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The IMF has expressed its support for Egypt’s ongoing reforms aimed at economic stability, assessed the economic impact of floods in Spain as localized, and noted signs of recovery in …
IMF Reaffirms Support for Egypt and Addresses Economic Conditions in Spain and Argentina Read More
Congo’s state miner Gecamines is offering nearly $1 million to acquire Chemaf’s cobalt and copper assets, aiming to block a Chinese takeover by Norinco. Chemaf is facing severe financial distress, …
Gecamines Offers $1 Million to Acquire Chemaf Assets, Thwarting Chinese Control Read More
A Chinese company has acquired an additional stake in a Peruvian power distribution firm, marking a significant investment in Latin America’s energy sector. This development aims to enhance energy distribution …
Chinese Firm Increases Investment in Peru’s Power Distribution Sector Read More
China is significantly boosting its mining efforts in the Democratic Republic of Congo, particularly in the copper and cobalt sectors, vital for the clean energy transition. Chinese companies dominate over …
China Strengthens Its Mining Operations in the Democratic Republic of Congo Read More
The IMF has expressed commitment to support Egypt’s economic reforms and aid amid regional challenges, with potential financial assistance following a crucial review. Condolences were offered to Spain for recent …
IMF Support for Egypt’s Reforms and Economic Stability Initiatives in Spain and Argentina Read More
Tanzania has agreed to pay US$27 million to a Canadian mining company to settle an ICSID case related to revoked mining licenses. This marks the third settlement the government has …
Tanzania Settles Third ICSID Mining Case with Canadian Company Read More
The IMF pledged its support for Egypt’s economic reforms and reviewed its financing needs, while also assessing the impact of floods in Spain and the economic stabilization efforts in Argentina, …
IMF’s Support for Economic Reforms in Egypt, Spain, and Argentina Read More
Kenya’s mobile money transactions rose to Sh6.5 trillion in early 2024, marking a 13.2% increase from 2023. This growth stems from Airtel Kenya’s policy changes promoting better fund retention and …
Kenya’s Mobile Money Transactions Surge to Sh6.5 Trillion in 2024 Read More
The Kipushi zinc-copper-lead-germanium mine in DRC officially reopened, led by President Félix Tshisekedi. This joint venture between Ivanhoe Mines and Gécamines marks a significant milestone after over three decades of …
Official Reopening of Kipushi Zinc Mine in DRC Marks Economic Milestone Read More
Andrada Mining has partnered with SQM to develop its Lithium Ridge asset, a strategically significant mining site near Uis Mine. The agreement involves a potential USD 20 million investment from …
Andrada Mining Partners with SQM to Boost Local Economy in Namibia Read More