Africa

Select South African Aluminium And Steel Producers Win Reprieve From Trump Tariffs

Select South African Aluminium And Steel Producers Win Reprieve From Trump Tariffs

Certain aluminium and steel producers from the Republic of South Africa have been granted exemptions to the Trump adminstration’s blanket tariffs according to South Africa’s Department of Trade and Industry (DTI). According to the DTI, the U.S. Department of Commerce issued waivers...

Events

Infrastructure Improvements Outweigh All Other Concerns Over Bauxite Deal With China – Ghana PM Osei Owusu

Debate continues to rage over the proposed US$2-billion deal between the west African republic of Ghana and the People’s Republic of China that would have China’s Sinohydro Group Limited gain access to Ghana’s significant bauxite resources in exchange for badly-needed infrastructure improvements. Earlier this week Ghana’s First Deputy Speaker of Parliament Joe Osei Owusu told […]

Ghana’s Minority Leader Calls On IMF To Review Bauxite Deal With China

Pushback is increasing against a deal between the governments of Ghana and the People’s Republic of China over a US$2-million deal to trade Ghanaian bauxite ore for the construction of badly-needed infrastructure in the country by China, as Thursday saw Ghana’s minority leader call for the deal to be reviewed by the International Monetary Fund […]

Ghana Politician Counsels Renegotiation Of US$2 Billion Bauxite Deal With China

A former Ghanaian state official is speaking out against the US$2 billion bauxite deal his government negotiated with the People’s Republic of China on the grounds that the deal is excessively one-sided. Former Chief Executive Officer of the State Enterprises Commission Dr. Camynta Baezie is calling upon Accra to renegotiate the deal with a view […]

Guinea’s Bel Air Bauxite Mine Makes First Ore Shipment

Guinea’s Bel Air bauxite mine is complete and its first shipment to Chinese buyers has been made. So said the African Finance Corporation (AFC) on Wednesday. AFC said that the mine, which was finished on time and on budget, will have a production capacity of 5.5 million tons of high-grade bauxite ore per annum. In […]