Gold

Kenya
New investors make their entrance into the gold sector

South African, Indian and Kenyan groups have put themselves forward to secure gold mining and exploration licences in the Rift Valley, with several of the small firms in the running actually belonging to the same holding companies.

Ivory Coast
Ouattara puts pressure on mining minister over gold permits

The head of state is pointing the finger at inadequate oversight of gold mining permits and is taking back control of the sector from Mamadou Sangafowa Coulibaly. This comes in spite of the mining minister's close relationship with Deputy PM Téné Birahima Ouattara.

Burkina Faso
Captain Traoré ready to officially open country's first gold refinery

This modern facility, operated by the semi-state-owned company Raffinor, will also house an analytical laboratory and a smelter, and will offer on-site storage – in a highly secure facility – as well as export support services.

Sudan
Port Sudan turns to Saudi-Pakistani networks to revive gold sector

In search of levers to strengthen his portfolio, Mines Minister Nour al-Daem Taha hopes to attract investment from a Pakistani company in order to revive the mining sector, with the rehabilitation of Khartoum's state refinery in his sights.

Mali
Malian Bank BMS hires lobbyist to attract US investors

A delegation from BMS is due to travel to the United States in the coming months. To make the most of the trip, it is seeking help through a firm with strong connections in Washington.

DRC
Behind MIBA board of directors' move to cut diamond mining CEO loose

The majority of the firm's board members have written to President Félix Tshisekedi calling for the dismissal of André Kabanda Kana, who is at the helm of the state-owned firm. In addition to differences of opinion regarding the company's recovery plan, the letter also highlights allegations of improper expenditure.

The New Guard
Nigeria, Morocco, Uganda

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

NigeriaNere Emiko has ambitions for the Nigerian gold market

MoroccoMeyssane Alj Hakim, a cosmopolitan engineer

UgandaPatience Poni Ayikoru, a guardian of gender equality

Botswana
Nova Africa maps gold mine restart after legal battle for Mupane

Nova Africa's acquisition of the gold mine near Francistown in the east of the country was confirmed in the courts in May. Operations had been on hold since 2024 due to serious financial difficulties.

Ethiopia
Allied Gold launches last-ditch influence campaign to secure Zijin Gold asset sale

The sale of the Canadian miner's gold assets hinges on approval from China's top economic regulator. With the Ethiopian government yet to publicly endorse the transaction, Allied Gold has launched a media campaign aimed at removing the final obstacles before the 29 July deadline.

Cameroon
Yaoundé cracks down on illegal gold exporters to Dubai

Discrepancies between official export statistics and UAE import data have prompted Cameroonian authorities to try to identify gold smugglers in order to assess the scale of tax losses.

DRC
Inside SOKIMO's Mongbwalu gold deposit deal

After several years of deadlock, the state-owned company is turning to a new partner, British firm Horizon Corp, in order to revive a mining project in Ituri. The partnership provides for the settlement of a large portion of the former joint venture's debt, estimated at $40m at least.

Palace Intrigues
Alassane Ouattara, William Ruto, Mamadi Doumbouya

Intrigues big and small: every Thursday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

Ivory CoastAlassane Ouattara's personal trip to France

KenyaWilliam Ruto's warning to leaders of his political stronghold

Equatorial GuineaMMA champion Francis Ngannou misses encounter with Mamadi Doumbouya in Conakry

West Africa
BCEAO's Jean-Claude Brou eyes mining firms' gold

During a recent visit to Abidjan, the governer of the Central Bank of West African States met with several gold sector representatives to present his plan to purchase a share of their gold production.

Algeria
Recent talks between Algiers and Tashkent renew hopes for gold mining

Behind its official façade, Algerian President Abdelmadjid Tebboune's meeting with Uzbekistan's foreign minister had a strong focus on mining prospects.