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Browsing: Mining in Africa
- Africa homes about 30 per cent of the world’s mineral reserves, including 40 per cent of the world’s gold, 60 per cent of its cobalt, and 80 per cent of the platinum group metals.
- Mineral resources are a critical source of revenue for Africa.
- The interest in renewable energies in the mining industry arises from the escalating energy demand within the sector.
Mining in Africa faces ongoing challenges due to environmental degradation and social conflicts with local communities. Deforestation, land degradation, and air pollution are persistent issues linked to mining activities. However, effective prevention and mitigation measures can alleviate these impacts.
Africa’s mineral wealth is staggering. The continent homes about 30 per cent of the world’s mineral reserves, including 40 per cent of the world’s gold, 60 per cent of its cobalt, and 80 per cent of the platinum group metals. The Democratic Republic of Congo (DRC), for instance, with …
- This is the first critical raw materials agreement between the European Investment Bank (EIB), the world’s largest international public bank, and an African partner.
- The collaboration aims to address the growing global demand for critical raw materials, including base metals, battery materials, and rare earths.
- EIB Global technical and financing teams will increase cooperation with critical raw material partners to explore new investment opportunities in Rwanda.
In a first of its kind in Africa, Rwanda has entered into a partnership with the European Investment Bank (EIB), aiming to enhance the country’s investments in the critical raw material supply chain and boost recycling.
Notably, this agreement marks the first critical raw materials collaboration between the European Investment Bank, the world’s largest international public bank, and an African country.
The alliance between the EIB and Rwanda signifies a collective effort to promote sustainable development, strengthen the country’s economic ties with Europe, and …
The mining industry in Tanzania holds a unique position as one of the most financially rewarding sectors, consistently generating foreign currency. Beyond its economic significance, this sector also wields considerable political influence within the nation. Therefore, a recent multi-million-dollar agreement forged with Australia and the US for the extraction and processing of critical minerals positions Tanzania advantageously as it prepares to participate in the forthcoming Critical Minerals Summit 2023.…
- The Mining Indaba Professional conference 2022 is set to take place from May 9th to May 12th in Cape Town, South Africa
- The Indaba Conference will take at the Cape Town International Convention Centre, where African countries will lure investment into the mining sector that has remained resilient during the pandemic
- US Department of State will travel to the Indaba Conference 2022 with a delegation to reset and mend relationships between African countries and the United States
The 2022 Mining Indaba Professional Conference
The Mining Indaba Professional conference 2022 is set to take place from May 9th to May 12th in Cape Town, South Africa. The Conference focuses on the mining and energy sectors in Africa, the steps that the countries have taken and the moves they are about to make.
This will be the first meeting in person since 2019 when COVID-19 measures halted cross-border travelling and mass congregation. …
