Fekola, Mali's second-largest gold mine, raked in $1.14 billion in revenues in 2023 from selling 588,460 ounces of gold. The mine is operated by B2Gold, a Canadian firm.
B2Gold forked over $297 million to the Malian government in 2023, according to a report published on June 3 by the Canadian mining company. In 2022, it had paid Bamako $297.5 million. The payment includes mining royalties, dividends, and various taxes.
On top of these, B2Gold also injected money into the local economy through payments to suppliers, salaries for its local employees (97% of the workforce), and investments in community projects.
Fekola is expected to deliver between 470,000 and 500,000 ounces of gold in 2024. The complex is 80% owned by B2Gold, with the Malian state holding the remaining 20%.
Nearly 400,000 mango seedlings distributed to farmers nationwide from June to August 2025. Pr...
Starlink lost 2,000 Kenyan users in Q1 2025, dropping to 17,066, as local ISPs grew 8%. High...
Abdul Samad Rabiu is now the richest investor on NGX, with ₦15.23 Trillion in BUA Foods and Cement...
• New system will link banks, fintechs, and mobile operators in a single platform• Real-time transfe...
MTN and SANTACO signed a reseller deal on 13 Aug 2025. Gauteng taxis gain MTN data, ICT, fintech ...
Late-July drought in Côte d’Ivoire and Ghana lifts cocoa futures despite weak global grindings data No official 2025/26 crop forecasts yet; private...
• Cameroon financier Alain Nkontchou to buy Nedbank 21.22 percent stake in Ecobank for 100 million US dollars pending regulators.• Upon closure Nkontchou...
• Egyptian sweet potato exports to the EU surged to 149,551 tonnes in 2024, surpassing the US and breaking records.• Since 2020, Egypt quadrupled sweet...
• Nigeria granted Air Tanzania a permit to launch the first nonstop Dar es Salaam–Lagos flight, enhancing East-West African connectivity. • Air Tanzania...
Galerie36 in Dakar showcases modern African art, fostering cultural exchange. Ayofemi Kirby’s intimate gallery redefines art spaces with a community...
EU rolls out biometric Entry/Exit System in Oct 2025, replacing passport stamps. Visa-free African states face new checks, longer queues, and strict...