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- Copper: Balancing mineral needs and environmental care
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- Ethiopia is set to construct Africa’s largest airport at a projected cost of $7.8 billion.
- Set for completion in 2040, the airport will have the capacity to handle 110 million passengers a year and provide aprons for 270 aircraft.
- While AfDB has pledged ‘full commitment’ to fund the project, Ethiopian Airlines Group is engaging other financiers, including the EXIM Bank of China.
Ethiopia, home to Africa’s largest airline, has announced plans to build the continent’s biggest airport, set to rival global aviation hubs such as Dubai International and London’s Heathrow. Designed as a state-of-the-art airport city, the facility will have the capacity to handle over 100 million passengers annually, positioning Ethiopia as a key player in global air travel.
Already holding the title of Africa’s leading airline in passenger numbers, destinations, fleet size, and revenue, Ethiopian Airlines is now aiming for another milestone—constructing the continent’s largest airport. Additionally, Ethiopian Airlines …
- Did you know that the push to decarbonize the world requires immense volumes of copper?
- Statistics show that the annual demand of copper could reach 50 million metric tonnes by 2050.
- However, large scale extraction of this vital mineral carries enormous cost to the environment.
Copper remains a vital mineral powering modern development, but its extraction comes at a significant cost to both the environment and economies.
According to the Vice Provost for Research and Enterprise and the Armourers and Brasiers’ Chair in Materials Science at Imperial College London, Prof. Mary Ryan, “Copper brought us out of the stone age, as an alloy, copper makes bronze and the latter is responsible for most all modern development.”
The scientist, in a report titled Mine copper without destroying the planet? she adds, “today, copper is the indispensable metal needed for almost all electrical wiring, plumbing, and industrial machinery… we owe a lot …
- Saudi Arabia’s Neom futuristic city estimated to costs in excess of $8.8 trillion.
- Neom features a floating industrial complex, global trade hub, tourist resorts.
- The city, which is powered by 100% renewable energy, is plagued by delays and cost overruns.
Neom, an ambitious fusion of architecture and ecology, is a futuristic city under construction in Saudi Arabia’s Tabuk Province. Touted as an unprecedented mega-investment, it serves as a case study for policymakers in Africa, highlighting both the opportunities and challenges of large-scale urban development.
According to a recent statement from Neom’s management, the project is set for completion by 2039. The name “Neom” blends the Ancient Greek prefix neo- (meaning “new”) with Mostaqbal, the Arabic word for “future.”
With an estimated cost exceeding $8.8 trillion—over 25 times Saudi Arabia’s annual budget—the new city is among the world’s most ambitious urban projects. Launched in 2017, it spans 26,500 km² and features …
- Montero Mining and Exploration Ltd has received the final $7M installment of a $27M settlement with Tanzania, resolving a long-standing dispute over the expropriation of its Wigu Hill rare earth project.
- While this payment marks the conclusion of the legal battle, Montero noted that final legal costs and expenses must still be determined before net proceeds can be confirmed.
- The company is now evaluating the distribution of funds and expects to provide an update on potential shareholder payments by Q2 2025.
Montero Mining and Exploration Ltd has confirmed receiving $7,000,000, being the final instalment in a US$27,000,000 settlement between the Company and Tanzania. Paid in cash, the final Instalment brings to an end the long standing dispute between the company and the East African country where it has mining operations.
Notably, the amount accounts for approximately 39 per cent of Montero’s initial $70 million claim in a legal battle that …
- Dubai International Furniture Accessories & Components and Semi-Finished Products Show (DIFAC) returns for its 7th edition alongside the WoodShow.
- Currently the showcase space is fully booked, reflecting strong industry demand.
- Delegates to explore the latest woodworking machinery, finishing tools, wood products, and advanced automation and robotics technologies that enhance efficiency and quality in the industry.
