Africa

South African Minister of Mineral Resources and Energy, Gwede Mantashe, made a direct appeal to investors at the 30th AOW: Investing in African Energy Conference: “Investors, we are not saying come to South Africa as a tourist destination, we have deposits, come and invest.” Mantashe emphasised the significant untapped potential …

With recent geopolitical events highlighting the vulnerabilities of global energy supply chains, Africa is attracting increasing attention as a reliable and promising source of oil and gas. As the world seeks to diversify its energy portfolios and ensure security of supply, investors are recognising the immense potential of Africa’s underexplored …

Africa’s once-promising allure for mining exploration has dimmed considerably, according to the latest Fraser Institute Survey of Mining Companies. The continent now houses the most jurisdictions ranked at the bottom of the global attractiveness index, raising concerns about policy uncertainty and environmental regulations. While rich in mineral wealth, numerous African …

With Africa holding 30 percent of the world’s mineral reserves, the industry is poised for further investment as operations scale across the continent, notably in Southern and central Africa. Bata Industrials South Africa, a South African-based safety shoe manufacturer, believes in the need to begin with the basics of a …

First Quantum Minerals (FQM), Zambia’s leading taxpayer, has expressed strong support for the Bank of Zambia’s Export Proceeds Tracking Framework. This initiative aims to ensure transparency in tracking foreign exchange earned from exports through local bank accounts. Implemented in January 2024, the framework requires exporters to link their export records …

The Africa Centre of the Atlantic Council is embarking on an innovative three-year programme dedicated to critical minerals in Africa. With Africa housing 30% of the world’s critical-mineral reserves, the continent assumes a pivotal role in twenty-first-century supply chains, especially for electric vehicles, lithium batteries, cellphones, medical scanners, and military …

The world’s yearning for clean energy could find its answer in a surprising alliance: a minerals “Super Region” uniting Africa, the Middle East, and South Asia. This bold vision, championed by Wood Mackenzie, proposes pooling the vast mineral resources of these regions – home to critical elements for renewable technologies …

Get ready for a seismic shift in African mining, as Mining Indaba 2024 prepares to rock Cape Town, South Africa, from February 5th to 8th. This year’s conference, aptly themed “Embracing the Power of Positive Disruption: A Bold New Future for African Mining,” promises to rewrite the script for the …

Reduced supply from major copper producers Panama and Peru may flip the global copper market into a deficit from surplus in 2024 or at least tighten oversupply if the disruptions are not resolved in coming months, analysts said on Tuesday. Panama’s top court on Tuesday ruled that Canadian miner First …

Germany has pledged to invest 4 billion euros in Africa’s green energy until 2030. The announcement was made by German Chancellor Olaf Scholz in Berlin after meeting African leaders and heads of international organisations including the President of the African Development Bank Group Dr. Akinwumi Adesina, during the G20 Compact …