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Daley Offloads South32's $5.6 Billion Aluminum Asset, Pivots to Copper, Zinc
Daley Offloads South32's $5.6 Billion Aluminum Asset, Pivots to Copper, Zinc

Newly appointed CEO Matt Daley, on his first day in office on July 1, announced the sale of the company's aluminum value chain assets to Alcoa for up to $5...

2 months ago | Emmanuel Oluwafemi Oniyide
South African Mining Costs Jump 5.3% in May as Middle East Energy Shock Hits
South African Mining Costs Jump 5.3% in May as Middle East Energy Shock Hits

South Africa's mining input cost pressures accelerated sharply in May, with the Minerals Council's Mining Composite Input Cost Index rising to 5.3% year-on...

2 months ago | Emmanuel Oluwafemi Oniyide
New book Exposes South Africa’s Illicit Gold Trade
New book Exposes South Africa’s Illicit Gold Trade

Award-winning investigative journalist, Graham Coetzer has lifted the lid on South Africa’s shadowy illegal mining underworld in his new book, Z...

2 months ago | Emmanuel Oluwafemi Oniyide
EU Approves Another $1.7 Billion Tranche for Egypt
EU Approves Another $1.7 Billion Tranche for Egypt

Egypt expects to receive €1.5 billion ($1.72 billion) from the European Union within days, bringing the country closer to securing the full €5 b...

2 months ago | Emmanuel Oluwafemi Oniyide
Nigeria Bets on Chinese Partners to Revive Decades-long Moribund Refineries
Nigeria Bets on Chinese Partners to Revive Decades-long Moribund Refineries

Nigeria's state-owned oil company says it is taking a different approach to reviving two of the country's largest refineries, signalling a shift from years...

2 months ago | Emmanuel Oluwafemi Oniyide
DR Congo's Top Cobalt Miners Risk Losing Export Quotas over System Glitch
DR Congo's Top Cobalt Miners Risk Losing Export Quotas over System Glitch

Some of the world's largest cobalt producers are racing to avoid losing their export quotas in the Democratic Republic of Congo after a governme...

2 months ago | Emmanuel Oluwafemi Oniyide
Marriott Drops Pepsi for Coca-Cola after 34 Years in Global Beverage Deal
Marriott Drops Pepsi for Coca-Cola after 34 Years in Global Beverage Deal

Marriott International, the world's largest hotel company, has ended its 34-year beverage partnership with PepsiCo and signed a global agreement...

2 months ago | Emmanuel Oluwafemi Oniyide
DR Congo, South Africa, Morocco, Guinea Among Countries with world's Biggest Mineral Reserves
DR Congo, South Africa, Morocco, Guinea Among Countries with world's Biggest Mineral Rese...

Guinea, Morocco, the Democratic Republic of the Congo (DRC), and South Africa are home to some of the world's largest mineral reserves, placing Africa at t...

2 months ago | Emmanuel Oluwafemi Oniyide
Chery Takes Over Former Nissan South African Plant, Creates 3,000 Jobs
Chery Takes Over Former Nissan South African Plant, Creates 3,000 Jobs

Chinese automaker, Chery has officially taken over Nissan's manufacturing plant in Rosslyn, South Africa, marking a major milestone in its African expansio...

2 months ago | Emmanuel Oluwafemi Oniyide
Zenith Steel Group Inks $300 Million Tyre Manufacturing Plant in Egypt
Zenith Steel Group Inks $300 Million Tyre Manufacturing Plant in Egypt

China's Zenith Steel Group will invest $300 million in a tyre components manufacturing plant in Egypt, becoming the latest Chinese company to back Cairo's...

2 months ago | Emmanuel Oluwafemi Oniyide
Saudi Construction Giant Debuts in Kenya with Tatu City Towers
Saudi Construction Giant Debuts in Kenya with Tatu City Towers

Saudi construction and investment firm, Mabani Aljazeera Holding Group has made its first investment in Kenya after agreeing to acquire a 50%-le...

2 months ago | Emmanuel Oluwafemi Oniyide
Ethiopia's Coffee Export Hits All-time High, Yeilds $3 Billion
Ethiopia's Coffee Export Hits All-time High, Yeilds $3 Billion

Ethiopia's coffee exports have hit a milestone, reaching the $3 billion mark for the first time in the country's history.The information...

2 months ago | Emmanuel Oluwafemi Oniyide

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