Category: Manufacturing
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Plunder Capitalism: Land Grab Tactics in West Africa
panafrican.email Private property is the cornerstone of individual and family wealth, especially in West Africa, where land is closely tied to identity, community, and survival. Yet, the phenomenon known as plunder capitalism is threatening the very foundation of this wealth, as private equity players and multinational corporations employ a range of tactics to seize land…
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US federal judge again dismisses Mexicoβs lawsuit against most gun manufacturers
A recent ruling by a U.S. federal judge in Massachusetts has again dismissed most of the Mexican government’s $10 billion lawsuit against several major U.S. gun manufacturers. The lawsuit, originally filed in 2021, sought to hold these companies accountable for the flow of firearms into Mexico, which the Mexican government argues contributes to the violence…
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EDF Suspends Small Nuclear Reactor Project Due to Technical Complexities
The French company EDF has decided to suspend its small nuclear reactor project. The reason is the problems arising from the excessive technical complexity of this device. French energy giant EDF has suspended its NUWARD small modular nuclear reactor (SMR) project. This decision was made due to the high level of technical complexity of the…
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CNN: Russian assassination attempt on Rheinmetall boss foiled
US intelligence discovered earlier this year that the Russian government planned to assassinate the chief executive of a powerful German arms manufacturer that has been producing artillery shells and military vehicles for Ukraine, according to five US and western officials familiar with the episode. The plot was one of a series of Russian plans to…
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Zimbabwean company takes steps toward lithium battery production, embracing value addition
In a move that aligns with President Emmerson Mnangagwa’s call for value addition and beneficiation of the country’s vast mineral resources, local company Verify Engineering has ventured into lithium battery production. Zimbabwe, boasting Africa’s largest lithium reserves, recently banned raw lithium exports, citing losses of US$1.8 billion due to smuggling. Verify Engineering, a state-owned company…
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