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You are here: Home / Archives for Zambia

Zambia

2 May 2025

AMW 2025 to Host Africa-Europe Mining Cooperation Dialogue

Location: Business

Energy Capital & Power
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As home to 30% of the world's critical minerals – resources essential to Europe's Green Deal and broader energy transition goals – Africa is attracting heightened interest from European investors and institutions.

Taking place from October 1–3, 2025 in Cape Town, African Mining Week – the continent's premier mining event – will host the Europe-Africa Roundtable under the theme, European Partnerships in African Mining: A Mutually Beneficial Future. The roundtable will convene mining stakeholders, policymakers and investors from both continents to explore investment opportunities and foster cross-continental collaboration.

As Africa seeks to mobilize new capital to drive industrial growth through mining, European-based companies are playing a pivotal role. British multinational Anglo American is advancing copper, nickel, coal and diamond projects in South Africa, Botswana, Zambia and Nigeria. Glencore, headquartered in Switzerland, maintains major coal, copper and cobalt operations in South Africa and Botswana, while the UK's Rio Tinto is engaged in a range of mineral ventures across the continent.

Europe's junior and mid-tier mining firms are also gaining ground. Pensana is developing Angola's first rare earths mine at Longonjo, which is expected to meet 5% of global demand for magnet rare earths. Endeavour Mining is leading several gold expansion projects across the continent, including the Lafigué Gold Mine in Ivory Coast, Sabodala-Massawa in Senegal and Kalana in Mali.

Beyond the private sector, the European Commission is also backing strategic infrastructure to unlock mineral corridors. Notably, it is co-financing the Lobito Corridor, which links the DRC, Zambia and Angola to global markets. Through frameworks such as the Global Gateway Africa-Europe Investment Package, the Africa-EU Partnership on Sustainable Raw Materials, and Strategic Partnerships on Critical Raw Materials, Europe is delivering financial backing and technical know-how to Africa's mining sector. These efforts aim to secure reliable, responsible and diversified mineral supply chains while fostering sustainable development and value addition on the African continent.

Within this context, AMW 2025 offers a vital platform to sustain this momentum, deepen cooperation and forge new partnerships that advance mining-led growth. From major investments by European mining giants to infrastructure financing through the Lobito Corridor, Africa is attracting unprecedented levels of capital and collaboration. The Europe-Africa Roundtable will spotlight opportunities across critical minerals, gold, copper and rare earths, while promoting sustainable practices and mutually beneficial engagement.

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

About African Mining Week: 
African Mining Week 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.

Read moreAMW 2025 to Host Africa-Europe Mining Cooperation Dialogue
28 April 2025

Africa Finance Corporation Appoints Ireti Samuel-Ogbu as Chair of Board of Directors

Location: Business
Africa Finance Corporation (AFC)

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent's leading instrumental infrastructure solutions provider, today announced the appointment of Mrs Ireti Samuel-Ogbu as Chair of its Board of Directors. She succeeds Mr. Emeka Emuwa who has completed 12 years of meritorious service to the Corporation.

Mrs. Samuel-Ogbu brings a wealth of experience spread over three decades leading and transforming the banking sector in Europe, Middle East, and Africa. Until recently, she led Citi's institutional businesses in Nigeria and Ghana, with oversight across Banking, Markets and Services. During this period, she steered the franchise through significant macroeconomic and regulatory headwinds, strengthening its strategic momentum and resilience.

Her international career within Citibank included senior leadership roles across over 50 countries in the Europe, Middle East, and Africa region, during which time she worked in the United Kingdom, Nigeria, and South Africa.

Mrs. Samuel-Ogbu has extensive boardroom experience including Citibank Nigeria where she was a Non-Executive Director for 6 years and Chair of the Risk Committee prior to becoming the Managing Director. She also served on the board of CHAPS Clearing UK, the high value payment system now operated by the Bank of England and a UK-based charity, Opportunity International. Her extensive experience and unwavering dedication to the advancement of Africa make her a valuable asset to AFC at a time when the Corporation is more committed than ever to accelerating Africa's transformation through bold investments, innovative financing models and catalytic partnerships.

AFC recently delivered a record-breaking FY2024 financial performance, with total revenue increasing by 22.8% to US$1.1 billion, surpassing the US$1 billion milestone for the first time. This strong performance was driven by several transformational projects including acting as the Lead Project Developer for the Lobito Corridor, a transformative multi-country transport network connecting Angola, Zambia and the Democratic Republic of Congo (DRC), financing of the expansion of the Kamoa-Kakula Copper Complex in the DRC — one of the world's highest-grade, low-carbon underground copper mines and financing support for the commissioning of the Dangote Refinery, the largest in Africa.

Speaking on the appointment, Samaila Zubairu, President & CEO of AFC, said: " We are delighted to welcome Mrs Ireti Samuel-Ogbu as Chair of the Board. Her wealth of experience, visionary leadership and deep understanding of Africa's financial landscape will be invaluable as we navigate our next phase of growth- expanding our impact, mobilising urgently needed capital and delivering transformative projects that enable inclusive and sustainable prosperity across the continent.”

Mrs Ireti Samuel-Ogbu commented: “I am honoured to take on the role of Chair at AFC, an institution that serves as a trusted bridge between international capital and Africa's dynamic growth opportunities. I look forward to working closely with the board, management, and all stakeholders to advance the Corporation's mission and strengthen its role as the leading provider of strategic, investment-driven solutions that unlock Africa's full economic potential.”

Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

Media Enquiries:
Yewande Thorpe
Communications
Africa Finance Corporation
Mobile +234 1 279 9654
Email: yewande.thorpe@africafc.org

About AFC:
AFC was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC's approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa's infrastructure development needs and drive sustainable economic growth.

Seventeen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. AFC has 45 member countries and has invested over US$15 billion in 36 African countries since its inception.

www.AfricaFC.org

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Read moreAfrica Finance Corporation Appoints Ireti Samuel-Ogbu as Chair of Board of Directors
24 April 2025

AMW to Spotlight Investor Strategies Driving Africa’s Mineral Industrialization

Location: Business

Energy Capital & Power
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African Mining Week (AMW) – taking place from October 1–3, 2025, in Cape Town – will connect global investors with high-impact opportunities across Africa's mining sector, spotlighting the strategies fueling the continent's mineral industrialization.

A key highlight of the event will be a high-level panel, The Investor Perspective: Financing Africa's Mineral Industrialization. The session will explore the evolving investment landscape and examine diverse financing mechanisms – including bank loans, private equity, venture capital and impact investing – that are mobilizing capital into African mining.

DFIs Drive Infrastructure Investments

Attracted by strong returns and Africa's long-term growth potential, development finance institutions (DFIs) are ramping up investments into the continent's mining infrastructure. In March 2025, the African Development Bank approved a $150 million loan to Mauritania's state-owned mining company SNIM and committed $500 million to the Lobito Corridor – a strategic railway project linking Angola, the DRC and Zambia to international markets. Meanwhile, the Africa Finance Corporation (AFC) is backing several critical mineral projects, including Nyanza Light Metals' $780 million PGMs facility in South Africa, Gecamines' expansion in the DRC, Giyani Metals' manganese development in Botswana and FG Gold's project in Sierra Leone. Between 2014 and 2024, AFC invested over $1 billion into Africa's mining sector. The U.S. International Development Finance Corporation (DFC) is also deepening its commitment, providing more than $750 million toward the Lobito Corridor, $34 million for Pensana's Longonjo rare earths project in Angola and $3.2 million to Chillerton's green copper development in Zambia.

Geopolitics and African Prospects

Geopolitical shifts are intensifying the global race for Africa's critical minerals, vital for the energy transition and digital economy. From 2019 to 2023, companies from the United Arab Emirates committed over $110 billion to African projects. In early 2025, UAE-based Ambrosia Investment Holding acquired a 50% stake in Allied Gold's projects in Ethiopia and Mali, investing $375 million to scale up gold production. Canadian mining investment on the continent has now surpassed $37 billion, with companies like Ivanhoe Mines, Fortuna Silver, Pioneer Lithium and Trigon Metals leading expansion efforts. Similarly, Australia's mining footprint in Africa reached $60 billion in asset value in 2024, supported by firms such as Sovereign Metals, Cazaly Resources and Atlantic Lithium.

Private Placements

Private placements are emerging as a preferred capital-raising vehicle for mining ventures across Africa. Companies including Zanaga Iron Ore, Moab Minerals, Global Atomic Corporation, Premier African Minerals and Trigon Metals are leveraging this mechanism to fast-track project development and attract investor interest. As ESG criteria take center stage in investment decision-making, AMW will serve as a platform for financiers and project developers to engage on sustainability metrics, transparency and responsible investing.

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

African Mining Week 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. To download the working program, please visit www.African-MiningWeek.com

Read moreAMW to Spotlight Investor Strategies Driving Africa’s Mineral Industrialization
23 April 2025

Merck Foundation CEO Meets the 125 Winners From 36 Countries- “More Than a Mother” and “Diabetes and Hypertension” Media Awards 2024, Announced in Partnership With the First Ladies of Africa

Location: News
Merck Foundation

  • Merck Foundation CEO announced call for application of 2025 Merck Foundation Media Recognition Awards in partnership with African First Ladies - apply now at submit@merck-foundation.com 

Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany, in partnership with the First Ladies of Africa, proudly announced the Winners of their Merck Foundation Africa Media Recognition Awards 2024 under the categories “More Than a Mother” and “Diabetes and Hypertension”. 

The Awards Ceremony was conducted virtually to honor and celebrate the outstanding contributions of all the winning media professionals. The winners were warmly acknowledged by Senator Dr. Rasha Kelej, CEO of Merck Foundation and President of the “More Than a Mother” campaign. 

Senator, Dr. Rasha Kelej expressed, “I am truly happy to announce the winners of our Media Awards, together with my dear sisters, The First Ladies of Africa, who are also the Ambassadors of the Merck Foundation ‘More Than a Mother' Campaign. This year, we are delighted to celebrate 125 outstanding winners from 36 countries. It brings me joy to see such impressive participation not only from across Africa but also from several Asian and Latin American countries. Congratulations to all our incredible winners! 

It is a true pleasure to welcome you all as Merck Foundation Alumni. Let's continue to work together to raise awareness about critical social and health challenges, be the voice of the voiceless, and create culture shift in our communities.” 

Merck Foundation Media Awards launched in 2017, are announced annually, with over 640 Winners from 52 countries celebrated to date. 

The theme of the “More Than a Mother” Media Awards is to raise awareness about important social issues like: Breaking Infertility Stigma, Supporting Girl Education, Women Empowerment, Ending Child Marriage, Ending Female Genital Mutilation and/or Stopping Gender-Based Violence. The theme of the “Diabetes and Hypertension” Media Awards is to Promote a Healthy Lifestyle and raise awareness about prevention and early detection of Diabetes and Hypertension.  

The Merck Foundation CEO also launched the Call for Applications for the 2025 Media Awards. “I am pleased to invite entries for the Merck Foundation Media Recognition Awards 2025 – “More Than a Mother” & “Diabetes and Hypertension”, in partnership with the African First Ladies. I look forward to receiving another outstanding round of impactful entries this year as well.” Said Senator Dr. Rasha Kelej.  

