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TransportationDjibouti ranked Africa’s top port in World Bank and IHS IndexThe Port of Djibouti has been ranked as the top container port in Africa and 61st globally by the World Bank and IHS Markit’s latest global Container Port Performance Index. The recognition comes amid Djibouti’s US$15 billion investment plan for ports and...Continue Reading -
MiningIvanhoe Mines expedites first copper production at Kamoa-Kakula in DRCIvanhoe Mines has announced it is accelerating the construction and commissioning process at the Phase 1 Kamoa-Kakula copper concentrator plant in the Democratic Republic of Congo (DRC). The target date for C4 commissioning (milling of ore and first copper concentrate production)...Continue Reading
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MiningFortuna Silver Mines turns to West Africa with $884 million Roxgold acquisitionLatin America-focused Fortuna Silver Mines has announced a cash and stock deal worth US$884.3 million for Roxgold, a gold miner with projects in Burkina Faso and Côte d’Ivoire. TSX-listed Fortuna, which has operations in Peru, Mexico and Argentina, said the combined...Continue Reading
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COVID-19South African tech firm partners with UNICEF in global vaccine rollout programmeSouth 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...Continue Reading
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TelecomsMTN Group mulling separate listing of $5 billion mobile money businessSouth 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...Continue Reading
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