US Turns to DR Congo for Tin Supply in $65 Million Push to Revive Domestic Smelting
For African mineral producers, the development highlights an opportunity beyond extracting and exporting raw materials. As major economies compete to…
Solar Industries Wins 99.97% Backing for $1.3 Billion Omnia Takeover
The Indian group serves customers in more than 90 countries and operates manufacturing facilities in 11 countries. It was valued…
Tanzania Revisits PPP Law as Auditors Expose Contract Approval Failures
Tanzania has established legal safeguards, but compliance, institutional capacity and contract supervision remain critical weaknesses. Its own PPP implementation strategy…
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South African Rand Edges Higher as Investors Await Key Economic Data
The South African rand strengthened slightly on Wednesday as investors positioned themselves ahead of a series of economic figures expected…
Five African Heads of State Gather as Dangote Breaks Ground on $16bn Lamu Refinery
President William Ruto explained why several African leaders who had been expected at Wednesday’s groundbreaking of the Ksh2 trillion ($16…
Kenya Bets on Home-Refined Gold as Its First Large Mine Takes Shape
By Terryanne Chebet Kenya will ban exports of unrefined gold and make its central bank the first buyer of local…
Ghana Turns to Domestic Investors for $1.4 Billion Cocoa Financing
Ghana is turning to its own capital markets to raise $1.4 billion for its cocoa industry, as the country seeks…
Dangote Responds to Lamu Refinery Court Ruling Ahead of Sept. 30 Groundbreaking
Nigeria’s Dangote Group has maintained that a Kenyan court ruling over a land rights dispute will not stop the groundbreaking…
Dangote’s KSh2 Trillion Lamu Refinery Land Dispute Hearing Pushed to October
Billionaire Aliko Dangote’s proposed Ksh.2 trillion ($15 billion) oil refinery in Lamu has cleared its first legal hurdle after a…