Zimbabwe is on the verge of new riches as it pledges to significantly increase its production of lithium used in batteries for electric vehicles. If its production potential is realized, the metal will bring the African country fabulous wealth, say analysts. Zimbabwe aims to supply 10 percent of the world’s lithium and could reach 20 percent, the mines minister from …

 Germany and Ghana are to work together on issues including economic cooperation and migration. President Nana Akufo-Addo will also back Germany’s bid for a permanent place on the UN Security Council. Calling for reform of the UN Security Council, Akufo Addo said he supported Germany’s claim for a permanent seat, after meeting Chancellor Angela Merkel in Berlin on Wednesday. The …

Nigerians are getting poorer despite the country’s slow recovery from recession, and economic reforms are urgently needed, the International Monetary Fund (IMF) said in a report seen by Reuters on Wednesday. The Fund expects the government to “muddle through” in the medium term, and any progress could also be threatened if elections next year consume political energy and resources, the …