Orom-Cross’s annual output is forecast at 100,000 tonnes by 2026. The project could thus become Uganda’s top graphite mine by then. The venture requires an initial investment of $62 million, a sum ...

Glencore has long been involved in the Zanaga iron ore project in the Republic of Congo, which holds billions of tonnes of reserves. In 2022, Glencore converted its interests in the project into ...

Chilean company Sociedad Quimica y Minera (SQM), the world’s second-largest lithium producer, is entering Africa with its first project in Namibia. Despite the recent drop in lithium prices, SQM ...

Castle Minerals has focused on its Kambale graphite project in Ghana for years. Amidst rising gold prices and a slowing graphite market, the company has been shifting its attention to gold projects in ...

Egypt, the leading importer and producer of wheat, heavily relies on imports, estimated at 55 to 60%, to meet its wheat consumption. To strengthen its food security, the country plans to build six ...

Lucara Diamond's Karowe Mine in Botswana will shift from open-pit to underground mining by 2028. This change coincides with adjustments in the company’s leadership. Melissa Harmon has joined Lucara ...

BII and Ghana International Bank (GHIB) have announced a partnership to finance cross-border trade in Sierra Leone, Liberia, Gambia, Benin, the DRC, Rwanda, and Tanzania. The deal aims to improve ...

Traditional telecom models are becoming outdated, prompting a shift to cloud-based platforms that reduce operational costs while enhancing scalability and efficiency. This move future-proofs MTN’s ...

Nigeria’s retail mobile network Liv.ing launched its Mobile Virtual Network Operator (MVNO) on February 25. It aims to transform how Nigerians connect and live. Besides talk time, the platform ...

The Middle East has surpassed Africa as the top recipient of Chinese commitments under the Belt and Road Initiative, launched by China in 2013. However, Guinea, Liberia, the Republic of Congo, and ...

Generative artificial intelligence (AI) is reshaping industries across the globe, but in Africa, it is also being used for increasingly sophisticated fraud. Criminals are harnessing AI tools to create ...

Afreximbank’s report suggests that Africa’s debt outlook should improve by 2028, driven by lower interest rates, progress in debt restructuring efforts across several countries, and a more favorable ...