Ressources Magazine. African commodity economics news


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Morocco’s energy transition tested by the flexibility of the electricity grid

With exceptional wind and solar resources and an advantageous geostrategic position between Europe and Africa, Morocco is in an ideal position to make renewable energy a powerful driver of its economy. However, the massive increase in the share of intermittent green energy in its energy mix is also creating a

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Barrick Gold confirms the good health of its African assets

The Canadian mining giant confirmed, in its latest quarterly activity report, the rise of its African assets, which now represent a third of its global gold production and more than half of its copper volumes.

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Botswana announces the discovery of the 3rd largest diamond in the world

Debswana announced on Wednesday June 16 the discovery of a 1,098-carat stone, which would make it the third largest known diamond in the world.

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Côte d’Ivoire: the energy crisis threatens the cocoa industry

Barely recovered from the negative effects of the economic crisis and the restrictions imposed by the multinationals, the cocoa industry is once again facing an umpteenth challenge, power outages.

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The DRC wants to review its mining contracts

Visiting the town of Kolwezi, the mining eldorado of Katanga, on May 13, the President of the Democratic Republic of Congo (DRC), Felix Tshisekedi, strongly criticized mining operators.

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Gold: Canadian Fortuna enters West Africa with the acquisition of its compatriot Roxgold

In West Africa, consolidation in the gold sector continues. After the successive takeovers of the junior Semafo and Teranga Gold by the British Endeavour Mining, it is now the turn of the Fortuna Silver Mines group to acquire its Canadian compatriot Roxgold, which is present in the sub-region.

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Fertilizer: West African agricultural sector worried as input prices soar

The main source of activity in the subregion (60% of jobs) and at the heart of food security and national sovereignty issues the West African agricultural sector has been hit hard by the soaring prices of the main fertilizers.

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Renaissance Dam: the dialogue of the last chance?

In the battle over the Nile between Egypt, Sudan and Ethiopia, this may be the last chance for diplomacy and conciliation. The Congolese presidency announced on March 30 that Felix Tshisekedi will soon host a round of negotiations between Cairo, Khartoum and Addis Ababa over the Ethiopian Renaissance Dam.

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Banana: Côte d’Ivoire confirms its status as African leader

The Ivorian banana industry remains on a positive note despite the crisis, retaining its position as the leading African producer.

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Côte d’Ivoire: a cocoa industry at a crossroads

Engaged in a battle to impose more favorable compensation on local cocoa producers, Ivorian authorities must learn from their past failures, believes our columnist Micée Dare.

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Agriculture: South Africa posts record exports

Despite a sluggish global economy linked to the coronavirus pandemic, South Africa’s agricultural exports reached a record level in 2020.

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