in South Africa – whether documented or otherwise – are a soft target of populist electoral hatred.

Investing.com -- Shares in Tapestry (NYSE: ) rose in early U.S. trading on Thursday after the luxury retailer reported better-than-anticipated earnings in its fiscal first quarter despite lowering its revenue growth forecast. In a statement, Chief Executive Officer Joanne Crevoiserat said profits during the period were driven by "significant" gross margin expansion. Gross margin jumped by 250 basis points thanks to higher full-price sales of Tapestry's boots and bags, as well as cooling freight expenses. Net sales registered $1.51B, an increase of 3% compared to the prior year but below Bloomberg consensus forecasts of $1.54B. Slipping returns at Tapestry's Kate Spade and Stuart Weitzman labels offset resilience at its key Coach division, while the firm said the demand environment in North America was "difficult."

The 143 vehicles left Kidal on 31 October and travelled nearly 350 kilometres, transporting 848 peacekeepers from Bangladesh, Chad, Egypt, Guinea and Nepal, as well as equipment. ‘A tremendous feat’The convoy – which was reportedly approximately nine kilometres long – encountered six improvised explosive devices along the way. As the drawdown of MINUSMA personnel continues, half of the 13,871 personnel have now departed the country. Chadian and Guinean peacekeepers who were in the convoy that left Kidal are this week scheduled to depart Gao for their homelands. Mr. Dujarric reaffirmed the UN’s determination to complete the MINUSMA withdrawal by 31 December, adding “and we are counting on the full support of Mali in that regard.”Distributed by APO Group on behalf of UN News.

A solar marketplace has been launched in Nigeria to grow the sector and reduce the country’s reliance on fossil fuels. Recently, the Consulate-General of the Kingdom of Netherlands in Lagos and partners launched the solar marketplace. Solar panel factory to lessen reliance on importsThe solar marketplace will function as a new ecosystem bringing together supply and demand and growing the solar sector in Nigeria. It will service solar players looking for customers, investors, technology and skills.”Consul-General of the Kingdom of Netherlands in Lagos, Michel Deelen, at the solar marketplace launch. The event provided a networking and matchmaking forum that brought together key investors and high-performing developers pre-evaluated by the Solar Power Naija team in the power sector.