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19 May

Posted at 14:36h in by admini5ter

Firefinch and JV partner Ganfeng approve Goulamina Lithium Project in Mali

Motsepe-backed African Rainbow Minerals to acquire Bokoni platinum mine for R3.5 billion

Barrick subsidiary to acquire six prospecting areas in Tanzania

Thor Explorations publishes initial mineral resource for Makosa deposit in Senegal

Northam Platinum secures R17 billion deal for RBPlat under the nose of Implats

Wassa gold mine in Ghana to come under Chinese ownership following $470 million sale

Atlas Foundation hands over DigiBus to Cape Town rugby academy

South African coal miners arrive at ‘landmark’ renewable energy MoU with Eskom

BHP reportedly looking at DRC copper project in unexpected strategy shift

Endeavour targeting 15-20 million ounces of gold discoveries in new exploration outlook

Minerals Council announces support for South Africa’s transition away from coal

ECOWAS unlikely to impose economic sanctions on Guinea following military coup

Eskom to allow customers to choose power exclusively from renewables

Safaricom tops list of most valuable brands in East Africa

Milestone moment for Nigeria as Thor pours first gold a Segilola mine

Barrick Gold expands exploration portfolio into Egypt after tender win

Burundi Government suspends Africa’s only producing rare earths mine

Positive drill results at Ghana project boost Newcore Gold share price

South Africa’s economic COVID recovery knocked by serious civil unrest

SoftBank and Smart Africa announce partnership to boost African broadband penetration

B2Gold begins arbitration proceedings against Mali over exploration licence

Australia’s Fortescue in talks to develop mega hydro project in DRC

African CEOs less optimistic on global economic outlook: PwC report

Higher gold prices lift Mali’s gold mining revenue 13% in 2020

DRC bans copper and cobalt concentrate exports

Nigerian Breweries Plc aims for 70% renewable energy by 2030

Invest Africa and Absa Group announce collaboration supporting African business investment

Djibouti ranked Africa’s top port in World Bank and IHS Index

Ivanhoe Mines expedites first copper production at Kamoa-Kakula in DRC

Fortuna Silver Mines turns to West Africa with $884 million Roxgold acquisition

South African tech firm partners with UNICEF in global vaccine rollout programme

MTN Group mulling separate listing of $5 billion mobile money business

Perseus Mining reports exploration success at Côte d’Ivoire gold mines

Operations commence at DRC’s artisanal cobalt mining enterprise

South Africa opens new bidding round for 2.6GW of renewable energy projects

Africa-focused mining services provider Capital reports 24% earnings rise in 2020

Sibanye boss Froneman proposes three-way merger with top South African miners

UK-Kenya trade deal to be extended to five additional East African states

Endeavour completes PFS for two advanced gold projects in West Africa

Burundi and Tanzania reveal $1.9 billion railway construction plan

Altus Strategies acquires new gold exploration licences in Egypt

Africa remains fertile ground for investment, says AfDB president

Lucapa Diamond makes strong start to 2021 with $5.6 million sale

RAPPER AKON SIGNS DEAL TO FINANCE COPPER-COBALT MINE IN THE DRC

African countries usher in new era of free trade under AfCFTA

CEO of South African drinks maker Distell promises stronger returns in 2021

ICC and Africa investor partner to help digitise five million SMEs in Africa

Kenya to recover from COVID-19 economic dip next year, says World Bank

South African mining companies among best performers on JSE: Sunday Times report

Endeavour Mining confirms ‘merger of equals’ talks with Teranga Gold

South Africa’s Aspen signs vaccine deal with Johnson & Johnson

Liquid Telecom raises $307 million for data centre projects across Africa

Egypt sees 60% rise in foreign direct investment in 2019

Mo Farah named ambassador of Djibouti Ports and Free Zones Authority

Sacci urges South African Government to boost economic recovery through reform

African CEOs bullish on continent’s long-term economic growth, survey finds

Three African start-ups clinch investment sum from US-based Aptive Capital

Uganda and Tanzania sign $3.5 billion oil pipeline deal

Total signs security pact with Mozambique for $20 billion LNG project

Mali’s gold miners continue to operate as political crisis ensues

Mining veteran Roger Dixon honoured with 2020 Brigadier Stokes award by SAIMM

Dangote Cement says Pan-African operations performed well in H1 2020

South Africa’s gold miners buoyed by record bullion prices

Canada’s SNC-Lavalin to sell South African resources business

South Africa’s mining minister admitted to hospital with COVID-19

Nigeria legalises artisanal mining in bid to earn $500 million a year

South African Airways saved from collapse as creditors approve R26.7 billion rescue package

South African retailer Massmart raises prospect of 1,800 jobs being cut

Sasol announces job cuts and end of West African oil operations

South African mining output collapses by nearly 50% in April

Hummingbird Resources grows West African gold portfolio with Guinean acquisition

Corporate investment in South Africa’s renewables sector bound up in red tape

Ghana increases industrial gold production by 6% in 2019

South African Airways asks creditors for extension to business rescue plan deadline

