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Month: February 2026

Commodity Market Collateral > Blog > 2026 > February

U.S., China and India compete for Congo cobalt firm owned by Kenyan-Indian multimillionaire Shiraz Virji.

  • February 9, 2026
  • Stella
  • Finance
Virtus Minerals Inc., a Delaware registered firm led by veterans of the U.S. military and intelligence community, has agreed to acquire Chemaf SA and assume its liabilities, including debt...
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Shell Weighs Multibillion Dollar Venezuela Gas Investments.

  • February 9, 2026
  • Stella
  • Finance
Shell’s CEO Wael Sawan told CNBC the company is actively considering multibillion-dollar offshore natural gas investments in Venezuela that could start production in the next few years, pending regulatory...
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Rand gains 0.5% as gold climbs above $5,000 and dollar weakens

  • February 9, 2026
  • Stella
  • Finance
By 06:38 GMT, the rand was trading at about R15.97 to the dollar, around 0.5% stronger than Friday’s close. Higher prices for gold and platinum, two of South Africa’s...
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China reveals its plan to challenge the US dollar for dominance. Could it ever work?

  • February 5, 2026
  • Stella
  • Finance
China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar. Geopolitical uncertainty – driven...
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U.S. Sends $500 Million in Venezuelan Oil Proceeds to Caracas.

  • February 5, 2026
  • Stella
  • Finance
The United States has transferred the proceeds from sales of Venezuelan oil to Caracas, following a deal agreed by the two governments in January. The deal involved Venezuela “turning...
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U.S. could issue general license for oil companies to produce in Venezuela this week, source says

  • February 5, 2026
  • Stella
  • Finance
The Trump administration could issue a general license as soon as this week for companies to produce oil and gas in Venezuela, a person familiar with the plan. Chevron...
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Trump administration strikes $9bn copper deal to challenge China.

  • February 5, 2026
  • Stella
  • Finance
Donald Trump’s administration has taken a major stake in an African copper mine amid a scramble for mineral resource supremacy over China. On Tuesday, a fund backed by the...
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African Energy Bank rolls out $10bn first phase funding for Nigeria, 2 other countries

  • February 4, 2026
  • Stella
  • Finance
The announcement was made by Farid Ghezali, Secretary General of the African Petroleum Producers’ Organisation (APPO), during the opening of the 9th Nigeria International Energy Summit 2026 in Abuja....
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UAE, Saudi Arabia emerge as power brokers in Africa’s $133 billion clean energy future as US, UK funding slows.

  • February 4, 2026
  • Stella
  • Finance
The report, The Role of Middle East Leadership in Clean Energy Infrastructure Funding, argues that increasingGulf investment could help close Africa’s vast electricity access gap, support industrialisation, and advance...
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U.S.-backed consortium secures $9 billion deal for 40% of Glencore’s DR Congo copper and cobalt mines.

  • February 4, 2026
  • Stella
  • Finance
The transaction, announced on Tuesday, covers Glencore’s Mutanda Mining (Mumi) and Kamoto Copper Company (KCC) projects, two of the largest Western-owned producers of cobalt and copper in the DRC....
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Recent Posts

  • After years of disruption, South Africa lands $473m investment from world’s second-largest miner.
  • Gold Climbs as US-Israel Strikes on Iran Spark Safe-haven Demand.
  • BlackRock, EQT To Acquire AES Corp. in $33.4B Deal.
  • Gold fever hits Uganda as central bank plans its gold buying programme this month.
  • Nigeria bets on gas-powered mobility with campus refuelling as $575 billion investment plan begins

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After years of disruption, South Africa lands $473m investment from world’s second-largest miner. March 3, 2026
Gold Climbs as US-Israel Strikes on Iran Spark Safe-haven Demand. March 3, 2026
BlackRock, EQT To Acquire AES Corp. in $33.4B Deal. March 2, 2026
Gold fever hits Uganda as central bank plans its gold buying programme this month. March 2, 2026
Nigeria bets on gas-powered mobility with campus refuelling as $575 billion investment plan begins March 2, 2026

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After years of disruption, South Africa lands $473m investment from world’s second-largest miner. March 3, 2026
Gold Climbs as US-Israel Strikes on Iran Spark Safe-haven Demand. March 3, 2026
BlackRock, EQT To Acquire AES Corp. in $33.4B Deal. March 2, 2026

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