The U.S. Trade and Development Agency (USTDA) has confirmed its support for the Monte Muambe rare earths project in northern Mozambique, operated by Altona Rare Earths. Push to diversify...
Recent reports indicate that the President of the Dangote Group, Alhaji Aliko Dangote, alongside former Nigerian President Olusegun Obasanjo, recently visited Burundi’s President, Evariste Ndayishimiye. Serving as more than...
Oilfield services firm Transocean (NYSE:RIG) will acquire offshore rig contractor Valaris (NYSE:VAL) in an all-stock deal valued at ~$5.8B, where Valaris shareholders will receive 15.235 shares of Transocean stock for each VAL share owned, representing...
But the real story is the part that remains untouched. More than US$8.6 trillion in African mineral deposits still lie undeveloped. This is roughly two and a half times...
The agreement, signed on January 30, 2025, by Minister of State for Industry Senator John Enoh for Nigeria and AEDC Chairman Yoon Suk-hun for South Korea, marks a major...
The Russian Ambassador to Ethiopia, Evgeny Terekhin, disclosed the figures in comments to Russian state media, attributing the sharp rise to stronger exports of fertilisers, agricultural machinery, and energy...
The past few months have produced a strange contrast in global markets. Headlines warn that China is cutting back on US treasuries while the dollar slides and confidence in America is...
Virtus Minerals Inc., a Delaware registered firm led by veterans of the U.S. military and intelligence community, has agreed to acquire Chemaf SA and assume its liabilities, including debt...
Shell’s CEO Wael Sawan told CNBC the company is actively considering multibillion-dollar offshore natural gas investments in Venezuela that could start production in the next few years, pending regulatory...
By 06:38 GMT, the rand was trading at about R15.97 to the dollar, around 0.5% stronger than Friday’s close. Higher prices for gold and platinum, two of South Africa’s...