Sub-Saharan Africa has more than $108 billion in active mining and industrial projects. Most are new mining developments worth more than $42 billion. South Africa has the largest pipeline, with 16.95% or $18.3 billion of active mining and industrial projects.
Industrial and mining growth in the Middle East
The Middle East has $33 billion in active industrial and mining projects. Saudi Arabia leads the Middle East with 54% or $17.5 billion in active industrial and mining projects. Oman is in second place with 36%, or $11.5 billion. The UAE has 7% or $2.4 billion in industrial projects.
De Beers Group steps up its fight against climate change
Founded in 1888, the De Beers Group is the world’s leading diamond company with expertise in diamond exploration, mining, and marketing
Zimbabwe eyes its own gas field
With a population of 2.4 million, Zimbabwe finds itself in a dire economic situation. Hyper Inflation is hindering the much-needed investment required to rebuild the country’s dilapidated infrastructure.
European countries investing in Africa
Africa shows tremendous potential, having the youngest and the fastest-growing middle class in the world. The continent is teeming with the potential for large-scale investments.
Diamond mining still leading the way for Botswana’s economy
Minerals have dominated Botswana’s economy since 1972. Today there are more than $10 billion of mining projects in Botswana.
Soaring Factory Prices – An Opportunity for Africa?
Labour and commodity costs in Africa are significantly lower than anywhere else. What is lacking is know-how and funding. Inflation at manufacturing hubs could present an opportunity for African leaders. Will they embrace it?
Top 5 Projects in East Africa
Top 5 Projects in East Africa East Africa has more than $435 billion of active projects, of which $221 billion are under construction. A fast-growing population that will increase by 25 per cent over the next ten years drives the demand for infrastructure development....
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