Ethiopia 🇪🇹 is preparing to launch its first large-scale domestic gold refinery, ending its decades-long practice of exporting raw gold to Dubai for refining.
Under a new policy, the National Bank of Ethiopia requires all gold mined in the country to be refined locally into standard bullion bars before export.
The refinery is expected to increase export earnings, strengthen foreign exchange reserves, and help reduce gold smuggling.
The facility is in its final testing phase and is expected to begin operations in mid-to-late 2026, supporting growing gold production from major mining projects, including the Kurmuk Gold Project.
The proposed Great Equatorial Land bridge that is designed to connect East Africa to West Africa maybe require the five nations more than $60 billion to deliver it.
The 4,200 km stretch corridor would join LAPSSET corridor in Juba completing ocean to ocean mega project.
Once joined, it will be 6,495 km from Lamu to Douala.
Somalia will never have the capability to be a steward of the Gulf of Aden. Mogadishu is too far to care, to start with.
It's time to recognize and throw heaps of money at Somaliland 💚🤍❤️, now!
Keri Leicher, Group Head of Risk Intelligence Services, will be attending today and Friday. If you're attending the summit or are in the area, we'd be pleased to arrange a meeting.
To book a time, contact us at [email protected].
Next up in the Castor Vali conference schedule is the OSAC Africa Summit in Cape Town.
Conferences provide a valuable opportunity to meet our team in person, discuss the challenges facing your organisation, and explore how our services can support your operations.
🇰🇪 "We are going to give you Kenyan rules": Activist on accountability for British military misconduct
Foreign soldiers must follow local laws and face local courts for committing crimes, Nicholas Oyoo of the Free Kenya Movement told Sputnik Africa.
👉 As previous agreements with foreign military left rape and murder cases, victims deserve compensation under the constitution’s "clear guidelines," @oyookraft added.
🎥 Watch the video to learn about the legal steps planned to ensure accountability.
Eureka Gold Mine has commissioned the first phase of its 5.4MW solar power plant in Guruve, reinforcing Zimbabwe's shift towards renewable energy and sustainable mining.
The US$4 million first phase forms part of a 16.2MW, US$15 million solar project due for completion in Q1 2027. Upon completion, the mine is expected to generate more electricity than it consumes, exporting surplus power to the national grid through net-metering.
The investment will enhance energy security, reduce operating costs, create jobs, cut carbon emissions, and support Zimbabwe's industrialisation, clean energy transition, and Vision 2030 development goals. 🇿🇼
@ZimGvt_NDS1 Beyond job creation, the investment is contributing to infrastructure development, supplier opportunities for local enterprises and the growth of downstream industries that support mining and mineral processing.
West African leaders endorsed the construction of a gas pipeline linking Nigeria and Morocco, advancing a megaproject that seeks to carry the fuel to Europe’s doorstep https://t.co/e8xF3g06e7
Portugal and Morocco will ask the European Commission to consider a long-mooted power interconnector between the two countries as a candidate for EU funding, they said on Monday, while also exploring private-sector investment. https://t.co/2AOpQmy14c
The Canadian government said it would deny entry to any foreigner who has been to Congo within the past 21 days as part of new, temporary border measures to combat the spread of Ebola https://t.co/2QlA7zsa50