Via The Africa Report, a look at AngloGold Ashanti’s ambitions in Côte d’Ivoire: South Africa’s AngloGold Ashanti is preparing to gain a foothold in Egypt and Côte d’Ivoire after signing a $2.5bn deal with Centamin. Consolidation in the global gold mining sector continues apace. After Randgold’s acquisition of Barrick Gold in 2019, Endeavour Mining’s acquisition of Semafo and Teranga Gold between […]
Read more »Via Terra Daily, an article on Cote d’Ivoire’s economic shift towards natural resources: The discovery of huge deposits of natural resources including oil, gas and gold in the Ivory Coast is pushing the country’s economy in a new direction as it explores its underground potential.Over the last three years, the West African country — traditionally […]
Read more »Courtesy of The Africa Report, a report on the rollercoaster ride of foreign investment in the Sahel states: Over the last three years, the member states of the newly christened Confederation of Sahel States have been hit by a fall in foreign investment, particularly Burkina Faso. In its World Investment Report 2024, the United Nations […]
Read more »Via Bloomberg, a report on Eni’s plans to sell part of its Ivory Coast stake: Italian energy firm could sell up to 30% holding in operations Eni made biggest ever hydrocarbon discovery in Ivory Coast Eni SpA is planning to sell a stake in its Ivory Coast exploration operations in a potential deal that could be […]
Read more »Courtesy of The Financial Times, an article on Africa’s agricultural potential: An hour away from the medina of Marrakech and its throngs of tourists, plains of semi-desert stretch across the horizon. Here, at the Benguerir mine, huge diggers bore into the ochre earth to reach the phosphate rock beneath, a resource that could help shape […]
Read more »Via The Guardian, a look at how poor harvests in extreme weather conditions have led to a tripling of cocoa prices – but farmers have seen no benefit: Around the world this holiday weekend, people will consume hundreds of millions of Easter eggs and bunnies, as part of an annual chocolate intake that can exceed […]
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