Burkina Faso’s Coris Bank, led by CEO Idrissa Nassa, has strengthened its role in West African mining finance by approving a $58 million (CFA 35 billion) loan to Orezone Gold...
Australian mining company West African Resources reported strong 2024 results, with revenue reaching $477 million...
The historic agreement signed by Mauritania and Senegal for the Greater Tortue Ahmeyim (GTA) gas project opens a promising chapter in the region’s energy and economic future...
Ghana, a West African country known for its rich mineral resources, is home to Tarkwa, the region’s largest gold mine. Operated by Gold Fields, the open-pit mine showcases Ghana’s strength in the gold sector...
Moroccan group Managem, a major player in Africa’s mining sector, has completed the sale of Oumejrane Mining Company to Purple Hedge Resources Morocco, a subsidiary of UAE-based Purple Hedge DWC...
The global cobalt market is facing a difficult period, with prices falling sharply. Over two years, prices for the metal, which is essential to electric vehicle batteries, have fallen by 50%, reaching $24,300 per tonne in early January 2025, compared with more than $28,000 in January 2024...
Algerian energy giant Sonatrach has confirmed plans to build a new oil refinery in Niger, expanding and diversifying its presence across Africa...
The Dangote refinery, one of Africa’s most ambitious industrial projects, plans to add eight tanks to increase its crude oil storage capacity...
Invictus Energy Ltd has announced a three-year extension of Special Licence 4571, allowing continued oil and gas exploration in Zimbabwe’s Cabora Bassa Basin...
Egypt is stepping up efforts to reverse the decline in natural gas production. Eni plans to drill new wells at the Zohr field as part of a broader recovery programme...
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