South Africa dominates top 10 list of Africa’s most valuable firms

Total secures $14.4 billion funding for Mozambique LNG project

South African airports operator underscores need for R$11 billion of new debt finance

Sasol targets renewables at South African plant in emissions lowering drive

Zambia copper exports delayed following Tanzania border closure

Nigeria extends flights ban by further four weeks

Southern African agricultural exporters at risk due to COVID-19

African Continental Free Trade Agreement delayed due to COVID-19 outbreak

South Africa to reopen key sectors including agriculture, manufacturing and retail

Nationwide lockdown to cut Gold Fields production in South Africa

South Africa Airways to lay off all staff, collapse imminent

Zambia to revoke mining licence for Glencore subsidiary

Saudi Telecom delays $2.4 billion deal for stake in Vodafone’s Egypt unit

Total announces sale of assets in Sierra Leone and Liberia

Ethiopia secures PPA worth $800 million for 150MW geothermal plant

South African rand drops to record low after ratings downgrade

Mining operations to be ‘scaled down’ as South Africa goes into lockdown

South African hotelier and ‘visionary’ Sol Kerzner dies aged 84

Endeavour Mining employee tests positive for coronavirus in Burkina Faso

Nigeria to cut budget following global oil price collapse

Newmark Hotels adds La Maison d’Été Hotel in Mauritius to portfolio

South Africa slips into recession again after GDP contraction in Q4

Bill Gates warns coronavirus could hit Africa hardest

Dangote Group becomes first African member company of PMI Council

Record $2.8 billion spent on sub-Saharan African renewables projects in 2018

Kodal Minerals submits mining licence application for Mali lithium project

South Africa records lowest ever mining fatalities in 2019

UK pledges £620 million towards African infrastructure projects

Minerals Council urges South African government to address ‘economic crisis’

Lucapa sees record year of diamond production from African mines

Visa partners with MFS Africa to simplify e-commerce payments

South African Airways facing ‘radical restructuring’ in fight for survival

LSE-listed Rainbow Rare Earths expands into Zimbabwe

South Africa’s Telkom in takeover talks with mobile carrier Cell C

Visa eyes $200 million investment in African payments group Interswitch

South African owner of Starbucks and Domino’s to abandon food business

Australian engineering group Aurecon to delist African business

Mauritius ranked highest of African nations in World Bank Doing Business index

Prosus launches audacious $6.3 billion bid to acquire UK food delivery company

Barrick finally reaches agreement with Tanzania over Acacia Mining tax dispute

Safaricom pledges to unlock funds for sustainable development through corporate alliance

Kenya opens second phase of $1.5 billion Chinese-funded railway

Troubled South African Airways in talks with private investors

African Export-Import Bank considers London IPO

Mara Group opens first African smartphone factory in Rwanda

Côte d’Ivoire ranked first for global trade growth potential: Standard Chartered index

Zambia makes U-turn on sales tax plan in concession to miners

Mineral resource nationalism in Africa set to rise, finds report

Kenya hopeful of sealing post-Brexit trade agreement with UK

Kenya ranked second leading global business destination by African CEOs

Naspers lists consumer internet assets in Amsterdam under name Prosus

Malawi sees 5% GDP growth this year and 7% in 2020

South Africa set to avoid 2019 recession after improved Q2 performance

MoU signed for Africa’s first hybrid renewable energy plant

G7 leaders approve $251 million package for female African entrepreneurs

New mining code in Mali removes VAT exemption for miners

Improved H2 sales in SA fail to lift Shoprite FY earnings

South African fund manager PIC sees gold focus shifting to West Africa

Minor drilling outfit Rosond wins big contract with Kumba Iron Ore

Tanzania lifts ban on Acacia gold exports from North Mara mine

Diageo to spend £180 million on renewable energy at African sites

African airlines carry 92 million passengers in 2018

Resolute Mining grows West African portfolio with $274 million Toro Gold acquisition

