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ZDA Approves US$600,000 Export Fund to Boost Youth Businesses and Local Mining Supply Chains 1 Mining in Zambia Investment News 

ZDA Approves US$600,000 Export Fund to Boost Youth Businesses and Local Mining Supply Chains

Constance
Zambia Launches US$600,000 Export Development Fund to Support Youth Entrepreneurs, SMEs, and Mining Supply Chains The Zambia Development Agency (ZDA) has approved a new US$600,000 loan facility under the Zambia Export Development Fund (ZEDF) to support businesses engaged in exporting Zambian products. The funding is designed to accelerate the growth of Zambia’s non-traditional exports, create employment opportunities, and strengthen local industries. Notably, US$400,000 has been specifically allocated to youth-led export enterprises, underscoring the Fund’s strong commitment to empowering young entrepreneurs and improving their access to regional and international markets. The… Read More Here
Zimbabwe Sets Lithium Export Quotas and Local Processing Requirements 2 International Battery Metals Lithium 

Zimbabwe Sets Lithium Export Quotas and Local Processing Requirements

Constance
Zimbabwe to impose lithium concentrate export quotas and mandate local processing by 2027 Zimbabwe will introduce export quotas for lithium concentrates and require mining companies to commit to local processing plans as conditions for resuming mineral exports, the mines ministry has informed producers. Africa’s top lithium producer suspended exports of lithium concentrates and other unprocessed minerals on February 26, citing alleged malpractices and mineral leakages. In a letter dated April 2 to the Chamber of Mines, the ministry outlined conditions for resuming exports, including the publication of annual financial statements… Read More Here
Bezant Resources Reports Sevenfold Increase in Hope Open-Pit Mineral Resource in Namibia 3 International Copper Gold New Mining Projects 

Bezant Resources Reports Sevenfold Increase in Hope Open-Pit Mineral Resource in Namibia

Constance
Bezant Resources boosts Hope project copper-gold resource sevenfold, extending mine life to 7.5 years Aim-listed Bezant Resources has announced a sevenfold increase in the Hope open-pit mineral resource at its Hope and Gorob copper-gold project in Namibia, raising the resource to over three million tonnes, up from the 2023 estimate of 410,000 tonnes. The update was released on April 8 following a new Mineral Resource Estimate (MRE) prepared by independent consultants Sound Mining. Bezant highlighted that the increase significantly improves the near-term development potential of the mine, reducing the strip… Read More Here
Angola to Launch First Gold Refinery as Part of Economic Diversification Strategy 4 International Economy Gold 

Angola to Launch First Gold Refinery as Part of Economic Diversification Strategy

Constance
Angola opens first gold refinery in 2026 to boost mining value, reduce reliance on oil and diamonds Angola, Africa’s second-largest oil producer, is set to operate its first gold refinery in the first half of 2026, signaling a push to diversify its economy and extract more value from mineral resources. The refinery, located in Viana near Luanda, has a processing capacity of approximately 20 kilograms per day. Construction and equipment installation have been completed, with commissioning and final technical adjustments now underway, according to Paulo Tanganha, Angola’s national director of… Read More Here
DRC introduces quarterly mining sector monitoring to boost accountability and revenue oversight 5 Mining in DRC 

DRC introduces quarterly mining sector monitoring to boost accountability and revenue oversight

Constance
DRC Ministry of Mines Launches Quarterly Reporting to Improve Transparency and Combat Mining Fraud On Tuesday, April 7, 2026, Minister of Mines Louis Watum Kabamba convened the heads of all structures under his ministry, launching a new quarterly accountability mechanism for the Democratic Republic of Congo’s (DRC) mining sector. Under the new system, each entity will submit regular reports detailing its activities, challenges encountered, and future outlook. Addressing fragmentation in the mining administration The measure comes as the Congolese mining sector continues to face challenges stemming from a fragmented administrative… Read More Here
DRC Strengthens Energy Sovereignty with New Oil Infrastructure Contracts 6 Mining in DRC Oil & Gas Petroleum 

