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Article Breaking business Mining Mining

South African Gold Miner Expands Global Footprint with $4.3bn Bid in Australia

    South African gold miner, Pan African Resources has launched an R80 billion (about $4.3 billion) acquisition bid in Australia, marking a major step in its strategy to expand its global mining footprint and consolidate control over key gold assets in the region.   For over five years, Pan African Resources has partnered with […]

Article Breaking business

NECA Faults NNPC Refinery Deal with Chinese Firms 

  The Nigeria Employers’ Consultative Association (NECA) has faulted the recent agreement between the Nigerian National Petroleum Company Limited (NNPC) and Chinese firms to revamp and expand the Port Harcourt and Warri refineries, describing it as another opaque arrangement amid unresolved questions over past refinery spending.   In a statement issued on Sunday, NECA Director-General […]

Article Breaking business

Rebrab’s Cevital Launches $600 Million Sugar Beet Project 

  Billionaire Issad Rebrab’s Cevital has unveiled a $600 million investment aimed at reviving large-scale sugar beet production in Algeria as the country seeks to cut its heavy dependence on imported sugar.   The project will combine industrial-scale farming with a new sugar processing and refining complex in the Saharan wilaya of Ghardaïa, and is […]