Winners of Merck Foundation "More Than a Mother" Media Recognition Awards 2024  

Here are the winners from West African Countries in partnership with The First Lady of the Republic of The Gambia, H.E. Mrs. FATOUMATTA BAH-BARROW; and The First Lady of the Republic of Sierra Leone, H.E. Dr. FATIMA MAADA BIO:  

PRINT CATEGORY WINNER 

  • Jennifer Ambolley, The Chronicle, Ghana (First Position) 
  • Mackie Muctarr Jalloh, News Times Daily, Sierra Leone (Second position) 
  • Alao Abiodun, The Nation, Nigeria (Second position) 

ONLINE CATEGORY WINNERS 

  • Dzifa Tetteh Tay, The Spectator, Ghana (First Position) 
  • Laudia Sawer, Ghana News Agency, Ghana (First Position) 
  • Nyima Sillah, The Voice, The Gambia (Second Position) 
  • Isatou Ceesay, The Gambia Point, The Gambia (Third Position) 
  • Abigail Arthur, Citi Newsroom, Ghana (Third Position) 
  • Odimegwu Onwumere, The Nigerian Voice, Nigeria (Third Position) 

RADIO CATEGORY WINNER 

  • Mavis Offei Acheampong, GBC Radio, Ghana (First Position) 
  • Joyce Kantam Kolamong, GBC Radio, Ghana(Second Position) 
  • Zainab Sunkary Koroma, Star Radio, Sierra Leone (Third Position) 

MULTIMEDIA CATEGORY WINNERS 

  • Tolulope Adeleru-Balogun, News Central TV, Nigeria (First Position) 
  • Alieu Ceesay, QTV, The Gambia (Second Position) 
  • Mona Lisa Frimpong, Joy News, Ghana (Third Position) 

Here are the Winners from Southern African Countries in partnership with The First Lady of the Republic of Malawi, H.E. Mrs. MONICA CHAKWERA; The First Lady of the Republic of Zimbabwe, H.E. Amai Dr. AUXILLIA MNANGAGWA: 

PRINT CATEGORY WINNERS 

  • Precious Kumbani, The Nation, Malawi (First Position) 
  • Gresham Ngwira, Freelancer, Malawi (Second Position) 
  • Simon Muntemba, Daily Nation, Zambia (Second Position) 
  • Charlotte Nambadja, The Namibian, Namibia (Third Position) 
  • Silence Mugadzaweta, The Standard, Zimbabwe (Third Position) 

ONLINE CATEGORY WINNERS 

  • Alain Kabinda, Daily News Agency, Zambia (First Position) 
  • Catherine Murombedzi, Freelancer, Zimbabwe (First Position) 
  • Alick Ponje, The Times, Malawi (second Position) 
  • Wallace Mawire, Pan African Visions, Zimbabwe (Second Position) 
  • Hamu Madzedze, 365 Health Diaries, Zimbabwe (Third Position) 
  • Kundai Michael Magoronga, Chronicle, Zimbabwe (Third Position) 
  • Mlondi Mkhize, Briefly News, South Africa (Third Position) 

RADIO CATEGORY WINNERS 

  • Glendah Fadzai Takachicha, Capitalk FM, Zimbabwe (First Position) 
  • Tina Nyirenda, Smooth FM, Zambia (Second Position) 
  • Sylviah Chisi, Trans World Radio, Malawi (Second Position) 
  • Nyasha Mandimutsira, Capitalk FM, Zimbabwe (Third Position) 
  • Perina N. Wahara, PL FM, Malawi (Third Position) 

MULTIMEDIA CATEGORY WINNERS 

  • Keneilwe Pono, YTV, Botswana (First Position) 
  • Taati Niilenge, The Namibian, Namibia (Second Position) 
  • Lame Lucas, YTV, Botswana (Third Position) 

Here are the winners from East African Countries: 

PRINT CATEGORY WINNERS 

  • Elizabeth Angira, People Daily, Kenya (First Position) 
  • Marco Maduhu, Nipashe, Tanzania (Second Position) 
  • Margaret Maina, Nation Media, Kenya (Second Position) 
  • Beatrice Philemon Mukocho, The Guardian, Tanzania (Third Position) 
  • Vitus Audax, The Guardian, Tanzania (Third Position) 

ONLINE CATEGORY WINNERS 

  • Kamau Maichuhie, Nation Online, Kenya (First Position) 
  • Isabella Maua Chemosit, Freelancer, Kenya (Second Position) 
  • Anne Robi, Daily News, Tanzania (Second Position) 
  • Nteza Michael, UG Standard, Uganda (Third Position) 
  • Benjamin Takpiny, Anadolu Agency, South Sudan (Third Position) 
  • Ayele Addis Ambelu, Ethiopian Mass Media Action News, Ethiopia (Third Position) 

RADIO CATEGORY WINNERS 

  • Caren Waraba Sisya, Radio Citizen, Kenya (First Position) 
  • Mamer Abraham Kuot, Voice of America, South Sudan, (Second Position) 
  • Mwanaisha Makumbuli, Highlands FM, Tanzania (Second Position) 
  • Fatuma Mustapha Mtemangani, Pambazuko FM, Tanzania (Third Position) 
  • Daniel Byiringiro, Flash FM, Rwanda (Third Position) 

MULTIMEDIA CATEGORY WINNER 

  • Rose Wangui, NTV Kenya, Kenya (First Position) 
  • Andrew Juma, TV47, Kenya (Second Position) 
  • Leonard Kigozi  and Isabel Nakirya, CGTN Africa, Uganda (Third Position) 
  • Mackriner Siyovelwa, Crown Media, Tanzania (Third Position) 

Here are the winners from French Speaking African Countries in partnership with The First Lady of the Republic of Burundi, H.E. Madam ANGELINE NDAYISHIMIYE; The First Lady of Democratic Republic of the Congo, H.E. Madam DENISE NYAKERU TSHISEKEDI: 

PRINT CATEGORY WINNER 

  • Issa Moussa, Niger Times, Niger (First Position) 
  • Koami Agbetiafa, Niger Inter Press Group, Niger (Second Position) 

ONLINE CATEGORY WINNERS 

  • AZODODASSI Mêmèdé Ambroisine, Savoir News, Togo (First Position) 
  • Julio Gada, Global News, Benin (Second Position) 
  • Boris Esono Nwenfor, Pan African Visions, Cameroon (Third Position) 
  • Bakari Guèye, Initiatives News, Mauritania (Third Position) 
  • Frimo Koukou Djipro, Lelus, Côte d'Ivoire (Third Position) 

RADIO CATEGORY WINNERS 

  • Remy RUKUNDO, Radio TV Buntu, Burundi (First Position) 
  • Magnus MFURANZIMA, ISÔKO FM, Burundi (First Position) 
  • Mame Mbagnick DIOUF, Radio Oxyjeunes, Senegal (Second Position) 
  • Tanko Worou, Radio SU TII DERA, Benin (Second Position) 
  • Moussa KONE, Radio Channel 2, Mali (Third Position) 

MULTIMEDIA CATEGORY WINNERS 

  • Matthias KABUYA TSHILUMBA, RTDK, DRC (First Position) 

Here are the winners from Portuguese Speaking African Countries in partnership with The First Lady of the Republic of Cabo Verde, H.E. Dr. DÉBORA KATISA CARVALHO: 

ONLINE CATEGORY WINNERS 

  • Edisângela Tavares, Expresso das Ilhas, Cabo Verde (First Position) 
  • Sheilla Ribeiro, Sociedade, Cabo Verde (Second Position) 

RADIO CATEGORY WINNERS 

  • Teresa Monteiro Pinto, Rádio Televisão de Cabo Verde, Cabo Verde (First Position) 

MULTIMEDIA CATEGORY WINNERS 

  • Ângelo Semedo, Deutsche Welle, Cabo Verde (First Position) 

Merck Foundation "Diabetes & Hypertension" Media Recognition Awards 2024 

Here are the winners from West African Countries in partnership with The First Lady of the Republic of The Gambia, H.E. Mrs. FATOUMATTA BAH-BARROW; and The First Lady of the Republic of Sierra Leone, H.E. Dr. FATIMA MAADA BIO:  

PRINT CATEGORY WINNER 

  • Agnes Opoku Saprong, Ghanaian Times, Ghana (First Position) 
  • Patience Ivie Ihejirika, Leadership Newspaper, Nigeria (Second Position) 

ONLINE CATEGORY WINNERS 

  • Muhammed Lamin Touray, Freelancer, The Gambia (First Position) 
  • Prince Owusu Asiedu, Adom Online, Ghana (Second Position) 
  • Lara Adejoro, The Punch, Nigeria (Third Position) 

RADIO CATEGORY WINNERS 

  • Godwin Awuni Anafo, Odadee Radio, Ghana (First Position) 

MULTIMEDIA CATEGORY WINNER 

  • Emmanuel Dzivenu Seyram Abla De-Souza, Joy TV, Ghana (First Position) 
  • Ezedimbu Karen Ogomegbunem, Africa Independent Television, Nigeria, (Second Position) 
  • Lois Abba Sambo, Abuja Broadcasting Corporation, Nigeria (Third Position) 
  • Akua Oforiwa Darko, TV3, Ghana (Third Position) 

Here are the Winners from Southern African Countries in partnership with The First Lady of the Republic of Malawi, H.E. Mrs. MONICA CHAKWERA; The First Lady of the Republic of Zambia, H.E. Mrs. MUTINTA HICHILEMA; The First Lady of the Republic of Zimbabwe, H.E. Amai Dr. AUXILLIA MNANGAGWA: 

PRINT CATEGORY WINNER 

  • Nancy Kefilwe Ramokhua, The Patriot, Botswana (First Position) 
  • Matilda Chimwaza Majawa, Times Group, Malawi (Second Position) 

ONLINE CATEGORY WINNERS 

  • June Shimuoshili, Unwrap Online, Namibia (First Position) 
  • Tendai Chisiri, Sport Way News Net, Zimbabwe (Second Position) 
  • Shireen van Wyk, Shay Blogger, Namibia (Third Position) 
  • Prince Kurupati, Pan African Visions, Zimbabwe (Third Position) 

RADIO CATEGORY WINNERS 

  • Elvis Howahowa, Times Radio, Malawi (First Position) 
  • Stella Mlotha, Trans World Radio, Malawi (Second Position) 

Here are the winners from East African Countries: 

PRINT CATEGORY WINNER 

  • Lucy Johnbosco, Mwananchi, Tanzania (First Position) 
  • Christina Mwakangale, Nipashe, Tanzania (Second Position) 

ONLINE CATEGORY WINNERS 

  • Joan Mbabazi, The New Times, Rwanda (First Position) 
  • Leon Lidigu, Nation Online, Kenya (Second Position) 
  • Namwalo Daniel Absalom, Kenya News Agency, Kenya (Third Position) 
  • Angela Kezengwa, Citizen Digital, Kenya (Third Position) 
  • Veronica Mrema, M24 Tanzania, Tanzania (Third Position) 

RADIO CATEGORY WINNERS 

  • Kintu Khalid, Radio Simba, Uganda (First Position) 
  • Asha Bekidusa, Bahari FM, Kenya (Second Position) 

MULTIMEDIA CATEGORY WINNER 

  • Walter Mwesigye, NTV, Uganda (First Position) 
  • Edvesta Tarimo, Tumaini Media, Tanzania (Second Position) 

Here are the winners from French Speaking African Countries in partnership with The First Lady of the Republic of Burundi, H.E. Madam ANGELINE NDAYISHIMIYE; and The First Lady of Democratic Republic of the Congo, H.E. Madam DENISE NYAKERU TSHISEKEDI: 

PRINT CATEGORY WINNERS 

  • Konan N'Guessan Attoumgbre Joseph, La Retraite Active, Côte d'Ivoire (First Position) 
  • Nkurunziza Moise, Le Renouveau, Burundi (Second Position) 