DRC Strengthens Energy Sovereignty with New Oil Infrastructure Contracts

Constance
Democratic Republic of Congo signs oil infrastructure contracts to boost state control and energy autonomy The Democratic Republic of Congo has taken a significant step toward strengthening energy sovereignty with the signing of new oil infrastructure operating contracts. The agreements, signed on Tuesday, April 8, 2026, in Kinshasa, formalize collaboration between SEP Congo SA and the National Company for the Management of Oil Infrastructure (ENGIP-RDC SA). The ceremony was held at the Ministry of Portfolio under the leadership of Minister Julie Shiku, with the Minister of State for Hydrocarbons, Acacia… Read More Here
DRC Mining Exports Show Upward Trend Amid Rising Copper, Cobalt, and Gold Prices 7 Mining in DRC Cobalt Copper Economy Gold 

DRC Mining Exports Show Upward Trend Amid Rising Copper, Cobalt, and Gold Prices

Constance
Congo’s copper, cobalt, and gold exports rise in 2026, boosting mining sector revenues The Democratic Republic of the Congo is witnessing an upward trend in the international prices of its key mining exports, according to the latest official projections. The National Market Commission of the Ministry of Foreign Trade reported that for the period from April 6 to 11, 2026, several strategic raw materials are expected to record weekly price increases. Copper: Primary export on the rise Copper, the country’s main export, is projected to trade at $12,143.30 per ton,… Read More Here
Special Flat-Rate Tax Generated Nearly 20% of DRC Mining Revenues in 2023 Before Tax Reform 8 Mining in DRC Economy Mining tax 

Special Flat-Rate Tax Generated Nearly 20% of DRC Mining Revenues in 2023 Before Tax Reform

Constance
DRC’s Special Flat-Rate Tax contributed $1.1B to mining revenues in 2023, replaced by CIT and PIT in 2026 In the Democratic Republic of the Congo, the Tax on Profits and Gains, also known as the Special Flat-Rate Tax, contributed 19.54% of the state’s mining sector revenues in 2023, according to the latest report by the Extractive Industries Transparency Initiative (EITI), consulted by Deskeco.com. The tax generated approximately $1.1 billion for the Public Treasury, out of a total of $5.61 billion collected from the mining sector during the year. Other significant… Read More Here
Tenke Fungurume Mining Accounts for Over 20% of DRC Mining Revenues in 2023 9 Mining in DRC Cobalt Copper Corporate News 

Tenke Fungurume Mining Accounts for Over 20% of DRC Mining Revenues in 2023

Constance
CMOC’s Tenke Fungurume Mining leads DRC mining revenue contributions with $1.1bn in 2023, EITI report shows Tenke Fungurume Mining (TFM), a subsidiary of the CMOC Group, contributed 20.47% of total mining sector revenues in the Democratic Republic of the Congo during the 2023 financial year. The figures were disclosed in the latest report by the Extractive Industries Transparency Initiative (EITI) for the Democratic Republic of the Congo, released in early 2026. According to the report, TFM generated approximately $1.1 billion in government revenues out of the $5.6 billion collected from… Read More Here
DRC’s Heavy Reliance on Mining Revenues Highlights Urgent Need for Economic Diversification 10 Mining in DRC Economy 

DRC’s Heavy Reliance on Mining Revenues Highlights Urgent Need for Economic Diversification

Constance
Extractive sector generates 60% of DRC state revenue, underscoring risks of overdependence on mining The economy of the Democratic Republic of the Congo remains heavily dependent on the extractive sector, reinforcing calls for broader economic diversification to reduce fiscal vulnerability and support long-term development. In 2023, current and exceptional state revenues totalled more than $9.75 billion, according to a report by the Court of Auditors of the Democratic Republic of the Congo analysing the national accounts for that year. Of this total, approximately $5.85 billion, or about 60%, was generated… Read More Here

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