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...

US Treasury lifts sanctions against Dan Gertler

Israeli businessman Dan Gertler nicknamed the King of the Diamond, practicing in the DRC for almost 20 years, has just been re-authorized to transact...

Towards the opening of 30 rice factories in Ivory Coast

The Ivorian state plans to open 30 rice factories by June 2018 throughout the country to bring more local production. The revelation was made Monday,...

Côte d’Ivoire has already sold 1.7 million tonnes of cocoa in advance

Ivory Coast has already sold, since mid-August, 1.7 million tonnes of cocoa on its next crop of cocoa to start in early October next...

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,...

Gécamines responds to unilateral communications from Katanga Mining Limited

On November 6, 2018, Katanga Mining Limited issued a press release announcing the temporary suspension and until further notice of exports and sales of...

Guinea: US sanctions against Russia could have collateral repercussions

The consequences of Donald Trump's decision on Friday, April 6, 2018, to punish 24 people close to Russian President Vladimir Putin, including Russal's CEO,...

Equatorial Guinea: Chevron strengthens its presence in gas production

The commissioning of the first phase of the Alén Gas Hub-Backfill project intended for the treatment of gas at Punta Europa by Noble Energy...

Cocoa: SGBCI launches “price risk coverage” offer on the Ivorian market

SGBCI, the general banking company in Côte d'Ivoire, presented this July 19, through its regional market room based in Abidjan, a new offer on...

Senegal: strong rise in gold exports

The figures are from the National Agency for Statistics and Demography (ANSD). According to this official body, Senegal's exports of non-monetary gold reached $...

Barrick and Randgold Merge to Become World’s Number One Gold

South African Randgold finally merged with Canada's Barrick Gold. The transaction, which represents $ 18.3 billion, excluding debt, gives birth to the world's number...

DRC: AVZ Minerals to sell Manono tin to Noble Group Holdings

DR Congo-based mining company AVZ Minerals to sell Manono tin (Tanganyika province) to commodity giant Noble Group Holdings based in Hong Kong as part...

South Africa adopts new mining charter to correct economic inequalities

The South African government has unveiled a new mining charter that requires mining companies to increase the share of their shareholding owned by blacks...

Hard blow for Mozambique: Total suspends its mega-gas project

The French group Total has announced that it has indefinitely suspended its $ 20 billion liquefied natural gas (LNG) mega-project in Mozambique. This after...
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