ONLINE CATEGORY WINNERS 

  • Bahwa Ferdinand, Le Journal Africa, Burundi (First Position) 
  • Abdoulaye Ouédraogo, Queen Mafa, Burkina Faso (Second Position) 
  • Richard Manirakiza, l'Agence Burundaise de Presse, Burundi (Second Position) 
  • Mapote Gaye, Infomedia27, Senegal (Second Position) 
  • Atha Menssan Woffa Assan, Focus Infos, Togo (Third Position) 
  • Catherine Aimée Biloa, Échos Santé, Cameroon (Third Position) 
  • Nadège Omoladé SANNY, SRTB Online, Benin (Third Position) 

RADIO CATEGORY WINNERS 

  • MVUYEKURE Jean Claude, Radio TV Buntu, Burundi (First Position) 
  • Abdoul Razak Sani Oumarou, Radio Saraounia Maradi, Niger (Second Position) 
  • Kabamba Ngalamulume Fabrice, Radio Télévision de l'éducation (RTEDUC), DRC (Third Position)  

MULTIMEDIA CATEGORY WINNER 

  • Chris IRAMBONA, Radio Television Buntu, Burundi (First Position) 

Here are the winners from ASIAN Countries: 

PRINT CATEGORY WINNER 

  • Parikshit Nirbhay, Amar Ujala, India (First Position) 
  • Revathi Murugappan, Star Health, Malaysia (Second Position) 
  • Pooja Biraia, The Week, India (Third Position) 

ONLINE CATEGORY WINNERS 

  • Rashe Zoe Sophia B Piquero, Cebu Daily News, Philippines (First Position) 
  • Roshan Bhandari, Medicoliterature, Nepal (Second Position) 
  • Crystal Chow, Undark Magazine, China (Third Position) 

Here are the winners from LATIN AMERICA Countries: 

ONLINE CATEGORY WINNERS 

  • Adriana Becerra, Agencia Brunch, Mexico (First Position) 
  • Rafaela Polo, UOL, Brazil (Second Position) 

MULTIMEDIA CATEGORY WINNER 

  • Roxana Fabiola Lopresti, Channel 9 Televida, Argentina (First Position) 
  • Ana Paula Pedrosa, R7, Brazil (Second Position) 

Details of Merck Foundation Media Awards 2025: 

1. Merck Foundation Africa Media Recognition “More Than a Mother” Awards 2025 

Theme for the awards: Breaking Infertility Stigma, Supporting Girl Education, Women Empowerment, Ending Child Marriage, Ending FGM, and/or Stopping GBV at all levels.  

Who can apply: Journalists from Print, Radio, Online, and Multimedia platforms from the following groups:  

  • Southern African Countries  
  • West African Countries  
  • East African Countries 
  • French Speaking African Countries 
  • Portuguese Speaking African Countries 

Submission deadline: 30th September 2025. 

2. Merck Foundation Media Recognition “Diabetes & Hypertension” Awards 2025 

Theme for the awards: Promoting a healthy lifestyle and raising awareness about prevention and early detection of Diabetes and Hypertension.  

Who can apply: Journalists from Print, Radio, Online, and Multimedia platforms from the following groups:  

  • Southern African Countries  
  • West African Countries  
  • East African Countries 
  • French Speaking African Countries 
  • Portuguese Speaking African Countries 
  • Latin American Countries 
  • Asian Countries 

Submission deadline: 30th October 2025. 

All entries are to be submitted to submit@merck-foundation.com.

Distributed by APO Group on behalf of Merck Foundation.

Contact details:
Mehak Handa
Community Awareness Program Manager
+91 9310087613 / +91 9319606669
mehak.handa@external.merckgroup.com

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About Merck Foundation:  
The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website.  Please visit www.Merck-Foundation.com to read more. Follow the social media of Merck Foundation: Facebook (https://apo-opa.co/4cLhp9K), X (https://apo-opa.co/3EtS73f), Instagram (https://apo-opa.co/3GnWcqj), YouTube (https://apo-opa.co/4cUG7o7), Threads (https://apo-opa.co/3EvXLlq) and Flickr (https://apo-opa.co/42ZoEr6). 

The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors. 

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Read moreMerck Foundation CEO Meets the 125 Winners From 36 Countries- “More Than a Mother” and “Diabetes and Hypertension” Media Awards 2024, Announced in Partnership With the First Ladies of Africa
21 April 2025

AI Powers Innovation, Efficiency and Growth in African Mining

Location: News

Energy Capital & Power
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African mining projects are increasingly incorporating artificial intelligence (AI) to streamline operations and meet ambitious production targets set by governments across the continent. As the mining industry undergoes a digital transformation, the upcoming African Mining Week (AMW) will highlight the pivotal role of AI and other digital tools in optimizing exploration and production processes, with a view to unlocking new mineral reserves, reducing costs and enhancing worker safety.

Botswana Diversifies Mineral Portfolio

In Botswana, Botswana Diamonds is expanding its mineral portfolio beyond diamonds with an AI-based nationwide exploration campaign launched in August 2024. By March 2025, the company identified potential deposits of besshi, greenstone, Mississippi Valley-type lead and zinc, SEDEX and platinum group metals (PGMs). To capitalize on these discoveries, Botswana Diamonds has applied for 11 new prospecting licenses. John Teeling, Chairman of Botswana Diamonds, stated: “During the initial analysis of the big database, it became clear that the AI technology could be used to identify other unknown minerals opportunities… Our analysis so far has identified a series of targets in copper cobalt, zinc and gold.”

KoBold Advances Zambia's Critical Mineral Market

U.S.-based startup KoBold Metals is applying AI to enhance critical mineral exploration and mine development in Zambia. In January 2025, KoBold raised $537 million in new capital, bringing its total funding to $1 billion. The company is developing one of the world's largest untapped copper basins in Zambia, with plans to produce 300,000 tons annually by 2030 from its $2 billion Mingomba Project. Additionally, KoBold Metals is exploring the Dumbwa Mine and Konkola West Project, contributing to Zambia's goal of reaching 3 million tons of annual copper production by 2031.

Kilken Platinum Drives Mine Expansion

In South Africa, Kilken Platinum is utilizing AI to optimize operations at its Thabazimbi processing plant in Limpopo as part of an expansion plan to double PGM production to 83kgs per month. The project has already increased output to 40kgs in its initial phase. Dondo Mogajane, CEO of Kilken Platinum's parent company Moti Group, emphasized that AI enables real-time tracking of production metrics and ensures strict adherence to safety protocols.

Beyond these projects, Rio Tinto subsidiary Richards Bay Minerals is employing AI for ore body modeling, equipment dispatch management and blast control at its mines in KwaZulu-Natal, South Africa. In the Democratic Republic of Congo, Glencore is leveraging digital technology to streamline critical mineral exploration as part of its Phase 2 expansion at the KTO copper and cobalt project. AMW 2025 will feature high-level discussions focused on AI's impact on industry growth, investment opportunities for technology providers and the broader economic benefits of digital transformation in mining.

African Mining Week 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.

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

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17 April 2025

Coca-Cola Beverages Africa invests USD14.9m in Malawi production capacity

Location: Business
Coca Cola Beverages Africa

Coca-Cola Beverages Africa Proprietary Limited (CCBA) (www.CCBAGroup.com), through its subsidiary Coca-Cola Beverages Malawi Limited (CCBM), has invested USD14.9 million in a new state-of-the art production line in Lilongwe. 

This investment marks a significant advancement in CCBM's production capacity, allowing it to produce bottled water and beverages bearing Coca-Cola's trademarks as well as the iconic local brand Sobo, all on the same line.

The line is capable of producing 19,200 bottles per hour in pack sizes ranging from 300ml to 2 litres. This increase in production will facilitate the export of beverages to Zambia.

The new production line uses artificial intelligence (AI) to proactively identify and resolve issues before they cause stoppages, thereby minimising downtime and reducing costs.

The introduction of new technology has also created the opportunity for employees to be trained in new skills, contributing to the development of a future-ready workforce for both the business and the country.

Sunil Gupta, Chief Executive Officer of CCBA said: “This investment in Malawi reaffirms the Coca-Cola system's local approach - we produce locally, distribute locally and, where possible, source locally. Our value chain includes a significant number of businesses, many of them small and medium enterprises (SMEs).”

“This investment goes beyond numbers, it's about creating shared opportunities across the value chain,” said Neil French, General Manager of CCBM.

Gupta echoed the sentiment, adding: “This investment is a clear demonstration of our continued belief in the future of Malawi.”

Gupta also highlighted CCBA's broader efforts: “As a customer centric, digitally-enabled, growth-driven business, we are committed to excellence across our value chain. Efficient operations allow us to offer faster delivery and improved service. This new production line is another step in our journey to achieve execution excellence.”

 

Distributed by APO Group on behalf of Coca Cola Beverages Africa.

ISSUED BY:
Godwin Ngoma
Public Affairs, Communication and Sustainability Director
CCBA in Malawi
Tel: +265 995 36 15 55
Email: gngoma@ccbagroup.com

Keli Fernie
Head: Reputation and Communication 
Coca-Cola Beverages Africa
Tel: +27 82 419 8766
Email: KFernie@ccbagroup.com

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ABOUT CCBA:
CCBA is the 8th largest Coca-Cola authorised bottler in the world by revenue, and the largest on the African continent. It accounts for over 40% of all Coca-Cola products sold in Africa by volume. With over 18,000 employees in Africa, CCBA services more than 735,000 customers with a host of international and local brands. CCBA operates in 15 countries, including its six key markets of South Africa, Kenya, Ethiopia, Uganda, Mozambique and Namibia, as well as Tanzania, Botswana, Ghana, Zambia, the islands of Comoros and Mayotte, Eswatini, Lesotho, and Malawi.

Learn more at  www.CCBAGroup.com

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16 April 2025

Africa’s Top 25 Finance Leaders for 2025

Location: Business
African Leadership Magazine

African Leadership Magazine (ALM) (www.AfricanLeadershipMagazine.co.uk) is pleased to unveil its highly anticipated Top 25 African Finance Leaders 2025 list — a prestigious editorial recognition that honours excellence, innovation, and transformative leadership within Africa's financial services and economic governance landscape. This year's cohort comprises distinguished finance ministers, central bank governors, CEOs of leading financial institutions, and other influential figures who are shaping the continent's economic architecture through visionary policy direction and exemplary stewardship.

The Top 25 list is a testament to the leaders who are championing fiscal responsibility, financial inclusion, and macroeconomic stability across the continent. These individuals have demonstrated a profound ability to navigate complex economic challenges, implement forward-thinking reforms, and inspire confidence in national and regional economies. Their collective leadership has contributed to enhanced investor confidence, accelerated digital finance adoption, and strengthened institutional frameworks that support inclusive and sustainable development. As Africa continues to assert itself as a dynamic player in the global economy, these leaders are setting the standard for excellence in financial governance, demonstrating the strategic foresight and resilience required to unlock the continent's vast economic potential.

“These finance leaders have not only surmounted formidable challenges but are actively shaping a new era of economic growth, transparency, and resilience,” said Dr. Ken Giami, Publisher & CEO of African Leadership Magazine. “Their bold and visionary leadership is redefining Africa's financial narrative and positioning the continent as a rising global financial powerhouse.”

The selection process follows a rigorous two-step procedure to ensure transparency and credibility. First, nominations are gathered from a global pool of experts in the finance and banking sectors, who identify individuals making significant contributions. Then, our editorial board conducts a thorough review, evaluating candidates based on their leadership, impact, and long-term influence on the African financial landscape. This comprehensive approach ensures that we honor only the most deserving leaders, whose work is truly transforming Africa's financial sector.”

