Mali’s gold output is said to have dropped 32% after Barrick halts the Loulo-Gounkoto mine. The government enforces a 35% local ownership requirement, thereby increasing state influence. Over 560B XOF ...
President Traoré signals plan to expand state role in gold exploitation New mining code allows state to raise free stake to 15% and buy 30% more Burkina Faso eyes 50% in Kiaka mine after moves on ...
Oil union PENGASSAN halted crude and gas supply to Dangote Refinery, accusing it of firing 800 Nigerian workers. The refinery briefly suspended fuel sales in naira, raising fears of renewed ...
Aurum will drill up to 130,000 meters in 2025 at its Boundiali gold project, up from the initially planned 100,000 meters. Resources at Boundiali already rose 50% this year to 2.41 million ounces, ...
Mark Bristow, who led Randgold before its 2019 merger with Barrick, has stepped down with immediate effect. The board has yet to name a permanent successor, appointing Mark Hill as interim deputy CEO.
Nigeria’s pension regulator raised minimum capital for pension fund administrators (PFAs) to ₦20 billion from ₦5 billion, and for pension fund custodians (PFCs) to ₦25 billion from ₦2 billion. The ...
Anthem targets 11 GW renewables in South Africa but faces tough land-use and ownership questions. • Kenya, Morocco, and Egypt show land strategy makes or breaks renewable projects. • Without clear ...
Botswana to launch citizenship-by-investment to attract capital • Program targets tourism, energy, housing amid diamond revenue slump • IMF urges deeper reforms as economy faces fiscal, credit ...
OCP revenue up 21% to $5.7B in H1 2025 • Growth driven by strong demand, rising global fertilizer prices • New production lines to boost output in second half of 2025 Morocco’s OCP Group, a major ...
Côte d’Ivoire signs $156.8M farm deal with Italy’s BF Group • 10,000-hectare project aims to cut food imports, boost crops • BF expands West Africa presence with projects in Ghana, Senegal Côte ...
Namibia’s Kameelburg rare earth deposit revised to 520M tons TREO • Multiple projects attract Japan, EU as demand shifts from China • Sector still faces financing, permitting hurdles before commercial ...
Uganda aims to cut $900M steel imports using local iron ore • New DRI plant, mining projects launched to boost steel production • Region sees similar moves; major projects underway in Nigeria, Guinea ...
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