News
DR Congo moves to secure stake in $270 million Zambia power link amid mining energy crunch
1+ hour, 30+ min ago (32+ words) DR Congo plans a stake in a $270 million Zambia power project to tackle mining sector energy shortages, as rising demand exposes a 5, 000 MW electricity deficit. | Business Insider Africa...
Mozambique signals move to join Africa's mining revolution with 15% state stake and export ban
5+ hour, 3+ min ago (536+ words) Mozambique is moving to tighten control over its vast mineral wealth, proposing sweeping reforms that will grant the state a minimum 15% stake in all mining projects while banning the export of unprocessed minerals. A draft revision of the country's mining…...
How a $54. 5m military contract dispute dragged the DRC into US court amid insecurity, mineral tensions
1+ day, 2+ min ago (377+ words) A military aviation contract signed in 2020 between the Democratic Republic of the Congo (DRC) and Material Aviation Technologie Navigation (MATN) has escalated into a $54. 5 million legal dispute now unfolding in US federal court, adding to the country's growing exposure to…...
Australian miner targets South Africa gold revival 7 years after losing top spot to Ghana
1+ day, 25+ min ago (672+ words) South Africa's gold industry is drawing renewed investor interest as a wave of smaller, lower-cost projects and modular technologies begins to reshape a sector that has lost more than 70% of its output over the past two decades. The shift marks…...
South Africa and Egypt rank among top emerging markets for FDI confidence in 2025
10+ mon, 3+ day ago (19+ words) South Africa and Egypt are the only African nations in the 2025 FDI confidence ranking. | Business Insider Africa...
Zambia wants U. S. deal tying health funding to strategic minerals access to be negotiated separately
1+ day, 21+ hour ago (277+ words) Zambia has pushed back against a U. S. proposal to link health funding to access to critical minerals, revealing new details on why negotiations between the two countries have stalled. Foreign Minister Mulambo Haimbe said the United States had offered up to…...
South African businessman leads takeover of one of Africa's largest nickel-cobalt mining operations
4+ day, 1+ hour ago (395+ words) A South African businessman, Sandile Zungu, is a key figure in a consortium involving his investment firm, Zungu Investments, and former Glencore nickel trading executive Jason Kluk, in a deal to acquire a stake in one of Africa's largest and…...
Ibrahim Mahama-led Damang mine delivers first 110kg of gold to Bank of Ghana after ownership takeover
4+ day, 22+ hour ago (384+ words) Ghana's Damang Gold Mine Limited, now controlled by businessman Ibrahim Mahama, has offloaded its entire first batch of 110kg of gold production to the state-backed Gold Board, in a move aimed at strengthening the country's foreign reserves. This comes amid Ghana's…...
Botswana's goal to shift from "diamonds to critical minerals takes it deeper into the Gulf region
3+ week, 1+ day ago (127+ words) Seeking to diversify its revenue streams, Botswana has engaged in some agreements with Oman to collaborate on mineral exploration, oil storage infrastructure, and renewable energy initiatives. | Business Insider Africa...
Congo initiates plans to crack down on mining companies breaking the law
1+ week, 4+ hour ago (508+ words) The president of the Democratic Republic of Congo (DRC), Felix Tshisekedi, recently informed his council of ministers that the country must audit its mining joint ventures to ensure that businesses are complying with national regulations, including the repatriation of export…...