The formal recognition and celebration of these leaders will take place at the African Finance Leadership Forum, scheduled for 22 April 2025 at the United States Capitol Building, Washington D.C., USA, on the margins of the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF).

The ALM Top 25 African Finance Leaders 2025:

  1. Dr. Benedict Okey Oramah – President/Chairman, African Export–Import Bank
  2. Mthuli Ncube – Minister of Finance, Economic Development & Investment Promotion, Zimbabwe
  3. Abdellatif Jouahri – Governor, Bank Al-Maghrib (Morocco)
  4. Jeremy Awori – Group CEO, Ecobank Transnational Inc.
  5. Situmbeko Musokotwane – Minister of Finance, Zambia
  6. Johnny Ohisa Damian – Governor, Bank of South Sudan
  7. Paul Russo – CEO, KCB Group PLC, Kenya
  8. Samaila Zubairu – President/CEO, Africa Finance Corporation
  9. Johnson Asiama – Governor, Bank of Ghana
  10. Olusegun Alebiosu – CEO, FirstBank Group, Nigeria
  11. Rindra Rabarinirinarison – Minister of Economy and Finance, Madagascar
  12. Mary Vilakazi – CEO, Firstrand Limited, South Africa
  13. Mamo E. Mihretu – Governor, National Bank of Ethiopia
  14. Kennedy Bungane – Group CEO, African Bank, South Africa
  15. Rama Krishna Sithanen – Governor, Bank of Mauritius
  16. Idrissa Nassa – CEO, Coris Bank Group, Burkina Faso
  17. Sheku Ahmed Fantamadi Bangura – Minister of Finance, Sierra Leone
  18. Carolina Abel – Governor, Central Bank of Seychelles
  19. Walton Ekundayo Gilpin – MD/CEO, Rokel Commercial Bank, Sierra Leone
  20. Ferdinand Ngon Kemoum – Group CEO, Oragroup SA, Cameroon
  21. Dr. Akinwumi A. Adesina, President, African Development Bank Group
  22. Sheikh Diba – Minister of Finance and Budget, Senegal
  23. Abdulmajid Mussa Nsekela – CEO, CRDB Bank Plc, Tanzania
  24. Khaled Al-Mabrouk Abdullah – Minister of Finance, Libya
  25. Hon. Henry F. Saamoi – Governor, Central Bank of Liberia

Distributed by APO Group on behalf of African Leadership Magazine.

For media inquiries, please contact:
Ehis Ayere
Group General Manager
info@africanleadership.co.uk
+44 23 9265 8276

About African Leadership Magazine:
The African Leadership Magazine, published by the African Leadership Organization (UK), focuses on presenting the best of Africa to a global audience, telling the African story from an African perspective while developing solutions to challenges facing the continent today. We have committed the last 16 years to promoting impactful leadership on the continent and promoting African opportunities globally through an ecosystem of quality Afro-positive content, Africa trade facilitation and market entry solutions, Afro-centric communities and business networking platforms, as well as through public sector training and consulting.

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9 April 2025

Africa Finance Corporation Tops Us$1 Billion Revenue for First Time as Landmark Projects Unlock Growth Across the Continent

Location: Business
Africa Finance Corporation (AFC)

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent's leading infrastructure solutions provider, has announced its strongest financial performance to date, with total revenue for the year ended 31 December 2024 surpassing US$ 1 billion for the first time in the Corporation's history.

This record performance marks a significant milestone in AFC's mission to close Africa's infrastructure gap through scalable, de-risked investments that attract global capital and deliver tangible development outcomes. The Corporation posted a 22.8% increase in total revenue to US$1.1 billion and a 22.3% rise in total comprehensive income to US$400 million, up from US$327 million in 2023.

AFC's earnings growth was driven by improved asset yields, prudent cost-of-funds management and sustained traction in advisory mandates.  

Further significant financial highlights include:

  • Net interest income up 42.5% to US$ 613.6 million
  • Fee and commission income rose to US$109 million, the highest in over five years
  • Operating income climbed 42.7% to US$709.7 million
  • Total assets reached a record US$14.4 billion, a 16.7% year-on-year increase
  • Liquidity coverage ratio strengthened to 194%, providing over 34 months of cover
  • Cost-to-income ratio improved to 17.3% from 19.6% in 2023

Throughout 2024, AFC continued to scale its impact by mobilising capital for landmark projects across energy, transport, and natural resources. These included the Lobito Corridor – a cross-border railway development spanning Angola, the Democratic Republic of Congo (DRC), and Zambia. AFC led the initiative to secure a concession agreement within one year of the initial Memorandum of Understanding (MoU), an unprecedented achievement for a project of its scale. In the DRC, AFC also invested US$150 million in the Kamoa-Kakula Copper Complex, Africa's largest copper producer and one of the most sustainable globally, thanks to its high-grade ore and renewable-powered smelter.

Other milestones transactions included financing support for the commissioning of the Dangote Refinery, the largest in Africa, and continued progress on AFC-backed Infinity Power Holding's 10 GW clean energy ambition, with power purchase agreements secured in Egypt and South Africa. AFC also invested in the 15GW Xlinks Morocco-UK Power Project, providing US$14.1 million to support early-stage development of a transcontinental renewable energy pipeline between North Africa and Europe.

AFC strengthened its capital base and expanded its investor network through several landmark funding initiatives. These included a US$ 1.16 billion syndicated loan - the largest in its history, a US$500 million perpetual hybrid bond issue, and the successful execution of Nigeria's first-ever domestic dollar bond, which raised US$900 million at 180% oversubscription. AFC also returned to the Islamic finance market after eight years, closing a US$400 million Shariah-compliant facility.

The year also saw strong momentum in equity mobilisation, with US$181.8 million in new capital raised from ten institutional investors. These included Turk Eximbank - AFC's first non-African sovereign shareholder - the Arab Bank for Economic Development in Africa (BADEA), and several major pension funds spanning Cameroon, Seychelles, Mauritius, and South Africa. Ratings agencies affirmed AFC's robust credit profile, with AAA ratings from S&P Global (China) and China Chengxin International, and a stable A3 Outlook from Moody's.

“These results send a clear message that strategic investment in African infrastructure creates lasting value for both beneficiaries and investors,” said Samaila Zubairu, President & CEO of AFC. “In 2024, we exceeded the billion-dollar revenue mark, delivered game-changing projects, and reinforced our financial resilience—demonstrating the scalability of our unique model that blends purpose with performance to accelerate Africa's economic transformation.”

Read the full annual report here (https://apo-opa.co/424qlmR)

Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

Media Enquiries:
Yewande Thorpe
Communications
Africa Finance Corporation
Mobile: +234 1 279 9654
Email: yewande.thorpe@africafc.org

About AFC:
AFC was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC's approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa's infrastructure development needs and drive sustainable economic growth.

Seventeen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. AFC has 45 member countries and has invested over US$15 billion in 36 African countries since its inception. www.AfricaFC.org

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7 April 2025

Young voices make their mark at Africa Children’s Summit 2025

Location: News

Young voices make their mark at Africa Children’s Summit 2025

Children have taken centre stage to address critical issues affecting their lives, from education access to violence prevention, proving that they are not just future leaders but active changemakers.

This is according to the Department of Social Development, which has hosted the Africa Children’s Summit 2025.

Since its opening last week Friday, the summit has brought together some of the brightest and courageous young leaders in person from across Africa, with hundreds joining virtually. 

The children who attended in person are from South Africa, South Sudan, DRC, Ethiopia, Kenya, Lesotho, Ghana, Liberia, Mozambique, Uganda, Zambia and Zimbabwe.

In a statement, the department said the summit was child-led and child-centred, with its chairperson and programme facilitators all drawn from children invited to the summit. 

“Under the theme 'Seen, Heard, and Engaged in Education,' the children have boldly taken centre stage to address critical issues affecting their lives, from education access to violence prevention, proving that they are not just future leaders but active changemakers today,” the department said. 

One of the child leaders, 17-year-old Ison Cumbane from Mozambique, captured the spirit of the summit when he said: “Many children don’t have the opportunity to speak about their rights. We are here to give a voice to them and show that we can participate and influence decisions.”

The summit wraps up in Johannesburg today.

The child-led initiative is hosted by the South African Government through the Department of Social Development, in partnership with the Nelson Mandela Children’s Fund.

An Outcome Statement will be crafted by the children themselves, which will be handed over to the CEO of the Nelson Mandela Children's Fund and other key policymakers.

“The Outcome Statement outlines actionable recommendations for governments and civil society to implement policies that prioritise children’s voices and rights across Africa,” the department said. – SAnews.gov.za

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7 April 2025

Africa’s Strategic Diplomacy Fuels Mining Sector Growth

Location: News

Energy Capital & Power
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African nations are leveraging strategic partnerships to attract investment and strengthen their mining sectors. As competition between Western and Eastern powers intensifies over critical minerals, Africa has emerged as a key player in global supply chains, balancing geopolitical interests while maximizing economic benefits. With global markets racing to secure resources for the energy transition and the Fourth Industrial Revolution, the upcoming African Mining Week will facilitate collaboration between African governments and international stakeholders.

U.S.–DRC Partnership to Unlock Mineral Wealth

In March 2025, the U.S. State Department reaffirmed (https://apo-opa.co/43JPLr8) its interest in engaging with the Democratic Republic of Congo (DRC) to unlock its estimated $1.2 trillion in untapped mineral resources. Cooperation between the two countries could yield a transformative impact on the sector, with U.S. financing and technical expertise unlocking the potential of the world's largest cobalt producer and Africa's largest copper producer. The U.S. has already played an active role in the financing and development of the Lobito Corridor, facilitating mineral transport and trade between the DRC, Angola, Zambia and international markets.

EU Expands Mining, Green Energy Investments

This month, the European Union (EU) pledged €4.7 billion (https://apo-opa.co/42q3265) to South Africa to support raw material value addition, the energy transition, local vaccine manufacturing and green hydrogen production. South Africa, home to the world's largest deposits of platinum group metals (PGMs), will leverage this funding to enhance PGM production to meet growing demand for electrolysers used in green hydrogen applications. This follows South Africa's $1 billion green hydrogen partnership with Denmark and the Netherlands established in 2023. Neighboring Namibia has also attracted European investment, with the EU committing €25 million to Namibia Hydrogen Fund Managers in September 2024 to propel the country's green hydrogen sector. Meanwhile, Uganda is taking steps to develop its mining sector with the support of the EU and Germany's Federal Ministry for Economic Cooperation and Development, having launched the Sustainable Development of the Mining Sector project earlier this month. 

China Strengthens its Position in African Mining

China remains one of the largest investors in African mining, with both state-owned and private firms driving sector growth. In September 2024, China pledged $50 billion over three years for infrastructure and mineral development across the continent. Key projects in the DRC include CMOC's $2.5 billion expansion of the Tenke Fungurume Mine and Sinohydro and China Railway's $7 billion infrastructure-for-minerals deal in copper and cobalt mining. China has also invested heavily in Zimbabwe's lithium sector and pledged $1 billion to upgrade the Tazara Railway, improving East Africa's mineral exports.

Growing Global Interest in Africa's Mining Sector

Beyond the U.S., EU and China, countries like Canada, Australia and the UAE are ramping up mining investments in Africa. Canadian firms are expanding their footprint in West Africa's gold sector, Australian companies are backing lithium and rare earth projects in southern Africa and the UAE is securing stakes in critical mineral supply chains through strategic joint ventures. African Mining Week, taking place October 1-3 in Cape Town, will provide a platform for African nations to engage global investors, strengthen cooperation and accelerate resource development.

