Old Mutual achieved its strongest profit since 2019, but continues to struggle outside of South Africa. However, its alternative investment division, which has a strong presence in Côte d'Ivoire, ...
Food inflation in Nigeria dropped significantly to 23.51% in February 2025, down from 37.92% in the same month of 2024. This was revealed in the latest Consumer Price Index (CPI) report by the ...
After building his mega refinery, Dangote is now looking to develop a seaport in Ogun State. The port could help streamline the supply chain for some of his cement plants and the nearby refinery.
Australian mining company Genmin has been developing the Baniaka iron ore deposit in Gabon, which has the potential to produce 10 million tonnes of iron ore annually. The company initially planned to ...
After exporting 16,000 tonnes in 2021, the Democratic Republic of Congo (DRC) saw its zinc exports slump in the following two years. However, the tides turned last year. Drastically so. Zinc exports ...
Minerals contribute 70% of Rwanda's exports and 3% of its GDP. However, critics accuse Rwanda of benefiting from rebel-led plundering of mineral resources in the eastern Democratic Republic of Congo ...
In early March 2025, an IMF team from Washington visited Kinshasa. No official statement was released at the end of the trip, so Bankable reached out to the IMF’s resident representative in the ...
People in Central Africa could soon enjoy free roaming, allowing them to communicate freely between countries in the sub-region without any extra charges. A three-month deadline has been set for ...
The report highlights that nearly half of the ports built or operated by Beijing in Africa have the technical and structural capabilities to accommodate Chinese naval fleets. Chinese state-owned ...
Lotus Resources should resume operations at its Kayelekera uranium mine in Malawi by the third quarter of 2025, amid a rising global demand. Nuclear power plants are already securing future production ...
Artisanal and small-scale mining (ASM) makes up over 70% of Nigeria's mining activities and supports millions of people, according to the UNDP. However, its informal nature fosters massive tax losses ...
BOAD has significantly increased its commitment to Benin, 'In just four years, BOAD has invested the equivalent of 30% of all the funding it has provided to Benin over its 52-year history, marking a ...