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The time to invest in Africa is now!

Invest in Africa – this was the shared sentiment by dignitaries on the main stage on the first day of Investing in African Mining Indaba which took place at the Cape Town International Convention Centre (CTICC). After more than a two-year break due to Covid-19, delegates descended to attend the ...
South Africa Mokgweetsi Masisi Gwede Mantashe Hakainde Hichilema Africa Hakainde Department Of Mineral Resources

Europe looking to get a million tonnes of coal annually from Botswana, says President Masisi

Botswana has been inundated with inquiries to supply coal to Europe and estimates that demand from Western countries could top a million tonnes a year, President Mokgweetsi Masisi said on Tuesday, as the Ukraine war forces Europe to pivot more to Africa for energy resources. Since Russia invaded Ukraine at the end of February, Europe ...
South Africa Cape Town Western Cape France General Promit Mukherjee Mokgweetsi Masisi

Saudi Arabia's Ma'aden to increase production to tap into $1.3tr mineral reserves

RIYADH: Saudi state-owned mining company Ma'aden plans to increase production capacity and invest in exploration to tap into $1.3 trillion mineral reserves, the company CEO said. “Our focus is on increasing our production capabilities in value chains, and we will continue to invest in exploration, as the Kingdom's untapped mineral resources are estimated at $1.3 trillion,”
South Africa Saudi Arabia Cape Town Western Cape Ar Riya Saudi Green Initiative

President Ramaphosa raises many salient points, now let's see a detailed action plan

In his address to Mining Indaba, President Cyril Ramaphosa put his finger on many key issues to regenerate the SA mining industry, but the speech could have had more timelines and action plans to drive investors Ramaphosa, delivering the keynote address at the Mining Indaba in Cape Town on Tuesday, spoke well and highlighted several important issues that the country needs to address to grow the mining industry. Several of these points were raised in Webber Wentzel’s “wish list”...
South Africa United States South African Webber Wentzel Cyril Ramaphosa Fraser Institute

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