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

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7 April 2025

Top African Projects Driving the Mining-Energy Nexus

Location: News

Energy Capital & Power
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Mining represents one of the most energy-intensive industries globally. As African nations ramp up mineral extraction to drive economic growth, mining projects and stakeholders are increasingly investing in energy infrastructure to sustain operations and meet rising production targets. Amid efforts to improve grid stability, the upcoming African Mining Week conference will highlight the continent's investment opportunities emerging from the mining-energy nexus.

Northam Bolsters Power Supply for South African Mines

In February 2025, mining firm Northam signed a power purchase agreement (PPA) for 140 MW of wind power to support its platinum group metals operations in Limpopo. This deal follows an earlier PPA signed in October 2024 for an 80 MW solar power facility to supply the company's Zondereinde mine, aimed at driving South Africa's expansion of its PGMs sector. These agreements are part of Northam's broader strategy to enhance energy security and sustainability while reducing its carbon footprint in alignment with national renewable energy goals.

Richards Bay Minerals Expands PPA Portfolio

Richards Bay Minerals, a subsidiary of mining multinational Rio Tinto, signed its third PPA with Red Rocket in February 2025, securing 230 MW of electricity from Red Rocket's 380 MW Overberg Wind Farm. This agreement increases the company's total contracted renewable energy supply to 500 MW and supports Rio Tinto's commitment to reducing emissions by 50% by 2030. Richards Bay Minerals also taps into energy from the 130 MW Bolobedu solar PV plant and 140 MW Khangela Emoyeni wind farm.

Further Investments in Renewables for Mining

Other mining companies across Africa are driving large-scale energy projects to secure a stable power supply. In South Africa, Ivanhoe Mines completed a 5 MW solar facility in Q1 2025 to support its Platreef PGM mine, while Impala Platinum signed a five-year PPA with Discovery Green to supply wheeled renewable energy to its Impala Refineries operation. Meanwhile, commodities firm Trafigura is developing a 2 GW initiative to power Angolan mines, and First Quantum is set to commission a 430 MW project in Zambia in 2025. Tronox Holdings plans to roll out 400 MW of energy projects in South Africa by 2027 and Chinese mining company CMOC is preparing a 200 MW energy project in the DRC, set for commissioning by 2028.

As these investments unfold, African Mining Week will showcase key milestones in energy security for the sector, highlighting lucrative opportunities within Africa's independent power markets. The event will emphasize the growing demand for stable, sustainable energy solutions as miners continue to invest in energy infrastructure.

African Mining Week 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.

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

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4 April 2025

IAE 2025 to Highlight Growth Opportunities in Africa’s Downstream Supply Chain

Location: Business
Energy Capital & Power

The upcoming Invest in African Energy (IAE) 2025 Forum will host a high-level panel – Downstream Beneficiation: Supply Chain Development for Optimal Performance – as the continent aims to enhance energy security, reduce import dependence and maximize the value of its natural resources. The session will explore how the expansion of Africa's downstream sector can strengthen supply chains, enhance refining capacity and drive sustainable economic growth through infrastructure investment and strategic partnerships.

As Africa's energy landscape evolves, optimizing downstream operations is critical to unlocking the full potential of the continent's natural resources. This session will focus on closing the infrastructure finance gap by addressing key challenges such as upgrading refineries, expanding storage and distribution networks, and developing service stations, bottling plants and transport fleets. Panelists will also examine the role of strategic hubs – such as Egypt's petrochemical industry, Equatorial Guinea's Gas Mega Hub and Algeria's emerging green hydrogen sector – in bolstering Africa's supply chain efficiency, along with key regional projects like the Central African Pipeline System and the Lobito Corridor linking Angola, Zambia and the Democratic Republic of Congo.

IAE 2025 (https://apo-opa.co/43FPXaT) is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Moderated by James Gooder, VP Crude, Argus Media, the panel will feature industry leaders offering key insights into Africa's downstream sector. Speakers include Anibor Kragha, Executive Secretary, African Refiners & Distributors Association; Tarik Berair, Commercial Development Manager, Technip Energies; Fernando Covas, Executive Director, S&P Global Commodity Insights; James Bullen, Head of Downstream, Petredec and Michael Kelly, Chief Advocacy Officer, World Liquid Gas Association. 

Africa's downstream investment climate is undergoing significant transformation, with several major projects driving the sector's growth including Nigeria's 650,000-bpd Dangote Refinery, Angola's 200,000-bpd Lobito and 100,000-bpd Soyo refineries, and Algeria's 100,000-bpd Hassi Messaoud Refinery. Despite recent refinery closures, South Africa also maintains a well-developed fuel distribution network, retail stations and petrochemical production, while Mozambique is emerging as a key LNG hub, with the Coral South FLNG project already operational and the Rovuma LNG and Mozambique LNG projects currently under development.

Despite these advancements, challenges remain in securing adequate financing for infrastructure upgrades and supply chain expansion. Addressing these gaps will require coordinated efforts from governments, private investors and industry stakeholders to develop resilient and efficient downstream operations. The IAE 2025 downstream panel will provide a platform for stakeholders to discuss actionable strategies that ensure Africa's energy sector remains competitive, sustainable and responsive to global demand.

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

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3 April 2025

African Mining Week Unveils 2025 Program, Connecting Investors to African Projects

Location: News

Energy Capital & Power
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The African Mining Week (AMW) conference and exhibition has officially launched its 2025 program, unveiling key topics and lucrative opportunities across Africa's mining value chain. The three-day program will foster collaboration on investment, value addition, local content development and industrialization. Bringing together African regulators, key mining stakeholders and global partners, AMW serves as a critical platform for shaping the future of African mining.

Download the program here: https://apo-opa.co/42kb940

Scheduled for October 1–3 in Cape Town, AMW takes place under the theme, From Extraction to Beneficiation: Unlocking Africa's Mineral Wealth. The event is co-located with the African Energy Week: Invest in African Energies conference, providing attendees a strategic opportunity to gain insight into opportunities across both the energy and mining sectors in Africa.

The AMW program features the Ministerial Forum, where African and global mining ministers will connect to showcase investment opportunities, discuss regulatory frameworks and highlight efforts to drive local beneficiation and value addition. Through policy revitalization and strategic partnerships, African markets are increasingly positioning themselves as attractive destinations for global investors.

A series of Country Spotlights will offer a deep dive into Africa's diverse mineral wealth, featuring insights into Botswana and Angola's diamond resources, Zambia's copper reserves and the Democratic Republic of Congo's cobalt market. Spotlights will also examine the latest developments within South Africa's platinum group metals, Zimbabwe's lithium, Mali's uranium and Malawi and Tanzania's rare earths industries.

AMW's Critical Minerals Track will explore emerging trends and opportunities within a sector that is crucial to the global energy transition. With Africa holding 30% of the world's critical minerals, the continent is attracting substantial interest from international players eager to unlock its vast potential. AMW will spotlight Africa's growing role in mineral diplomacy, as countries strengthen investment ties and infrastructure collaboration with global partners, including China, the U.S., Canada, the UAE, Australia and the European Union. Meanwhile, AMW Roundtables will facilitate deal signings and enhanced cooperation among African stakeholders and international investors.

Innovation will take center stage at the Technology Forum, set to explore the transformative role of digital technologies, AI and machine learning in modernizing mineral exploration and production. African markets are increasingly leveraging advanced tools to accelerate exploration, with companies such as Botswana Diamonds utilizing AI-driven solutions to diversify beyond traditional diamond mining. Meanwhile, KoBold Metals is using AI to unlock new copper discoveries in Zambia, supporting the country's ambition to ramp up production to 3.1 million tons annually by 2031.

The Investment Track will bring together global investors, including public financiers and international development finance institutions to explore funding opportunities across the mining value chain. Discussions will focus on optimizing financial mechanisms, such as loans, private placements and equity funding, to maximize capital flows to Africa's mining sector. Additionally, the Junior Miners Forum will provide a platform for small-scale mining firms to pitch their projects to investors, potential partners and industry experts, enhancing their contributions to the sector's growth. Join AMW 2025 today and be part of the discussion on Africa's mining future.

African Mining Week 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. To download the working program, please visit www.African-MiningWeek.com

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

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3 April 2025

Mining Advances Growth Prospects for African Economies

Location: News

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Mineral-rich African countries are strengthening cooperation with global partners to optimize the mining value chain, leveraging investments to accelerate GDP growth and sustainable development. In recent years, the contribution of mining to the national fiscus has grown significantly across many nations, and looking ahead, this growth momentum is on track to continue as nations promote greater investment in mineral development.  

Mali

The Malian government expects to collect $1.2 billion (apo-opa.co/41Uk6C6) in tax revenue from the mineral sector in Q1, 2025 alone. New developments such as Hummingbird Resources' Yanfolia project and Ganfeng Lithium's Goulamina mine coming online, the country's mining industry is set to expand even further. In 2023, the sector contributed approximately $1 billion to the economy, accounting for 21.5% of the national budget.

Malawi

Malawi is accelerating the rollout and monetization of mining projects under its Agriculture, Mining and Tourism strategy. The strategy focuses on boosting activities across these sectors, with goals including increase exports, job creation and greater investment. The World Bank (apo-opa.co/3E0bWyX) projects that the mining sector will contribute 12% to Malawi's GDP by 2027, generating $300 billion in export revenue between 2026 and 2040.

South Africa

South Africa's mining sector remains a major economic pillar, contributing 6% to the country's GDP in 2024 and generating R100 billion in national revenue. The industry provided 474,876 formal jobs, accounting for 4.5% of total employment, while exports reached R800 billion - representing 45% of total merchandise exports. With efforts to revitalize the gold industry and accelerate growth in critical minerals underway, the industry's contribution to economic stability continues.

Zambia

In Zambia, mining continues to play a critical role, contributing 20% of total revenue, 15% of formal employment and 70% of export earnings (apo-opa.co/447UXVS). A plan to increase annual copper production to 3.1 million tons by 2031, reallocate 1,000 repossessed mining licenses (apo-opa.co/3R1l2hS) and attract new investments by firms such as Barrick, Jubilee Metals and Tertiary Minerals, will further expand the sector's contribution to GDP.

Botswana

With a wealth of untapped mineral opportunities, Botswana seeks to leverage international partnerships to unlock additional value across its diamond sector. Diamond mining currently accounts for 4% of employment, 30% of GDP and 85% of total exports in the country. Going forward, greater investment across the industry will not only spur job creation but generate increased revenue from the industry.

Ghana

Ghana's mining industry is a significant contributor to the country's economy, with minerals such as gold, manganese, bauxite and diamonds generating substantial revenue for the economy. Gold accounted for 48.4% of GDP in 2024 while small-scale gold miners alone generated $5 billion in foreign earnings from gold exports in the same year. However, with a focus on improving industry regulation, formalizing small-scale mining operations and increasing investments, Ghana is on track to generate greater value from its mining sector.

As global demand for minerals rises - driven by the energy transition and the Fourth Industrial Revolution - the prospects for Africa's mining sector remain strong. The upcoming African Mining Week - taking place on October 1-3 in Cape Town - will highlight the sector's expanding role in economic growth, job creation and revenue generation. African Mining Week will explore how countries are leveraging mining revenues to drive economic growth and infrastructure development, ensuring the industry remains a cornerstone of Africa's economic future.

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

Read moreMining Advances Growth Prospects for African Economies
27 March 2025

Billions in Investment Opportunities Presented by Premier Invest

Location: News
Energy Capital & Power

Financial services provider Premier Invest has announced a series of investment opportunities in the African energy and oil and gas sectors. covering a range of four energy projects across Benin, Zambia and South Africa and five oil and gas projects across Nigeria and Ghana, as well as Guyana.

