Chinese mining giant China Molybdenum Co Ltd (CMOC) has announced an investment of $1.08 billion for the expansion of its KFM (Kisanfu) copper mine, located in the Democratic Republic of Congo (DRC). This initiative will add approximately 100,000 metric tons to the site’s annual production. According to the group, the second phase of the KFM…...
Trending
- Senegal: Ousmane Sonko is no longer Prime Minister
- Africa facing the development of “cryptocurrencies”
- Dividends 2025: Ivory Coast Electricity Company to allocate 13.104 billion CFA francs to its shareholders
- Interview with Martin Boguikouma, General Manager of the Gabon Ports and Harbors Office (OPRAG)
- Journal of the AfDB Annual Meetings: D-3
- Seynabou Dia Sall: “The more we train local skills, the more we will be able to control our contracts, resources and strategic interests”
- Mauritania: Central Bank tightens monetary policy in the face of returning inflationary pressures
- Kenya: Court suspends sale of 15% of Safaricom
DRC: Chinese mining giant CMOC injects $1.1 billion to expand its KFM copper mine
By Félix NZALÉ
Félix NZALÉ
Félix Nzalé is a Senegalese journalist with a deep passion for cultural issues. He led the "CULTURE" section of SUD QUOTIDIEN (SUD Communication Group) for 10 years. Holder of dual Master’s degrees in Sociology and Philosophy, he also holds a management diploma from the Institut Supérieur de Management (ISM) in Dakar. He has contributed to the development of editorial concepts for several newspapers in Dakar.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com