Browsing: Nickel

• US Vice President Kamala Harris pledges increased US trade with Tanzania
• This visit by VP Harris is expected to encourage US investment in Tanzania through trade, which already the office of the Vice President has pledged to do.
• US Lifezone Metals to set up second cobalt, nickel refinery plant in Tanzania

The trip to Tanzania by US Vice President Kamala Harris is already bearing fruit with the US announcing plans to increase trade with the country.

Air Force 2 landed in Tanzania late Wednesday where the US second in command was received in a colourful ceremony at the Julius Nyerere International Airport (JNIA) in the commercial port city of Dar es Salaam.

Her host, Tanzania president Samia Suluhu Hassan who was herself Vice President less than two years ago, hosted Vice President Harris at the State House fondly known in Swahili as Ikulu. Vice President Kamala Harris is in Tanzania …

Elon Musk applied for licensing to provide Tanzania with satellite Internet services; that was last year. This year, the Tanzania Communication Regulatory Authority (TCRA), has said, Musk’s Starlink, the company that provides the satellite internet services, needs only to complete the required procedure to set up shop in the country.

This response by Tanzania to Elon Musk’s application has stirred up controversy on Twitter with executives from both sides raising allegations and counter-allegations.

On Elon Musk’s side, you have allegations of foul play by existing telecom giants in Tanzania lobbying to keep his Starlink from entering the market.

Also Read: Nickel: Africa’s new opportunity as Russia-Ukraine crisis rages on

On Tanzania’s side, you have authorities playing it safe with a clean-cut statement saying Elon Musk’s Starlink needs only to comply with the country’s regulation requirements, otherwise, Starlink is more than welcome to enter the market.

If the Twitter exchange is …

• Elon Musk Starlink satellite internet in Tanzania expected as early as first quarter of 2023
• Tesla to access nickel and cobalt from Tanzania’s Kabanga mines by 2025
• Tanzania, Kabanga form Tembo Nickel Corporation at 16% and 84% shares respectively

Elon Musk in Tanzania: Did you know, there are over 3250 satellites hovering in the Lower Earth Orbit over you? The number is not shocking, what is impressive is the entire satellite constellation is owned by a single company, Elon Musk’s Starlink.

In his ambitious effort to offer faster internet coverage globally, the world’s richest man actually plans to have as many as 42,000 satellites in the Lower Earth Orbit (LEO).

As we enter the New Year 2023, Tanzania is set to become the fourth African country to allow internet service provision from Starlink’s LEO satellites.

Even though Tanzania has already laid down some 7,910Km of fibre optic cable that …

Countries like China, the United States, Canada, the United Kingdom and Australia have already made significant investments in natural resources mining in Africa such as cobalt, lithium, copper, iron, and gold.

Africa’s top nickel producers are Madagascar, Zambia, Zimbabwe, South Africa and Côte d’Ivoire.

China’s Tsingshan Holding Group is the world’s largest nickel producer and it has an enormous investment in Zimbabwe.

Tsingshan Holding Group, however, faces US$8 billion in trading losses from the Russia-Ukraine crisis due to expectations that nickel prices will go down. In Zimbabwe, the Chinese company is building Africa’s largest iron ore mine and steel plant. The project is expected to be the Southern African country’s largest employer. With the ongoing crisis, losses could put Tsingshan’s investment in Zimbabwe at risk.…