South African Internet of Things (IoT) solutions provider Beyond has agreed to support United Nations Children's Fund’s (UNICEF) global COVID-19 vaccine rollout with its remote temperature monitoring technology. The company has entered into a long-term agreement with UNICEF, who are responsible for distributing vaccines to 92...
South Africa’s MTN Group has valued its mobile money arm at about US$5 million ahead of a potential listing of a minority stake by the telecommunications giant. The valuation comes after Mastercard and TPG Holdings invested $300 million in Airtel Africa’s mobile money business, giving it...
The latest exploration drilling conducted by West African gold producer Perseus Mining has ‘demonstrated potential for organic growth of gold inventories across its multi-mine asset portfolio'. In an update to the ASX, Perseus reported ‘encouraging results’ at the Govisou prospect, located 3 km from its Yaouré...
The Democratic Republic of Congo (DRC) has confirmed that operations have begun at Entreprise Générale du Cobalt (EGC) – an enterprise that aims to oversee the purchase and sales of cobalt produced by artisanal miners. The state-run company was created a year ago to help control artisanal supplies...
South Africa has officially initiated a new round of bidding for 2.6GW of green energy projects under the Renewable Energy Independent Power Producers Procurement Programme (REIPPPP). The long-awaited Bid Window Five of the REIPPPP was opened by South Africa’s Minister for the Department of Mineral Resources...
LSE-listed Capital Ltd has described the current trading conditions as ‘the best in its history’, amid releasing its full-year financial results for the COVID-impacted 2020. The Africa-focused mining services firm said demand for drilling services – its traditional service offering – increased strongly from the last...
The chief executive of Sibanye-Stillwater has floated the idea of South Africa’s biggest mining companies merging to rival the world’s largest gold producers Newmont and Barrick Gold. Neal Froneman said he believed that combining Sibanye with fellow JSE-listed miners Gold Fields and AngloGold Ashanti would be...
A recently signed trade deal between the UK and Kenya will be extended to Burundi, Uganda, Rwanda, South Sudan and Tanzania, according to multiple media reports in Kenya. For several weeks, the UK-Kenyan Economic Partnership Agreement faced threats of not being ratified from both members of the...
Endeavour Mining has underlined its prospects for organic growth after completing a positive pre-feasibility study (PFS) for its two most advanced gold projects in West Africa. The Fetekro project in Côte d’Ivoire has the potential to be a future cornerstone mine for Endeavour, the company said,...
Burundi and Tanzania have revealed they are aiming to raise US$1.9 billion for the construction of a railway line linking the two East African countries. The 190 km rail line will connect the Burundian city of Musongati to Isaka in Tanzania, opening up the potential for...