The announcement was made on March 26 by Rene Awambeng, Founder and Managing Partner of Premier Invest during a dedicated deal-room session – Showcasing Upstream Oil and Gas Transactions in Africa – at the inaugural Congo Energy & Investment Forum (CEIF) in Brazzaville.

“The deal-room sessions on the sidelines of the Congo Energy & Investment Forum are an opportunity to provide a platform for sponsors, developers and project promoters to showcase significant upstream, midstream, downstream and power transactions in Africa to potential investors,” stated Awambeng.

The first opportunity, a 43 MW clean gas project in Benin, is seeking $84 billion in project finance. Currently in the commercial close stage of development, the project will help reduce the cost of energy in the country while bolstering economic growth, job creation and improving Benin's energy security.

Meanwhile, Zambia features a $92 million investment opportunity in a 71 MW hybrid solar PV and wind project. The project will feature a power purchase agreement over a period of 25 years and is estimated to feature an annual production of 232 GWh per year.

In South Africa, a 100 MW solar PV project has an $87 million investment opportunity. The project will feature an offtake agreement with the National Energy Regulator of South Africa and a power purchase agreement of 20 years. The project will boast an annual production rate of 195 GWh per year.

Concluding the energy investment opportunities South Africa is also seeking $100 million in investment to finance a 100 MW clean-gas project to complement intermittent renewable energy sources, such as solar and wind, while offering a cleaner solution to the country's reliance on coal. The project features a proposed capital structure of 70:30 and is in the active implementation stage.

In the oil and gas sector, gas producing company NESGAS is seeking $200 million in financing for the development of an LPG bulk storage facility in the Oil & Gas Free Zone in Nigeria. Phase 1 of the project will feature a commitment of $140 million to develop inland facilities, pipelines and site works while the second phase will feature an investment of $60 million focusing on engineering, procurement and construction contracts for tanks, instrumentation and commissioning.

Meanwhile, a state-of-the-art gas-to-liquids plant – the details of which are subject to a non-disclosure agreement – is seeking interested parties to participate in an upcoming formal investment process. The project will have a validated production capacity of 1,850 barrels of oil per day and will feature an earnings before interest, taxes, depreciation and amortization measure of approximately $50 million.

Ghana is seeking $759 million in financing to develop four offshore production wells. Financing will be used to develop tie-back infrastructure to existing FPSO infrastructure, targeting 57.8 million standard barrels of oil. The project aims to produce 5 million barrels of oil per year, with potential investors set to receive 84% of the total project net present value.

An indigenous oil development company in Nigeria is seeking an experienced management team to invest $18 million to drill additional wells and increase production at a field with a projected production rate of 2,300 barrels per day.  The field area covers 46km2 and is covered by 3D seismic surveys.

Finally, Awambeng also announced a $25 million investment opportunity in Guyana. The project will be adjacent to one of the most productive offshore oil fields in the region and boasts recoverable reserves of approximately 400 million barrels. Investment will be used to support conventional offshore drilling and FPSO tie-up.

The companies involved in the investment opportunities will be disclosed upon inquiry, with financing options subject to non-disclosure agreements.

The inaugural Congo Energy & Investment Forum, taking place March 24-26, 2025, in Brazzaville, under the highest patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo, brings together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities.

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

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22 March 2025

World Cancer Day 2025: 194 Scholarships in Oncology

Location: Business
Merck Foundation

  • Merck Foundation marks World Cancer Day with African First Ladies by providing 194 scholarships of Oncology Training to African doctors from 32 countries.
  • Merck Foundation together with Africa First Ladies and Ministries of Health has been building cancer care capacity and increasing the limited number of Oncologists in their countries by providing close to 200 Scholarships of One-, two- and three-years fellowship, diploma and Master Degree of oncology to African doctors from 32 Countries.
  • Merck Foundation is making history in Africa by training the First African Oncologists and First Cancer Care Teams in Countries such as The Gambia, Sierra Leone, Burundi, Liberia, Guinea Conakry, Central African Republic, Chad, Burundi, Malawi, Niger, Namibia, Zambia, Zimbabwe and more.

Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany, marks ‘World Cancer Day 2025' together with Africa's First Ladies and Ministries of Health. Through their Cancer Access Program, Merck Foundation is is building quality and equitable cancer care capacity in Africa.

Senator Dr. Rasha Kelej, the CEO of Merck Foundation, highlighted, “At Merck Foundation, we mark World Cancer Day not just as a single day, but as a our continued commitment to transform and advance cancer care in Africa.

Together with my dear sisters, the Africa's First Ladies, we are have enhanced the cancer care capacity in the continent by providing 194 scholarships to young African doctors from 32 countries, significantly increasing the number of oncologists in Africa. We are making history together by providing these important scholarships for the first oncologists and /or the first cancer care teams in many countries across Africa.”  

Merck Foundation in total provided more than 2100 scholarships to doctors from over 52 countries in 44 critical and underserved medical specialties.

The Merck Foundation Cancer Access Program provides One, two- and three-years fellowship, Post Graduate Diploma and Master Degree of oncology for doctors from Africa. The clinical training has been conducted in India, Egypt and Kenya. Additionaly, Merck Foundation also provides scholarships for 2 years online PG Diploma in Cancer and Clinical Oncology, 01 year online PG Diploma in Medical Oncology and 1 year online PG Diploma in Pain Management from reputed Universities in UK like University of South Wales, University of Buckingham, Queen Mary University of London, and Cardiff University.

Merck Foundation is establishing Multidisciplinary Oncology Care teams in many African countries by providing scholarships of clinical training in Medical Oncology, Surgical Oncology, Pediatrics Oncology, Gynecology Oncology, Breast Oncology, Haemato-Oncology, Orthopaedic Oncology, Palliative Care, Pathology Oncology, Radiation Oncology, Research in Oncology, Surgical Oncology - Genital Urinary System, Advanced Cytopathology Training, Interventional Radiology, Radiation Technician, Laboratory Technician, Oncology Nursing.

Merck Foundation through its Merck Foundation Cancer Access Program has provided 194 scholarships of Oncology to doctors from 32 countries including Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Congo Brazzaville, Democratic Republic of the Congo, Ethiopia, Gabon, Gambia, Ghana, Guinea, Kenya, Liberia, Malawi, Mauritius, Mozambique, Namibia, Nepal, Niger, Nigeria, Rwanda, Sao Tome & Principe, Senegal, Sierra Leone, South Africa, Sri Lanka, Tanzania, Uganda, Zambia and Zimbabwe.

“In several of these countries, there wasn't even a single oncologist. We are proud to be making history in Africa by training the first oncologists and establishing the first cancer care teams in nations such as The Gambia, Sierra Leone, Burundi, Liberia, Guinea Conakry, Central African Republic, Chad, and Niger. Merck Foundation remains committed to transforming the landscape of cancer care across the continent and leading Africa toward a healthier future,” explained Senator Dr. Rasha Kelej.

Africa records around 1.1 million new cases of cancer, resulting in up to 700,000 deaths, every year, as per WHO data. The mortality rate of cancer patients is very high in Africa, as compared to the rest of the world.

“One of the key reasons is also the late diagnosis of the disease. Therefore, these scholarships are very important” added Senator Kelej.

Merck Foundation has also created awareness materials including awareness leaflets and videos on Cancer Prevention and Early Detection.

Dr. Chifundo Kajombo, Merck Foundation Alumni from Malawi shares, “I am privileged to be awarded a scholarship by Merck Foundation to pursue the Surgical Oncology fellowship training program at Tata Memorial Hospital, India. I managed to advance from basic surgical oncology principles to the advanced level. This has helped me improve my understanding of cancer and operative principles. Since returning back home, I have managed to change the structure of how our breast clinic runs and modified it to incorporate a number of new things that we probably could not have possibly included. I am so proud to share that I have just been awarded the Best Surgeon for 2023 in Malawi. I would not have achieved this feat without Merck Foundation's scholarship. I am very thankful.”

Watch testimonials videos of Merck Foundation Oncology Fellowship Alumni: https://apo-opa.co/41OIaF9

Distributed by APO Group on behalf of Merck Foundation.

More images: https://apo-opa.co/4iRW3JJ

Contact details:
Mehak Handa
Community Awareness Program Manager
+91 9310087613 / +91 9319606669
mehak.handa@external.merckgroup.com

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About Merck Foundation:
The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website.  Please visit www.Merck-Foundation.com to read more. Follow the social media of Merck Foundation: Facebook (https://apo-opa.co/41N19zX), X (https://apo-opa.co/4iMYFZc), Instagram (https://apo-opa.co/41PwZfx), YouTube (https://apo-opa.co/4iRZtfA), Threads (https://apo-opa.co/4l4QxW7) and Flickr (https://apo-opa.co/4iQjTp3).

The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors.

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21 March 2025

UNIDO and Japan Highlight Longstanding Partnership for and With Africa at Special Event

Location: News

United Nations Industrial Development Organization (UNIDO)
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The Permanent Mission of Japan to the International Organizations in Vienna and the United Nations Industrial Development Organization (UNIDO) jointly hosted the “UNIDO-Japan partnership for Africa” event at the Vienna International Centre this week. Held in the framework of the Ninth Tokyo International Conference on African Development (TICAD 9), it showcased achievements through a week-long panel exhibition and a series of thematic discussions. 

An opening ceremony on 17 March 2025 in the Rotunda featured remarks by UNIDO Director General Gerd Müller (via video message) and the co-host, Ambassador Atsushi Kaifu of Japan. Ambassador Maimounata Ouattara of Burkina Faso, Chairperson of the African Group in Vienna and UNIDO Deputy to the Director General and Managing Director Yuko Yasunaga also provided opening remarks. A musical performance by the My Heart String Quartet Hiroshima accompanied the ceremony. 

In his video statement, Director General Müller underscored the strength of the partnership between UNIDO and Japan, noting, “UNIDO and Japan together address poverty and hunger, advance climate action and foster a circular economy. We create jobs and livelihoods around the world, offering perspectives for the future”. Ambassador Kaifu of Japan underscored the significance of the year 2025, as the TICAD 9 Summit will be held this August in Yokohama, Japan. He expressed the hope that “this week's event provides an opportunity to explore innovative solutions for Africa and serves as a significant milestone in advancing the TICAD process”.

Ambassador Kaifu of Japan underscored the significance of the year 2025, as the TICAD 9 Summit will be held this August in Yokohama, Japan. He expressed the hope that “this week's event provides an opportunity to explore innovative solutions for Africa and serves as a significant milestone in advancing the TICAD process”.

Ambassador Ouattara reaffirmed the importance of the UNIDO-Japan partnership with Africa stating that it “played a transformative role in promoting inclusive and sustainable industrialization across our continent”. She further highlighted that “this partnership has contributed to economic growth, job creation and the adoption of sustainable practices that empower Africa industries and communities”. Deputy to the Director General Yuko Yasunaga highlighted UNIDO's ongoing commitment to supporting Africa's industrial development and acknowledged Japan's significant financial contributions. 

The opening ceremony included the presentation of newly funded projects in Ethiopia, Nigeria, Sudan, the United Republic of Tanzania, and a regional project (Egypt, Kenya, Morocco, Nigeria, Senegal, South Africa, United Republic of Tanzania, Zambia). Following the opening ceremony, a reception provided attendees with networking opportunities, while discussions continued in informative sessions.  

The first session was a presentation on the activities of the UNIDO Investment and Technology Promotion Office (ITPO) Tokyo in Africa, by Fumio Adachi, Head of ITPO Tokyo. The session informed about seminars and events, the delegate programme and African business advisors programme of the ITPO in Tokyo, as well as its Sustainable Technology Promotion Platform (STePP) and Global South programme. 

