Tuesday , October 6 2026

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Geita Exhibition Signals a New Phase of Discipline for Tanzania’s Mining Sector

Tanzania is positioning mining as a cornerstone of a much longer economic ambition. Prime Minister Mwigulu Nchemba has directed the Ministry of Minerals to strengthen the management of the mining sector in order to enhance productivity in line with the country’s Development Vision 2050. Nchemba issued the directive on 3 …

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Ethiopia Maps US$1.9 Billion Power Expansion as Grid Investment Accelerates – Updates

A rapidly expanding generation base is putting Ethiopia’s power network under pressure to keep pace, making transmission investment central to the country’s energy ambitions. Ethiopian Electric Power (EEP) has allocated 313.8 billion Birr (US$1.9 billion) for the 2026-27 fiscal year, with 70.3% directed towards capital expenditure as the country works …

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Akobo Minerals Posts Record Quarter as High-Grade Ethiopian Mine Hits Step-Change

Scandinavia-based gold producer Akobo Minerals has delivered its strongest operational performance since underground mining commenced at its flaghip Segele asset in southwestern Ethiopia, posting record gold output, surging core earnings, and accelerated debt reduction. For the second quarter ended June 30, gold production reached a record 37 kg (approximately 1,190 …

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