Resolute Mining, an Australian company, operates the Syama gold mines in Mali and the Mako mines in Senegal, with a target gold production of 365,000 ounces (10.3 tonnes) from these African sites. The ...

Despite security challenges, Burkina Faso's economy demonstrates resilience with promising outlooks. For the 2024 fiscal year, customs aims to collect $1.8 billion. In Burkina Faso, customs collected ...

Contrary to widespread perception, Nigeria emerges as the primary beneficiary of Cote d'Ivoire's trade, based on data released by the Ivorian customs administration covering the period from 2019 to ...

The European Union (EU) has greenlit financial support of €15 million ($16.08 million) under the European Peace Facility to bolster the Ivorian armed forces. This plan, made public on April 29, aims ...

Côte d'Ivoire's gold production has been steadily rising for a decade and is expected to reach 55 tonnes in 2024. This growth has attracted new investors seeking to tap into the country's gold ...

Niger, facing arrears due to ECOWAS sanctions, has stepped back into the regional financial market after a hiatus since August 2023. On April 26, the Sahelian nation mobilized a total of CFA457 ...

Sabodala-Massawa is Senegal's largest gold mine. Its owner plans to commission a new processing plant at the site. This year, the firm eyes an output of 11.33 t, up from 8.33 t last year. Endeavour ...

Tunisia has secured cumulative funding of $1.2 billion from the International Islamic Trade Finance Corporation (ITFC) to finance crude oil and refined petroleum product imports, the Ministry of ...

China has surpassed the United States as the most influential power in Africa in 2023 in terms of 'soft power.' This is the result of a survey carried out in 36 African countries among thousands of ...

CMOC and Glencore, the world's top cobalt producers, are maintaining their output despite a 60% price drop from the last peak. The Democratic Republic of Congo (DRC), where the firms operate, is ...

Servair Abidjan, a company that provides catering and cleaning services for aircraft and the Abidjan International Airport, has proposed a net dividend per share of CFA206.20 for FY2023. This ...

Nigeria's mining sector contributes less than 1% to the GDP, despite the country's $700 billion in mineral resources. Illegal mining is a major factor behind this low contribution, and the government ...