Category: Semafor

Lithium miners ‌in Zimbabwe asked the government for more time to build processing facilities before a ban on concentrate exports takes effect in January 2027, Reuters reported. The leader of a lithium producers’ trade body said regulators had been asked for an extension because attempts to complete plant construction ahead ...

Botswana secured $100 million to build its first large-scale solar plant that will sell power to a regional market, as investors bet that rising electricity demand will offer lucrative returns on surplus power. The 100-megawatt Tati Solar Project is set to begin commercial operations next year, after securing financial arrangements ...

African leaders agreed on a framework to demand reparations for the transatlantic slave trade, as well as debt relief. The agreement at a summit hosted in Ghana by President John Dramani Mahama and attended by the presidents of Liberia, Namibia, and Senegal comes on the heels of a UN declaration ...

The News Gulf sovereign wealth funds are expected to look for ways to do more deals and profit from market volatility caused by the Iran war over the next few months, according to US asset manager TCW’s top executive in the region. Sovereign investors across the region, which together control ...

The News South Africa will raise the alarm over the steep decline in global health aid at a UN HIV/AIDS meeting opening today, officials said, which comes as the US plans to permanently cut its $8 billion HIV relief programme, pushing the country’s fragile coalition government toward a fiscal and ...

China imposed export restrictions on 10 US companies, including two rare-earths firms backed by Washington, marking the latest escalation in recent Sino-American trade tensions. Under the new rules, Chinese firms will be barred from providing them with dual-use equipment that could be used for military ends. Rare earths have become ...

Colombian right-wing candidate Abelardo De La Espriella won the country’s presidential run-off, marking the latest sign of Latin America’s drift to the right. Colombia joins Argentina, Bolivia, Chile, Ecuador, Honduras, and Perú, where voters have increasingly favoured conservative leaders in the face of rising crime and slowing economic growth. Some ...

The News Abu Dhabi-backed AI firm AIQ is looking to sell its products in the US, against the backdrop of the UAE’s $1.4 trillion investment commitment into the world’s largest oil producer. AIQ, a joint venture between state oil company ADNOC and Presight (itself a unit of AI firm G42), ...

One of America’s oldest magazines is investing in video after seeing notable growth in its audience in recent months. On Monday, The Atlantic’s flagship podcast, , will expand to produce twice-weekly episodes. Adam Harris will host a new video episode on Mondays that promises to focus on “the stories that ...

The News David Droga is unsentimental about how artificial intelligence is already reshaping the industry that made him advertising’s closest thing to a household name. Originality can’t be duplicated, he told Semafor in a recent conversation about the state of the advertising business, so the end result will be the ...