Botswana, where four of the world’s richest deposits are located, was producing around 24.2m carats of diamonds until 2019, thus making Gaborone ... the second-largest producer globally, behind Russia. No less than 65% of the supply from De Beers (the country’s preferred partner ever since it gained independence in 1966) is extracted from the country’s diamond mines.
People haven’t stopped dancing ever since Nigerian singer Yemi Alade released her first hit in 2013. After winning a TV talent show (the Peak ... Talent Show in 2009), she made a music video for the song ‘Johnny’, which would go on to become a hit with 100 million views. She followed up with ‘King Of Queens’ (2014), ‘Mama Africa’ (2016), ‘Black Magic’ (2017) and ‘Woman of Steel’ (2019).
Abdessalem Ould Mohamed Saleh, Mauritania’s minister of petroleum, mines and energy, has returned from a fruitful visit to the Tasiast gold ... mine. In a press release dated 15 July, the Canadian company Kinross Gold announced that it had finally reached a definitive agreement with the Nouakchott government on the main points that the two parties had debated for years.
By analysing new-age mobile and web data, fintechs are starting to expand credit to individuals and SMEs without financial footprints. But concerns ... remain about reliability of the metrics used and customer privacy.
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This July’s Cannes Film Festival, which returned to the Croisette after a year dominated by the ongoing pandemic, promised to be an exceptional ... one as it had two years to choose its selection. However, by all accounts, this was not the case, despite the quality and originality of some of the works presented.
In 18 months, Moroccan start-up Chari has succeeded in making its mark on the logistics and distribution landscape. The firm has developed a ... mobile application that allows local shops – which account for 80% of the country’s distribution – to order everything they need, at competitive prices and with the promise of free delivery in less than 24 hours.
Rock-bottom prices for Kenyan tea amid a global supply glut mean it’s time for the creation of an agency mandated to promote Kenyan produce ... on the global market, Shadrack Manyinsa, an analyst at Kingdom Securities in Nairobi, tells The Africa Report.