The rise of new technologies is shaking up the global job market. According to the World Economic Forum, this impact is expected to intensify by the end of the year, with millions of job creation opportunities, but also massive job losses. The global job market is expected to undergo a major transformation by 2030, with 170 million new jobs created and 92 million eliminated, resulting in a net...

Ivanhoe Mines is actively involved in the Kamoa-Kakula copper and Kipushi zinc mines, both located in the Democratic Republic of Congo (DRC). In 2024, the Canadian company invested $1.8 billion to restart the Kipushi mine and expand the Kamoa-Kakula mine. Ivanhoe Mines announced a bond issue aimed at raising $600 million on January 10, 2025. A portion of this funding will support its...

Australian junior miners Mako Gold and Aurum Resources signed a merger agreement in October 2024, with Aurum set to take over Mako and manage important gold projects in Côte d'Ivoire. Initiated a few months ago, the merger between Australian junior miners Aurum Resources and Mako Gold approaches its final stages. Both firms said so in a January 10 press release. Côte d’Ivoire’s mining...

Lower inflationary pressures and eased financial conditions are expected to gradually reduce financing costs in the region, but political and climate risks could weigh on its economic outlook. Sub-Saharan Africa's economy is expected to grow by 4.2% in 2025, up from an estimated 3.8% in 2024, according to a report published by Moody's Ratings on January 8, 2025. The report, titled "Sovereign...

This is good news considering the output was down in the first and second quarters. However, the government actively works to diversify the economy and reduce its reliance on these sectors, especially the oil industry. Gabon’s extractive industry fared well in Q3 2024, with output rising 3.5%. According to the Ministry of Economy, which disclosed the information, the increase was...

The Huawei Northern Africa Digital Power Ecosystem Partner Summit 2025 took place in Casablanca from January 8 to 10, bringing together an influential mix of government representatives, business and industry partners, opinion leaders, technical experts, and associations. This flagship event highlighted the shared commitment to addressing the challenges of digital energy development. The...

Initially, the deal was with Atlas Metals, a British mining group, but it was later canceled. Managem Group, owned by pan-African private equity fund Al Mada, announced on January 8, 2025, that it had finalized the sale of Compagnie minière d'Oumejrane (CMO) to Purple Hedge Resources Morocco. Purple Hedge Resources Morocco is a private company based in Morocco and a full subsidiary of Purple...

Canadian firm Allied Gold operates the Sadiola gold mine in Mali and received a new 10-year mining permit in 2024. The company also owns a nearby deposit which is expected to boost its production in the country. On January 7, Allied Gold signed an agreement with the Malian government to develop a new gold mine called Korali-Sud, located close to the Sadiola mine. The plant at Sadiola will...

Orezone Gold operates the Bomboré gold mine in Burkina Faso. In 2024, the Canadian firm expected the mine to deliver between 110,000 and 125,000 ounces. The Bomboré gold mine in Mali has produced 118,746 ounces of ore in 2024. Orezone Gold, the mine’s Canadian owner, disclosed the figure on January 7, saying the project met its expectations. Bomboré’s achievement is attributable to a...

Since 2021, Benin has been subjected to several terrorist attacks attributed to jihadist groups, like many other countries in the West African sub-region. On January 8, 28 soldiers were killed in an attack in northern Benin, according to multiple media sources. The West African country has been facing terrorist attacks since the end of 2021, primarily attributed to jihadist groups operating...