Latest news with #AfricanMiningWeek


Zawya
11 hours ago
- Business
- Zawya
UAE, DRC deepen mining investment cooperation ahead of African Mining Week 2025
CAPE TOWN, South Africa -- Mining and investment cooperation between the United Arab Emirates (UAE) and the Democratic Republic of Congo (DRC) intensified in 2025 with the signing of several agreements. As the world's leading cobalt producer - responsible for over 70% of global output -, a leading tin producer and Africa's top copper producer, the DRC's mining value chain is presenting increasingly attractive and strategic investment opportunities for UAE investors. As the DRC seeks to leverage UAE investments to unlock its $24 trillion-worth of mineral potential, the upcoming African Mining Week (AMW) 2025 will serve as a vital platform for strengthening UAE-DRC partnerships. The event will feature a dedicated Middle East-Africa Roundtable, featuring high-level panel discussions and project showcases, providing UAE investors the opportunity to connect with DRC policymakers and mining stakeholders. With growing global demand for energy transition and fourth industrial revolution minerals, the UAE is actively expanding its footprint in the DRC to secure mineral supply chains. UAE Investments in DRC Mining Congolese mining company Buenassa partnered with UAE-based NG9 Holding to develop the DRC's first integrated copper-cobalt refinery in mid-July. The facility is set to produce 30,000 tons of copper cathodes and 5,000 tons of cobalt sulphate annually, supporting the DRC's push for local beneficiation and value addition in its mining sector. In June 2025, Abu Dhabi's International Resources Holding (IRH) announced a $366 million acquisition of a majority stake in mining firm Alphamin Resources. The deal provides IRH with access to the DRC's Bisie Tin Complex - one of the world's largest and highest-grade tin deposits, responsible for 6% of global supply. IRH's investment in the project is expected to reinforce the DRC's role in the global tin market, with demand projected to grow by 20% by 2035. At AMW, a panel titled Cobalt Opportunity: DRC's Strategic Position in the EV Revolution, will connect UAE investors with opportunities in the DRC's expanding critical mineral sector. Beyond mining, UAE investments are also bolstering the DRC's energy infrastructure. NG9 Holding also signed a deal with Congolese energy company Kipay Energy to develop a 46 MW hydropower facility in Haut-Katanga, which will contribute to a total of 166 MW of electricity - helping to secure stable power supply for mining operations in the region. As UAE interest in the DRC's mining and energy sectors continues to grow, AMW will catalyze new partnerships, investments and deal signings that will further integrate the two nations' strategic interests in mineral development. Distributed by APO Group on behalf of Energy Capital & Power. About African Mining Week: African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ SOURCE: Energy Capital & Power

Zawya
5 days ago
- Business
- Zawya
Africa Finance Corporation (AFC) Fuels Africa's Mining Ambitions as Silver Sponsor of African Mining Week (AMW) 2025
Africa Finance Corporation (AFC), a leading multilateral finance institution, has joined the upcoming African Mining Week (AMW) 2025 as a Silver Sponsor. Held under the theme, From Extraction to Beneficiation: Unlocking Africa's Mineral Wealth, AMW offers a strategic platform for AFC to engage with African and global mining stakeholders to advance the continent's mineral development agenda. As part of the conference program, AFC will feature in a dedicated finance panel: 'The Investor Perspective – Financing Africa's Mineral Industrialization.' The session will explore how tailored financing solutions can drive local beneficiation, industrialization and inclusive economic growth across Africa's mining value chains. AMW serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ . The AFC's involvement in AMW 2025 comes at a time of expanded capital mobilization efforts. In June 2025, the Corporation secured a €250 million, 10-year loan from Italy's Cassa Depositi e Prestiti to catalyze Italian investment in African mining and energy infrastructure projects – particularly the strategic Lobito Corridor, enhancing mineral transport between Angola, Zambia and the Democratic Republic of Congo. This initiative complements a proposed €320 million EU financing package supporting the same corridor. In February 2025, the European Investment Bank committed $750 million to AFC's Climate Resilient Infrastructure Fund, targeting climate-focused projects including energy transition metals and sustainable logistics infrastructure. The same month, AFC also secured a $400 million Shariah-compliant facility from Islamic financiers, following a $500 million hybrid bond issuance in January and a $30 million equity investment from the African Development Bank in December 2024. AFC's capital base has also grown with a $184.8 million equity injection from Angola, reflecting the country's continued collaboration with AFC following over $1 billion in investments in mining, energy and transport. Meanwhile, a €100 million loan extended to construction group Mota–Engil is enabling the execution of three major gold mining contracts in Ivory Coast and Mali – Africa's second- and third-largest gold producers. Against this backdrop, AMW 2025 provides a timely opportunity for the AFC to showcase its financing strategy, highlight its role in advancing Africa's mineral beneficiation and connect with mining ventures in search of capital. Distributed by APO Group on behalf of Energy Capital&Power.

