Raw material

Hershey's and Mars, two American corporations within the chocolate trade, draw anger from Abidjan and Accra. Ivorian and Ghanaian cocoa regulators criticize them for undermining efforts to extend farmers 'producers' incomes. The 2 multinational corporations have "quickly" modified provider to keep away from financing the respectable revenue distinction, a bonus supposed for cocoa farmers.…

How do I monitor the artisanal cobalt mine to make sure higher working circumstances for casual miners within the Democratic Republic of Congo? The initiatives comply with one another from trade and commerce. Main patrons or customers of cobalt are engaged in making an attempt to observe artisanal extraction within the…

Lubumbashi has been hosting since yesterday Wednesday, the 4th edition of the INDABA Mining Forum which brings together mining and civil society actors from the Democratic Republic of Congo, South Africa and Zimbabwe. At the heart of the debates, the management of mining royalties due to local communities. According to civil society, the management of these funds intended for societal development…

For the first time in the Malagasy mining sector, Madagascar representatives of major mining and craft operations, who regularly opposed each other, sat around the same table. The aim: to discuss the way out of the crisis caused by the coronavirus, but also to oppose the reform of the mining law, whose new taxation could plague the already gloomy sector.…

In Zimbabwe, the coronavirus disaster has additional depressed an economic system that had already been on its knees for many years. Harare is now investing in gold to begin popping out of the disaster. However even when the yellow steel has gained worth because the pandemic started, it alone will not be sufficient to set off an upward curve in development over time.…

This is another setback for the US investment fund Och-Ziff. Its African subsidiary, OZ africa, was ordered by the US justice to pay $ 135 million to former shareholders. By 2016, Och-Ziff had already been ordered to pay the U.S. Treasury Department nearly half a billion dollars for corruption, particularly in the Democratic Republic of Congo.…

In Madagascar, greater than ever throughout this tough financial interval, rural individuals are doubling their efforts to search out new technique of subsistence. Within the jap a part of the nation, within the Ifanadiana district, the hope of a greater life got here from gold panning. Dozens of households started trying to find gold nuggets in hand throughout the dry season. Within the mattress of…

The Mauritanian president on Monday afternoon in Zouerate in the country's mining center gave the start of the company Maaden Mauritania's activities for the exploitation of gold in Tiris Zemmour. The iron mines of the National Industrial and Mining Company of Mauritania are already in operation in this region in the extreme north of Mauritania.…

The vanilla export campaign started a month and a half ago (September 15), but at the moment buyers are not killing with exporters from the Big Island, the world's largest producer of this spice. After years of high prices and peaked at $ 550 per. Kilo in 2018, the vanilla sector has seen a marked decline since last year. To avoid a sudden drop in prices in this volatile market, the Malagasy government has set a minimum export price of $ 250 per kilo. Despite this price halved compared to 2018, orders are currently few.…

In Côte d'Ivoire, for a month now, cocoa exporters have stopped buying futures contracts for the next production season. They are asking for a discount on taxes and especially on the quality premium called the "country differential". Information revealed by Bloomberg Agency. It is an arm that is invisible to the public, but…