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Commodity Market Collateral > Blog > Finance

Africa’s $29.5 trillion mineral jackpot isn’t the real story, it’s the $8.6 trillion we haven’t touched.

  • February 10, 2026
  • Stella
  • Finance
But the real story is the part that remains untouched. More than US$8.6 trillion in African mineral deposits still lie undeveloped. This is roughly two and a half times...
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Nigeria signs deal with South Korea to launch Africa’s first electric vehicle factory.

  • February 10, 2026
  • Stella
  • Finance
The agreement, signed on January 30, 2025, by Minister of State for Industry Senator John Enoh for Nigeria and AEDC Chairman Yoon Suk-hun for South Korea, marks a major...
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Russia, Ethiopia trade racks $435 million in coffee and machinery sales.

  • February 10, 2026
  • Stella
  • Finance
The Russian Ambassador to Ethiopia, Evgeny Terekhin, disclosed the figures in comments to Russian state media, attributing the sharp rise to stronger exports of fertilisers, agricultural machinery, and energy...
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China is “selling” America, but the rest of the world is still buying.

  • February 10, 2026
  • Stella
  • Finance
The past few months have produced a strange contrast in global markets. Headlines warn that China is cutting back on US treasuries while the dollar slides and confidence in America is...
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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 clears Strait of Hormuz reopening as U.S.-Iran peace framework sparks oil crash, gold and silver surge, stock market rally. June 15, 2026
Oil sinks as US-Iran deal boosts outlook for reopening of Hormuz. June 15, 2026
Dangote refinery boosts Nigerian crude buying as Middle East conflict reshapes oil trade. June 15, 2026
Oil Prices Plunge as U.S. and Iran Reach Deal to Reopen Strait of Hormuz. June 15, 2026
Global growth is slowing to lowest level since pandemic, says World Bank.. June 13, 2026

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Trump clears Strait of Hormuz reopening as U.S.-Iran peace framework sparks oil crash, gold and silver surge, stock market rally. June 15, 2026
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Dangote refinery boosts Nigerian crude buying as Middle East conflict reshapes oil trade. June 15, 2026

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