ZIMBABWE has called on gold miners across the country to ramp up their output in support of the recently launched ZiG currency. Mines and Mining Development Minister Winston Chitando highlighted this initiative during a meeting with miners in Harare on Monday.…
KENYA has been ranked as the sixth most attractive destination for mining investment in Africa, according to the Fraser Institute Global Annual Survey of Mining Companies for 2023. This ranking reflects the significant growth and reforms in the country’s mining sector.…
AFRICAN-BASED energy group, Engen, and pan-African retailer and distributor of high-quality fuels and lubricants, Vivo Energy, have successfully completed their merger, creating a dominant pan-African energy company. This transaction involves Malaysian energy giant Petronas divesting its 74 percent shareholding in Engen to…
THE Coca-Cola system, comprising The Coca-Cola Company and its authorised bottler Coca-Cola Beverages Africa (CCBA), has announced plans to invest up to $175 million in Kenya over the next five years, contingent on achieving its projected growth targets in the country. Sunil…
NIGERIA stands at a crucial stage of development, with immense opportunities and challenges ahead. As the government navigates through economic growth and social progress, it is essential to reflect on the lessons learned and to chart a course that ensures…
A PROMINENT Guinean civil society collective, the National Front for the Defence of the Constitution (FNDC), has issued a stern warning to the military rulers, threatening to reignite protests if they fail to relinquish power by the close of 2024.…
CHADIAN Prime Minister Succes Masra announced his resignation on Wednesday, just over two weeks after his defeat to junta chief Mahamat Idriss Deby Itno in presidential elections. Deby, who secured 61 percent of the vote, is set to be sworn in on…
THE EU on Tuesday announced that ministers from EU member states have agreed to use proceeds from frozen assets of the Central Bank of Russia (CBR) to support Ukraine’s military efforts. Under the agreement, 90 per cent of the profits…
THE European Union (EU) and African Development Bank (AfDB) are in the process of redefining their financing grants to catalyse Nigeria’s electricity industry to bridge the supply gap that has left about 95 million people in darkness. Chief Adetayo Olowoniyi,…
MIGRATION is a crucial driver of economic resilience, growth and prosperity, Amy Pope, Director-General of the International Organization for Migration (IOM), said on Tuesday. Pope said in Lagos that migrants were often a solution to some of the world’s most…
