Gold

Mozambique
Serdar Karliev expands his mineral sand interests

The London businessman of Russian origin Serdar Karliev founded his latest firm, Zinnia Minerals, in Maputo on 6 September.

Burkina Faso
Néré Mining rocked by shareholders' dispute

After the Karma gold mine was raided once again by attackers on 20 August, forcing owner Néré Mining to temporarily halt its extraction operations, the firm's deputy managing director Stefan Maré was fired by its co-founders Grégory Quérel and Elie Justin Ouédraogo.

The New Guard
DR Congo, Uganda, South Africa and Ghana

Every Wednesday, Africa Intelligence reveals the next generation of movers and shakers in business and politics.

DRC Dieudonne Tshibangu, Tshisekedi's PR

Uganda Daniel Obal, Museveni's poster boy

South Africa Siviwe Gwarube, new DA chief whip

Ghana Stephen Yeboah, a toolmaker for sustainable artisanal mining

Ivory Coast
Money laundering investigation rocks Ivorian banking sector

The Ivorian economic and financial criminal division has for several months been investigating suspected money laundering, amounting to nearly 52 billion CFA francs. The case is as spectacular as it is far-reaching, with Société Générale being the most threatened.

Botswana
How Rosy Blue bought its first diamond cutting facility in Botswana

After more than two decades of trying, the Indian-based diamond producer Rosy Blue has at last managed to secure a diamond cutting facility in Botswana.

Zimbabwe
Court hammers final nail in Falcon Gold's coffin

Former Zimbabwean gold heavyweight Falcon Gold's decline has reached a new low following a court ruling that revokes its latest gold licences in the southwest of the country.

Botswana
Mining services tycoons snap up prized property near Gaborone Dam

Best known as the owners of the mining services company Bothakga Burrow, which subcontracts for major Botswanan companies Debswana and Morupule Coal Mine, two businessmen are now investing in real estate in the capital's southwestern suburbs - a sector that is booming.

Ghana
Accra delays sale of Chirano mine to Asante in hope of better deal

The Ghanaian authorities are financially backing the sale of the Chirano mine, which should foster the emergence of a mining champion in the Western North region. But talks have hit a stumbling block over the state's stake and royalties in Asante Gold once the transaction has been finalised.

Zimbabwe
Black granite export ban causes rare frictions between Beijing and Harare

Although relations between China and Zimbabwe have reached new heights since China handed over the new Zimbabwean parliament building it has built and paid for in early July, a new law banning the exportation of black granite, which is in great demand on the Chinese market, has created some friction between the two countries.

Burkina Faso
Canada aid cut riles Burkinabe government but indirect funding continues

Some officials in Burkina Faso have expressed dismay at Ottawa's suspension of its direct budgetary support in the wake of the coup d'état. But Canada, the country's leading foreign investor through its mining companies, is maintaining the bulk of its aid.

Angola
Sonangol counts on diamond firms to boost revenue

A subsidiary of Angola's national oil company Sonangol, the telecom provider MSTelcom is hoping to offer its services to mining groups active in the province of Lunda Norte.