Technology DRC-Africa Business Forum: The DRC is positioned on the manufacture of lithium batteries
Africa internet riches plundered, contested by China broker
KAMPALA, Uganda (AP) — Outsiders have long profited from Africa’s riches of gold, diamonds, and even people. Digital resources have proven no different. Millions of internet addresses assigned to Africa have been waylaid, some fraudulently, including through insider machinations linked to a former top employee of the nonprofit that assigns the continent's addresses. Instead of serving Africa's internet development, many have benefited spammers and scammers, while others satiate Chinese appetites for pornography and gambling. New leadership at the nonprofit, AFRINIC, is working to reclaim the lost addresses.
The Democratic Republic of Congo (DRC) wants to produce lithium batteries locally and develop a regional value chain around electric vehicles and clean energies. It is the mad ambition displayed by the authorities who opened yesterday in Kinshasa, the DRC-Africa Business Forum.
The DRC-Africa Business Forum, which lasts two days, is organized in partnership with the United Nations Economic Commission for Africa (CEA). Félix Tshisekedi and his Zambian counterpart, Hakainde Hichilema opened the event in the presence of several officials and delegated ministers of Morocco and Gabon.
South Africa's Desmond Tutu turns 90 amid new racist slur
CAPE TOWN, South Africa (AP) — As South Africa's anti-apartheid icon Archbishop Desmond Tutu turns 90, recent racist graffiti on a portrait of the Nobel winner highlights the continuing relevance of his work for equality. Often hailed as the conscience of South Africa, Tutu was a key campaigner against South Africa's previous brutal system of oppression against the country's Black majority. After South Africa achieved democracy in 1994, he continued to be an outspoken proponent of reconciliation, justice and LBGT rights.
The DRC is positioned as the world's most competitive destination to install battery manufacturing plants. She wants to capture some of the "$ 8,000 billion" of revenue from the sale of electric vehicles at maturity 2025, "46,000 billion by 2050".
"The commitments are strong! Rejoicing Julien Paluku, Congolese Minister of Industry at our correspondent's microphone, Pascal Mulegwa . We were in negotiations already with the Federation of Congo companies and with the Gécamines, which is the general quarry of the mines, so that the first pilot plant is based in Lubumbashi. And mining companies are ready to supply this raw production plant. All the financiers of the world have signed the commitment to be able to accompany us in the establishment of this new dream.
Right ways and wrong ways to electrify America
While the case of ocean mining creates an especially clear portrait of risks to be avoided as we fast-track electrification, there are many other similar instances of potential environmental and social peril that could emerge. So how do we fight climate change by accelerating electrification - without creating problems with our solutions? There are at least three pathways for action.First, we must begin a revolution in battery technology.
Imagine that the study that was conducted by Bloomberg demonstrates that investing in the DRC costs the investor $ 39 million, while in the United States the same investment costs $ 117 million! So these are indicators like that we make at the disposal of the world, to create this feeling of attraction towards the DRC. And it's not me who says it. It is the study of Bloomberg which is an independent organization, which we have not blocked so that it will come out of the numbers that are in our favor! "
Albert Yuma, the President of the Congo Federation of Enterprises (FEC), requested at this ceremony to ensure "from the start of the participation of nationals with the capital of these joint ventures". He advocates "African protectionism" before "opening up to others".
In Africa, Blinken sees limits of US influence abroad .
DAKAR, Senegal (AP) — Traveling across Africa, U.S. Secretary of State Antony Blinken saw firsthand the limits of America’s influence abroad. Blinken confronted authoritarianism, growing threats from newly energized extremists, and persistent challenges posed by COVID-19 and climate change, all of which have stubbornly resisted various U.S. interventions. And, nowhere on his three-nation tour last week — to Kenya, Nigeria and Senegal — was he able to escape obvious signs of the intense competition between the U.S. and China: a geopolitical power struggle that has been playing out largely in China’s favor for the past two decades, especially in Africa.