Moody’s comments on impact of Government’s coronavirus measures on Democratic Republic of Congo’s banks On 24 March, the Democratic Republic of Congo’s (DRC, Caa1 stable) central bank cut its benchmark interest rate and announced measures to reduce the adverse effects of the coronavirus outbreak on the economy. The measures includeContinue Reading
Angola has marked the 37th anniversary of Mining Labor Day. H.E Diamantino Pedro Azevedo, the country’s Minister for Mineral Resources, Oil and Gas celebrated the day by highlighting developments achieved within the mining industry under the leadership of H.E João Lourenço, President of Angola. The Minister emphasized the resilience ofContinue Reading
The global COVID-19 outbreak is not just a health catastrophe but increasingly is evolving into an economic crisis of global proportions. What does this mean for Africa’s energy story? On one hand, the envisaged economic rebuilding process will present a huge opportunity for the fast-tracking of low-carbon investments. With organisationsContinue Reading
As the only earth sciences consulting firm at the recent DRC Mining Week in Lubumbashi, SRK Consulting said the large turnout and positive mood was a good indication of the country’s mining momentum. According to Dominique Sambwa, chairperson of SRK Consulting DRC, energy supply and the green transition were keyContinue Reading
The American government’s powerful finance arm, the Export-Import Bank of the United States (EXIM) has introduced a raft of measures designed to provide support and liquidity for the country’s significant number of exporting companies. Given EXIM Bank’s historic $5 billion investment in Mozambique LNG – its largest ever committed toContinue Reading
Improving global economic conditions – alongside growing sustainability demands – are set to inject a revived energy and much lively discussion into this year’s DRC Mining Week. According to SRK Consulting DRC country manager Susa Maleba, the mining landscape in the Democratic Republic of Congo (DRC) is buoyant, stimulating bothContinue Reading
Metalshub, the digital platform for buyers and sellers of metals and ferroalloys, managed to almost fivefold its platform turnover in 2019 to reach 100 million euro. The word that perfectly describes the year 2019 for Metalshub is “growth”. The digital metal marketplace was able to grow to 100 million euroContinue Reading
DRC mining minister to attend long running event in Copperbelt The long-awaited homecoming of the DRC Mining Week expo and conference is only one week away: it kicks off next Wednesday, 1 June and will gather thousands of mining professionals, celebrating its return to Lubumbashi. The DRC’s minister of mines, H.E. Antoinette N’Samba Kalambayi,Continue Reading
South African technical know-how in great demand on the continent South Africa’s Department of Trade, Industry and Competition (dtic) is hosting a South African pavilion at the upcoming DRC Mining Week, taking place in Lubumbashi from 1–3 June. The delegation comprises 20 South African firms that specialise in the latest miningContinue Reading
At Bauma 2022, Bobcat will be presenting several new products and technological developments for the first time at the exhibition. The Bauma stand will feature a comprehensive display of the latest Bobcat wheeled and tracked loaders, mini-excavators including four new exciting additions in the 5 to 8 tonne category, theContinue Reading