Another session focused on plastic circular economy initiatives and challenges in Japan and Africa. Government representatives from seven African countries —Egypt, Kenya, Morocco, Nigeria, Senegal, South Africa and the United Republic of Tanzania— discussed efforts to address plastic pollution through circular economy approaches. The discussion underscored how Africa's increasing plastic consumption, driven by population growth and urbanization, can benefit from sustainable waste management solutions. 

A seminar on UNIDO's data-based lean manufacturing showcased the success story of the digital tool “U-SPARK” (UNIDO smart performance analytics for real-time Kaizen) which helps enhance enterprise performance management in Ghana's food processing sector. UNIDO is now working with the African Union Development Agency (AUDA-NEPAD) to expand the initiative across the continent. 

Throughout the week, the results of the UNIDO-Japan cooperation in Africa were on display in a panel exhibition, showcasing our work in Egypt, Ethiopia, Ghana, Kenya, Madagascar, Morocco, Nigeria, Sierra Leone, Somalia, South Sudan, South Africa, Uganda, the United Republic of Tanzania, and Zambia, as well as the activities of ITPO Tokyo. 

Through the week-long event, UNIDO and Japan reaffirmed their shared commitment to advancing industrial development in Africa. 

Distributed by APO Group on behalf of United Nations Industrial Development Organization (UNIDO).

Read moreUNIDO and Japan Highlight Longstanding Partnership for and With Africa at Special Event
21 March 2025

African Region Records Further Decline in TB Deaths, Cases

Location: News

WHO Regional Office for Africa
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The African region has recorded the steepest decline globally in tuberculosis (TB) deaths since 2015, despite falling short of key milestones to significantly lower the burden of the disease and end its toll on health and lives.

Deaths from TB fell by 42% between 2015 and 2023 while cases declined by 24% over the same period, according to the World Health Organization (WHO) Global TB Report 2024. 

The reductions were mainly due to increased efforts by countries to reinforce case detection and provision of treatment, thus averting deaths. About 1.9 million cases were detected in 2023 compared with 1.4 million in 2020. Over the same period, treatment coverage rose from 55% to 74% across the region.

This year, World TB Day is being marked under the theme “Yes! We Can End TB: Commit, Invest, Deliver”, which calls for urgent action to turn commitments into tangible impact. It emphasizes the need for strong investment and decisive measures to scale up WHO-recommended interventions for early detection, diagnosis, preventive treatment and high-quality TB care.

The WHO End TB Strategy calls for countries to reduce TB deaths and cases by 75% and 50% respectively by 2025, compared with 2015 levels. 

Several African countries have made notable progress. South Africa achieved a 50% reduction in TB incidence between 2015 and 2023, becoming the first country in the region to surpass the 2025 milestone ahead of schedule.

Mozambique, Tanzania, Togo and Zambia have also already met the 2025 goal of a 75% reduction in TB deaths. Other countries, including Kenya, Malawi, Rwanda, Sierra Leone and Uganda are close behind, with mortality reductions of 66% or more.

At a subregional level, Eastern and Southern Africa has been the main driver of TB reduction, cutting incidence from 466 to 266 per 100 000 between 2000 and 2023. Progress has been slower in Central and West Africa, where TB incidence and mortality remain a concern.

Despite the progress, several challenges still need to be overcome. Limited access to rapid diagnostics, which currently reach only 54% of TB patients, is one of the most pressing issues. While this marks a significant improvement from just 24% in 2015 – nearly doubling coverage in 10 years – access is insufficient to curb the spread of multidrug-resistant TB strains.

The burden of MDR-TB persists, with more than half of these cases undiagnosed and untreated in 2023.

TB also imposes a severe economic burden. For nearly 68% of TB-affected households in Africa, the cost of seeking treatment is catastrophic. Many families face high out-of-pocket medical expenses, loss of income and inadequate social protection, hindering adherence and full recovery.

Low funding continues to impede TB control efforts at national and regional levels. The African region requires US$ 4.5 billion annually for comprehensive TB services, yet only US$ 0.9 billion is currently available, leaving a US$ 3.6-billion gap. Without urgent investment, life-saving interventions will remain out of reach for many.

WHO continues to support countries to reinforce TB control and contribute to global efforts against the disease. This includes working with countries to adopt rapid diagnosis and updated treatment guides, in line with the UN High-Level Meeting Political Declaration on TB 2023.

To meet the global targets, urgent action is required to close the diagnostic gap, increase funding, and expand access to treatment and prevention.

Distributed by APO Group on behalf of WHO Regional Office for Africa.

Read moreAfrican Region Records Further Decline in TB Deaths, Cases
20 March 2025

Presidency announces President Ramaphosa’s upcoming diary

Location: News

Presidency announces President Ramaphosa's upcoming diary

Presidential Spokesperson Vincent Magwenya has, on Thursday, briefed the media on President Cyril Ramaphosa’s programme for the upcoming weeks.

The following are some of the engagements the President will be undertaking:

•    The inauguration of Namibia’s President elect, Netumbo Nandi-Ndaitwah on Friday, 21 March.
•    President Ramaphosa will address the Water and Sanitation Indaba kicking off on 27 March.
•    On the same day, 27 March, President Ramaphosa will receive letters of credence from Heads of Mission from some 14 countries.
•    The President will deliver the keynote address at the Women Economic Assembly on March 28.
•    On 3 April, President Ramaphosa will receive an official visit from Zambia President Hakainde Hichilema.
•    On 9 April, the President will open and deliver an address at the three-day Police Summit.
•    Also on 9 April, he will tour the Council for Scientific and Industrial Research (CSIR) and will be taken through the institute’s flagship programmes. Following that, President Ramaphosa will join the conference of the International Association of Women Judges.

“If there are any changes on the President’s schedule, we will share those through various updates and media advisories,” Magwenya concluded. – SAnews.gov.za

 

NeoB
Thu, 03/20/2025 - 13:37
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20 March 2025

UAE Investments Drive African Mining Growth

Location: News

Energy Capital & Power
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Ambrosia Enters Malian Market 

In February 2025, investment fund Ambrosia Investment Holding acquired a 50% stake in Canadian firm Allied Gold's mining projects in Ethiopia and Mali. As part of the deal, Ambrosia will inject $375 million in working capital to accelerate project development, boosting Ethiopia and Mali's gold output by 290,000 ounces per annum by mid-2026 and 400,000 ounces per annum by 2028, respectively. Additionally, Ambrosia plans to deploy solar photovoltaic and battery energy storage systems to ensure energy security at the Sadiola mine in Mali by July 2026 as part of the acquisition agreement. 

AD Ports Kickstarts Luanda Operations 

Logistics firm AD Ports Group started operations at the Luanda Port in January 2025 as part of a $250 million investment plan. With the Luanda Port handling 76% of Angola's cargo volumes and serving as a crucial trade corridor between international markets and Angola, Zambia and the Democratic Republic of Congo, AD Ports' investment will bolster the region's mining sector. AD Ports will operate the terminal over the next 20 years. The company could increase investments at the facility to $380 million to meet the growing demand for logistics as Angola's container volumes are anticipated to increase by 3.3% annually over the next decade. 

IHC Bolsters Production at Mopani Mine 

International Holding Company boosted ore production at the Mopani Mine in Zambia from 2.2 million tons to 2.8 million tons in January 2025 through its $1.1 billion investment made in March 2024. The mine has also improved copper grade from 1.68% to 2.21% and expanded employment from 10,765 to 12,684 workers. 

Emiral Expedites Ghana, Mauritania Projects 

Emiral Mining is fast-tracking its iron ore project in Mauritania, with a pre-feasibility study report set for release in Q1, 2025. The company has invested $40 million in exploration since February 2020. Additionally, Emiral Mining is strengthening Ghana's gold industry through its majority stake in Asante Gold Corporation, the operator of Ghana's major gold mines such as Bibiani and Chirano. Asante Gold Corporation is undertaking a $522 million expansion program for the Bibiani and Chirano Mines. 

Looking Ahead 

A number of UAE public and private sector entities are seeking partnership and investment opportunities across various African markets. International Resources Holding signed an agreement with South Africa's Public Investment Corporation in late 2024 to invest in mining, green energy and logistics projects. Similarly, DP World announced a five-year $3 billion investment plan in mid-2024 to enhance Africa's logistics infrastructure and facilitate mineral exports to international markets. In Kenya, the UAE Ministry of Investment and Abu Dhabi's sovereign wealth fund ADQ signed agreements in 2024 to invest in the country's mining sector as part of broader efforts to enhance bilateral trade and economic cooperation. 

The upcoming African Mining Week – taking place October 1-3 in Cape Town - presents an ideal platform for UAE and African stakeholders to strengthen industry cooperation. As the premier event for the African mining industry, African Mining Week fosters collaboration and dealmaking, striving to advance projects and consolidate the continent's position as a global mineral producer. The event takes place under the theme From Extraction to Beneficiation: Unlocking Africa's Mineral Wealth. 

African Mining Week 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.

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

Read moreUAE Investments Drive African Mining Growth
19 March 2025

Support From the United Kingdom Enables Food and Agriculture Organization of the United Nations (FAO) to Scale up Pest Monitoring and Improve Food Security in Africa

Location: News

FAO Regional Office for Africa
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The Food and Agriculture Organization of the United Nations (FAO) has welcomed a contribution of nearly USD 1.2 million (£ 950 000) from the United Kingdom of Great Britain and Northern Ireland which will support the implementation of the Africa Phytosanitary Programme (APP).  

APP is an initiative of the International Plant Protection Convention (IPPC) and is designed to strengthen the technical capacity of personnel in national plant protection organizations - government agencies responsible for phytosanitary work. The programme equips them to use scientific approaches and advanced digital technologies to improve monitoring, detection, response and recovery from pest outbreaks. 

Annually, pests cause between 30 to 60 percent of crop losses in Africa, resulting in an economic cost of about USD 65.58 billion. These losses leave millions of people at risk of food insecurity, impact small-scale and commercial farmers' livelihoods and hinder regional and international trade of agricultural commodities.  

“This contribution to the APP will strengthen Africa's phytosanitary capacity, enhancing our collective efforts to combat plant pests. Robust plant health systems are essential for safeguarding food security, enhancing biosecurity, facilitating trade, and protecting livelihoods across the continent,” said Beth Bechdol, FAO Deputy Director-General and interim IPPC Secretary.  

The APP implementation targets all 54 African countries, with phase one underway in Cameroon, the Democratic Republic of the Congo, Egypt, Guinea-Bissau, Kenya, Mali, Morocco, Sierra Leone, Uganda, Zambia and Zimbabwe. Phase two will be launched in 2025 with eight countries: Algeria, Cabo Verde, Chad, the Republic of the Congo, Liberia, Malawi, South Africa and Tunisia.  

A partnership for sustainable and resilient agriculture  

Since becoming a Member of FAO in 1945, the United Kingdom has helped to promote sustainable agriculture and global food security by supporting the Organization's strategic work in areas such as agricultural statistics, nutrition and food security analysis, development cooperation, resilience and peacebuilding, and climate change. The most recent contribution from the UK's International Biological Security Programme will bolster a key area of FAO's work, helping to prevent, detect and manage plant pests that have the potential to move quickly and easily across borders and cause significant economic and environmental damage.  

“We applaud the support of the United Kingdom of Great Britain and Northern Ireland to strengthen phytosanitary systems across Africa,” said Alexander Jones, Director of FAO's Resource Mobilization Division. “As global travel and trade increase, improving the technical capacities of national plant protection organizations so that they are able to identify and respond to threats as they emerge is an investment whose impacts will be felt at a global level.” 

