Business

Qatar, Oman, Vietnam, Russia and Burundi have all featured in a month of investment and trade talks for Tanzania, which has also carried its pitch to European markets as part of a government drive to build broader commercial relationships across the Gulf, Asia, Africa and Europe. The tour culminates at …

The Joburg Indaba South African Mining Hall of Fame has welcomed Natascha Viljoen, President and Chief Executive Officer of Newmont Corporation, recognising more than 30 years of leadership that runs from the processing plants of South Africa to the helm of the world’s leading gold company. Minister of Mineral and …

Ethiopia and Djibouti are turning to the same industrialist who has already bet billions on the region’s energy infrastructure. Ethiopia, Djibouti and Nigerian billionaire Aliko Dangote plan to build a $660 million refined petroleum pipeline connecting the two countries, a Spokesperson in Ethiopian Prime Minister Abiy Ahmed’s office said. The …

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 …

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 …

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 …

Multotec Zambia is marking its 25th anniversary in 2026 with the opening of a new facility which serve as the Central Africa Regional Head Office, reinforcing its long-standing commitment to the country and the region’s mining industry. Multotec’s expertise, technology, and service capabilities closer to customers, while positioning the business …

With a focus on building a resilient mining sector in a volatile global economy, the 2026 Joburg Mining Indaba taking place on 7 and 8 October 2026 in Sandton will be looking for practical ways of converting its substantial mineral potential into sustained mining investment. As geopolitical volatility continues to …

African heads of state, commercial titans, and institutional investors assembled in Egypt’s coastal city of El-Alamein on Saturday for a high-stakes three-day summit aimed at restructuring the continent’s financial ecosystem. The inaugural Alamein Africa Forum brought together over 20 government leaders alongside regional bankers and development institutions to address a …

The African Development Bank Group has signed a letter of intent (LOI) with the German Federal Ministry for Economic Cooperation and Development (BMZ) to cooperate on developing Africa’s railway systems and deepening regional economic integration. Mike Salawou, Bank Group Director for Infrastructure and Urban Development signed on behalf of the …