NIGERIA - Nigeria is now on the path to consolidating the previous reform efforts aimed at providing a transparent and workable regulatory and policy environment for private sector led mining that is attractive to local and international investors.
ZIMBABWE - Zimbabwe's largest platinum producer, Zimplats, said it has reduced its expenditure on capital projects in the country due to deteriorating economic conditions compounded by a biting liquidity and cash crisis.
SOUTH AFRICA - There was no shareholder on earth willing to pump in billions of rand to upgrade ageing oil refineries in exchange for no return on investment, South African Petroleum Industry Association (Sapia) chairman Maurice Radebe has warned.
GHANA - Government has reached an agreement with some local banks to restructure legacy debts of State Owned Enterprises (SOEs) in the energy sector.
NIGERIA - The federal government has said that it will provide incentives to investors who are willing to invest in oil and gas exploration in Nigeria’s frontier basins.
UGANDA - Uganda granted on Tuesday five production licences to UK-listed explorer Tullow Oil and three to France's Total, clearing a major hurdle as the east African country aims to move more quickly towards crude production.
NIGERIA - The acting Managing Director, Bank of Industry (BoI), Mr. Washed Olagunju wednesday pledged to increase funding support for the mining sector.
UGANDA - Access Solar Uganda Limited, one of the four companies lined to supply that national electricity grid with solar power, will start operating in the course of this month.
KENYA - A longstanding dispute between seven foreign gold mining companies and the Tanzanian government over payment of corporate tax has been settled, with the companies now agreeing to pay.