News

African Gold reported inferred resources of 452,000 ounces at 2.9 g/t gold for the Blaffo Guetto deposit within its Didievi project in Côte d'Ivoire. The company expects this figure to rise with ...
Volt Resources drilled its Guinea gold projects in 2021 to test mineralisation at key prospects. Its assets include the Kouroussa project, which is close to Hummingbird Resources' gold mine. Volt ...
Benin is moving to digitize public procurement to simplify processes and increase transparency. • New regulations have been introduced to strengthen governance and modernize the sector. • The reform ...
Guinea, the world’s second-largest bauxite producer, faces a critical challenge as it seeks to process its bauxite locally. The government, led by Mamadi Doumbouya, must secure clean energy in large ...
Barrick Gold Corporation produced 3.9 million ounces of gold and 195,000 tonnes of copper in 2024. The world’s second-largest gold producer plans to double its copper output by 2031. The Canadian also ...
Somalia has secured a debt relief agreement worth $306.5 million with the Arab Monetary Fund (AMF). • The agreement aims to ease Somalia's financial burden and support its ongoing economic reforms. • ...
Burkina Faso raised 40.35 billion CFA ($67 million) in a recent bond auction but had to accept high interest rates. • Investor confidence is shaken following a government request for commercial banks ...
The Moroccan government aims to boost exports by using digital platforms to unlock the untapped potential of its export market. • A partnership agreement was signed on April 9 to advance the digital ...
Africa’s first and second-largest uranium producers, Namibia and Niger, exported most of their output to China and France. However, new producers, like Mauritania, are now emerging, resulting in the ...
Mali's 2023 Mining Code was applied to the Bougouni lithium mine project. Under the memorandum of understanding signed on the occasion, Bamako required a $15 million payment, split into two equal ...
A new piece of legislation, known as the 'CEMAC Act,' is drawing attention to the management of foreign reserves in Central Africa’s six CFA countries—Cameroon, Gabon, Chad, Congo, Central African ...
Africa processed 65% of global mobile money transaction value last year, or $1.1 trillion. • The continent also led in volume, accounting for nearly 82 billion of the 108 billion global transactions.