Thursday , October 29 2026

Top Stories

Allied Gold Hunts Kurmuk’s Second Act Before the First Begins

Even as first ore nears the grinding circuit at its Kurmuk mine in western Ethiopia, TSX listed Allied Gold Corporation is looking past opening day. With first gold expected shortly after commissioning, the company says its focus is already on extending mine life and finding richer ore zones within a …

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Africa’s Power Grid Emerges as a Critical Link in Industrial Growth

Cross-border electricity trade is emerging as a key driver of energy security and industrial growth, with stronger regional transmission networks offering new opportunities for mining, manufacturing and mineral beneficiation. Beyond expanding generation capacity, Africa must improve its ability to move power across borders, link countries with complementary energy resources and …

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Tanzania Casts a Wider Net for Capital From the Gulf to London

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 …

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Geita Exhibition Signals a New Phase of Discipline for Tanzania’s Mining Sector

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 …

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Ethiopia Maps US$1.9 Billion Power Expansion as Grid Investment Accelerates – Updates

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 …

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Akobo Minerals Posts Record Quarter as High-Grade Ethiopian Mine Hits Step-Change

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 …

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Multotec opens new facility to celebrate 25 years

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 …

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Unlocking Intra-African Capital: Leaders Push for Economic Self-Reliance at Inaugural Alamein Summit

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 …

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AfDB, BMZ partner to boost Africa’s rail connectivity

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 …

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Uganda Seeks to Build More Than Mines

Geological wealth can create the foundation for a mining economy but turning deposits into mines, processing plants and industrial supply chains requires something deeper than mineral potential, long-term capital willing to stay the course. That challenge is increasingly important for Uganda, where recent geological surveys have confirmed commercially viable deposits …

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