Canada’s Robex Resources has been running the Nampala gold mine in Mali since 2017. Since then, the mine has delivered 230,000 ounces of gold. Last year, the Malian government doubled its stake in the ...
This trial highlights the Congolese government's efforts to tackle illegal mining. Found guilty of illegal mining, three Chinese nationals were recently sentenced to seven years in prison in the ...
In October 2023, the African Development Bank reported that Africa’s progress on the SDGs remains uneven. With persistent challenges like poverty and limited energy access, a new study from the ...
The Enko Capital - Oronte consortium, a key player in African finance, announces the signing of an agreement to acquire Société Générale Mauritanie (SGM), marking a major milestone in strengthening ...
Galiano Gold's performance at the Asanko gold mine in 2023 reached a total production of 134,077 ounces. Although the company set final production expectations for 2024 between 120,000 and 130,000 ...
Angola plans to sell its surplus electricity supply, 2 GW, to its neighbors the Democratic Republic of Congo (DRC) and Zambia, as these countries struggle to meet their demands with their domestic ...
Robex Resources has acquired its second gold mine in West Africa, the Kiniero mine in Guinea. The Canadian firm aims to start production at Kiniero by late 2025. Its first mine is the Nampala mine in ...
Nigeria's overall inflation rate reached 34.8% in December 2024, up from 34.6% in November 2024. This marks the fourth consecutive increase since the rate was 32.15% in August 2024, the National ...
In this interview, Dahlia Khalifa, IFC Regional Director for Anglophone West Africa and Central Africa, highlights the institution's strong expansion across Africa. She emphasizes strategic priorities ...
The idea of breaking free from the U.S. dollar is not new in Africa, but it has gained momentum in recent years. In a context marked by high volatility in local currencies, challenges in accessing ...
So far, the negotiations with companies owning gold mines in the country have yielded $783 million (CFA500 billion) for Mali. Hummingbird is among the latest to have reached an agreement with Bamako.
During the Industrial Revolution, mechanization played a key role in boosting agricultural production. Africa, however, did not fully benefit from this. Now, in the era of digitalization, the ...