Congo’s Gecamines offers $1 million to block Chinese deal with Chemaf
Chemaf agreed to sell its assets to Chinese defence and industrial giant, China North Industries Corp, or Norinco in June.
Africa’s largest steel producer, ArcelorMittal South Africa, was concerned about the prospects of sharply rising electricity prices. But CEO Nonkululeko Nyembezi-Heita indicated on Monday that she was more immediately concerned with South Africa’s