In October 2022, lithium prices reached an all-time high. Lithium is an essential component for electric vehicle batteries, and with the current high ambitions in electrification of transport, demand for the mineral has been rapidly increasing, hitting a record price of $74,475 per tonne in October 2022. In Zimbabwe, where some of the world’s largest… Read more »
Tag: Energy
Russian Energy Policy Wriggles Under a Hard Ceiling
The enforcement of the price ceiling for Russian oil transported by sea enacted on December 5 is not a surprise, as this measure was being discussed by the Unites States and its key partners as early as September 2022. It is, nevertheless, important proof of the Western coalition’s undiminished resolve in undercutting Russia’s ability to… Read more »
The Ukraine Crisis and Its Impact on Africa’s Geopolitics: What Do We Know So Far?
“We are all living in Vladimir Putin’s world now” – Ivan Krastev On February 24, the world witnessed the full-fledged invasion of Ukraine led by the Russian President Vladimir Putin and his forces. Described as one of the most aggressive military acts seen in Europe since World War II, the military invasion of Ukraine has… Read more »
Putin’s First Assertive Move On the Energy Front Goes Astray
Combat operations on all key fronts of the Ukraine war continue non-stop, even if without decisive action, but the transit of Russian natural gas to Europe through the Ukrainian pipeline system continues without interruptions. This may appear aberrant given President Vladimir Putin’s well-documented propensity for “weaponizing” energy exports against European customers, most crudely during the… Read more »
Niger’s Kandadji Dam Project: Conflict Concerns
The Kandadji Dam project in Niger is projected to displace about 38,000 people living near the Niger River due to the ongoing activities. The economic development goals of the project are to address food, water and energy insecurities in the region. The initiative is part of the larger Niger River Basin scheme. Niger lies in a… Read more »
Pakistan’s Crippling Energy Crisis and Increasing Remittances
Deadly heat exposes Pakistan’s power problems. This summer CNBC run a report titled Deadly heat exposes Pakistan’s power problems after more than a thousand people died during heatwaves during the first days of Ramadan. Insufficient preparedness for the heatwave is largely seen as the cause of deaths, yet the context of the protracted electricity… Read more »
Oil and Military Intervention: Are the Conspiracy Theorists Right?
Since wars in oil-producing countries may affect the price of, and access to, oil, the so-called conspiracy theorists may be correct that the presence of oil may be a weighty factor in favour of intervention.