Agreement between Guinea and High Power Exploration on an iron ore deposit
High Power Exploration (HPX) today signed with the Guinean government an agreement to acquire a 95% stake in the Nimba iron ore deposit owned...
Tanzania: Gold exports increased by 23% in one year
Tanzania's gold exports rose 23.3 percent between July 2018 and July 2019 to reach US $ 1.783 billion, according to a monthly economic report...
Dangote cement Cameroon sales fall in the first half of 2019
The subsidiary of the Dangote Cement Group recorded a drop in sales in the first half of 2019 in Cameroon.
According to the company's statistics,...
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...