Congo News
Will Congo’s new tin targets deliver? Drilling holds answer
New tin zones point to potential expansion beyond Kalayi’s existing drilling footprint Investors await drilling and an updated resource estimate to test that promise KINSHASA, CONGO – Rome Resources has identified new tin targets at Kalayi, potentially expanding the scale of its exploration story in one of Africa’s most mineral-rich countries.
Why does oil-rich Central Africa pay 13.7% to borrow?
Central African sovereigns paid yields as high as 13.7% despite oil wealth. War-hit DR Congo borrowed more cheaply than its oil-exporting neighbours. LIBREVILLE, GABON – Central Africa’s oil exporters are paying some of emerging markets’ steepest borrowing costs, exposing weaknesses that resource wealth has failed to disguise.
Can BII’s $20m unlock Africa’s infrastructure investment future?
BII investment lifts Africa50 fund to $330m Capital targets energy, transport and digital infrastructure British International Investment (BII) has committed $20 million to the Africa50 Infrastructure Acceleration Fund, strengthening efforts to mobilise long-term capital for the infrastructure projects Africa urgently needs.
Can Alphamin Resources sustain Congo’s global tin boom?
Record profits strengthen Alphamin’s global tin market position. Rising costs and weaker ore threaten future supply. KINSHASA, CONGO – Record quarterly profits have cemented Alphamin Resources’ place in the global tin market, but rising costs and operational pressures are testing whether the momentum can endure.
Why is Congo becoming Visa’s global stablecoin testing ground?
Visa settles Congo mobile-money transactions using stablecoins Africa could become the proving ground for global digital payment infrastructure. KINSHASA, CONGO – Visa has begun settling mobile-money transactions in stablecoins in the Democratic Republic of Congo, signalling that Africa could become the testing ground for the payments giant’s global digital currency ambitions.
Can Ivanhoe turn Congo into copper’s new power centre?
Ivanhoe’s Congo copper output strengthens Africa’s market influence. Zinc, solar power and scale are reshaping mining risk. KINSHASA, DRC – Ivanhoe Mines’ Congo copper surge is turning quarterly production figures into a bigger test of Africa’s place in global mineral markets.
Is China’s grip on Africa’s mining sector beginning to loosen?
Global investors intensify competition for African minerals China remains dominant but no longer uncontested China remains Africa’s largest strategic mining partner, but its once unrivalled position is increasingly being challenged as Western governments, Australian explorers and Gulf investors intensify their race for the continent’s critical minerals.
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Kipushi enters ranks of world’s largest zinc producers Record output strengthens Africa’s commodity market influence KINSHASA, CONGO – A record month at Ivanhoe Mines’ Kipushi operation is doing more than boosting zinc production. It is raising a bigger question about whether Africa is finally gaining greater influence over global commodity markets.
Can Congo finally keep its diamond wealth at home and create value?
Congo launches diamond beneficiation joint venture. Project tests Africa’s industrialisation ambitions. KINSHASA, CONGO — The Democratic Republic of Congo has launched a new diamond-processing venture aimed at keeping more value from its vast mineral wealth at home, in a move that could reshape its role in the global diamond supply chain.