Chakwera bets on rare earth boom to fix country's financial woes

Malawian President Lazarus Chakwera.
Malawian President Lazarus Chakwera. © Laurent Gillieron/EPA/MaxPPP
Amid an increasingly tense economic situation, President Lazarus Chakwera has welcomed progress made by the Canadian firm Mkango Resources on its rare earths project in Malawi. The head of state had promised to revive the country's mining industry by 2025 after a period of no large-scale production since 2014. [...] (378 words)
Issue dated 18/07/2022 Reading time 2 minutes
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