Thursday , October 22 2026

Business

SkyJacks shift from ownership at Electra Mining 2026

As mining, construction and industrial businesses continue to navigate changing project demands, rising operational costs and the need for greater flexibility, the traditional approach of owning every piece of equipment is evolving. At Electra Mining 2026, SkyJacks will showcase how businesses can gain access to world-class equipment through flexible rental …

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Trinity Metals Starts Sonic Drilling to Expand Tungsten Reserve at Rwandan Mine

Trinity Metals Ltd. has commenced its first sonic drilling program at the Nyakabingo mine in Rwanda, aiming to expand its resource base and optimize production at one of Africa’s largest tungsten deposits. The Rwanda-focused miner plans to drill up to 106 holes at depths of 12 meters to 20 meters …

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Lobito Emerges as Strategic Battleground in Global Mineral Race

The Lobito Corridor is emerging as one of Africa’s most strategically important pieces of mineral infrastructure as global powers and investors compete to secure access to the copper and cobalt needed to drive the energy transition. The United States (U.S) is preparing to put up to $1 billion behind the …

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The Dawn of Kenya’s Industrial Era: Moving Beyond Raw Exports – Updated

The narrative of Kenya’s mining sector is undergoing a fundamental transformation as the government shifts its strategic focus from the mere extraction of raw materials to a robust model of local value addition. Opening the 2026 Mining Investment Conference in Nairobi, President William Ruto articulated a vision for integrated industrial …

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Uganda, UAE Target Deeper Trade Links at October Business Summit

KAMPALA — Bilateral trade between Uganda and the United Arab Emirates surged to $4.7 billion in 2025, laying the groundwork for a major investment drive as both nations prepare to host their fifth business forum in the Gulf state. The high-level summit, scheduled for October 26 to 29 across Abu …

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Critical Metals Consortium Shortlisted for Major Kenyan Rare Earth Project

Nairobi — Critical Metals Corp. has advanced to the final stage of a government tender to develop one of Africa’s largest undeveloped deposits of rare earths and niobium, strengthening a Western push to counter China’s dominance over critical supply chains. The Nasdaq-listed miner, leading the Mrima Earth Consortium, is one …

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Ethiopia’s $10 Billion Export Moment Is More Than a Number

Ethiopia’s projected leap from $3 billion to $10 billion in annual export revenue in the space of three years is remarkable by any measure but the more significant story may be what is driving it and what it reveals about the direction of the country’s economic transformation. At the fourth …

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Cairo-Dar es Salaam Corridor Takes Shape as Egypt Expands East Africa Push – Updated

Egypt is moving to convert its landmark hydropower success in Tanzania into a much broader economic footprint, with President Abdel Fattah Al-Sisi and Tanzanian President Samia Suluhu Hassan discussing a large-scale agricultural land reclamation project, a new maritime shipping route and expanded port cooperation during talks in Dar es Salaam, …

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Rwanda’s Export Surge Is the Cushion Its Economy Needed

In a global environment shaped by Middle East conflict, disrupted supply chains and rising commodity prices, Rwanda’s first-quarter 2026 economic performance delivered a counterintuitive result. The country’s external position improved sharply, providing a crucial buffer at precisely the moment it was needed most. Exports grew by 63% in the first …

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Tanzania Weighs Dual Value of Mineral Wealth as Mining Revenues Double

DODOMA — Tanzania is attempting to strike a balance between aggressively commercializing its critical minerals and preserving priceless archaeological history, as booming mining revenues place its subterranean wealth at the center of the nation’s economic agenda. Government revenues from mining surged to more than 1.071 trillion Tanzanian shillings ($400 million) …

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