Ritchie Bros. is rolling out Super September 2025 – a month filled with high-volume auctions designed to match the surge in international demand for used machinery and trucks. With over 10 major events taking place across Europe, the Middle East, and Australia, it’s a key moment for businesses to buyContinue Reading
Namibia Targets 7% Growth to Regain Upper-Middle-Income Status with Green Hydrogen and Regional Energy Alliance Under the leadership of its first female president, Netumbo Nandi-Ndaitwah, Namibia is laying out an ambitious roadmap to restore its upper-middle-income status after a recent downgrade by the World Bank. The downgrade, prompted by fiscalContinue Reading
Canadian mining firm First Quantum Minerals is evaluating a gold pre-payment or streaming deal tied to its Zambian operations as a way to strengthen its balance sheet, Chief Financial Officer Ryan MacWilliam told analysts on Thursday. The move comes as the company seeks alternative funding avenues beyond a minority stakeContinue Reading
LUANDA, Angola, July 24, 2025/APO Group/ — Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has closed and disbursed €75 million of an €85 million sovereign facility to Government of Angola, through the Ministry of Finance, to support the construction of 186 priority bridges and critical upgradesContinue Reading
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an agreement to avail a US$75-million five-year cross-currency swap to the Central Bank of The Gambia (CBG) for the financing of strategic projects undertaken in The Gambia by the Government, through the National Roads Authority (NRA). The agreement, signed in Abuja, Nigeria, asContinue Reading
SKF Tunisia, a well-established provider of predictive maintenance solutions, bearings and maintenance tools to the country’s industrial sector for over a decade, recently presented its condition monitoring (CoMo) systems at the newly launched national mechanical training school. Located within the University Campus of El Manar, in Tunis, the institution recognizedContinue Reading
Syensqo and cylib have reached a significant milestone in circular battery materials processing by producing high-purity lithium hydroxide from spent EV batteries. This collaboration marks a major advancement in the recovery of valuable materials, as very few recycling companies today can produce lithium at battery-grade, especially lithium hydroxide, the preferredContinue Reading
Konkola Copper Mines (KCM) Plc has launched a transformative underground rail rehabilitation project at its flagship Konkola mine in Chililabombwe, Zambia. The initiative aims to more than double the mine’s copper ore transport capacity—an essential step in accelerating production growth and unlocking the full potential of one of the richestContinue Reading
Komatsu, working in collaboration with Boliden, has commissioned and begun field trials for the first diesel trolley truck in its innovative Power Agnostic (PA) series. The Komatsu Power Agnostic 930E truck started operating at Boliden’s Aitik mine in Gallivare, Sweden, representing a major milestone in advancing the decarbonization of surfaceContinue Reading
The Democratic Republic of Congo (DRC) has taken a decisive step toward modernizing its mining sector through advanced technology. Through the National Geological Survey of Congo (SGNC) it signed a memorandum of understanding (MoU) with Solafune, Inc., a Japanese technology firm specializing in satellite data and artificial intelligence (AI). TheContinue Reading
