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De Beers Identifies Eight New Potential Diamond Production Areas in Angola
The multinational De Beers has identified eight new kimberlites (rocks associated with diamond production) in Angola, specifically in Lunda Sul,...
Coca-Cola plans fresh $1bn Nigerian business investment
Coca-Cola Co plans to inject $1 billion investment in Nigeria over the next five years, motivated by ongoing reforms initiated...
Presidents of Angola, Zambia, and DRC Discuss Lobito Corridor at Investment Forum in the USA
New York, September 26, 2024 – The Presidents of Angola, João Lourenço, Zambia, Hakainde Hichilema, and the Democratic Republic of...
Zambian copper mines look to unlikely power provider amidst crisis
Zambia's largest mines are turning to an unexpected power source amid the country’s worst energy crisis: South Africa’s Eskom Holdings...
Johann Rupert’s steeper falls puts him below Aliko Dangote
South African billionaire and one of the two richest men in Africa, Johann Rupert, has fallen below Nigeria’s Aliko Dangote,...
Angolan government privatizes 15% of UNITEL’s share capital
The Angolan government plans to privatize 15% of UNITEL, the country’s largest telecommunications operator, with 2% of these shares reserved...
KCGM — from unloved asset to Northern Star’s crown jewel
Northern Star Resources (ASX: NST) is transforming an iconic Kalgoorlie asset into Australia’s largest gold operation. A decade ago, Kalgoorlie...
Nigeria’s Dangote oil refinery is increasingly skipping US crude
A senior Dangote official declined to comment on the refinery’s future crude-procurement plans. Nigeria’s Dangote mega-refinery is taking more of...
Second biggest diamond ever has been discovered in Botswana
The diamond, discovered at the Karowe mine operated by Canada's Lucara Diamond Corp., has yet to undergo a thorough evaluation,...
Namibia says just 42% of approved mining projects are operating
Namibia said less than half of the mining projects it has approved are in operation, prompting the government to take...
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