Cape Town

Download logo

Africa – the world's second-largest gold-producing region after China – is seeing a marked increase in gold mining investment in 2025. Driven by strong global demand, favorable prices and vast untapped reserves, international financiers are stepping up support for gold projects across the continent. In June, Canadian firm Asante Gold secured a $470 million financing package from Appian Capital and South Africa's FirstRand Bank to expand the Chirano Mine and advance the Bibiani Project in Ghana – Africa's leading gold producer and the sixth largest globally.

Against this backdrop of rising investor appetite, African Mining Week (AMW) 2025, taking place in Cape Town from October 1–3, will feature a dedicated Gold Summit. The Summit will showcase priority gold projects, host high-level discussions and serve as a critical deal-making platform for financiers, mining companies and policymakers, aiming to bridge Africa's gold opportunities with global capital.

Several major funding announcements in recent months highlight growing momentum: In June, the Industrial Development Corporation of South Africa extended a $35 million loan to Theta Gold Mines for its $77 million Transvaal Gold Mining Estate in Mpumalanga, South Africa. In May, Africa Finance Corporation provided a €100 million loan to Portuguese firm Mota–Engil Africa to support gold mining infrastructure in Ivory Coast and Mali. Around the same time, China's Zijin Mining launched a gold streaming initiative to raise $200–400 million in FDI for African gold assets – starting with a $125 million investment in Montage Gold's Koné Project in Ivory Coast.

Perseus Mining of Australia also made strides in 2025, approving a $124.6 million FID for the Yaouré Underground Mine in Ivory COast and committing $523 million to the Nyanzaga Gold Project in Tanzania. Meanwhile, UAE-based Ambrosia Investment Holding invested $375 million in Allied Gold's expansion in Ethiopia and Mali, acquiring a 50% stake in the process.

​​These funding rounds reflect rising confidence in the future of African gold and the sector's role in the global supply chain. They also underscore the importance of expanding local refining, beneficiation and export capabilities. As investment flows increase, so too does the urgency to build resilient infrastructure, strengthen regulatory frameworks and ensure that host communities benefit from long-term economic gains.

At AMW 2025, discussions will address gold-sector financing, investment incentives and strategies for enhancing local value addition. Held under the theme, “From Extraction to Beneficiation: Unlocking Africa's Mineral Wealth,” the event brings together African stakeholders and global partners to shape the next chapter in the continent's gold mining journey.

Distributed by APO Group on behalf of Energy Capital & Power.

About AMW:
AMW serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

As Africa's energy markets mature, the imperative to strengthen local capacity and deepen value creation is more pressing than ever. At the upcoming African Energy Week (AEW) 2025: Invest in African Energies in Cape Town, a high-level Local Content Roundtable on “Driving Local Value and Maximizing Stakeholder Returns” will convene policymakers, industry leaders and development experts for a focused discussion on the practical tools and strategies shaping Africa's local content landscape. 

Sponsored by the Nigerian Content Development and Monitoring Board (NCDMB), this session underscores the critical role that local content plays in ensuring sustainable development across the continent's key energy-producing nations. It will explore how companies and governments alike are embedding workforce development, supplier growth and community inclusion into their business models – turning policy into measurable impact. 

The roundtable will be moderated by Hamlet Morule, Executive Head of Communications & External Affairs at bp Southern Africa. Joining him is a distinguished panel of experts from across the value chain: Abdulmalik Halilu, Director of Corporate Services at NCDMB; Stuart Gregg, Operations Director at Petrofac; Tony Paul, Energy and In-Country Value-Addition Advisor at Future Energy Partners; Bradford Donohue, CEO of International Human Resources Development Corporation (IHRDC); and Jorge de Morais, General Manager at KAESO Energy Services.  

With a focus on Angola, Nigeria and South Africa, the roundtable will dissect both the hurdles and breakthroughs shaping local content implementation. From skills shortages and fragmented SME ecosystems to regulatory inconsistencies, the session aims to confront the root challenges head-on. Through comparative analysis of local content legislation – Nigeria's pioneering Oil and Gas Industry Content Development Act, Angola's evolving Local Content Law and South Africa's Broad-Based Black Economic Empowerment framework – the discussion will highlight not only the gaps but also the innovative approaches that are delivering results. 

“As AEW 2025 sets the stage for investment and policy innovation, the Local Content Roundtable will provide essential guidance on how Africa's energy sector can evolve from extraction to inclusion, ensuring that the continent's resource wealth translates into long-term prosperity for its people,” says NJ Ayuk, Executive Chairman, African Energy Chamber.  

Distributed by APO Group on behalf of African Energy Chamber.

About AEW: 
Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.