🌐Weekly News Digest [ February 9 – February 15 ]
Last week, the mining conference in Cape Town became the first high-level venue to criticize American expansion into Africa - but what else happened?
💡Here are the key highlights:
🇨🇩 DR Congo
— South Africa’s Minister of Resources sharply criticizes his Congolese counterpart
— Washington urged an Australian mining firm AVZ to sell its major lithium project to a US company
🇱🇾 Libya
— Libya’s fails its first oil license auction in 17 years
🇲🇱 Mali
— The Malian government establishes a new state-owned mining company
— Mali approves a 10-year extension of Canadian gold miner's license
🇳🇪 Niger
— Niger’s military repels an attack by MPLJ militants on Chinese oil facilities
— Niger is ready to return the uranium confiscated from the French
🇳🇬 Nigeria
— Nigerian company loses asset in Equatorial Guinea
— Dangote Refinery reaches its design capacity for the first time
— US lawmakers introduce a bill claiming that Chinese illegal miners are paying Fulani militant groups
🇿🇦 South Africa
— Mining Indaba Conference concludes in Cape Town
🌍 Global
— State Department reveals the US strategy for Africa
#NewsDigest
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#FUN has established a breakout from its trendline after rebounding from the support zone. The price is anticipated to continue rising from its current level and is likely to test the previous swing high.
TF : 4H
Entry : $0.003263
Target : $0.003644
SL : $0.003008
#FUN/USDT analysis :
#FUN is currently consolidating within a resistance zone near the 200 EMA. A price rejection is expected from there, and a continuation of the downtrend is anticipated. Wait for the price to break below the trendline for a short entry.
TF : 2H
Entry : $0.00314
Target : $0.00287
SL : $0.00326