Category: African Business
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🇨🇲 Cameroon Steel Plant Explosion Kills Four and Injures 16 as Safety Questions Mount in Douala
At least four people have been killed and 16 seriously injured after an explosion and fire at Metafrique Steel in Douala, Cameroon. The disaster has triggered an investigation and renewed questions about industrial safety following an earlier fire at the facility.
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🇧🇫 Endeavour Halts Underground Gold Mining at Mana After Access Ramp Subsides in Burkina Faso
Endeavour Mining has suspended underground operations at its Mana gold mine in Burkina Faso after an access ramp partially subsided, restricting access to two underground portals. No injuries were reported as the company conducts a geotechnical assessment and evaluates alternative production routes.
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🇹🇳 US Government Backs Push to Advance Tunisia’s Gasaat Phosphate Project
US government-backed funding is supporting a two-year programme led by CrossBoundary to connect PhosCo’s Gasaat phosphate project in Tunisia with US investors, commercial partners and technical expertise. The initiative targets up to $100 million in private investment, but the $1.5 million grant is not direct mine financing and no investment or offtake agreement has yet…
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🇬🇭 🇷🇺 Ghana and Russia: Could a Nuclear Power Partnership Transform Ghana’s Industrial Future?
Ghana has opened discussions with Russia’s Rosatom over the country’s first nuclear power station, as President John Dramani Mahama seeks reliable electricity to support industrialisation and domestic mineral processing. With Russia simultaneously expanding its role in Ghana’s bauxite industry, the emerging partnership could reshape Ghana’s energy and economic future—but it also raises difficult questions about…
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🇺🇸 A2Gold Sells Nevada Gold Project as Miner Sharpens Focus on Core Assets
A2Gold has agreed to sell its Bolo Gold Project in Nevada to Super Gold Mining for C$1.5 million in shares, while retaining exposure to future exploration success through as much as C$2.8 million in contingent payments. The deal reflects a broader strategy of concentrating capital and technical resources on A2Gold’s core Eastside and Taylor projects.
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🇳🇬 Nigeria’s Stock Market Hits New Record as Market Capitalisation Climbs to N164.91 Trillion
Nigeria’s stock market has reached another historic milestone, with the NGX All-Share Index climbing to 253,990.06 points and total equity market capitalisation reaching a record N164.91 trillion after a N1.75 trillion one-day increase.
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DR Congo Suspends Artisanal Mining Agency Chief Over Failure to Prevent Illegal Activities
DR Congo’s mines minister has suspended SAEMAPE director general Jean-Paul Kadiobo Kapongo, accusing the state artisanal-mining agency of failing to prevent illegal mining on licensed concessions. The move could signal tighter government enforcement across the country’s informal mining sector.
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🇬🇭 Gold, Power, and Memory: The Cultural Legacy of the Asante Kingdom
The Asante Kingdom transformed West Africa’s gold into a powerful language of kingship, spirituality, craftsmanship, diplomacy, and cultural memory. From ceremonial swords and royal ornaments to intricate symbolic objects, Asante goldwork preserves the story of a sophisticated civilization whose legacy continues to shape Ghana and the African world.
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Maya Angelou: The Woman Who Became a Professor Without a College Degree
Maya Angelou never completed a traditional college degree, yet she became a celebrated university professor, multilingual intellectual, author, poet and recipient of more than 30 honorary degrees. Her remarkable journey reveals the difference between formal credentials and lifelong education—and the profound influence of her years in Africa.
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🇨🇳 How Vibrating Placer Gold Screens Can Transform Small-Scale Mining
A vibrating placer gold screening and gravity-recovery system can help small-scale miners process more alluvial material, reduce manual labor, improve screening efficiency and concentrate heavy minerals such as gold. Here’s how the technology can fit into a modern African mining operation.