Last, week, Mkango Resources announced, it has concluded with Talaxis Ltd, subsidiary of Noble Group, a definitive agreement whereby Talaxis will acquire 75% interest in Songwe Hill Rare Earths project in Malawi. This transaction was previously announced on November 2017 while its completion was subject to a number of conditions. Mkango revealed in a statement that Talaxis invested £5...

In Malawi, corn output dropped to 2.8 million tons during the 2017-18 season, which represents a decrease by 20% from the 3.5 million tons recorded last season. According to Joseph Mwanamvekha, the agriculture minister, this poor performance is due to dry spell in some regions and armyworm attacks. Back in October 2017, pests had already damaged about 35, 870 hectares. This represents half of...

ASKY, The Pan African Airline, is pleased to announce the start of daily flights between LOME, ABIDJAN, ACCRA and LAGOS from June 15, 2018 according to the schedule below in UTC: Schedule for LOMÉ-ABIDJAN-ACCRA v.v Days Origin Departure Arrival Destination Daily LFW 1320 1435 ABJ Daily ABJ 1515 1620 ACC Schedule for ACCRA -ABIDJAN- LOMÉ v.v ...

As part of its fight against counterfeit mobile phones and devices, Communications Authority of Kenya (CAK) has adopted new control measures. Indeed, import and distribution of mobile phones is now only allowed to approved companies. However, aware that these companies can also distribute counterfeit mobile devices, the telecoms regulator has taken other preventive measures. Therefore, CAK has...

Batirai Manhando, Zimbabwean head of Chamber of mines, announced last May 18, that the country needs $11 billion to upgrade mines and boost production to optimal level over the next five years. This was during an annual meeting of the association, Reuters reports. Through various reforms initiated by the Head of State, Zimbabwe increased its attractiveness to foreign investors but...

By early May, Cocobod’s cocoa purchases from approved trading companies reached 700, 000 tons, for the 2017/2018 season. This volume which is a 50, 000 tons increase from previous month, could peak at 800,000 tons by the close of the main season at the end of this month, sources told Reuters. However, these good figures contrast with concerns about production level raised...

Nigeria will commission its first nuclear power plant within the next decade, Simon Pesco Mallam, head of Nigerian Atomic Energy Commission (Nigatom) announced. “We have a roadmap and that is by the mid-2020s. We hope we can get a commercial plant and add three more in five to 10 years,” the manager told The Guardian. The official also recalled that Nigeria has a nuclear...

Côte d’Ivoire is reinvigorating land management. Indeed, after having announced more speed in the land-related process, the minister of construction, housing, sanitation and urbanism, Claude Isaac Dé (photo) set last May 16 the consultative committee that will price public land acquisition. “This Commission, headed by the Managing Director of Urban Planning and Land Management, Kouamé...

In Rwanda, cut flower exports generated $2.8 million between July 2017 and March 2018, more than double the value recorded the same period a year earlier. According to the Rwandan National Agricultural Export Development Board, (NAEB), which revealed these figures, the flower industry could better perform by the end of the year thanks to new development.   These...

Paul Obambi (photo), owner of the Congolese company SAPRO SA, seeks a loan from a French “consortium of banks” to finance a 450 km railway linking the city of Mayoko to a port in Pointe-Noire. In a telephone interview with Bloomberg this week, he said construction of the railway, which will transport iron ore produced in Mayoko, is expected to begin in 2019 and  completed in...