Barrick moves ahead with an IPO for a new North America-focused unit Company says it will maintain and grow its other gold and copper assets Plans for African and Asian operations remain unclear as options are reviewed Barrick Mining said on December 1, that it has secured board approval to create and list a new subsidiary focused on its North American operations. While the plan confirms...

Endeavour Mining plans to invest $540 million in gold exploration from 2026 to 2030. The company targets 12–15 million ounces of new mineral resources over the period. Endeavour aims to commission its sixth West African mine, Assafou, by end-2028. Endeavour Mining said it will invest about $540 million in gold exploration between 2026 and 2030 to expand its resource base and...

CIFOB set a guaranteed minimum price of CFA165 per kilogram for onions. The mechanism is the first price-floor system ever implemented in the country’s onion sector. The measure follows multi-stakeholder consultations involving producers, traders, transporters and government services. Burkina Faso’s interprofessional onion committee CIFOB announced on December 1 that it set a...

Burkina Faso nationalizes SOTRACO transport firm, acquires private shares Observers say state ownership may squeeze out private bus and taxi operators Move aligns with West African trend of expanding public transport systems Burkina Faso's state transport company SOTRACO is now fully owned by the government following a buyout of private shareholders last week. The government adopted two...

Gabon plans to overhaul railway's ownership and revenue model Government to enforce direct payment of rail revenue to state Reforms include new tolls, weight controls, and revised freight rules Gabon’s President, Brice Clotaire Oligui Nguema, met with senior executives from Setrag and the Eramet group last weekend to discuss a major overhaul of the national railway’s business model and...

Chad opens $77.2M bridge over Chari River in N'Djamena Project faced 76-month delay due to technical and financial issues Bridge aims to boost trade, ease traffic, and support urban growth A new bridge over the Chari River in N'Djamena was inaugurated and opened to traffic on Monday, Dec. 1, 2025. Located in the Chagoua district, the two-lane, 320-meter bridge connects to a...

Kenya begins $678.5M upgrade of key A8 highway corridor Project to ease trade-route congestion, boost regional connectivity Part of plan to build 30,500 km of roads in 10 years Kenyan President William Ruto on Friday officially launched work to expand the 94-kilometer Gilgil-Nakuru-Mau Summit stretch of the A8 highway. The upgrade is expected to ease chronic congestion along the...

The EU’s new deforestation rules have created major hurdles for agricultural exporters since 2022. Nigeria plans to use the extended deadline to bring its supply chains into full compliance. Nigeria’s Ministry of Agriculture last week issued a national strategy to comply with the European Union’s new deforestation rules. The plan, published as the White Paper on Strategy for EUDR...

IFC to provide $21.2M financing to Senegal’s Carrefour Médical Funds to expand local production, including dialysis kit components New HQ in Diamniadio to host training and equipment support facilities The International Finance Corporation (IFC) will provide a 12 billion CFA franc ($21.2 million) local-currency financing package to Carrefour Médical, a Senegalese company...

Liquid C2 launched AI-driven “Liquid G” to boost Google Cloud use Program targets high cloud adoption barriers like cost and complexity Offers local billing, AI tools, and simplified cloud access for Africa Liquid C2, the cloud and cybersecurity arm of Liquid Intelligent Technologies, last week launched a new AI-powered distribution program called Liquid G. The initiative aims...