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Economy

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Fitch tightens liquidity and lowers Gabon’s rating further into junk due to skyrocketing debt
20 Dec
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Fitch tightens liquidity and lowers Gabon’s rating further into junk due to skyrocketing debt

Gabon’s long-term foreign-currency issuer default rating was reduced from “CCC” to “CCC-”
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EU Leaders Consider Loaning Frozen Russian Assets to Ukraine at Important Brussels Summit
19 Dec
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EU Leaders Consider Loaning Frozen Russian Assets to Ukraine at Important Brussels Summit

EU leaders gather in Brussels to discuss whether to lend Ukraine frozen
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Large-scale layoffs overshadow Simandou mega mine in Guinea when production increases
19 Dec
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Large-scale layoffs overshadow Simandou mega mine in Guinea when production increases

Guinea’s Simandou mega mining project, touted by the military government as a
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Barrick Mining has officially taken back operational control of the Mali mine, as indicated in a recent memo
19 Dec
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Barrick Mining has officially taken back operational control of the Mali mine, as indicated in a recent memo

Canada’s Barrick Mining has formally taken back operational control of its gold
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Modi Reaffirms India’s Dedication to Enhancing Relations with Ethiopia During Visit to Addis Ababa
18 Dec
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Modi Reaffirms India’s Dedication to Enhancing Relations with Ethiopia During Visit to Addis Ababa

India’s Prime Minister Narendra Modi has arrived in Addis Ababa for a
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EU loosens its 2035 ban on gasoline and diesel cars, permitting 10% of combustion vehicles
18 Dec
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EU loosens its 2035 ban on gasoline and diesel cars, permitting 10% of combustion vehicles

The European Union has proposed a target of 90 percent zero emissions,
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Warner Bros. Discovery Will Turn Down Paramount Skydance’s $108 billion Takeover Offer
18 Dec
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Warner Bros. Discovery Will Turn Down Paramount Skydance’s $108 billion Takeover Offer

Warner Bros. is reportedly advising investors to turn down Paramount’s bid due
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Elon Musk makes history as net worth reaches $638 billion
17 Dec
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Elon Musk makes history as net worth reaches $638 billion

Elon Musk has increased the wealth gap between himself and other global
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Miners in Ivory Coast begin to pay increased royalties following unsuccessful opposition, according to sources
17 Dec
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Miners in Ivory Coast begin to pay increased royalties following unsuccessful opposition, according to sources

Gold mining companies in Ivory Coast have started to pay a new
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Starlink and Airtel Africa collaborate to introduce direct-to-cell service in 14 markets
17 Dec
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Starlink and Airtel Africa collaborate to introduce direct-to-cell service in 14 markets

All 14 of Airtel Africa’s markets will now have access to Starlink’s
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