Three gold producers, including London-listed Endeavour Mining (EDV.L), have agreed to adopt Mali’s controversial new mining code, Malian government officials announced. Three gold producers in Mali have agreed to comply with the country’s revised mining code. The agreement involves Endeavour Mining, Faboula Gold, and Bagama Mining, reflecting a shift in the mining sector. Legal disputes…
Dangote Refinery has withdrawn its lawsuit against Nigeria’s petroleum regulator and several fuel importers, including the state-owned NNPC Ltd. Dangote Refinery has withdrawn a lawsuit against Nigeria’s petroleum regulator and fuel importers. The suit challenged the issuance of fuel import licenses by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). No reason was provided…
Income levels across African countries vary significantly, shaped by a complex mix of natural resource endowments, economic diversification, governance, and demographic pressures. Countries with the highest income levels tend to be those with relatively robust GDP figures, diversified economies, and sustained investment in sectors such as energy, finance, telecommunications, and tourism. Income levels in African…
The wealth of Africa’s richest individuals is once again making headlines, with new statistics revealing significant rises in a variety of industries, particularly food, cement, communications, and luxury goods. Africa’s richest individuals are experiencing significant wealth increases across various industries. Nigerian billionaire Abdul Samad Rabiu’s net worth rose to $6 billion in 2025 due to…
France’s posture and tone toward its military ties to West Africa have pivoted from unrelenting to resigned in the first seven months of 2025. This was underscored by a recent comment from a French official. He noted that the security infrastructure in West Africa is no longer a concern. France has shifted its military policy…
In a major geopolitical development, Niger has signed a nuclear cooperation agreement with Russia, marking the completion of a broader deal between Moscow and the three military-led governments of the Alliance of Sahel States (AES)—Burkina Faso, Mali, and Niger. Niger and Russia have signed a nuclear cooperation agreement to develop peaceful atomic energy infrastructure. The…
