Africa

Maniema: NGOs Denounce a Mafia Network in the Exploitation of Coltan and Cassiterite

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November 2025 Two human rights defence organisations, PELDDH (Patrice Emery Lumumba for Community Development, Defence and Promotion of Human Rights) and IPDHOR (Initiative for the Protection of Human Rights and Social Reintegration), are sounding the alarm on a presumed mafia system surrounding the exploitation of coltan and cassiterite in Maniema province. In a joint communiqué, […]

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Honourable Louis Watum, Minister of Mines of the DRC: Forty-five Billion US Dollars Committed to the Congolese Mining Sector

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November 2025 The mining sector of the Democratic Republic of Congo (DRC) is a major pillar of the national economy, representing more or less 80% of budgetary revenues and nearly 50% of public revenues. According to a survey by the Extractive Industries Transparency Initiative (EITI) published in 2023, this sector also constitutes 99% of exports

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Financial Modelling Recommended to Strengthen Supervision and Regulation of the Congolese Mining Sector

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November 2025 Kinshasa hosted on Tuesday 25 November, at the Pullman Chapiteau, a high-level Forum on the refinement and strengthening of the macroeconomic framework model through the inclusion of forecasts of budgetary revenues from the extractive sector. As a member of the high-level panel, the National Minister of Mines, Louis Watum Kabamba, spoke on “The

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The African Development Bank Group and the United States Exchange Views on Common Opportunities to Support Economic Transformation

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November 2025 The Deputy Director General of the African Development Bank Group (www.AfDB.org) for West Africa, Joseph Martial Ribeiro, received on 17 November at the institution’s headquarters in Abidjan a high-level American delegation led by Jessica Davis Ba, United States Ambassador to Côte d’Ivoire, and Alex Severens, Alternate Executive Director of the Bank Group for

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Barrick Will Pay 430 Million Dollars to Mali to Settle Their Mining Dispute

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November 2025 Barrick Mining is said to have agreed to pay 244 billion CFA francs (430 million dollars) as part of its agreement with Mali, under the deal concluded by the company to end a two-year dispute that led to the closure of the Loulo-Gounkoto gold complex, according to Bloomberg. The payment is expected to

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Rio Tinto Increases Its Stocks of Simandou to 2 Million Tonnes for the First Shipment

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Rio Tinto has stockpiled 2 million tonnes of high-grade iron ore at its Simandou project in Guinea for a shipment in mid-November, three sources told Reuters, which would be the first from the mega-mine that should reshape global supply and prices. In its third-quarter production report published, Rio declared that SimFer – one of the

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A Kenyan Tribunal Blocks a 2 Billion Dollar Coal Power Plant on a Heritage Site

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A high Kenyan court has blocked the construction of a 2 billion dollar coal-fired power plant near the coastal town of Lamu, which is home to a site listed as a UNESCO World Heritage site. The developers of the 1,050 megawatt installation, majority-owned by Centum Investment Co., failed to ensure adequate public participation, declared Judge

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The AFC Launches a Call for Tenders for the Construction of a Railway Link in Zambia

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October 2025 The Africa Finance Corp. intends to launch a call for tenders from companies for the construction of a new railway link between the copper-rich region of Zambia and an existing line that leads to the Angolan port of Lobito in the coming months. The call for tenders will be divided into three parts,

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Breaking: Congo Builds First Gold Refinery to Capture Value

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Congo Launches Its First Gold Refinery Pilot — A Historic Step for the Country’s Mining Industry The Democratic Republic of the Congo has reached a historic milestone with the launch of its first pilot gold refinery in Kalemie, Tanganyika Province. The refinery, DRC Gold Refinery S.A., was officially inaugurated on 11 March 2026, marking a

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