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Business Africa

Trump Names Stephen Miller Chief of Staff After Midterm Rout

US President Donald Trump has appointed longtime adviser Stephen...

China and Gabon Elevate Relations, Deepen Mining and Security Cooperation

China and Gabon have elevated their bilateral relationship to...

Fola Aiyesimoju’s UAC Stake Nearly Doubles to $10.8 Million as Shares Rally

Nigerian investment dealmaker and UAC of Nigeria Group Managing...

Mali Creates State-Owned Company to Manage Mining Holdings

Mali’s government has established a state-owned company to manage its equity stakes in mining operations, aiming to strengthen oversight and maximize returns from the...

Sibanye Expects Short-Term Platinum Price Volatility, But Return to Previous Lows Unlikely

South African miner Sibanye Stillwater expects short-term volatility in platinum prices but does not foresee a return to the “unsustainably low” levels seen about...

Angola’s Endiama Seeks to Raise Diamond Output Further After 2024 Record

Angola’s state-owned diamond producer Endiama plans to further increase output after recording 14 million carats of production in 2024, the highest level in the...

Harmony Gold Says Newly Acquired Australian Copper Mine Requires Two-Year Revamp

South Africa’s Harmony Gold says its recently acquired CSA copper mine in New South Wales, Australia, will require a substantial operational overhaul that could...

Mozambique Pushes to Keep South32 Aluminium Smelter Open, Minister Says

Mozambique is intensifying efforts to keep South32’s Mozal aluminium smelter operating, highlighting its importance to jobs, exports and the broader economy, the country’s mineral...

Egypt Plans $1 Billion Red Sea Marina, Hotel Development

Egypt has unveiled plans for a $1 billion marina and hospitality development on its Red Sea coast as it steps up efforts to strengthen...
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