Market News
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Kenya, Sudan sign oil and mining pacts
Posted on :Wednesday , 23rd November 2016
Kenya and Sudan have signed agreements to deepen collaboration in oil and mining industry.
Hence, Kenya is poised to gain from the agreements as Sudan has made strides in both sectors.Sudan is an established oil exporting country and has also made progress in mineral business with the government owned Sudan Gold Refinery in Khar. . .Ethiopia: Gold Project Nears Take-Off Phase
Posted on :Thursday , 3rd November 2016
Addis Ababa — The Ethiopia government has set up the Ethiopian Mines, Petroleum and Bio-Fuel Corporation, which will be the investing entity in the country's mineral, oil and gas industry.
KEFI Minerals plc, the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, has alrea. . .Rwanda Mining professionals trained on modern mining
Posted on :Wednesday , 19th October 2016
The government of Rwanda considers mining sector as key in the country development, the sector is now second largest contributor to national economy after tourism. Rwanda Natural Resources Authority considers the Mining sector as greatest opportunity for the country’s economy. In order to promote good practice in mining the department of Mining organized a five days training for min. . .
Kenya promises a more organized mining sector
Posted on :Saturday , 1st October 2016
During the first Mining Forum ever held in Kenya, Mining Cabinet Secretary Dan Kazungu said his country will strive to have more organized mining sector.
Among the first steps the government will implement to work towards that goal is conducting a year-long airborne survey to map mineral deposits. With an initial funding of approximately $29.64 million, the ob. . .Kenya to pick contractor for minerals survey by Dec
Posted on :Thursday , 29th September 2016
Kenya will appoint a company by December to conduct a year-long airborne survey to map its mineral deposits to attract mining explorers to the nascent sector, Mining Cabinet Secretary Dan Kazungu said on Wednesday.
Kazungu said the ministry has initial funding of Sh3 billion from the Treasury in the 2016/17 (July-June) fiscal year to start the survey. Kenya ha. . .Please Select an Option
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