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
Global miner and commodity trader Glencore has confirmed that it turned down an unsolicited bid for its operations in the Democratic Republic of Congo (DRC) at the end of last year. “Glencore has not engaged any banks or advisors and is not running a sale process for its operations inContinue Reading
The Democratic Republic of Congo (DRC) has classified certain mining sites in Masisi (North Kivu) and Kalehe (South Kivu) as “Red” zones, citing security concerns and the illicit trade of minerals. The Minister of Mines, Kizito Pakabombe, signed the ministerial order on February 12, 2025, placing restrictions on these areasContinue Reading
HARARE – Zimbabwe is forecasting a strong economic growth rebound, expecting a rise to 6 percent in 2025, up from just 2 percent this year. The recovery will be driven by improved agricultural performance and enhanced power generation, following the impacts of a severe drought, according to Finance Minister MthuliContinue Reading
Zambia made an unforgettable impression at the 2025 Mining Indaba, showcasing its growing influence in the mining sector with a packed Country Showcase that captured global attention. As Africa’s second-largest copper producer and a rising leader in critical minerals like cobalt and lithium, Zambia is positioning itself as an unparalleledContinue Reading
At the 37th special session of the Human Rights Council in Geneva on February 7, 2025, the International Chamber of Commerce and Development (CCID) called on the United Nations to increase transparency in the transfer of raw materials from Rwanda, emphasizing the need for stricter oversight to combat mineral exploitationContinue Reading
CAPE TOWN, February 2025 – An engagement at the current Investing In African Mining Indaba event came to a heartwarming climax when a major mining company committed to enhance its local procurement in DRC in response to insights from a local community organiser. The incident came at the end ofContinue Reading
Cape Town, South Africa, February 5, 2025: – Africa must take bold actions to harness its resources, create jobs, and build industries that will ensure prosperity for future generations, stated the African Export-Import Bank (Afreximbank) to African leaders, policymakers, mining industry leaders, and global partners at the African Mining IndabaContinue Reading
The 327-kilometre Lusaka-Ndola dual carriageway project is set to serve as a crucial test case for the long-term viability of concession-based infrastructure projects in developing economies, according to Public-Private Development (PPD) specialist Vicente Valencia. With a total investment of US$650 million, the project operates under a 25-year concession agreement, comprisingContinue 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
