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
- Kenya: Visa disappears, barriers remain
- Senegal’s Debt: IMF Clarifies Key to Unlocking
- Daily news from African financial markets: BCEAO injects liquidity in Dakar; Safaricom control remains unchanged in Nairobi
- “Pan-Africanism yes, xenophobia no”: the message from lawyer NJ Ayuk
- BGFI Holding Corporation: successful bet, the offer of 80.558 billion CFA francs oversubscribed
- Dakar-Bamako Corridor: the southern route cannot bear Mali alone
- Facing African financial boundaries, Dangote’s IPO extended
- Daily African Financial Markets: Dangote IPO Extended