The United Kingdom has been a strong advocate for plant health throughout the years, lending support to various IPPC initiatives such as the International Year of Plant Health, the first International Plant Health Conference, the IPPC ePhyto Solution, and assessment and management of climate change impacts on plant health. The United Kingdom is also closely engaged in the development and implementation of the International Standards for Phytosanitary Measures (ISPMs), which provide the basis for countries to make national legislation, guidelines, and measures to protect their plant resources from pests.  

Distributed by APO Group on behalf of FAO Regional Office for Africa.

Read moreSupport From the United Kingdom Enables Food and Agriculture Organization of the United Nations (FAO) to Scale up Pest Monitoring and Improve Food Security in Africa
19 March 2025

SA gears up for Water Investment Summit

Location: News

SA gears up for Water Investment Summit

Water and Sanitation Minister Pemmy Majodina is set to host the preparatory meeting for the African Union-Africa Water Investment Programme (AU-AIP) Water Investment Summit 2025.

The meeting is scheduled to take place on the sidelines of the International Water Association (IWA) Congress, currently underway in Cape Town.

The department said the preparatory meeting, to take place on Thursday, is a critical step towards the AU-AIP Water Investment Summit, scheduled to take place at Cape Town in August.

“The summit aims to mobilise at least USD 30 billion annually for climate-resilient water and sanitation initiatives across Africa, aligning with South Africa’s G20 Presidency priorities on economic growth, climate sustainability, and enhanced financing for development,” the Department of Water and Sanitation (DWS) said on Wednesday.

The preparatory meeting will bring together key stakeholders, including government representatives, international development agencies, private sector investors, and civil society organisations, to refine the objectives, thematic areas, and expected outcomes of the summit scheduled for August.

“The meeting will also serve as a platform to consolidate bilateral partnerships and secure commitments. Additionally, it will ensure that the summit aligns with South Africa’s G20 Presidency goals and effectively contributes to water security and investment mobilisation in Africa,” the department said.

Among the delegates expected to participate at the summit, include:
•    Jakaya Kikwete, former President of the United Republic of Tanzania, chair of the Global Water Partnership Southern Africa (GWPSA), and co-chair of the Africa Water Investment Panel, which includes sitting and former Presidents and eminent leaders (President Cyril Ramaphosa of South Africa is also a member of the AIP Panel).
•   Arif Alkalali, General Supervisor of the General Directorate for Water Resources in the Ministry of Water, Environment, and Agriculture, Kingdom of Saudi Arabia.
•    Anxious Jongwe Masuka, Minister of Lands, Agriculture, Water, and Rural Resettlement, Zimbabwe.
•    Collins Nzovu, Minister of Water Development and Sanitation, Republic of Zambia.
•    Dr Cheikh Tidiane Dièye, Minister of Water and Sanitation, Republic of Senegal, and President of the African Ministers’ Council on Water (AMCOW). – SAnews.gov.za
 

GabiK
Wed, 03/19/2025 - 13:20

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18 March 2025

African Markets Digitalize Mining Licensing to Boost Investments

Location: Business

Energy Capital & Power
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African countries rich in minerals are accelerating the digitalization of their mining licensing processes to attract investment and maximize resource exploitation for economic growth. As part of this push, Zambia launched its Zambia Integrated Mining Information System last month, aiming to streamline the awarding of licenses. The digital platform is set to play a key role in attracting mining partners and help the country reach its goal of increasing copper production to 3.1 million metric tons by 2031. This launch follows a record-breaking $9.3 billion in mining investments in 2024 and a 79% increase in permits granted, reflecting growing global interest in Zambia's mining potential.

As African markets increasingly adopt digital solutions to simplify licensing procedures, African Mining Week will be at the forefront of this transformation, showcasing the vast potential of the continent's digitalized mining sector. The event will highlight lucrative investment opportunities across various markets, featuring numerous mining blocks being licensed by African nations.

South Africa, historically a major gold producer, plans to leverage its first digital mining licensing system to attract new investors and diversify its mining sector. Set for launch by June 2025, the system will improve the efficiency and transparency of the licensing process, reducing the time required to initiate new mining projects, including those for platinum group metals, according to Gwede Mantashe, South African Minister of Mineral Resources and Petroleum.

Tanzania is also streamlining its mining sector with a new licensing management system designed to maximize investments in lithium, graphite and rare earth minerals – commodities that are experiencing soaring global demand. According to Aziza Swedi, Acting Director of the Tanzania Mining Commission, the country has issued 54,626 mining licenses over a seven-year period through November 2024, with plans to expedite future licensing via its digital platform.

Rwanda has embraced digital transformation in its mining sector with the launch of the Inkomane Digital platform in October 2024. Companies such as Aterian have aligned their mineral trading operations with this tool. The platform connects mining companies, trading partners and regulatory bodies like the Rwanda Revenue Authority, enhancing compliance, workforce management, payroll generation and monitoring of mining activities. Similarly, Nigeria introduced its Mineral Resources Decision Support System in May 2024 to attract investors to its vast solid mineral reserves. The platform serves as a one-stop shop, offering easy access to geological and policy data while enabling investors to seamlessly apply for mining permits.

As more African nations integrate digital tools into their mining sectors, African Mining Week will spotlight the digitalization of mining operations across the continent. The event will feature discussions on new licensing systems and highlight the investment opportunities emerging as African nations unlock their mineral wealth.

African Mining Week 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.

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

Read moreAfrican Markets Digitalize Mining Licensing to Boost Investments
13 March 2025

Access Bank’s Africa Trade Conference Ignites New Era of Intra-Africa Commerce

Location: Business
Access Bank PLC

Access Bank PLC (www.AccessBankPLC.com) successfully hosted the inaugural Africa Trade Conference in Cape Town, South Africa, bringing together industry leaders, policymakers, and trade experts to drive solutions for accelerating intra-African trade and unlocking the continent's economic potential. The conference tackled critical challenges, including limited access to capital, market information gaps, trust deficits between trading partners, and the urgent need for modernised trade infrastructure.

Roosevelt Ogbonna, Managing Director/CEO of Access Bank, delivered the opening remarks, setting the tone for discussions by highlighting the critical barriers hindering trade across Africa. He emphasised the urgent need for financial sector collaboration to facilitate seamless access to capital and foster a business environment where African enterprises can scale and compete globally.

“We must invest in the initiatives that ensure that we can bring businesses together, forge trust, and create the connections necessary for trade. In doing so, we must stamp out the narrative that 'Made in Africa' is inferior to any product made anywhere else in the world. We must buy Africa, be proud to wear Africa, and invest in Africa because that is what the continent needs to leap forward into the next generation,” Ogbonna stated.

With Africa's population projected to surge to 2.5 billion by 2050 from 1.2 billion, the African Continental Free Trade Area (AfCFTA) stands as the most significant free trade initiative since the formation of the World Trade Organisation. By fostering economic integration, AfCFTA has the potential to reshape trade dynamics across the continent, creating a unified market that enhances industrialisation, boosts employment, and strengthens Africa's global competitiveness. Recognising this transformative opportunity, H.E. Wamkele K. Mene, Secretary-General of AfCFTA, emphasised the urgency of fully implementing the agreement to unlock its immense benefits.

"The AfCFTA is not just a trade agreement; it is an instrument for Africa's industrialisation and economic sovereignty. It is a tool that will enable us to break down historic trade barriers and build an Africa that is self-sufficient, competitive, and prosperous. But for this to happen, we must commit to operationalising the agreement fully, ensuring that businesses, particularly SMEs and women-led enterprises, have access to the information, capital, and platforms they need to thrive,” Mene stated.

Also, Kanayo Awani, Executive Vice President of Afreximbank, emphasised the importance of financing mechanisms that support African businesses in their expansion across borders. She reaffirmed Afreximbank's commitment to championing trade finance solutions and infrastructure investments that will unlock Africa's trade potential.

“At Afreximbank, we understand that trade finance is the lifeblood of economic development. Without it, businesses cannot scale, industries cannot innovate, and Africa cannot fully realise its trade potential. This is why we have developed instruments such as the Pan-African Payment and Settlement System (PAPSS) to facilitate seamless transactions across borders, reducing reliance on foreign currencies and strengthening intra-African trade,” Awani remarked.

The conference featured an insightful testimonial from Nathalie Louat, Global Director at the IFC/World Bank Group, who pointed out the pivotal role of trade finance in enabling cross-border transactions and supporting financial inclusion. She underscored the long-standing partnership between IFC and Access Bank in fostering Africa's economic resilience.

Several high-level panel discussions explored strategies to overcome trade barriers and enhance market access through innovative solutions. Experts from leading institutions, including Deutsche Bank, Traydstream, OWP Partners, Fiducia International, and more, examined how infrastructure improvements, digital solutions, and policy harmonisation could drive economic growth and boost intra-African trade.

Dr. Marc Auboin from the World Trade Organization (WTO) shared key insights on how digital transformation is reshaping Africa's supply chain landscape, creating efficiency and unlocking new global market opportunities. Tanya Dos Santos-Ford from GIBS Business School also led a session on sustainable trade practices, emphasising the need for environmentally responsible economic growth strategies.

The event culminated in an awards ceremony recognising outstanding contributions to intra-African trade and economic transformation. Tradepass Commodities Limited (Ghana), Chemaf International FZE (DR Congo), and Harvest Group of Companies (Zambia) were honoured for their impact on SMEs and women-led trade enterprises. Bulkstream Limited (Kenya) and Electricidade de Moçambique (Mozambique) received awards for advancing intra-African trade, while Tennant Metals South Africa Pty Ltd was recognised as an Emerging Leader in Trade.

The International Finance Corporation (IFC) was awarded the Climate Finance Leadership Award, while Afreximbank received the Champion of Intra-African Trade Award. The African Development Bank (AfDB) and Africa Finance Corporation (AFC) were celebrated for their roles in economic transformation and infrastructure finance, respectively. The prestigious African Icon Award was presented to IHS Group, Dangote Industries Limited, and MTN Group Limited for their significant contributions to Africa's economic progress.

As the conference ended, Seyi Kumapayi, Executive Director, African Subsidiaries at Access Bank, reaffirmed the institution's commitment to supporting trade finance, fostering regional integration, and championing policies that create an enabling environment for businesses across Africa.

For inquiries:

  • Olakunle Aderinokun 
    olakunle.aderinokun@theaccesscorporation.com

Distributed by APO Group on behalf of Access Bank PLC.

About Access Bank PLC:
Access Bank PLC, a wholly owned subsidiary of Access Holdings PLC, is a leading full-service commercial bank operating through a network of more than 700 branches and service outlets spanning three continents, 24 countries and over 60 million customers. The Bank employs over 28,000 people in its operations in Africa and Europe, with representative offices in China, Lebanon, India, and the UAE.

Access Bank's parent company, Access Holdings PLC, has been listed on the Nigerian Stock Exchange since 1998 (now Nigerian Exchange (NGX)). The Bank is a diversified financial institution which combines a strong retail customer franchise and digital platform with deep corporate banking expertise, proven risk management and capital management capabilities. The Bank services its various markets through three key business segments: Corporate and Investment Banking, Commercial Banking, and Retail Banking. The Bank has enjoyed what is Africa's most successful banking growth trajectory in the last 20 years, becoming one of the continent's largest retail banks.

As part of its continued growth strategy, Access Bank is focused on mainstreaming sustainable business practices into its operations. The Bank strives to deliver sustainable economic growth that is profitable, environmentally responsible, and socially relevant, helping customers to access more and achieve their dreams.

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