East African Mining News Unearthing Mining Opportunities in East Africa

Newly formed Tanzania Ministry for Energy has committed to an indicative timeline for the completion of the MOU for the fast-tracking of the Mbeya Coal to Power Project (MCPP). The project developer multi-asset African focused energy and resource company, Kibo Mining is optimistic following the decision. “Our focus on positioning …

Tanzanian-focused flake graphite development company Volt Resources Limited has announced intentions to proceed with the issue of US$40 million in structured debt funding. Volt has engaged Exotix Capital to undertake a Tanzanian Bond issue to raise the required funding for the development of Stage 1 of the Bunyu project. Exotix has recommended …

The investor demand and business activity is set to increase as political stability returns to Kenya, analysts have observed. Specialist global risk consultancy Control Risks said Kenya is emerging from a protracted presidential election process and seeing a return to political stability. Nonetheless, challenges will persist in 2018 for organisations …