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Tag: KFW DEVELOPMENT BANK

Companies

Malawi Implements Export Ban on Minerals to Reform Mining Sector

February 14, 2025February 14, 2025 - by Liam Nguyen - Leave a Comment

Malawi has banned the export of gemstones and minerals to reform its mining sector. This decision follows an order to review existing contracts amid demands for billions owed from foreign …

Malawi Implements Export Ban on Minerals to Reform Mining Sector Read More
Companies

Malawi Enacts Temporary Ban on Mineral Exports to Enhance Regulations

February 13, 2025February 13, 2025 - by Marcus Chen - Leave a Comment

Malawi has imposed a temporary ban on mineral exports to enhance regulatory frameworks within the mining sector. This initiative aims to promote a more efficient industry that supports the country’s …

Malawi Enacts Temporary Ban on Mineral Exports to Enhance Regulations Read More
Companies

Tanzania to Enforce Ban on Foreign Currency for Local Transactions

February 11, 2025February 11, 2025 - by Sofia Nawab - Leave a Comment

Tanzania plans to ban foreign currency for local transactions starting July 1. The initiative, spearheaded by the Bank of Tanzania and the Ministry of Finance, mandates the exclusive use of …

Tanzania to Enforce Ban on Foreign Currency for Local Transactions Read More
Companies

Minera Escondida Limitada Secures US$600 Million Loan for Operational Expansion

December 13, 2024December 13, 2024 - by Carmen Mendez - Leave a Comment

Minera Escondida Limitada has obtained a US$600 million loan, facilitated by Sullivan & Cromwell LLP and Urenda Rencoret Orrego y Dörr Abogados, aimed at strengthening its operational capabilities within the …

Minera Escondida Limitada Secures US$600 Million Loan for Operational Expansion Read More
Companies

Mountain Collapse in Congo Uncovers Copper Reserves, Sparking Concerns of Exploitation

November 19, 2024November 19, 2024 - by Sofia Nawab - Leave a Comment

A mountain collapse in the Katanga region of the Democratic Republic of Congo has uncovered large quantities of copper, raising concerns about potential exploitation by foreign entities. The region is …

Mountain Collapse in Congo Uncovers Copper Reserves, Sparking Concerns of Exploitation Read More

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