Zawya
21-07-2025
- Business
- Zawya
The U.S. International Development Finance Corporation (DFC) Strengthens United States (US)-Africa Critical Mineral Ties Ahead of African Mining Week (AMW) 2025
The U.S. International Development Finance Corporation (DFC) approved two new investments for critical minerals projects in sub-Saharan Africa this month. The funding aims to accelerate economic development across the region while reinforcing US supply chains for minerals essential to the country's defense, energy, security and advanced technology sectors. The investments will also drive infrastructure expansion, boost employment and increase export revenues for the African markets. The announcement comes ahead of the upcoming African Mining Week (AMW) conference – Africa's premier gathering for mining stakeholders. The event will showcase the role being played by U.S. institutions such as the DFC in enhancing US-Africa ties in mining and investment. AMW will feature a dedicated US-Africa Roundtable, connecting U.S. policymakers and institutional investors with African governments, project developers and stakeholders for partnership formation, deal signing and policy alignment. AMW serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ In the last two years, the DFC has been advancing US–Africa mining collaboration through a growing portfolio of investments, loans and technical assistance grants. Among these is the DFC's $5 million funding package for Blencowe Resources, aimed at developing the Orom-Cross graphite project in Uganda. In July 2025, Blencowe received a $750,000 tranche as part of this commitment, following an earlier $500,000 disbursement in May. The final $250,000 payment will support the project's definitive feasibility study. With a JORC Indicated and Inferred Resource of 24.5 million tons at 6.0% total graphite content, Orom-Cross is expected to operate for 21 years, contributing to Uganda's economic transformation and in meeting growing global demand for battery-grade graphite. Other recent DFC commitments include a $553 million loan for the Lobito Corridor, a project aimed at improving mineral transportation for Angola, Zambia and the Democratic Republic of Congo. The DFC also approved a $3.4 million technical assistance grant for the Longonjo Rare Earths Project in Angola, a $50 million equity investment in the Phalaborwa Rare Earths Project in South Africa and a $3.2 million grant for Chillerton's green copper mining project in Kakosa, Zambia. In Tanzania, the DFC is also backing Kabanga Nickel Limited with a loan to support the development of one of Africa's most significant nickel sulphide deposits. With this growing investment footprint, the DFC continues to position itself as a key partner in unlocking Africa's mineral potential while advancing US strategic interests. AMW 2025 will serve as a powerful platform to build on this momentum, facilitating collaboration, catalyzing new investments and reinforcing US-Africa partnerships in mineral development. Distributed by APO Group on behalf of Energy Capital&Power.

