Finance

Crude oil prices declined today after the end of the Trump-Zelensky talks on Monday, in anticipation of trilateral talks that could result in a peace deal. That would likely also result in the lifting of sanctions on Russian crude, making […]

Amsterdam-based cryptocurrency service provider Amdax plans to launch a bitcoin treasury company called AMBTS (Amsterdam Bitcoin Treasury Strategy) on the Dutch stock exchange, Amdax said on Monday. WHY IT’S IMPORTANT: Amdax’s plans highlight the growing appeal of bitcoin, which has […]

Uganda has inaugurated its first large-scale gold mine, a $250 million Chinese-owned project in the east of the country that includes facilities to refine bullion to 99.9% purity, the president’s office said. The East African nation, rich in copper, cobalt, […]

Zambia is seeking an additional $145 million by extending its International Monetary Fund (IMF) programme by 12 months, Finance Minister Situmbeko Musokotwane said on Tuesday. The copper-rich Southern African nation is striving to restore fiscal stability after years of mounting […]

The two sides signed an MoU on August 12 during the Vietnam–Korea Economic Forum in Seoul, according to The Korea Times. Dunamu said the partnership will combine its digital asset expertise with MB’s local banking network to create a secure and […]

Zimbabwean laboratories are struggling to keep pace with a wave of mineral samples from mines, accelerating exploration on the back of record gold prices. Gold hit an unprecedented $3,500 an ounce in April, driven by geopolitical tensions, central bank stockpiling, […]

Gold demand reached 1,249 tons in the second quarter of 2025, a 3 percent increase year-on-year amid a high price environment. Strong gold investment flows largely fuelled quarterly growth, as an increasingly unpredictable geopolitical environment and price momentum sustained demand, […]

Three gold producers, including London-listed Endeavour Mining (EDV.L), have agreed to adopt Mali’s controversial new mining code, Malian government officials announced, marking a shift in the months-long standoff that has rattled the country’s mining sector. Mali’s Finance Minister Alousseni Sanou […]

Ghana has cancelled a $1.2 billion bauxite lease awarded to local firm Rocksure International and is now seeking a foreign partner to develop one of West Africa’s richest untapped bauxite reserves. The government is in advanced talks with international players, […]

Ogun State has announced plans to partner with Arise Integrated Industrial Platform (IIP) to develop a $2 billion garment manufacturing hub, expected to be one of the largest in Africa. The project, aimed at reviving Nigeria’s textile industry, will be […]