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Pancontinental says first oil discovered offshore Kenya

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Furthermore, it is the only offshore oil column ever reported seaward of the eastern coastal margin of the African continent, from South Africa to the north- west tip of Somalia. Because of the Sunbird discovery we expect to see a significant increase in industry interest offshore Kenya. Location map. Click to enlarge.

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Roskill: Spread of COVID-19 threatens cobalt supply; bottlenecks out of DRC

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China is the world’s leading consumer of cobalt, with more than 80% of its consumption being used by the rechargeable battery industry. However, owing to the widespread closures in South Africa, most shipments are now having to be diverted to other neighboring ports such as Maputo in Mozambique or Dar es Salaam in Tanzania.

Supplies 307
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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If they have local demand for batteries cell manufacturers will move to the region to be close to their customers, particularly in the automotive industry. Africa has a wealth of critical battery raw materials and is in a position to use these to attract more value-add in downstream processing and manufacturing. Adesina.

Africa 221