Features

Investors from across industry, finance and government are convening to showcase Tanzania’s potential. Potential that is epitomised by a country now ranked third in sub-Saharan Africa for future investment, that is expected to see 6% GDP growth by 2025, and that has seen hundreds of millions, if not billions, of …

Mining Indaba is the pinnacle event for promoting long-term investment in African mining. Attracting a broad and prominent speaker lineup, including industry professionals, policymakers, and stakeholders from around the country and beyond to promote economic growth and foster positive changes in the mining industry. The 2024 conference aims to celebrate …

Hillary Mwatsuma intoned a prayer to the ancestors who had been laid to rest within Kaya Kauma, one of 45 sacred woodland settlements dotted along Kenya’s southern coast, since the 16th century, wearing a cowry shell crown and traditional regalia. Until the population relocated downwards into neighbouring communities in the …

Graphite producer and battery materials developer Volt Resources recently raised $1.632M capital to advance integrated graphite battery materials strategy, including the development of downstream graphite anode business, and progress the Bunyu Project, Tanzania, and Zavalievsky Graphite business. The capital raising consists of a placement to raise $1.132M via the issue …

Slow development of gas economy in South Africa may push investors into other investment addresses. Wayne Lindecke, engineering consultant WSP power generation director said developers may focus their attention on other parts of Africa or other parts of the world where similar opportunities exist if South Africa does not speed …

HIGHER pricing and an increase in volumes saw Tanzania’s earnings from gold exports rise 42% in the year to November; this is according to an online news source. Citing the east African country’s central bank, the newswire said gold exports rose to $2.14bn in the year to November from $1.51bn …

The government’s target to ensure that the sector’s contribution to gross domestic product (GDP) reaches ten percent by 2025, has seen them sign Framework Agreements worth $667 million (about Sh1.54 trillion) with three mining firms, in a landmark development that would see Tanzania surpassing its target of mining contributing at …

Caterpillar Inc. has successfully demonstrated its first battery electric prototype for an underground mining truck. According to the company, the development is added to the company’s growing portfolio of battery electric and semi-autonomous technology for underground mining applications. The demonstration for Newmont and other industry leaders, at the company’s proving …

The African Development Bank has reiterated that the introduction of a carbon border tax by the European Union (EU) could push Africa back into exporting raw commodities and undermine its industrialisation gains. The European Union recently launched the initial phase of a Europe-wide carbon tax on imported goods as part of …

Considering the theme of the Investing in African Mining Indaba 2024– Embracing the power of positive disruption: A bold new future for African mining –the term ‘disruption’ has come to describe a raft of rapid technological and other advancements that have significantly changed the way we do business today. “Perhaps …