Fitch reduces South Africa’s debt outlook following Eskom bailout announcement

PepsiCo ties up $1.8 billion deal for South Africa’s Pioneer Foods

South Africa’s platinum producers see Sibanye wage settlement as benchmark

Over 2,000 jobs at risk as ArcelorMittal SA slips to H1 loss

Nigeria to join Africa Continental Free Trade Agreement

South Africa’s Afrimat retracts takeover bid for Universal Coal

At least 41 artisanal miners killed in accident at DRC Glencore mine

Zimbabwe outlaws use of foreign currencies in bid to relaunch Zimbabwean dollar

Airtel Africa to list in London and Nigeria in debt reduction push

Ghana officially overtakes South Africa as continent’s largest gold producer

South African Airways asks for urgent state funding as interim CEO appointed

Motsepe’s ARC launches insurance subsidiary African Rainbow Life

Lonmin shareholders green light Sibanye’s $286 million takeover bid

Acacia shareholders rebuke Barrick takeover bid as Tanzania talks drag on

Kenyan banks launch mobile lending service for SMEs

Total’s acquisition of Anadarko’s African assets ‘perfectly fitting’, says CEO

Ramaphosa faces early test as platinum miners face off with labour unions

South Africa’s Group Five puts units up for sale in rescue plan

Alphamin starts commissioning Bisie tin mine in DRC

Guinea’s power output to rise four-fold in bauxite refining drive

Kenya’s economy returns to strong growth in 2018

Pan-African e-commerce startup Jumia Technologies lists on NYSE

World Bank cuts 2019 growth forecast for sub-Saharan Africa

Nigerian oil firm Oando targets fresh capital raise to clear debt

Sibanye-Stillwater to explore moving primary listing from Johannesburg

20 African tech startups arrive in London for Go Global African programme

South Africa’s FDI rises to five-year high in 2018

Safaricom strikes deal to use M-Pesa services on Alibaba shopping website

South Africa’s economy expands by 0.8% in 2018

Botswana retains spot as best ranked African jurisdiction for mining

KenGen and Chinese firm team up for geothermal energy project in Ethiopia

Mining companies in sub-Saharan Africa advised to invest in renewables: Fitch report

Zimbabwe declares flooded gold mine national disaster as 24 bodies recovered

150,000 mining jobs at risk over Eskom tariff plans, warns Minerals Council SA

Total gives green light to offshore oil project in Nigeria

African airlines deliver passenger growth despite turbulent business conditions

Rwanda crowned best country for doing business in Africa

Bristow eyes resolution to Tanzania dispute as Barrick Gold starts new era

UK offers £100 million to renewable energy projects in Africa

South Africa lifts itself out of recession as economy grows in Q3

Unearthed Solutions offers African tech firms chance to present at 2019 Mining Indaba

East Africa the strongest performing region for FDI in Africa: EY report

Zambia’s business environment must remain stable to aid mining investment, says Australian High Commissioner

Ivanhoe Mines unearths new copper zones at DRC mining license

Kenya’s President pledges to 100% green energy by 2020

Africa’s agribusiness sector to grow to $1 trillion by 2030

South African business confidence rises to six month high

Mining Indaba and IGF host African mining sustainability meeting with key industry organisations

Zimbabwe to announce successful bidders of state-owned mining assets

ZCDC to start full-scale mining at Eastern Zimbabwe diamond fields

Safaricom planning to introduce M-Pesa in additional markets by year end

Consortium led by Ata Resources makes binding commitment to acquire Universal Coal

Zimbabwe to support artisanal diamond miners by allocating mining claims

South Africa’s Eskom charges into battery storage industry

Africa’s largest wind power project inches towards full operation in Kenya

Zimbabwe aims to clear $2 billion debt to World Bank within 12 months

Acacia Mining to seek direct dialogue with Tanzania as dispute drags on

South African phosphate miner Kropz confirms London listing

Safaricom named Africa’s top employer by Forbes

Hassan Allam to list shares in London and Egypt

JSE’s mining index roars back to life in PwC’s latest annual findings

US hotel brand Marriott International to increase African portfolio

South Africa finally unveils new regulatory charter for mining sector

Randgold Resources bought by Barrick Gold to create $18 billion company

Bitcoin mining company to start constructing wind farm in Morocco

Nairobi ranked East Africa’s wealthiest city in new study

Artisanal and small-scale miners gather in Zambia to discuss sustainable development

South Africa falls into recession for first time in nine years

Acacia Mining loses chairman to rival firm AngloGold Ashanti

UK Prime Minister pledges to invest £4 billion in African economies

South Africa halts nuclear energy expansion plans, favouring renewables

Egypt looking to attract $11 billion in foreign direct investment in 2018/19

Hapag-Lloyd sees East Africa as key growth market

South Africa’s mining sector pulls out of recession in Q2

Ethiopian Airlines in pole position to establish new Nigerian carrier

Tanzania to build natural gas pipeline to neighbouring Uganda

Tullow strikes more oil in Kenya

Steinhoff to list African retail assets on JSE

GE and Ethiopian university partner for renewable energy programmes

DP World marks start of 30-year port concession in Somaliland

Lonmin to move head offices following HY loss



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Latest News
  • Firefinch and JV partner Ganfeng approve Goulamina Lithium Project in Mali January 4, 2022
  • Motsepe-backed African Rainbow Minerals to acquire Bokoni platinum mine for R3.5 billion December 21, 2021
  • Barrick subsidiary to acquire six prospecting areas in Tanzania December 10, 2021
Recent Tweets
  • .@FirefinchLtd is in the process of demerging #Goulamina into a new @ASX-listed entity – Leo Lithium – as part of p… https://t.co/xgCy2fHvts 5 months ago
  • "The acquisition and development of BPM will enable us to scale our #platinumgroupmetals portfolio,” said African R… https://t.co/i8erR0hbPc 5 months ago
  • .@BarrickGold president and CEO Mark Bristow said the acquisition is a significant step forward in the company’s st… https://t.co/zUZZPIOx3A 6 months ago
  • “The resource is the culmination of the first round of mostly wide-spaced exploration drilling conducted over a str… https://t.co/Hj9spGYhF5 6 months ago
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African Business Network is published alongside our sister publications, Resource Global Network, Australian Business Network and Construction Global Network. Our mission is to deliver news and analysis covering key national and international areas of business, companies, technology, issues and trends.