Rwanda’s gold export industry is facing a significant setback following new sanctions imposed by the European Union (EU). EU imposes sanctions on Rwanda’s gold exports due to suspected trade of conflict minerals from DRC Critics argue that Rwanda’s gold trade benefits from exploitation of mineral resources in conflict-ridden eastern DRC Rwanda’s gold export, worth $885…
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A Congolese ministerial committee has proposed additional measures to strengthen the temporary ban on cobalt exports, including collaboration with Indonesia, the world’s second-largest supplier of the critical battery metal. Cobalt prices have rebounded since the export suspension, driven by a global oversupply and weakened demand from automakers. The Democratic Republic of Congo proposed additional measures…
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Several agencies in Nigeria receiving funding from foreign donors, including the now disbanded United States Agency for International Development (USAID), are facing heightened scrutiny from the country’s parliament. Nigerian parliament scrutinizing non-profit organizations funded by foreign donors Investigation initiated following allegations of USAID’s influence on terrorism in Nigeria Probe criticized as an attempt to undermine…
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In the previous fiscal year, 1.1 billion apps were downloaded in Sub-Saharan Africa. Also, projections show that in 2025, app usage and purchases are set to generate $1 billion in revenue for Africa. 1.1 billion apps were downloaded in Sub-Saharan Africa in the previous fiscal year. In 2025, app usage and purchases are projected to…
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The halt in the Naira-for-Crude initiative by the Nigerian National Petroleum Company (NNPC) could create some complications in Nigeria energy sector, as the Dangote Refinery has not only halted sale of premium motor spirits otherwise known as petrol, but is now looking at the possibility of selling the product in Dollars. NNPC’s halt in the…
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The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has announced the revocation of all small-scale mining licences issued after the 7 December 2024 general elections. Revocation of all small-scale mining licenses issued after 7 December 2024 announced by Minister for Lands and Natural Resources to combat illegal mining Joint review by key state…
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