Saturday , June 14 2025

Business

Ethiopia Unearths Golden Opportunity with India: A Mineral Bonanza Beckons

Addis Ababa – A new chapter in Afro-Asian trade relations is being written in the mineral-rich earth of Ethiopia, as the East African nation and India officially launched a groundbreaking report today, highlighting the vast, untapped potential for mineral exports and investment. The joint initiative aims to unlock a new …

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Mining Indaba calls for unified action

The Investing in African Mining Indaba, Africa’s most influential and transformative platform for mining leadership, investment, and innovation, has announced its 2026 theme, ‘Stronger together: Progress through partnerships.’ Laura Nicholson, Content and Communities Director, Mining Indaba said the theme reflects commitment to fostering partnerships that not only drive investment but also …

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Kagame Tours Rwanda’s Tungsten Powerhouse

President Paul Kagame on 23 May 2025 visited the Nyakabingo Mine in Rulindo District which is Africa’s largest producer of tungsten, highlighting Rwanda’s growing role in the global supply of critical minerals.Operated by Trinity Metals, the mine employs over 1,800 people and has nearly doubled its production over the past …

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WearCheck introduces advanced Legionella testing to safeguard water quality

WearCheck Water, a division of leading condition monitoring specialist, WearCheck, has expanded its expertise in water analysis with the introduction of Legionella pneumophila detection and enumeration. This latest development positions WearCheck at the forefront of water and surface safety monitoring, ensuring businesses, industries, and public institutions can proactively manage Legionella …

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Ethiopia secures more than $1.6bn in mining and energy investment deals

The Ethiopian Finance Ministry has announced the signing of five major investment deals, worth more than $1.6bn (214.99bn birr), to bolster the country’s minerals and energy sectors. These agreements, predominantly with Chinese companies, are part of Ethiopia’s economic reform strategy. The deals were secured during the two-day Ethiopia High-Level Business …

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BURN Secures $5M to Scale Electric Cooking in Kenya

Africa’s leading clean cookstove manufacturer, BURN,has secured USD 5 million from EDFI Management Company through the EU-funded Electrification Financing Initiative (ElectriFI) to deploy over 100,000 ECOA induction cookers in Kenyan households. This will cut fuel costs and prevent 1.4 million tons of CO₂ emissions through IoT and Pay As You …

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Schneider Empowers 38,000 Youth Across Anglophone Africa

The Schneider Electric’s Access to Energy programme has empowered over 38,000 youth across Anglophone Africa through education and entrepreneurship initiatives focused on energy efficiency and sustainability. The programme offers training in technical skills, renewable energy and business development, equipping young people to participate actively in Africa’s green economy. The company …

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Chrysos Secures Deal to Supply PhotonAssay Technology to Newmont’s Gold Operations

ASX-listed Chrysos Corporation has entered a master services agreement (MSA) with global miner Newmont Corporation to deploy its advanced PhotonAssay technology at Newmont’s gold sites worldwide. The first PhotonAssay unit will be installed at Newmont’s Ahafo mine in Ghana during the first half of the 2026 financial year, marking a …

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ASI Expands into Autonomous Construction with SoftBank

Autonomous Solutions, Inc. (ASI), a global leader in industrial vehicle automation and developer of the Mobius autonomous fleet management system, has launched ASI Construction in partnership with SoftBank Group Corp. The new business unit will focus on automating construction equipment to meet rising demand and counter labour shortages, complementing ASI’s …

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SEW-EURODRIVE Expands Technical Services Across Africa

SEW-EURODRIVE South Africa, a leading provider of industrial gearboxes, drive systems and automation solutions, is accelerating the rollout of its ‘African Strategy’, aimed at extending technical services and support across the continent. The initiative is part of the company’s broader effort to strengthen its presence and improve customer responsiveness in …

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