The Cameroonian government has announced its intention to acquire 58.08% stake in the local subsidiary of Société Générale. The country offered $191.6 million, according to letter from the Ministry of ...
Burkina Faso produced about 67 tonnes of gold in 2021. Since then, production has steadily declined due to security challenges. Despite new projects, the future of the gold sector remains uncertain.
Resolute Mining produced 2% more gold in 2024 than in 2023. However, the output was below the firm’s target for the past year, and it is expected to record a decline in production this year. Resolute ...
Perseus Mining, an Australian company, runs the Yaouré and Sissingué gold mines in Côte d'Ivoire, producing over 300,000 ounces annually. Last year, the firm’s revenues soared thanks to a roughly 30% ...
The future looks brighter for uranium as interest in nuclear power grows. In Niger, the Canadian company Global Atomic aims to take advantage of this trend and speed up the Dasa project. Global Atomic ...
(Ecofin Agency) - In the coming years, intra-African trade, especially through the AfCFTA, could boost factoring by making inter-business transactions easier. Currently, the factoring market is still ...
The Central Bank of Ghana has been buying gold to boost its foreign exchange reserves for several years. This initiative has significantly raised the country's gold holdings, making Ghana Africa's top ...
(Ecofin Agency) - On Monday, January 20, Chinese artificial intelligence company DeepSeek launched its new AI-powered chatbot, R1. Within days, R1 climbed to the top of the most downloaded free apps ...
Kibali, Africa's largest gold mine, is jointly operated by Barrick, AngloGold Ashanti, and the Congolese state-owned company Sokimo. After producing 762,000 ounces in 2023, the mine recorded an 8% ...
(Ecofin Agency) - The humanitarian situation in the DRC is worsening as fighting intensifies in the eastern part of the country. Already critical after decades of conflict, security has deteriorated ...
(Ecofin Agency) - As artificial intelligence (AI) continues to reshape industries in an increasingly digital world, its impact on cybersecurity—a key pillar of the fourth industrial revolution—is ...
In December 2024, the United Nations and its humanitarian partners called for $7.6 billion in funding for 2025 to support 35 million people affected by crises in West and Central Africa. President ...