Africa

The United Nations issued a warning about the escalating conflict in the Democratic Republic of Congo (DRC), with fears that the violence could spread across the region. What Happened: Volker Türk, the UN High Commissioner for Human Rights, addressed the Human Rights Council, calling for immediate...

On Thursday, Leading rough diamond producer De Beers revised its guidance, slashing the anticipated production by 31% from 30 million to 20 million—23 million carats. The firm has also slashed the 2026 plan by 18% as the diamond market continues to face challenges, including weaker demand from...

Gold has been one of the best-performing assets of 2025. The precious metal reached an intraday high of $2,882 per ounce as investors sought a haven amid geopolitical, economic, and supply-side factors. The escalating global trade war, particularly the tit-for-tat tariff exchange between the U.S....

Africa's gaming industry is exploding, and Microsoft Corp (NASDAQ:MSFT) might want to take notes. A new report from Carry1st and Newzoo shows the continent's gaming revenue hit $1.8 billion in 2024, surging 12.4% year-over-year, according to Techpoint Africa. But here's the kicker—90% of that...

B2Gold Corp (AMEX:BTG) announced its 2024 production of 804,778 gold ounces, aligning with the lower end of its revised guidance. For 2025, the company is targeting a notable increase, forecasting production between 970,000 to 1,06 million ounces. The Canadian firm expects higher-grade ore from the...

Barrick Gold Corp (NYSE:GOLD) warned about a potential suspension of operations at its Loulo-Gounkoto mining complex in Mali following the Malian government's decision to restrict gold shipments. The West African nation's ruling junta extended its export ban to include on-site gold stocks, which...

The Democratic Republic of Congo has filed criminal complaints against Apple (NASDAQ:AAPL), accusing the company of using conflict minerals. The complaints are filed against Apple's subsidiaries in France and Belgium, per a Reuters report. What happened? Lawyers representing the Congolese...

Barrick Gold Corp (NYSE:GOLD) has warned it may suspend operations in Mali if the government continues to block gold shipments from its Loulo-Gounkoto mining complex, one of its largest operational gold mines. Over the past months, the situation in Mali has escalated as the ruling military junta...

Mali's military junta has issued an arrest warrant for Barrick Gold (NYSE:GOLD) CEO Mark Bristow, further straining relationships with foreign mining companies. Reuters reported that the warrant accuses Bristow of money laundering and financial violations. Barrick, which operates the Loulo-Gounkoto...

Mali's military government is demanding a $162 million tax settlement from Australia's Resolute Mining (OTC:RMGGY) following the detention of its CEO, Terry Holohan, during a visit to the country. Holohan was detained in Bamako, Mali's capital, along with two colleagues after attending meetings...

Resolute Mining (OTC:RMGGY) CEO Terry Holohan, along with two other company executives have been detained by the military-led government in Mali. What Happened: The executives traveled to Bamako, Mali's capital, for meetings with local mining and tax authorities to address concerns over the company...

Mali's military government has warned that it may let Barrick Gold Corp's (NYSE:GOLD) Loulo mine concession expire in 2026, citing unresolved disputes over the division's economic benefits from the country's second-largest mine. Following allegations that Barrick failed to honor terms of the...

After a hurricane-related postponement, President Joe Biden will visit Angola in December, marking his first and last trip to the African continent in the final week of his tenure. Angola, a country with a complex history tied to the United States and its Cold War adversaries, is now at the...

Tech billionaire and philanthropist Bill Gates called for wealthier nations to boost their support for African countries, at the release of the Bill & Melinda Gates Foundation's annual Goalkeeper's report. What Happened: Gates highlighted that development funds are increasingly diverted to...

Chinese President Xi Jinping has pledged nearly $51 billion in funding to Africa at a grand banquet held for African leaders. However, Eswatini, Taiwan’s last remaining diplomatic ally in Africa, was notably absent from the event. What Happened: The Forum on China-Africa Cooperation, a...