First Independent Mena Newspaper
As global demand for critical minerals accelerates, Australian mining companies are ramping up their presence across Africa, positioning the country as a key player in the global energy transition. With Africa holding an estimated 30% of the world’s known mineral resources, Australian Securities Exchange (ASX)-listed companies are seizing the opportunity, specialized Australian website mining.com.au said […]
Niger’s military-led government has nationalized the country’s only industrial gold mine, Société des Mines du Liptako (SML), accusing its Australian operator, McKinel Resources, of “serious breaches,” including failure to fulfill a $10 million investment pledge. The junta, in power since a 2023 coup, framed the move as a strategic step toward national resource control. “In […]
Morocco maintained a trade surplus with Africa in 2024, though it declined significantly to 7.2 billion dirhams from 12.6 billion dirhams the previous year, according to the Foreign Exchange Office’s annual report on Morocco’s foreign trade. The deterioration stems primarily from an increased trade deficit with Egypt, which widened by 3 billion dirhams, combined with […]
On Monday, July 14, 2025, Mali has issued a strong diplomatic protest against the Czech Republic for denying entry visas to its U19 women’s basketball team, preventing their participation in the FIBA Women’s Basketball World Cup held in Brno, from 12 to 20 July. The Foreign Ministry labelled the move as an “unfriendly act” and […]
Morocco is planning to meet its needs of red meat by importing sheep from Australia, spokesman for the Moroccan government Mustapha Baitas said. Baitas confirmed the news according to which Morocco could import up to 100,000 sheep, ahead of the Eid Al Adha. A Moroccan agriculture and food safety delegation has been to Australia to […]
Australian gold miner, Resolute Mining’s shares dropped as much as 32% on Monday (11 November) following the arrest of its CEO and two executives while in Mali to discuss “claims made against” the company with the country’s authorities. CEO Terence Holohan and his two colleagues “were in Bamako to discuss with mining and tax authorities […]
A bipartisan Australian parliamentary delegation has visited lately the Moroccan Saharan city of Laayoune sparking the anger of the Algerian rulers and Polisario militiamen who are suffering a series of diplomatic setbacks and a growing international isolation with the increasing global support for Morocco’s sovereignty over its entire Sahara. The delegation, on a working visit […]
Africa has seen a rise in its number of billionaires and its millionaire population is set to rise by 65% over the next 10 years, but at the same time, about 18,700 high-net-worth individuals have left the continent between 2013 and 2023, the 2024 Africa Wealth Report reveals. Published by Henley & Partners, an international […]
Senegal will conduct a comprehensive audit of the oil, gas and mining sectors, according to the newly elected President Bassirou Diomaye Faye, who, however, also thought to reassure jittery investors they were welcome in the country. The audit is one of the first policy moves announced by the 44-year-old former tax inspector who stated that […]
Anglo-Australian mining giant Rio Tinto is poised to commence a “world’s biggest” $20 billion mining project in the Republic of Guinea this year, following a 27-year wait marked by several legal and political setbacks, scandals and several false dawns. The $20 billion iron ore, rail, and port development in a remote corner of West Africa […]