Demand and prices for uranium have been on the rise for several months, amidst a resurgence of interest in nuclear power. Companies that had halted production or slowed uranium project development in recent years are now rushing to take advantage of this resurgence. Australian mining company Lotus Resources announced on February 23 a stock placement aiming to raise 30 million Australian dollars...

Africa’s premier gold producer, Ghana, hosts major mining firms such as Perseus Mining and Newmont, the largest gold producers globally. Perseus, managing the Edikan gold mine in Ghana, may soon double its production by acquiring Akyem, one of Newmont's Ghanaian mines. Newmont Corporation, the world's largest gold producer, is divesting one of its Ghanaian assets, the Akyem mine, alongside...

Econet Lesotho, a subsidiary of Zimbabwean billionaire Strive Masiyiwa's Econet Group, announced on February 22 that it has launched fifth-generation (5G) mobile technology in the country. This development allows the telecom operator to offer its subscribers compatible devices with enhanced features such as faster speeds and lower latency. Following in the footsteps of Vodacom, which introduced...

In line with the National Development Plan (PND) 2021-2025, Côte d'Ivoire aims to raise CFA59 trillion in investments, largely supported by the private sector. The Investment Promotion Agency of Côte d'Ivoire (CEPICI), serving as the country's one-stop shop for investment, has committed to contributing 20% of these private investments. During its financial review conference on February 22,...

Huawei hosted the 5G Beyond Growth Summit at MWC Barcelona 2024 today. At the summit, Li Peng, Huawei's Corporate Senior Vice President and President of ICT Sales & Service discussed how carriers can achieve business success in 5G and how 5.5G will further unlock the potential of networks and create new growth opportunities. "5G is on the right path to business success," said Li. 5G began...

In Guinea, where about 7 million people are internet users, access to the internet and social media platforms has been restricted since November 23, 2023. Despite public outcry and pressure from the Information and Communication Technology (ICT) sector, the government has yet to lift the ban. The Guinea Trade Union Movement (MSG) announced on February 22, that it would initiate an "indefinite...

Ismaël Sombié, the Burkinabe Minister of Agriculture, Animal Resources, and Fisheries announced the official launch of the Livestock Resilience and Competitiveness Project (PRECEL). The kick-off ceremony took place last February 23 in Banakélédega, in the commune of Bama. With a total budget of CFA120.6 billion (around $199 million), this initiative is jointly funded by the government,...

The Economic Community of West African States (ECOWAS) has agreed to lift the sanctions it previously imposed on military-led Niger. The decision, taken on February 24 during the extraordinary summit held in Abuja, Nigeria, came after former Nigerian president Yakubu Gowon, a founding member of ECOWAS, called for an end to punitive measures against countries affected by military coups. The...

Across Burkina Faso and neighboring gold-producing nations, the vast majority of artisanal mining output avoids formal channels, depriving governments of billions and undermining regional security. Burkina Faso's Minister of Energy, Mines and Quarries, Yacouba Gouba, has announced an immediate suspension of gold and other precious metals exports from artisanal and semi-mechanized mines,...

From February 26 to March 1, the latest cohort of the flagship "Young Leaders" program of the French-African Foundation will convene in the Rwandan capital. Under the joint patronage of Rwandan President Paul Kagame and his French counterpart Emmanuel Macron this year, the program, crucial since 2019, brings together the emerging generation of French and African decision-makers. Thirty young...