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UK Ambassador Praises Lobito Corridor as a Catalyst for Angola’s Economic and Regional Integration 21 Transport and Logistics International 

UK Ambassador Praises Lobito Corridor as a Catalyst for Angola’s Economic and Regional Integration

Constance
The United Kingdom’s Ambassador to Angola, Bharat Joshi, has described the Lobito Corridor as a key infrastructure project for Angola’s economic growth and Southern Africa’s regional integration. Speaking on Wednesday in Luanda during the Angola–UK Business Forum, the diplomat highlighted the project’s transformative potential for millions living in historically underserved regions. “After visiting Benguela three times and meeting various partners in Lobito, I came to understand the true scale of the Corridor and its potential impact on the country’s future,” Joshi said. He emphasized that the Lobito Corridor stands out… Read More Here
Lobito Corridor Investment Opportunities Presented in Huambo 22 Transport and Logistics International 

Lobito Corridor Investment Opportunities Presented in Huambo

Constance
Angola’s Ministries of Transport and Planning joined forces to host a seminar last Friday in the city of Huambo, aimed at showcasing the investment potential and opportunities along the Lobito Corridor. Held at the Manuel Rui Monteiro Cultural Center, the event focused on presenting the Railway Branch Line and Freight Terminal Project of the Caála Logistics Platform. It brought together local entrepreneurs from various sectors, including agriculture, livestock, transport, and construction. During the seminar, Adriana Penha, Contract Manager of the Caála Logistics Platform, emphasized that the meeting served as a… Read More Here
Barrick Begins Trading Under Symbol ‘B’ on NYSE to Reflect Gold-Copper Growth Strategy 44 International Corporate News Gold 

Barrick Begins Trading Under Symbol ‘B’ on NYSE to Reflect Gold-Copper Growth Strategy

Constance
Barrick Gold Corporation, dual-listed in the U.S. and Canada, has officially begun trading under the single-letter ticker symbol ‘B’ on the New York Stock Exchange (NYSE), marking a significant milestone in the company’s evolution. To commemorate the occasion, Barrick President and CEO Mark Bristow rang the NYSE opening bell on Friday. “Barrick’s vision is to be the world’s most valued gold and copper exploration, development, and mining company,” said Bristow. “Alongside our world-class portfolio of six Tier 1 gold mines, we are building a significant copper business that will drive… Read More Here
EU Reaffirms Support for Peace and Humanitarian Efforts in the DRC 45 Mining in DRC 

EU Reaffirms Support for Peace and Humanitarian Efforts in the DRC

Constance
On Wednesday, April 30, 2025, Prime Minister Judith Suminwa Tuluka met with Mr. Johan Borgstam, the European Union’s Special Representative for the Great Lakes Region, at her office in Kinshasa. Their discussion focused on the EU’s continued support for humanitarian efforts and the peace processes currently underway in the Democratic Republic of Congo (DRC). “It was a very warm exchange,” said Mr. Borgstam. “We discussed the European Union’s support for humanitarian operations in eastern DRC, ongoing peace initiatives, and development cooperation projects. The EU has already delivered more than 100… Read More Here
Deadly Rockfalls Highlight Dangers in DRC’s Artisanal Mining Sector 46 Mining in DRC Artisanal mining 

Deadly Rockfalls Highlight Dangers in DRC’s Artisanal Mining Sector

Constance
Rockfalls at artisanal mining sites in the Democratic Republic of Congo (DRC) are becoming increasingly frequent, particularly in the conflict-affected eastern provinces. The latest tragedy occurred on Saturday, May 2, 2025, when seven artisanal gold miners—all from the same family—were killed in a collapse at the G7 mining site in Mapale village, Lugushwa, Mwenga territory. The incident prompted immediate concern from local civil society, which urged the Assistance and Support Service for Artisanal and Small-Scale Miners (SAEMAPE) to strengthen its oversight efforts on the ground. Speaking to Deskeco on Tuesday,… Read More Here
DRC’s Cobalt Export Suspension Shakes Global Markets 47 Mining in DRC Battery Metals Cobalt 

DRC’s Cobalt Export Suspension Shakes Global Markets

Constance
In February 2025, the government of the Democratic Republic of Congo (DRC) made a bold move by suspending cobalt exports for four months. The decision, announced by the Strategic Mineral Substances Market Regulatory and Control Authority (ARCOMS), aimed to stabilize the oversupplied market and increase national revenue from this critical mineral. The impact was immediate. Within just one week, cobalt prices soared by 27% on global markets. By May 2025, the price had climbed to USD 33,630.99 per tonne—up from USD 30,000—underscoring the market’s heavy reliance on Congolese supply. According… Read More Here
Manganese in Serenje Mining in DRC Battery Metals New Mining Projects 

DRC Launches First-Ever Manganese Mining Project in Kongo-Central Province

Constance
For the first time in the history of the Democratic Republic of Congo’s mining sector, manganese will soon be commercially exploited in Kongo-Central province—an area traditionally known for its oil reserves. The announcement was made during the 43rd Council of Ministers meeting on Friday, May 9, 2025, through a briefing by Minister of Mines, Kizito Pakapomba. The project will be carried out in Luozi territory by Asia Mineral Limited, a Japanese company ranked among the world’s top manganese exporters. The firm is recognized for its expertise in the extraction, processing,… Read More Here
DRC Leads Regional Push Against Mineral Smuggling at CIRGL Ministers' Meeting in Lusaka 48 Mining in DRC Mining in Zambia 

DRC Leads Regional Push Against Mineral Smuggling at CIRGL Ministers’ Meeting in Lusaka

Constance
The Minister of Mines of the Democratic Republic of Congo, His Excellency Mr. Kizito Pakabomba, participated in an extraordinary meeting of Mines Ministers from member states of the International Conference on the Great Lakes Region (ICGLR), held in Lusaka, Zambia. This high-level gathering followed two major technical meetings previously held in Nairobi, Kenya: the 26th session of the ICGLR Audit Committee and the 30th session of the Regional Committee of the Regional Initiative against the Illegal Exploitation of Natural Resources (RINR). Central to the discussions was the DRC’s formal denunciation… Read More Here
India and Angola Deepen Strategic Ties with Energy, Defence, and Tech Agreements 49 International Energy Partnership 

India and Angola Deepen Strategic Ties with Energy, Defence, and Tech Agreements

Constance
India and Angola have agreed to significantly expand their strategic partnership, signing multiple Memorandums of Understanding (MoUs) covering energy, defence, digital infrastructure, space technology, and more. The agreements coincided with Angolan President João Lourenço’s landmark state visit to India—the first by an Angolan head of state in 38 years. During delegation-level talks, Prime Minister Narendra Modi described the visit as “historic,” noting its importance in deepening not just India-Angola relations, but also broader India-Africa cooperation. The visit comes as the two countries celebrate the 40th anniversary of diplomatic relations. “India… Read More Here

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