Four employees from Barrick Gold, a Canadian mining company, were detained in Mali in September 2024 amid accusations from the government regarding financial misconduct by mining firms. Mali is aiming ...

Under pressure to meet African governments' funding needs, banks are increasingly turning to public debt. This trend, known as the 'crowding-out effect,' limits credit access for the private sector ...

The Emerging Africa & Asia Infrastructure Fund (EAAIF) and the Dutch entrepreneurial development bank (FMO) acting as Co-Mandated Lead Arrangers, alongside Deutsche Investitions- und ...

(Ecofin Agency) - Sabodala-Massawa and Mako are the two industrial gold mines currently active in Senegal. The mines are managed by Endeavour Mining and Resolute Mining. Enthralled by the global spike ...

(Ecofin Agency) - AngloGold Ashanti operates many major gold mines in Africa, including the Obuasi and Iduapriem mines in Ghana, Siguiri in Guinea, and Geita in Tanzania. It also holds shares in the ...

(Ecofin Agency) - While renewable energy has become the top choice for unlisted investments, more work is needed to remove financial and structural barriers. Analysts say strengthening regulations, ...

(Ecofin Agency) - Valued at $700 billion, Nigeria's mineral resources include iron, lithium, gold, and coal. To tap into this potential, the country launched several reforms in its mining sector, ...

Expanding broadband access in Africa is critical for several reasons, especially given the existing digital divide that hinders economic and social development in underserved communities. Internet ...

The funds will primarily go toward settling loans provided by Ethiopia’s largest bank to several state-owned companies, including Ethiopia Electric Power, Ethiopian Sugar Corp, and Ethiopia Railway ...

Private equity struggles persist as investors focus on smaller deals and debt financing, awaiting brighter prospects in Africa and beyond. Private equity in Africa has slowed down this year. According ...

West Africa is the leading region for powdered milk imports in Africa. While demand for dairy products is growing in the area, developing local dairy industries remains a significant challenge. In ...

The World Bank warns that without new climate adaptation measures, Senegal could experience annual GDP losses of up to 9.4% by 2050 due to climate-related disasters. Senegal could see a 2% boost in ...