(Ecofin Agency) - The price of gold has increased by 30% since the start of the year, benefiting Burkina Faso, where gold constitutes 77% of exports, 16% of GDP, and 22% of government revenue, ...

Côte d'Ivoire's gold potential is estimated at 600 tonnes. The country is looking for new viable deposits to bolster its gold production, which hit 51 tonnes in 2023. During the Council of Ministers ...

Saudi Arabia is set to enter Zambia’s copper sector through a partnership with First Quantum Minerals. In 2023, Saudi Arabia established a company focused on mining investments, particularly in ...

Last month, AngloGold Ashanti sealed a $2.5 billion deal to acquire Centamin. The move will give the South African company control of Egypt's largest gold mine, which can produce up to 500,000 ounces ...

Manganese is Gabon’s third-largest export after oil and timber. Most of the country’s production comes from Eramet, a French company. The firm, however, recently cut its forecast for 2024–a move that ...

During its 357th board meeting, the Islamic Development Bank announced a $3 billion funding package for 17 of its member countries. On October 14, the Islamic Development Bank (IsDB) approved more ...

The Ivorian government attributes this outcome to effective resource mobilization and careful spending management, despite challenging global conditions. Côte d'Ivoire wrapped up its FY2023 with a ...

In February 2023, the state-owned telecom operator Celtiis announced its network was ready for 5G. Now, more than a year and a half later, its rivals in Benin are making the same promise. MTN and Moov ...

Olumide Balogun, Google’s Director for West Africa, recently announced that artificial intelligence (AI) could contribute up to $1.5 trillion to Africa's GDP by 2030. He made this statement during the ...

Now sitting at 65th on the list of the world's richest people, the head of Dangote Group has reached a new peak in wealth, according to the index. This significant rise in his fortune primarily ...

Senegal's first Islamic microfinance institution has signed a loan agreement with Fonsis. This funding will help expand the availability of Islamic financing for local SMEs. The Islamic microfinance ...

While the EU is Africa’s largest trading partner, with trade reaching nearly €367 billion in 2023, stronger economic and trade integration within Africa will create a vast unified market of 1.3 ...