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Tag: EXPLORATION

Companies

Zimbabwe Seeks Increased Ownership in Mining with New 26% Free Carry Interest Policy

January 14, 2025January 14, 2025 - by Marcus Chen - Leave a Comment

Zimbabwe plans to enforce a 26% free carry interest in new mining projects, reflecting a broader trend among African nations seeking greater stakes in their mining activities. The government will …

Zimbabwe Seeks Increased Ownership in Mining with New 26% Free Carry Interest Policy Read More
Companies

Zijin Mining Group to Commence Lithium Production in DRC by Early 2026

January 11, 2025January 11, 2025 - by Liam Nguyen - Leave a Comment

Zijin Mining Group plans to start lithium production in the DRC by Q1 2026 through a joint venture with Cominiere, having secured rights to two projects near the Manono lithium …

Zijin Mining Group to Commence Lithium Production in DRC by Early 2026 Read More
Companies

Marsa Maroc Expands African Operations with New Subsidiaries in Djibouti and Benin

January 6, 2025January 6, 2025 - by Liam Nguyen - Leave a Comment

Marsa Maroc is enhancing its African presence by establishing subsidiaries in Djibouti and Benin, investing in oil and gas port operations in Djibouti while managing terminals in Benin. The move …

Marsa Maroc Expands African Operations with New Subsidiaries in Djibouti and Benin Read More
Companies

Uganda Plans to Launch Third Oil Exploration Licensing Round

January 6, 2025January 6, 2025 - by Sofia Nawab - Leave a Comment

Uganda is set to launch its third petroleum exploration licensing round in the 2025/2026 fiscal year. This initiative will open new areas for oil and gas exploration amid ongoing development …

Uganda Plans to Launch Third Oil Exploration Licensing Round Read More
Companies

Huaxin Cement’s Strategic Expansion into Nigeria: A $1 Billion Investment

December 16, 2024December 16, 2024 - by Carmen Mendez - Leave a Comment

Huaxin Cement plans a $1 billion investment in Nigeria to expand its operations, targeting significant growth in sub-Saharan Africa. Currently operating ten cement plants in the region, Huaxin aims to …

Huaxin Cement’s Strategic Expansion into Nigeria: A $1 Billion Investment Read More
Companies

Brazil and Argentina Prepare to Auction International Bridge Concession

November 8, 2024November 8, 2024 - by Sofia Nawab - Leave a Comment

Brazil and Argentina are set to auction a concession for a crucial international bridge, aiming to improve regional infrastructure and economic ties. This project is expected to attract global companies …

Brazil and Argentina Prepare to Auction International Bridge Concession Read More
Companies

Brazil and Argentina Prepare for International Bridge Concession Auction

November 8, 2024November 8, 2024 - by Marcus Chen - Leave a Comment

Brazil and Argentina are set to auction the concession for an international bridge to improve cross-border trade and transportation, with expected interest from domestic and international bidders. Brazil and Argentina …

Brazil and Argentina Prepare for International Bridge Concession Auction Read More
Companies

Ethiopia Strengthens Ties with South Sudan Through $738 Million Loan for Infrastructure Project

November 6, 2024November 6, 2024 - by Allegra Nguyen - Leave a Comment

Ethiopia has extended a $738 million loan to South Sudan to construct a 220-kilometer cross-border road. The road will connect South Sudan’s regions of Paloich, Maiwut, and Pagak with Ethiopian …

Ethiopia Strengthens Ties with South Sudan Through $738 Million Loan for Infrastructure Project Read More
Companies

Ethiopia Extends $738 Million Loan to South Sudan for Cross-Border Road Project

November 5, 2024November 5, 2024 - by Carmen Mendez - Leave a Comment

Ethiopia has granted South Sudan a $738 million loan to support a 220-kilometer cross-border road project. This initiative aims to connect key border areas and is set to be repaid …

Ethiopia Extends $738 Million Loan to South Sudan for Cross-Border Road Project Read More
Companies

Amsons Group Announces Major Investments in Tanzania and Kenya

November 1, 2024November 1, 2024 - by Marcus Chen - Leave a Comment

Amsons Group will invest USD 320 million to build a cement plant in Tanzania and plans an upgrade at Mbeya Cement. The company intends to invest USD 400 million in …

Amsons Group Announces Major Investments in Tanzania and Kenya Read More

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