Tunisia: discoveries of oil

Good news for Tunisia. Dutch oil and gas exploration and production group Mazarine Energy and ETAP announce the discovery of an oil well in...

Gold: Ghana outperforms South Africa

According to the World Bank, there is a small revolution in African gold production in 2018. Thus, Ghana has dethroned South Africa, falling to...

Chad: The sugar company on the brink of bankruptcy

The Chadian Sugar Company (CST) threatens to put the key under the mat because of the slump in its production due to fraud, smuggling...

Central African Republic: Strategies to boost diamond production

Central African President Faustin Archange Touadéra has just completed a European tour where he has invited mining companies to invest in diamond production in...

Cameroon: an extension of the Mbalam Iron Operating Agreement

The Cameroonian authorities could extend the operating agreement for the Mbalam mining project located in the east of the country to June 30, 2019,...

Ivory Coast: Barry Callebaut-Saco opens a cocoa grinding unit in Abidjan

Côte d'Ivoire, the world's largest cocoa producer, wants to locally process 50% of its cocoa bean production to increase farmers' income and fight poverty. The...

Côte d’Ivoire destroys 18,000 tonnes of damaged rice

The Ivorian government announces the destruction of 18,000 tons of "substandard" rice. The 18,000 tons of rice from India and Burma that were stored at...

Morocco: ENI sells 30% of its share to Qatar Petroleum on Tarfaya Offshore Shallow

In Morocco, the National Office of Hydrocarbons and Mines (ONHYM) has announced a farm-out agreement between the Italian oil company ENI and Qatar Petroleum...

Cocoa: the first producer meets the world’s leading grinder

The Director General of the Ivory Coast Coffee-Cocoa Council, KONE Brahima Yves, received in audience a Dutch delegation of 35 businessmen led by the...

Bad news for the DRC: the price of cobalt collapses

While the Democratic Republic of Congo (DRC) is experiencing a historic alternation, the price of cobalt collapses on international markets. Owing to 60% of...

Guinea: Alpha Condé wins pyrrhic victory over Simandou

Five years of legal proceedings later, Guinea changes strategy and chooses negotiation. Following an amicable settlement reached on February 25, 2019 with BSR Resources...

Mauritania: Aura Energy to sell 800,000 pounds of uranium to Curzon

Australian uranium company Aura Energy will sell 800,000 pounds of uranium oxide (U3O8) to Curzon Uranium Trading (CUT) over a 7-year period during the...

Egypt plans $ 9 billion for modernization of six of its oil refineries

Egyptian oil minister Tarek El Molla announced on January 20, 2019 in Cairo that the country will upgrade six of its oil refineries at...

For $ 1.14 billion, China Molybdenum strengthens its mining interests in the DRC

Chinese company China Molybdenum has entered into a share transfer agreement with Sino-US BHR to buy back its capital in the Tenke copper mine....