Rio Tinto

Cameroon
Rio Tinto's comeback takes shape

Representatives of the British-Australian mining giant are expected in Yaoundé on 11 September.

Guinea
Conakry's plans for new fuel storage depots

While Turkish group Albayrak is currently helping Guinea with a temporary solution for the supply of fuel to the country, the Conakry junta is considering building two new depots in less populated port areas to the north and south of the capital.

Guinea
The new team at the Chambre des Mines

Karifa Condé, the new president of the Chambre des Mines de Guinée, was easily elected against Abdourahamane Diaby.

Guinea
How the Chambre des Mines protects its members

Under Ismaël Diakité's leadership, the organisation protected its members from the cancellations of mining permits introduced in mid-May by the junta's head.

Cameroon
Arise IIP shows growing interest in Douala port's timber terminal

While the Indian group's CEO Gagan Gupta is quietly making inroads into Cameroon, he is also interested in taking over an asset operated by Africa Global Logistics.

Guinea
KPMG draws up strategy for Doumbouya's increasingly costly Simandou 2040 plan

More than 30 consultants from multinational KPMG are working on the ruling junta's new economic strategy. The aim is to use the windfall from Guinea's iron ore mega-project to diversify the economy and boost its growth.

Madagascar
Sahofika hydroelectric dam project takes shape

Several major groups have positioned themselves to win the tender for the dam on the Onive river. The participation of Madagascar's sovereign wealth fund means that the venture will begin soon.

Madagascar
Base Toliara company speeds up revision of mining investment legislation

Large-scale mining investment legislation could be updated this year, thanks in part to the lobbying of the mines minister by Base Toliara's management.

Cameroon
Edéa-Kribi railway project could be back on track

Africa Global Logistics and Arise IIP are in talks to create a rail link between the port of Kribi and the mining town of Edéa. Yet it's a project that comes up time and time again but never comes to fruition.

Madagascar
Rio Tinto withholds payment due to sovereign wealth fund dysfunction

The payment by QIT Minerals Madagascar of $12m in dividends for 2023, which should have been lodged with the Fonds Souverain Malagasy last August, will be delayed a little longer as the firm does not deem the sovereign fund to be functional.

The New Guard
Libya, Somalia, South Africa

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

LibyaAhmed Albibas, civil rights champion

SomaliaFathi Bashe, youth ambassador for the Horn of Africa

South AfricaMqokeleli Gomba, chief engineer at Richards Bay

Madagascar
Rio Tinto subsidiary QMM recruits high-profile anti-graft campaigner

The lawyer Sahondra Rabenarivo, a well-known face on the anti-corruption scene, is going into the private sector. She has been appointed as corporate and external relations director at Qit Mineral Madagascar, the local subsidiary of Rio Tinto.

Guinea
China's Baowu beefs up its Simandou workforce

Baowu Steel has strengthened its teams on the Mount Simandou iron ore megaproject, with around 150 people, mainly from China.

Madagascar
Base Toliara seeks tax benefits and stability guarantees

Work on the $770m project will begin in 2026, but in the meantime the mining company is seeking special status under the Law on Large Mining Investments, which it considers more favourable to investors.