Zawya
18-07-2025
- Business
- Zawya
African Special Mining Report Launches Ahead of the African Mining Week (AMW) 2025
Energy Capital&Power (ECP) ( in partnership with global accounting, audit and advisory network Moore Global, is proud to launch the African Special Mining Report 2025, a definitive analysis of Africa's mining landscape released in support of African Mining Week (AMW). As the world accelerates toward a low-carbon, high-tech future, Africa is emerging as a critical player in global mineral supply chains. This timely publication captures the continent's rising profile as a destination for strategic mineral investment – from copper and cobalt to lithium, gold, graphite and iron ore – while providing deep, actionable insight into the trends, policy shifts and financing structures shaping the future of mining across Africa. Produced as an official knowledge product of AMW 2025, the report connects directly to the platform's mission of driving capital, partnerships and industrial development across Africa's mining value chain. With extensive contributions from Moore Global's energy, mining and renewables experts, the report draws on decades of experience advising clients in Africa and globally, offering forward-looking perspectives on ESG compliance, climate finance, regulatory reform and capital mobilization for mining ventures. The report explores Africa's renewed strategic importance in global mineral supply chains, spotlighting developments such as the copper resurgence in Zambia and the DRC, the return of private equity to the continent's mining sector and the persistent logistics challenges impacting offtake reliability. It also examines how ESG metrics are increasingly being monetized, how climate finance is reshaping the feasibility of mining projects and how the integration of renewables is redefining operational best practices. Alongside these forward-looking insights, the report provides a clear-eyed view of the regulatory landscape, analyzing sovereign policy shifts, beneficiation mandates and the evolving capital environment for both junior and major mining companies. 'This report is about more than trends – it's about where the African mining sector is headed, who is driving the shift and how the global investment landscape is responding. It also underscores AMW's unique role in anchoring high-level dialogue and dealmaking around these developments. We're proud to partner with Moore Global to deliver a resource that informs, challenges and empowers decision-makers across the mining ecosystem,' stated Rachelle Kasongo, AMW Conference Director. The African Special Mining Report 2025 is now available digitally ( Distributed by APO Group on behalf of Energy Capital&Power. For media inquiries, interview requests or report access, please contact: communications@

Zawya
15-07-2025
- Business
- Zawya
Implats' Emma Townshend to Speak at African Mining Week (AMW) Amidst Platinum Group Metals (PGMs) Market Sustainability Drive
Emma Townshend, Executive: Corporate Affairs at South African mining company Implats, has confirmed her participation as a speaker at the upcoming African Mining Week (AMW) 2025, Africa's premier event for mining stakeholders. Townshend will contribute to a high-level panel discussion titled South Africa's Strategic Influence in the Global Platinum Group Metals (PGMs) Market, showcasing Implats' role in maintaining South Africa's dominance in PGMs. African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ Townshend's AMW participation comes at a time when Implats is strengthening its operations to support long-term growth. In July 2025, the company announced the consolidation of its Impala Platinum and Impala Bafokeng Resources ( operations in South Africa. This strategic realignment is aimed at mitigating the effects of PGM price volatility, improving operational efficiency and securing sustainable revenue for both Implats and the broader South African economy, which accounts for approximately 80% of global PGM output. The company also has an ongoing capital investment program ( designed to increase production capacity, extend life-of-mines and enhance local beneficiation. Key projects include a R460 million initiative at Impala Bafokeng to counter declining production. The firm is undertaking over $387 million in upgrades to tailings and smelting infrastructure at Zimplats in Zimbabwe. The development of the Mupani Mine in Zimbabwe is expected to increase the company's annual platinum ore output by 2.2 million tons in 2026 and 3.6 million tons by 2029. Additionally, a R500 million expansion at the Springs Base-Metal Refinery in South Africa aims to strengthen the company's processing capabilities and operational resilience. At AMW, sustainability will also be a major focus of Townshend's remarks. Implats has set an ambitious target to reduce its carbon emissions by 30% by 2030. As part of this effort, the company signed a five-year power purchase agreement (PPA) ( with Discovery Green in January 2025 for the provision of 130,000 MWh of renewable electricity annually to its Springs refinery. The agreement is expected to meet 90% of the refinery's power needs from 2026, cutting approximately 170,000 tons of greenhouse gas emissions annually. The company is also expanding its renewable footprint with an additional 45 MW solar power plant at Zimplats, complementing the 35 MW facility commissioned at its Selous metallurgical complex in 2024. In addition to showcasing operational and environmental initiatives, AMW represents an ideal platform for Townsend to spotlight Implats' leadership in promoting gender inclusivity in the mining sector. The company has already achieved its 2026 goal of 29% female representation in management and continues to integrate gender equality into its broader growth strategy. Distributed by APO Group on behalf of Energy Capital&Power.