The financing needs for 2025 are estimated at CFA1,200 billion ($1.9 billion), including CFA610 billion through medium- and long-term debt issuance and CFA545 billion raised on the regional financial ...

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 ...

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 ...

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 ...

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 ...

(Ecofin Agency) - Mozambique hosts Africa’s biggest graphite mine. Since 2021, the mine’s output has gone to the U.S. to make batteries. Syrah Resources runs the mine. On January 13, 2025, Syrah ...

(Ecofin Agency) - Earlier this year, Barrick Gold, a Canadian firm, announced that the Malian government planned to seize its gold stock. The company warned it would stop production if this happened.

(Ecofin Agency) - Africa’s GDP is projected to grow by 4.2% in 2025, according to the latest Foresight Africa report published by the Brookings Institution this week. This forecast suggests an ...

Côte d’Ivoire became the first sub-Saharan African country to raise Eurobonds since 2022. Following this, Moody's upgraded its credit rating, thanks in part to its efforts to mobilize domestic revenue ...

Africa's external debt has reached $1.15 trillion, and the report highlights that interest payments account for more than 25% of public revenues in six African countries, including Egypt, Nigeria, and ...