Press Relase

Bell Equipment’s AGM earlier this month might have made a fascinating study in navigating the vagaries of big machine business cycles. Before CEO Ashley Bell stepped down from the top position last week, he gave a comprehensive rundown of the numerous initiatives now under way to secure much needed additional …

Until recently, few young Rwandans could have imagined building a career as a metallurgical technician, steel quality controller or industrial chemist. The country had mines, construction sites and small manufacturing plants, but it did not have an integrated steel factory turning raw minerals into finished steel products. The jobs simply …

Kampala, Uganda – The expected oil revenues could provide an important source of financing for the country’s Energy Transition Plan (ETP), but they will not be sufficient on their own to fund investments required to transform the energy sector and achieve broader development goals, experts have said. The warning emerged …

The International Finance Corporation (IFC) is set to provide 80 million loan to MIDROC Ethiopia PLC (MEP), the hospitality arm of MIDROC Investment Group (MIG), IFC is providing MEP with an $80 million long‑term loan to support the refurbishment of the Sheraton Addis (Luxury Collection) and the development of a …

Irene Batebe, Uganda’s Permanent Secretary in the ministry of Energy and Mineral Development, has called on regional energy regulators in East Africa to expand their mandate to include mining, arguing that the sector is increasingly intertwined with energy development and regional industrialization ambitions. Speaking during the annual general meeting of …

Scandinavian-based gold producer operating in Ethiopia, Akobo Minerals says following the fuel supply disruptions that temporarily impacted operations during April, key activities progressively resumed during May as diesel availability improved. According to the company’s operational update, the development enabled a phased restart of mining, processing and development activities. The company …

Africa’s energy landscape is undergoing a fundamental transformation. In 2025, Standard Bank’s financing for renewable energy power generation outpaced that for non-renewable power generation by a ratio of 8:1, signalling a shift towards cleaner and more sustainable energy systems across the continent. With nearly 600 million people across Africa still …

Chinese companies that reshaped Indonesia into the world’s dominant nickel hub are increasingly turning their attention to Africa, as policy tightening in Jakarta begins to unsettle the investment model that underpinned the sector’s rapid expansion. The shift reflects growing uncertainty around Indonesia’s regulatory direction, where tighter ore export controls, revised …

While presidents Cyril Ramaphosa and William Ruto spoke of industrialisation, investment and African integration, business leaders at the South Africa-Kenya Business Forum repeatedly returned to a simpler complaint: Africa’s trade agreements are moving faster on paper than they are at border posts, customs offices and regulatory agencies. Held at Gallagher …

The government of South Sudan has made its position on foreign mining investment explicit: investors are welcome and compliance with national law is non-negotiable. Minister of Mining Losuba Ludoru Wongo delivered that message directly to representatives of Sudan-based Bianchi Gold Trading Company following a meeting in Juba that covered geological …