Ferrex Plc, mining company with assets in Togo, Gabon and South Africa, announced on November 24 it was becoming Keras Plc. A general assembly is to be held on December 10 in Surrey, England, to evaluate this decision, reflects the company’s future and approve various ongoing management decisions.
The transformation coincides with the firm’s decision to finance exploitation of Nayega manganese deposit in the Northern Togo, using the profits from its output at the Karlgoorlie gold deposits in Western Australia as funding.
In Togo, the firm plans for a low-cost valorization of Nageya project which holds 14 Mt of resources at 12.4% of Manganese, and projects an output of 250,000 tons at 38% per year, during phase 1 of development.
Ferrex Plc holds, in regards to iron, the Malelane project in South Africa which contains 139 Mt of inferred resources at 37% of iron, as well the Mebaga iron project favoring DSO production in Gabon.
Development Partners International sold its 20.17% stake in Atlantic Business International for mo...
Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
Ivory Coast expects a new government after the prime minister and cabinet resigned following Decem...
African startups raised about $3.1 billion in 2025, up from $2.2 billion in 2024, accord...
The measure applies only to immigrant visas, not temporary travel visas Twenty-six African countries are affected, including Nigeria, Egypt, and...
Global temperatures in 2025 were 1.47 °C above preindustrial levels The year ranked behind only 2023 and 2024 in modern climate records Adaptation...
The World Bank approved $250 million in additional financing on January 14, 2026 Funds will support urban safety nets, jobs, and inclusion of...
Rwanda’s $2.5B intra-African trade relies on the DRC for 79% of exports, tethering fiscal stability to the June 2025 Washington Accords peace...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...