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Maggie Mutesi

Can DR Congo benefit from the global cobalt rush?

Peugeot, Renault, Tesla, Volkswagen and Volvo share two conspicuous things in common. One, is they are car manufacturers who command a large share of the global market. And the second, which may be little unknown to the common driver, is their reliance on cobalt to manufacture the vehicles that have...

Maggie Mutesi

Investment flows to Ghana jumped 32%, defying the pandemic

Ghana defied the pandemic to record $829.29 million worth of foreign direct investment (FDI) in the first half of 2021, a clear signal of the West African country’s attractiveness to investors. The FDI amount of $829.29 million was a remarkable increase of 32.15 percent in inbound...

Maggie Mutesi

What can Africa gain from China's growing investments?

Over the last twenty years, China has strengthened its relationship with Africa by providing low-interest loans, constructing mega infrastructure projects, buying more oil, bauxite, and natural gas, and of course, exporting cheap manufactured products. It’s now almost impossible to separate China from Africa. And some African countries like Ethiopia,...

Maggie Mutesi

Africa must rethink debt accumulation

Even before the coronavirus pandemic swept through the continent, African countries were rapidly raising their debt ceilings. Heads of State flocked to China, as the world’s second largest economy granted loans at will, with little, if any, preconditions. Faced with a first recession in 30 years, the continent’s...

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