Projects

Scandinavian gold producer Akobo Minerals is accelerating development at its Segele mine in Ethiopia, reporting significant progress and signaling an imminent shift to positive cash flow. For the second quarter of the year, the company posted revenues of SKr9.6-million, and it anticipates this figure to increase in the third quarter, …

TotalEnergies implements with consistency its balanced and profitable transition strategy, anchored on two pillars: Oil & Gas, mainly LNG, and Integrated Power. The Company plans to increase energy production (oil, gas and electricity) by four percent per year through 2030 while reducing emissions from its operations (-50% on Oil & …

Shanta Gold, a prominent Tanzanian gold producer, has installed a new cone crusher at its New Luika gold mine, a move aimed at enhancing efficiency and bolstering production. The company’s acquisition of a B3 cone crusher from UK-based manufacturer Quarry Manufacturing & Supplies (QMS) is a strategic step to improve …

ASX- and TSX-listed Perseus Mining Ltd. has finalized a landmark agreement with the Tanzanian government, solidifying a path forward for the $524 million Nyanzaga gold project. The deal, which involved a formal signing ceremony for “critical mission agreements,” follows extensive negotiations aimed at clarifying and amending prior frameworks. The company’s …

Schneider Electric SE, the French multinational specializing in energy management and automation, is rolling out a new distribution strategy in East Africa to boost sales and optimize inventory. The initiative, dubbed the Pro Retailer program, aims to expand the company’s market reach by leveraging a network of accredited local resellers. …

A new frontier in gold exploration is emerging in Kenya, where traditional, costly methods are being challenged by the precision of satellite technology. A recent case study by Farmonaut, a remote sensing firm, details a successful project that used satellite imagery to pinpoint potential gold deposits in a 26-square-kilometre area, …

London-listed Blencowe Resources has signed a non-binding offtake agreement with UK advanced materials manufacturer Perpetuus Advanced Materials (PAM) for fine flake graphite from its Orom-Cross project in Uganda. The deal covers 19,000 tonnes of +97% total graphite carbon (TGC) fine flake graphite over five years, a significant portion of Orom-Cross’s …

Marula Mining PLC is advancing its strategic presence in Kenya, announcing key partnerships with the Geological Society of Kenya (GSK) and Jomo Kenyatta University of Agriculture & Technology (JKUAT). The Africa-focused mining firm is seeking to integrate itself into the country’s academic and professional landscape, signaling a long-term commitment to …

Speed Read: Sun King closes a $156 million (KES equivalent) securitisation, the largest and first majority commercial-bank-backed deal of its kind in Sub-Saharan Africa outside South Africa. Backed by private capital from Absa Bank Kenya, Citi, The Co-operative Bank of Kenya, KCB Bank, and Stanbic Bank Kenya. The new deal …

KSB Pumps and Valves is investing in the future of industrial service excellence through its dedicated training hub, the SupremeServ Academy. Based at the company’s Jet Park facility, the academy was established to address the growing need for specialised skills across KSB’s service value chain and to support its expansive …