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Kenya to set up sovereign wealth, infrastructure funds
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Kenya to set up sovereign wealth, infrastructure funds

The infrastructure fund will be used to boost farming - the biggest economic sector in Kenya - especially to improve production of crops, President William Ruto said. Kenya is setting up a sovereign wealth fund and an infrastructure fund to invest in key sectors without repeating a debt binge tha...

DRC to ban cobalt exporters over breach of quota system
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DRC to ban cobalt exporters over breach of quota system

The Democratic Republic of Congo, which accounts for about 70% of global cobalt output, halted exports in February after prices of the critical electric battery metal hit a nine-year low. The Democratic Republic of Congo will permanently ban cobalt exporters that violate its new quota system, Pre...