Browsing: Business

In 2024, Africa now contributes 3% of the global Bitcoin mining hashrate, with Ethiopia emerging as a key player by…

Barrick Gold Corp., the world’s second-largest gold producer, has warned that it may soon halt mining operations in Mali if…

South Africa faces an escalating gas supply crisis, exacerbated by political turmoil in Mozambique. The unrest, sparked by disputed October…

Kenya Airways is set to trade shares again on the Nairobi Securities Exchange (NSE) following the lifting of a suspension…

ArcelorMittal South Africa (AMSA) has announced the closure of its Longs Business, a decision that will lead to significant job…

Three Chinese nationals have been arrested in the eastern Democratic Republic of Congo (DRC) after being discovered with 12 gold…

Mozambique’s mining industry is facing an uncertain future as the nation grapples with ongoing political instability, triggered by a dispute…

Uganda’s Energy and Mineral Development Minister, Ruth Nankabirwa, has confirmed that the construction of the East African Crude Oil Pipeline…

In 2024, Nigeria’s power sector experienced significant developments, including policy reforms, infrastructure upgrades, and increased private sector involvement, all aimed…

On Friday, January 3, Harvesh Seegolam, the former Governor of the Bank of Mauritius (BoM), was detained upon his arrival…

Ethiopia has secured a $700 million loan from the World Bank to bolster financial sector reforms aimed at enhancing the…

Askari Metals has strengthened its Tanzanian uranium plans by partnering with a high-net-worth investor through Celtic Finance, raising $350,000 to…

Guinea is poised to strengthen its industrial base as China’s State Power Investment Corp. (SPIC) prepares to construct a major…

Uganda plans to initiate its third petroleum exploration licensing round in the fiscal year beginning July 2025, the government announced…

Tullow Oil announced that the International Chamber of Commerce (ICC) has ruled the Branch Profit Remittance Tax (BPRT) does not…

Montreal-based Aya Gold & Silver Inc. has announced plans to invest an additional $50 million in its Zgounder silver mine…