Ressources Magazine. African commodity economics news

THE ECONOMIC MAGAZINE OF NATURAL RESOURCES IN AFRICA

LATEST ARTICLES

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.

Read »

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.

Read »

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.

Read »

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.

Read »

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.

Read »

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.

Read »

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.

Read »

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.

Read »

Gold should remain strong in 2021, according to the World Gold Council

Marked by uncertainty due to the Covid-19 pandemic, the year 2021 should confirm the yellow metal’s status as a safe haven, according to the World Gold Council (WGC).

Read »

TCX, the fund that shields emerging countries against currency risk

Badly hit by the economic crisis caused by the Covid-19 pandemic, several African countries have seen their currencies depreciate over the past year. This unfavorable situation is a reminder, if need be, that the continent’s currencies are often vulnerable to external shocks. However, there are solutions, such as the exchange rate hedges offered by the Dutch development fund TCX, a financial vehicle designed to combat currency volatility in emerging countries. For Ressources, Isabelle Lessedjina, Senior Vice President at TCX, explains the concept of the fund as well as its ambitions for Africa.

Read »

Joanne Lebert, Executive Director of Impact: « Mining smuggling is more omnipresent than ever in the DRC ». »

Driven by a high price, African gold has never been in greater demand. A favorable situation that nevertheless contributes to reinforcing the illicit trade, denounces the Canadian NGO Impact, active on issues related to the governance of natural resources.

Read »