The idea of breaking free from the U.S. dollar is not new in Africa, but it has gained momentum in recent years. In a context marked by high volatility in local currencies, challenges in accessing ...

Robex Resources has acquired its second gold mine in West Africa, the Kiniero mine in Guinea. The Canadian firm aims to start production at Kiniero by late 2025. Its first mine is the Nampala mine in ...

Côte d’Ivoire became the first sub-Saharan African country to raise Eurobonds since 2022. Following this, Moody's upgraded its credit rating, thanks in part to its efforts to mobilize domestic revenue ...

Canadian company Asante Gold runs two gold mines in Ghana and aims for an annual production of 500,000 ounces by 2028. Asante plans to develop an underground operation at Bibiani, one of the two mines ...

So far, the negotiations with companies owning gold mines in the country have yielded $783 million (CFA500 billion) for Mali. Hummingbird is among the latest to have reached an agreement with Bamako.

Fintech remains the top choice for investors in Africa's startup ecosystem, with 2024 continuing the strong momentum seen in recent years. In 2024, African financial technology startups raised $1.034 ...

With the youngest population in the world, Africa could provide a skilled workforce to the global market in the next 10 to 15 years, according to Brookings forecasts. However, this will only be ...

Africa's external debt has reached $1.15 trillion, and the report highlights that interest payments account for more than 25% of public revenues in six African countries, including Egypt, Nigeria, and ...

Mozambique hosts Africa’s biggest graphite mine. Since 2021, the mine’s output has gone to the U.S. to make batteries. Syrah Resources runs the mine. On January 13, 2025, Syrah Resources revealed it ...

Barrick Gold, a Canadian firm, announced that the Malian government planned to seize its gold stock. The company warned it would stop production if this happened. Mali has started carrying out a ...

Canadian company Koulou Gold has doubled the area of its projects in Côte d'Ivoire, reflecting growing interest from mining investors in the country's gold potential, estimated at 600 tonnes of ...

These funds are expected to support development projects in the CEMAC region. At the end of December 2024, the institution approved CFA125 billion in funding to boost development in the six member ...