The 21st edition of WoodShow Global in Dubai is poised to offer players in the industry across the Middle East and North Africa’s a feel of the future, with exhibitors, top-tier companies and industry professionals readying displays of the latest offers in the wood and woodworking machinery industry.
This year, the 21st edition of the event will take place from April 14 to 16, 2025, at the Dubai World Trade Centre, welcoming over 15,000 visitors from around the world. This premier exhibition serves as a vital hub for knowledge exchange, showcasing the latest innovations, trends, …
- IPS 2025 will showcase the latest technologies and smart solutions, reflecting Dubai’s commitment to building sustainable cities.
- Bringing together industry leaders, innovators, developers, investors, and financial institutions, the event serves as a catalyst for real estate growth, facilitating high-value deals, strategic partnerships, and business expansion.
- Event also facilitates the exchange of knowledge, expertise, and insights on smart building technology and sustainable designs.
The Dubai Land Department has officially announced the 21st edition of the International Property Show (IPS) 2025, set to take place from April 14-16, 2025, at the Dubai World Trade Centre. As the world’s premier real estate platform, IPS 2025 aims at reaffirming Dubai’s commitment to fostering a dynamic and investor-friendly property market.
Bringing together industry leaders, innovators, developers, investors, and financial institutions, the event serves as a catalyst for real estate growth, facilitating high-value deals, strategic partnerships, and business expansion. With a strong focus on investment opportunities, …
- Across the African continent, the tourism industry fuels the creation of jobs, providing decent work opportunities for millions of people.
- The industry also drives the development of critical infrastructural, fosters entrepreneurship, and enhances cultural exchange.
- Kenya is at the forefront of steering innovation in tourism, fostering homegrown solutions that will help shape the future of this vital industry in Africa.
Tourism in Africa is often associated with breathtaking safaris, luxury safari lodges, and pristine coastal beaches. However, its impact stretches far beyond leisure and hospitality offering targeting overseas tourists, serving as a powerful engine for economic growth and social transformation.
Across the continent, tourism fuels the creation of decent jobs, especially for the youth; drives the development of critical infrastructure such as roads and technology investments, fosters entrepreneurship across value chains, and enhances cultural exchange among communities globally.
Countries such as Kenya, South Africa, Morocco, and Rwanda provide compelling case …
- President Felix Tshisekedi is inviting the U.S. to directly purchase critical minerals from Kinshasa, instead of buying “looted” and “smuggled” minerals from Rwanda.
- Rwanda is under immense pressure from the UN, the U.S., the EU, the UK to cease and withdraw their support for M23 rebels.
- In a 2022 update, UNEP notes that DRC has around 3.5 million metric tonnes of cobalt, making it home to one of the largest reserves of this vital resource.
The escalating conflict in the Democratic Republic of Congo (DRC) has taken a new twist with President Felix Tshisekedi inviting the U.S. to directly purchase critical minerals from Kinshasa instead of buying “looted” and “smuggled” minerals through Rwanda.
In a statement on Sunday, Tina Salama, who is the spokesperson of President Tshisekedi, called out Rwanda, noting that the neighboring country has for long been involved in looting and smuggling of vital mineral resources from the …
- The 8-member bloc will showcase its diverse attractions under the brand “Visit East Africa: Feel the Vibe” during the March 4-6 trade fair in Berlin, Germany.
- EAC aims to attract international tourists and investors by highlighting the region’s rich cultural heritage, natural beauty, and unique attractions.
- The EAC stand at ITB will also provide an opportunity to member countries to showcase their offerings and further penetrate the international market.
Stakeholders in East Africa’s tourism industry have joined forces to make the East African Community (EAC) the word’s next travel and hospitality hotspot during the March 4th-6th, 2025, International Tourism Bourse (ITB) in Berlin, Germany.
In a statement released on Wednesday, the EAC said it will, for the first time, participate in the global expo as a single entity in the world’s largest tourism trade fair.
According to the EAC Secretary General Veronica Nduva, the bloc will showcase its diverse attractions …
