New equipment and investment make slow progress against endemic corruption and waiting charges.
Mine workers at AngloGold Ashanti's Sadiola and Yatela gold mines in Mali have postponed the start of a planned strike for a few days to allow negotiations over redundancy payouts, a union official said on Monday.
- Janet Shoko
The World Bank says Zimbabwe's mining industry has potential to attract $12 billion in investment over the next five years if the impoverished country gets $5 billion to recapitalise the sector.
- Tarek Amara TUNIS (Reuters)
Bahrain's Gulf Finance House (GFH) will start building a $3 billion financial park and real estate development north of Tunisia's capital, a project that had been suspended for five years, the Islamic investment bank said on Monday.
- Julien clémençot and Frédéric Maury
In December, France hosted the Elysée Summit for Peace and Security in Africa. Apart from seeking to combat violence in the region, the conference revealed France's clear pivot towards Africa, as the cabinet minister explained to The Africa Report.
- Lisa Twaronite and Shinichi Saoshiro TOKYO (Reuters)
Asian stocks rose on Friday, buoyed by Wall Street's gains the previous day, but investors remained cautious ahead of the U.S. nonfarm payrolls report later in the session.
Auto parts supplier Faurecia and German premium car maker Daimler AG downplayed the prospect of delivery bottlenecks for catalytic converters in the wake of a strike at the world's top platinum mines.
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- Glencore interested in buying Shell assets in Nigeria
- Kenya's market overhaul eyes Islamic finance framework
- Morocco's Attijariwafa Bank looks to boost Islamic finance
- Ecobank shareholders pass governance action plan, CEO stays
- Egyptian tycoon Sawiris to buy into German travel group FTI