First Independent Mena Newspaper
Barrick Gold Corporation said that it remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali, where authorities have also seized the company’s existing gold stock from the site to a custodial bank. Malian authorities have seized an amount of gold estimated at $245 million in an escalation of their long-running dispute with […]
In a remarkable move, the billionaire duo — Bill Gates and Jeff Bezos — have joined forces, pumping $537 million into mining ventures targeting rare metals across Africa. KoBold Metals, a US mining start-up backed by investors including Microsoft’s Bill Gates and Amazon’s Jeff Bezos, has raised $537 million in its latest Series C funding […]
The Belgian court’s landmark verdict of crimes against humanity for kidnapping of mixed-race children is hailed as a turning point that “surely opens the door” to those seeking financial compensation for forced separation from their parents and other colonial-era injustices. In a landmark ruling in December, Belgium’s court of appeal decided that the “systematic kidnapping” […]
Ghana’s newly elected President, John Dramani Mahama, has pledged to address the country’s long-standing power crisis, which has plagued the nation for the past decade. Sworn into office just over a week ago, President Mahama has already engaged with the various Independent Power Producers (IPPs) operating in the country, assuring them of his commitment to […]
The Sudanese army has announced a major breakthrough in the country’s nearly two-year war, declaring victory in the pivotal city of Wad Madani. Celebratory footage circulating on social media shows residents cheering as troops entered the urban center, which is located 140 kilometers south of Khartoum in Al Jazira State. Military gains in Wad Madani, […]
Chad’s ruling Patriotic Salvation Movement has claimed a decisive victory in last month’s parliamentary election, winning 124 of 188 seats and bolstering President Mahamat Idriss Deby’s hold on power. Provisional results announced on Sunday reveal that around half the electorate participated in the December 29 vote, which also included municipal and regional contests. This marks […]
The Summit of the Detailed Program for the Development of African Agriculture (PDDAA) concluded on Saturday with the adoption of the Kampala Declaration. The Kampala Declaration focused on the development of a resilient and sustainable agri-food system in Africa, as well as the PDDAA’s ten-year strategy and action plan. In this context, participants decided to […]
Ethiopia has become the latest African country to launch its own stock exchange on January 10 to open-up its growing economy to private investors. The launch is part of economic reforms to end the state control of the economy of the near 100-million-nation. Dubbed, the Ethiopian Securities Exchange (ESX), the bourse is expected to provide […]
Africa’s agriculture ministers are meeting in Uganda this week to discuss sustainable agriculture and food production systems in light of the climate change, which comes amid warnings that climate crisis is pushing temperatures to levels never experienced by modern humans. The extraordinary African Union (AU) summit on agriculture opened in Uganda’s capital Kampala on Thursday […]
An Al-Qaeda-linked jihadist group on Friday claimed responsibility for an attack in northern Benin near the borders with insurgency-hit neighbors, Burkina Faso and Niger that killed at least 28 troops this week. The raid that took place on Jan.8 was the deadliest the Beninese army has suffered in years, authorities have confirmed. National Guard chief […]