[U.S. Company to Build $6.2 Billion Hydropower Project and Data Center in Lesotho] According to a report by Jinse Finance on June 5, Bloomberg stated that U.S.-based technology company Convalt Energy has agreed to invest $6.2 billion to construct a 1,200-megawatt hydropower project and an artificial intelligence data center in Lesotho. Government spokesperson Boithatelo Rabele said this largest foreign investment in the southern African nation will help reduce the country's reliance on energy imports and create job opportunities. This investment is expected to inject much-needed vitality into Lesotho's economy. During the initial rounds of trade measures under Trump, the impoverished landlocked country faced some of the world's highest tariffs. Although tariffs were later reduced, the uncertainty disrupted Lesotho's denim manufacturing industry and led to thousands of job losses.