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Gabon is expected to launch a national energy compact at the Africa Energy Forum in Cape Town this week, joining the World Bank Group and African Development Bank's Mission 300 initiative, which has connected over 50-million people to electricity across 40 countries since 2024. The initiative aims to reach 300-million people by 2030 through country-led plans to strengthen energy systems, expand affordable power generation and increase private sector participation.
Gabon seeks IMF loan and audits public debt amid fiscal pressuresGabon has formally requested a programme from the International Monetary Fund to help stabilise its finances and has signed an additional $150-million deal with the World Bank, bringing the institution's total commitment to $600-million. Global commodities trader Trafigura has signed a $1-billion pre-payment deal with Gabon to receive crude deliveries over seven years, as the oil-producing nation seeks to tighten public finances and secure fresh funding for basic infrastructure.
Gabon Updates
The World Bank Group and the African Development Bank (AfDB) have announced that their joint initiative Mission 300 has connected over 50-million people to electricity across 40 countries – a major...
Diversified metals miner Eramet has appointed Simon Henochsberg to succeed Abel Martins as group CFO and has announced the partial restart of mineral sands processing at its Grande Côte operation,...
Global commodities trader Trafigura is among three companies vying for a 36.36% stake in South African petrochemical company Sasol’s Natref refinery, two sources with knowledge of the matter told...
As British historian John Dalberg-Acton famously observed in the nineteenth century, power tends to corrupt, and absolute power corrupts absolutely. This warning feels apt in relation to...
TSX-V-listed Millennial Potash Corporation has completed a milestone payment to to the vendors of the Banio potash project, in Gabon, which earned Millennial an additional 10% interest in...
The emergence of Guinea's Simandou as a large-scale, high-grade iron-ore supplier marks a significant change in the global seaborne iron-ore market. According to consultancy Wood Mackenzie...
By: Vivien Chaplin - Director and Gaby Wesson, Associate in the Corporate & Commercial practice at Cliffe Dekker Hofmeyr At the Government’s inaugural transport conference in Johannesburg which...
The global representative body for the airline industry, the International Air Transport Association (IATA), has highlighted that its next Focus Africa Conference will again be hosted by Ethiopian...
South Africa is at a pivotal juncture. It can choose to remain a supplier of raw commodities that enrich other countries or become a global leader in mineral‑based industries, says globally rated...
A financing instrument often referred to, regarding green development and conservation, is the debt-for-nature swap. But what is a debt-for-nature swap? This was the topic for a panel discussion on...
Global mining equipment supplier TAKRAF is positioning collaboration, innovation and full-flowsheet capability at the centre of its African growth strategy, TAKRAF South Africa MD Richard Späth...
Gabon's mining minister said on Wednesday that energy shortages will not be accepted as justification for missing the country's 2029 ban on raw manganese exports, dismissing industry warnings that...
The African Development Bank (AfDB) has launched the next stage of the Mission 300 initiative, which is a joint AfDB-World Bank programme to connect 300-million Africans with electricity by 2030....
Reflecting on 2026 and what is likely to be one of the most momentous years in geopolitics for close to a century, it is hard to grasp all the implications for the world and for Africa. The first...
Australian miner Fortescue has delivered record first-half iron-ore shipments of just over 100-million tonnes in the 2026 financial year, underpinned by strong operational performance, disciplined...
London-listed mining services provider Capital says it delivered a strong finish to the year ended December 31, 2025, with full-year revenue having been at the upper end of revised and raised...
TSX-V listed Millennial Potash has announced that it has initiated a definitive feasibility study (DFS) at its Banio potash project, in Gabon. The company has engaged ERCOSPLAN...
Canadian resource company Millennial Potash Corp has initiated the environmental- and social-impact assessment (ESIA) for its Banio potash project, in Gabon. In a media release, the company says it...
Eramet aims to deliver more manganese from Gabon and lithium from Argentina as part of efforts to strengthen its finances, which have been hit by falling profits and rising debt, the French mining...
The International Mining Congress of Morocco (IMC 2025) closed its second day of high-level discussions with strong commitments to advancing African industrial sovereignty, strengthening ESG...
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