A feasibility study was recently completed on the Kobada Gold Project in the West African nation of Mali. The study revealed 511,000 ounces of gold within two oxide open pits at the site as well as a proved and probable reserve of 12.7 million tons, capacity for gold production exceeding 50,000 ounces each year and average cash costs of $557 per ounce of gold produced. Read More »

A recent conference hosted by the government of Ghana, International Monetary Fund (IMF) and the United Kingdom Department for International Development in Accra, Ghana, saw macroeconomic policymakers from more than 40 African nations gather. The conference was also attended by officials from educational and financial institutions and a variety of international organizations. Read More »

Culminating six decades of Nigerian investment, Coca-Cola expanded further into dairy and juice products in West Africa with an initial share purchase in Chi Ltd. As the holding company of Chi Ltd., Coca-Cola entered into an agreement to acquire an initial minority shareholding of 40 percent in Chi Ltd., establishing a solid partnership to deliver Nigeria's beverages. Read More »

With a goal of helping farmers throughout the continent of Africa mechanize their operations, representatives from U.S. farm equipment company AGCO are attending the 10th Biennial U.S.-Africa Business Summit in Addis Ababa, Ethiopia. The package is built around Massey Ferguson's MF Series tractors and has been developed with farmers new to mechanization in mind. Read More »

The AUC honored professor Tebello Nyokong and professor Opara Umezurike with the Kwame Nkrumah Continental Scientific Awards. The awards are dedicated to three different levels: regional, national and continental. The purpose is to recognize the African men and women who are involved in science and who stand out because of their training and research contributions to develop Africa. Read More »

FAO officials intend to invest resources that guarantee women's rights to land and similar productive resources. As part of the 2016 African Year of Human Rights action plans, the agricultural and agro-processing initiatives are meant to increase food production and generate added wealth to help family farmers. It will also minimize and prevent waste and loss of food. Read More »

Kosmos Energy of Dallas, Texas, announced a significant gas discovery from one of its exploration areas offshore in Senegal Wednesday. The discovery site is in about 2,700 meters of water. Guembeul-1 was drilled to about 5,245 meters. The site has been found to have reservoir continuity and static pressure communication indicative of a single, large gas accumulation. Read More »

The African Union elected Idriss Deby Itno as their new chairperson Saturday. President Itno is the successor to Robert Gabriel Mugabe, president of the Republic of Zimbabwe. In his new position, Itno will hold the position for 2016. Of his service, President Mugabe said, "It was an honour to guide our organisation to implement its vision of the 'Africa We Want.'" Read More »

The African Union appointed development finance expert Dr. Donald Kaberuka high representative of the African Union Peace Fund. Read More »

Officials from U.S. government agencies, African governments and private companies gathered in Washington, D.C., Thursday for the Powering Africa Summit. Read More »

Commissioner for Trade and Industry of the African Union Commission Fatima Haram Acyl held a press conference at the 26th African Union Summit of Heads of State and Government to discuss the role of industry and trade in Africa's development. Acyl described the need for industrialization in Africa as urgent and necessary in order to help the continent reach the goals of the AU. Read More »

The AUC's Administration and Human Resources Management Directorate announced a new initiative Thursday meant to raise professional competency and leadership skills across Africa. The African Union Leadership Academy will help train African leaders in workplace development, capacity building, project management, effective policy design and other nuances of leadership. Read More »

Executives from Transfast will address conference-goers at the 6th Annual Remittance and Mobile Money Expo in Lagos, Nigeria, Tuesday and Wednesday. Transfast specializes in facilitating cross-border, multi-currency payments using a network of nearly 600 banks in 23 countries across Africa. African customers can receive direct transfers from America or Canada. Read More »

The United Nations High Commissioner for Refugees (UNHCR), along with its partners, is seeking $545 million to help those fleeing conflicts in Nigeria and the Central African Republic (CAR). Liz Ahua, UNHCR's regional refugee coordinator for Nigeria and CAR, said both areas are facing violence on a daily basis, including incidences of suicide attacks and indiscriminate killings. Read More »

Cummins has entered into a deal that gives BIA the rights to distribute its engines, generators and filtration units throughout numerous countries in Africa. Under the agreement, the Belgium-based company is now the official distributor of Cummins industrial engines and generators in Benin, Burkina Faso, Cameroon, Chad, the Congo, the DRC, the Central African Republican and Togo. Read More »

Human rights in Africa was the focus at the African Union (AU) Executive Council's 28th Ordinary Session Wednesday. Discussions focused on human rights in relation to the Agenda 2063 framework, with a special focus on women's rights. The AU is also operating an overarching theme "2016: African Year of Human Rights with Particular Focus on the Rights of Women." Read More »

A high-tech teaching regimen developed by the New Jersey Center for Teaching and Learning (CTL) is helping students in Gambia perform better on standardized tests. Since 2012, CTL has been working with the Gambia MoBSE to see if a program that successfully improved student performance in math and science in New Jersey would have the same impact on students in West Africa. Read More »

Pope Francis and Faure Essozimna Gnassingbe recently met to establish as well as maintain security and peace in Sub-Saharan Africa. The meeting included Archbishop Paul Richard Gallagher, Cardinal Secretary of State Pietro Parolin and the secretary for Relations with States. The world leaders agreed that there are currently good relations between Togo and the Holy See. Read More »

Sage gathered more than 700 of its business partners together for its first Business Partner Conference in South Africa Wednesday. Taking a significant step forward in becoming a worldwide market leader for uniting payroll, accounting and payment systems, the conference included a variety of presentations from Sage CEO Stephen Kelly and Safe International President Ivan Epstein. Read More »

African Union (AU) Commission Chairperson Dr. Nkosazana Dlamini Zuma and Egypt's SOBEK Trade and Investment Chairperson Manal Abdel Moneim signed a Memorandum of Understanding Jan. 19. The MOU is for the development of a Pan-African agribusiness holding Company and was inspired by the African Union's annual themes from 2014 and 2015 and the African Agribusiness Strategy. Read More »