Our website use cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies.

Global tech billionaires eye Zambia’s electric vehicle battery mines, European Union eyes its avocados

Global tech billionaires eye Zambia’s electric vehicle battery mines, European Union eyes its avocados

SETH ONYANGO, BIRD STORY AGENCY MARKET optimism is spurring a rush of investments into Zambia's agriculture and mining sectors, giving the economy new growth impetus. Investors include Kobold, a consortium linked to tech titans Bill Gates, Jeff Bezos and Richard Branson, now tipped to stir up Zambia's Foreign Direct Investment (FDI) scene with planned investments into its mining sector. The California-based mineral exploration firm is eyeing the country's mines for electric vehicle components, leveraging reformist President Hakainde Hichilema's efforts to revitalise the economy. Upon his landslide poll victory in 2021, part of Hichilema's economic blueprint entailed placing an electric vehicle…
Read More
Elephants or avocados: a Kenyan dilemma

Elephants or avocados: a Kenyan dilemma

JACKSON NJEHIA and NAZANINE MOSHIRI THE majestic sight of elephants roaming beneath Mount Kilimanjaro has long lured throngs of wildlife-lovers to Amboseli National Park on Kenya's border with Tanzania. Yet the free movement of some 2,000 Amboseli elephants, along with two dozen other wildlife species plus cows owned by local Maasai people, may be under threat - from avocados. Kenyan agricultural company KiliAvo Fresh Ltd, which has farms near Amboseli on nearly 175 acres of land, is building nurseries and preparing to grow the fruit, whose popularity is growing worldwide due to its high nutritional value. Conservationists are aghast. They…
Read More