Mali Mining Code Update Sparks Uncertainty for Kodal Minerals and Bougouni Lithium Mine

2023-09-22 16:45:00 (Ecofin Agency) – The adoption in August of a new mining code in Mali created a climate of uncertainty for companies holding a mining permit in accordance with the old law. Among them, we find Kodal Minerals which obtained authorization in 2021 to exploit lithium 180 km south of Bamako. In Mali, the … Read more

Egypt’s $1 Billion Flat Steel Industrial Complex: A Game-Changer in Construction, Automotive, and More

2023-09-13 16:27:00 (Ecofin Agency) – The industrial site will be built by a local public company in association with a foreign company. It is expected to have a production capacity of 1.8 million tonnes of steel per year. Egypt plans to build an industrial complex specializing in the production of flat steel for an investment … Read more

Rapid Growth in Ivorian Insurance Sector: Non-Life Companies See 21% Increase, Life Companies Grow by 12%

2023-08-31 15:45:00 (Ecofin Agency) – Revenues from non-life insurance companies increased by 21% in the first half of 2023, while those of life insurance companies grew by 12%. This dynamic contributed to increasing the overall turnover of the Ivorian insurance sector during the first six months of the current year. The insurance sector in Côte … Read more

Rapid Growth of Cryptocurrency Users in Cameroon: Implications for Central Bank Regulations

2023-08-30 15:32:00 (Ecofin Agency) – Growing numbers that give more and more weight to the prospect of cryptocurrencies entering the central bank. This would imply full regularization and extensive regulation of the activities of this financial segment. According to a study by the Cameroonian Ministry of Finance on the development of cryptocurrency and Ponzi scheme … Read more

New Development Bank raises 1.5 billion rand for infrastructure and sustainable development projects in South Africa

2023-08-20 08:28:00 (Ecofin Agency) – The funds raised through the issue arranged by Standard Bank Group and Absa Group will be used to finance infrastructure and sustainable development projects in South Africa. The New Development Bank (NDB), a development bank founded by member countries of the BRICS group (Brazil, Russia, India, China and South Africa), … Read more

Genmin Signs Sales Agreement with Hunan Valin Steel for Iron Ore Production in Gabon

2023-08-12 15:08:00 (Ecofin Agency) – The sales agreement with Genmin is in addition to 2 others signed on December 15, 2021 and January 12, 2022, respectively with China Minmetals Corporation (Minmetals) and Jianlong Group (Jianlong). The Australian iron ore exploration and development company Genmin has announced the conclusion with the Chinese Hunan Valin Steel Co. … Read more

Call of Duty: Modern Warfare III formalized by a first teaser revealing its release date

2023-08-07 16:45:53 It has been many months now since the rumors around the next episode of Call of Duty are going well and Activision had officially made an appointment in August to finally present it at the bend of an event of the Saison 5 of Warzone. Corridor noises dating from May and especially the … Read more

Unlocking the Potential: Fish Farming in Côte d’Ivoire for Self-Sufficiency and Economic Growth

2023-08-05 23:14:50 Fish farming is the branch of aquaculture (animal or plant production in an aquatic environment) which concerns the breeding of fish in fresh or salt water. A distinction is made between traditional fish farming in ponds, intensive fish farming in artificial ponds or cages, and breeding in above-ground tanks (concrete, plastic, or wood). … Read more