Mining company BHP announced this week, it is investing $400 million over the coming five years to combat climate change. The funds will be used to develop technologies to reduce gas emissions.
According to CEO Andrew Mackenzie (photo), the commercial success of these investments will stimulate willingness and create more innovative partnerships to collectively address climate challenge. He stressed the need to collaborate with all actors in the value chain (shippers, processors and product users).
This investment program comes at a time when PwC invited, in a recent report, major mining companies to take concrete action to combat global warming. According to the structure, which ranks the 40 largest market capitalizations in the mining sector each year, this will be essential to restore confidence in the mining industry. By investing in green strategies, mining giants will transform their reputation as “dirt processors” into “leading builders of economic and social capital.”
• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...
In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...
• Burkina Faso-based financial group, Vista Group Holding, has acquired a majority stake in Société ...
Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoir...
• Kenyan President William Ruto signs strategic partnership with UK Prime Minister Keir Starmer to b...
• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might seek to address rating concerns • April 2026 allows...
• Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo • License award comes on stream as part of the...
• The International Monetary Fund (IMF) has authorized a $262.3 million disbursement for Ethiopia, taking total payments under Extended Credit...
• ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project• Lagos-Calabar highway seen boosting regional trade and investment• Part of broader...
The Gerewol tradition is a fascinating ritual celebrated by the Bororo Fulani, a nomadic community primarily located in Chad and Niger. This annual...
In northern Ethiopia, in the Tigray region, lies Axum (also spelled Aksum), an ancient city that once stood at the heart of one of Africa’s most powerful...