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Ethiopia inaugurates Africa's biggest dam
Ethiopia inaugurates Africa's biggest dam
Business and Economy
by  AFP

Ethiopia was set to inaugurate Africa's largest hydroelectric project on Tuesday that has promised to revolutionise the country's energy sector but sparked diplomatic rows with downstream neighbour Egypt. But neighbouring Egypt, dependent on the Nile for 97 percent of its water, sees a looming disaster.

Miners Anglo American, Teck plan new copper giant
Miners Anglo American, Teck plan new copper giant
Business and Economy
by  AFP

British mining group Anglo American and Canadian peer Teck Resources on Tuesday announced plans for a multi-billion-dollar merger, creating a champion of copper production and other critical minerals. "This merger of two highly complementary portfolios will create a leading global critical minerals champion headquartered in Canada," Teck chief executive Jonathan Price said in the statement.