Via Al Monitor, a look at Morocco’s efforts to link the restive Sahel to the Atlantic Ocean: A planned trade corridor linking the landlocked Sahel to the Atlantic is at the heart of an ambitious Moroccan project to tackle regional instability and consolidate its grip on disputed Western Sahara. The “Atlantic Initiative” promises ocean access […]
Read more »Via Africa News, a report on the landlocked countries of Mali, Burkina Faso and Niger which have endorsed an initiative by Morocco to give them access to the Atlantic Ocean: The foreign ministers of the three military-ruled West African nations shared their countries positions during a meeting Monday with King Mohammed VI in Rabat, the […]
Read more »Via The Economist, a report on how mining multinationals are learning to do business with juntas: THE BOSS of Barrick Gold, a Canadian mega-miner and the world’s second-largest gold producer, is no stranger to bust-ups with African governments. In an interview with The Economist at a big annual African mining conference in Cape Town this month, Mark Bristow […]
Read more »Via The Assay, a look at whether West Africa has become uninvestable: Despite gold being among the best-performing asset classes in 2024, the gold equity exchange-traded funds (ETFs), for major precious metal producers, (GDXJ +13% and GDX +9%) did not deliver the expected leverage. Among a peer group of 17 gold mining companies, IAMGold Corp. […]
Read more »Via Reuters, a report on ECOWAS’s efforts to persuade Mali, Burkina Faso, and Niger to stay within the bloc: Mali, Burkina Faso and Niger will have a six-month grace period after their scheduled exit from West Africa’s main political and economic group next month during which the ECOWAS bloc will try to persuade them to […]
Read more »Via Bloomberg, an article on Turkey’s interest in Niger’s mining sector: Niger and Turkey sign provisional pact for mining exploration Junta revoked French, Canadian companies’ permits last year Turkey and Niger signed a provisional pact to boost cooperation in mining, a sign of closer ties between the countries as new powers jostle for access to […]
Read more »