….to protect the mines. By Tshepo Magagane A pantomime of the leopold-era for SNL. Sierra Leone first lady put it best “for every USD100m of minerals that leave the country, we get USD10,000”! Protecting the Congolese Minerals from the Congolese who own them. The DRC can never have peace until the Congolese have peace. This […]
The Sulphur Acid… Acid Test
Africa’s supply chain crisis is not about oil. It is about what sits beneath it. By Ceaser Siwale Everyone is watching Crude. The downstream has already moved past it. Sulphuric acid is not a commodity most people track. It should be. It underpins phosphate fertiliser, copper cathode production, cobalt processing, and a chain of industrial inputs […]
Stop Pitching. Start Aligning.
Why the Smartest Investors in Africa Are Winning Deals Before They Walk Into the Room By Ceaser Siwale | March 2026 There is a hard truth that many in the boardroom still struggle to grasp: in the African investment landscape, the pitch is often over before you even walk through the door. As Amne Suedi recently observed, […]
Africa, These Minerals Belong To Us
By Tshepo Magagane The West is underpinned by the wealth that has been extracted from Africa. For Zambia to get to 3Mtpa, you need 800ktpa to come from Independent Projects. From MRE, PFS, BFS, PF; it will take USD12-15bn. However, when these projects come into production – they will be throwing off that much in […]
You Can’t Have One Without Copper!
By Tshepo Magagane https://archive.is/20260323202345/https://foreignpolicy.com/2026/03/23/climate-change-world-order-green-transition-fossil-fuel/ [The liberal international order’s replacement thus won’t be negotiated in Geneva or adjudicated in The Hague. It will be determined by who controls the energy flows, mineral deposits, and technological systems on which all modern life now depends. The cost of oil extraction in the Gulf is the lowest in the […]
Why Are There Issues With Mining Pipeline
By Tshepo Magagane …every other analyst wanted to avoid the mining team! “dont be stupid, you are going to make your money in extractives” an Aussie MD to me as a junior talking about a rotation into the healthcare team (top notch team)… …when Ken passed on, I knew that we were approaching Peak China […]
Washington Is Holding Zambia’s HIV Patients Hostage for Minerals.
OPINION: Washington is threatening to withhold HIV treatment unless Zambia hands over access to its copper and cobalt. The terms are worse than anything offered to any other African country. But Zambia has more leverage than it thinks. By Savior Mwambwa Mr. Mwambwa works on economic sovereignty and development finance in the global majority countries. […]
Mineral Ownership
By Tshepo Magagane Minerals Ownership – it is at a state, community and individual level. We have been conditioned as Africans to believe that 1. Our minerals are not worth anything 2. We dont deserve to be participants in the ecosystem 3. We should be grateful for any crumbs that are throw our way! Steve […]
Guyana: Africa’s Lessons, the Caribbean’s Energy, and a Frontier Market Coming of Age
By Ceaser Siwale I arrived in Georgetown on a Saturday morning. Seven days later, I left having witnessed one of the most compelling emerging market transformations I have encountered since the early commodity booms in sub-Saharan Africa. Guyana is not just growing — it is being rebuilt from the ground up, in real time, and the […]
What is China thinking on Rio?
Written By Tshepo Magagane I would be eyeing Escondida if I were them – Stake at holdco is let us say about 10bn greater than Q&D NAV of 30% of Escondida – so you get that 30% in Escondida! And that 10 you say, give us Oyu…and go Glencore, we will give you a marketing […]