The Democratic Republic of Congo (DRC), the world’s top producer of cobalt, loses nearly $1 billion every year to illegal trade, exacerbating conflict and deepening poverty, according to political analyst Oluwole Ojewale from the Institute for Security Studies. The True Cost of the DRC’s Cobalt Boom The DRC supplies 70%Continue Reading
The Bank of Zambia (BoZ) has raised its base interest rate by 0.5 percentage points, moving from 14% to 14.5%, in a strategic effort to stabilize the Kwacha and control inflation. Why the Rate Hike? The decision, announced after the Monetary Policy Committee (MPC) meeting held from February 10-11, alignsContinue Reading
HARARE – Chinese investments in Zimbabwe have not improved the lives of ordinary citizens, the United States ambassador to Harare Pamela Marie Tremont said, highlighting rising poverty and worsening inequalities despite significant financial inflows. “The number of people living below the poverty line has doubled since 2011 despite the significantContinue Reading
Zambia’s Minister of Transport and Logistics, Hon. Frank Tayali, has highlighted the Lobito Corridor Project as a game-changing initiative that will establish Zambia as a leading hub for electric vehicle (EV) battery production and assembly. Speaking at the Lobito Corridor Stakeholder Discussion during the recent Mining Indaba in South Africa,Continue Reading
HARARE – Zimbabwe earned US$209 million from lithium exports in the first nine months of 2023, nearly treble last year’s earnings, Mines Minister Zhemu Soda said on Wednesday, as Chinese-driven mining and processing projects take off. Africa’s top lithium producer, Zimbabwe hopes demand for the mineral, which is key forContinue Reading
DRC Gold Trading SA, a state-owned mining company in the Democratic Republic of Congo (DRC), announced on its official X account on Tuesday, January 21, that it successfully exported 200 kilograms of gold in January. This gold was sourced from artisanal and small-scale mining operations. The exports were facilitated byContinue Reading
Shares of Tertiary Minerals PLC (AIM: TYM) skyrocketed by 16% following the announcement of a game-changing discovery of economically significant silver and cobalt deposits at its Mushima North Project in Zambia. High-Grade Silver Hits The UK-based exploration company reported impressive drill results, including a standout 59-metre section grading 25 gramsContinue Reading
In the dynamic landscape of African industry, DGC Workforce Solutions exemplifies over 115 years of excellence and innovation. As a distinguished division of the Dickinson Group of Companies, established in 1910, DGC Workforce Solutions has grown from its industrial services foundations to become a leading provider of integrated workforce solutionsContinue Reading
DRC Showcases Visionary Leadership at Mining Indaba 2025 The 2025 Investing in African Mining Indaba will host a prestigious delegation from the Democratic Republic of the Congo (DRC), led by H.E. Kizito Pakabomba Kapinga Mulume, Minister of Mines, and Hon. Louis Watum, Minister of Industry and Small and Medium EnterpriseContinue Reading
On January 18, 2025, President Félix-Antoine Tshisekedi of the Democratic Republic of Congo (DRC) delivered an address to ambassadors accredited to the country, spotlighting the government’s efforts to enhance the traceability of “strategic” minerals sourced from the eastern region. In his speech, Tshisekedi emphasized the critical importance of transparency andContinue Reading
