Content about Africa

SGS is the world’s leading inspection, verification, testing and certification company; and in West Africa, demand for its services is as high as ever, as Alan Swaby discovers.

Anyone working or simply taking an interest in gold mining will know full well that nothing can be said to potential investors about the value of a prospect that isn’t backed up by independent verification. In fact, as service providers go, there can’t be many that are as busy as those involved with testing and certification.

Coal of Africa Limited (CoAL) has completed its acquisition of Rio Tinto and Kwezi Mining’s shares in both Chapudi Coal and Kwezi Mining and Exploration (KME).

The acquisition has been carried out by Keynote Trading & Investment 108, a subsidiary of CoAL.

Chapudi and KME hold the prospecting rights for the Chapudi Coal Project and related exploration properties in South Africa’s Soutpansberg coalfield in the Limpopo Province. CoAL originally agreed to acquire the Chapudi coal assets from the previous owners in November 2010.

Against a backdrop of increasing competition from cheap imports and rising transport costs, Astral Foods’ CEO Chris Schutte tells Andrew Pelis how South Africa’s leading integrated poultry producer is going from strength to strength.

The story of Astral Foods’ consistent year-on-year growth traces back to its beginnings in 2001 when conglomerate Tiger Brands decided to unbundle its agricultural arm.

Famdra may be a small company, but its industrial weighing equipment is setting new standards for accuracy and cost effectiveness, as Gay Sutton discovers.

The Alliance for Responsible Mining (ARM) seeks to transform global gold production by integrating and formalizing the position of countless artisanal and small-scale miners. Executive director Lina Villa Córdoba talks to Jayne Flannery about ARM’s vision for the human face of the industry.

Mining operations usually provide much needed employment in developing countries but these jobs have a finite life. As Alan Swaby learns, a longer point of view is what’s really called for.

There’s nothing new in the bigger mining companies, operating in third world or developing countries, having social responsibility policies. But the question is not what to do while the mine is in operation but rather how to put in place a sustainable structure that can still function even after the life of the mine is over.

The world wouldn’t be quite as white as it is without an expanding titanium minerals mining operation in the wilds of Mozambique, as Alan Swaby learns from managing director Michael Carvill.

Anglo American has announced the sale of Scaw South Africa, completing its divestment of the Scaw Metals Group.

The company has sold Scaw South Africa to an investment consortium led by the Industrial Development Corporation (IDC) of South Africa, Izingwe Holdings, Shanduka Resources and the Southern Palace Group of Companies.

Shell has agreed to buy East Africa-focused Cove Energy in a deal worth £1.12 billion, it has been announced.

London-listed Cove will be acquired by the energy giant’s Shell Bidco subsidiary.

The acquisition marks Shell's entry into Kenya and Mozambique, with potential for new LNG from recent gas discoveries offshore Mozambique. Shell already has interests in Tanzania.

The IFC, a member of the World Bank Group, and the Islamic Development Bank (IDB) have announced an investment of up to $100 million to support the construction of major infrastructure projects across the Middle East and North Africa.

The investment is part of an effort to stimulate economic growth in the MENA region. The IFC and IDB are each investing $50 million in the Arab Infrastructure Investment Vehicle (AIIV), part of the Arab Financing Facility for Infrastructure (AFFI), a joint initiative of the World Bank, the IDB and IFC.

Ireland’s Providence Resources has confirmed it has received the final payment of US$6 million for the sale of its Nigerian interest, OML 113.

The payment marks the end of Providence’s asset portfolio restructuring, allowing it to focus on its core areas of offshore Ireland and onshore United Kingdom.