The election is just months away and Zambia's $12bn debt, its relations with China and its violent clashes with its historic copper partners weigh heavily on Edgar Lungu's tenure. To preen his image, his teams are busy working on the country's gold resources to generate revenue and jobs. [...]
Having acquired Semafo and merged with Teranga, the gold producer Endeavour Mining, partly owned by the Egyptian magnate Naguib Sawiris, is in the process of of selling off three sites in Mali, Ivory Coast and Burkina Faso. Africa Intelligence has the lowdown on the potential buyers and the asking prices. [...]
The head of the powerful coffee and cacao board Yves Brahima Koné has blocked over 1,200 cargos handled by Cargill, Olam and Barry Callebaut as a squabble over this season's cocoa price drags on. [...]
The freeze-out of Alex-Bernard Bongo, the president's half-brother who has run Gabon's digital infrastructure for the past ten years, is the sign of greater changes to come in the management of the country's networks. [...]
The Algerian head of state Abdelmadjid Tebboune is planning to reshuffle his government and shake up the political calendar in a bid to get back in the saddle after more than a month in a German hospital. [...]
The contract to build the Damerjog oil refinery in Djibouti, destined to receive crude from South Sudan, has been given to a mystery company which has no experience whatsoever in this type of project. [...]
Australia's MRG Metals, which already holds a permit to prospect for heavy mineral sands at the mouth of the River Limpopo in between two industry giants, China's Dingsheng and its compatriot Rio Tinto, recently secured further prospecting licences in the hope of attracting investors. [...]
The European Investment Bank (@EIB) has for the last month been studying the case for making a fresh €10m contribution to social start-up studio Janngo, which was set up in 2018 by Fatoumata Bâ. https://t.co/zj0hW0scYm
#Senegal's national electricity company @Senelecofficiel is determined not to make the same mistakes that led to financial disaster for the #Sendou coal-fired power plant. https://t.co/sNGEbNmq5o
Having acquired Semafo and merged with Teranga, the gold producer @EndeavourMining, partly owned by the Egyptian magnate @NaguibSawiris, is in the process of of selling off three sites in #Mali, #IvoryCoast and #BurkinaFaso. https://t.co/CmCRTbucqS
