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Cape Town Mining Summit to Highlight the Democratic Republic of Congo (DRC)’s Critical Mineral Investment Prospects

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Cape Town Mining Summit

CMA 2024 will take place under the theme Innovate. Enact. Invest in African Critical Minerals to Sustain Global Growth

CAPE TOWN, South Africa, July 24, 2024/APO Group/ — 

The Democratic Republic of Congo (DRC)’s state-owned mining firm, Gecamines, and Canadian company Ivanhoe Mines have resumed operations at the high-grade Kipushi zinc-copper mine (https://apo-opa.co/4bZo9ij). The mine is expected to produce up to 140,000 tons of zinc concentrate this year and up to 278,000 tons annually over the next five years, with upgrades to the mine’s new concentrator currently underway. This resumption of production, following more than 30 years of maintenance, demonstrates the DRC’s commitment to maximizing the production of its vast critical mineral resources, including copper, lithium, and cobalt, to meet the growing global demand for energy transition metals.

In alignment with the DRC’s efforts to expand its mining industry, the upcoming Critical Minerals Africa (CMA) Summit (https://CriticalMineralsAfrica.com) will feature a spotlight on the country, highlighting lucrative opportunities for global investors in the country’s critical mineral sector.

The Critical Minerals Africa 2024 summit on November 6 – 7 serves to position Africa as the primary investment destination for critical minerals. The event is held alongside the African Energy Week: Invest in African Energy 2024 conference (https://AECWeek.comon November 4 – 8, offering delegates access to the full scope of energy, mining and finance leaders in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

Untapped Potential and Investment Prospects

The DRC is seeking investors to unlock over $460 trillion worth of untapped mineral deposits, including the world’s largest cobalt reserves an its significant lithium, nickel and rare earth mineral resources. In January 2024, the DRC reached an agreement with China’s state-owned Sinohydro and China Railway (https://apo-opa.co/4bWswKP) to invest $7 billion in infrastructure development, in exchange for a 68% stake in the Sicomines copper and cobalt mine joint venture. Additionally, the European Union announced a 54.1 million investment in the DRC’s critical minerals sector (https://apo-opa.co/4bW7tIk) in March 2023. The Lobito Atlantic Railway, operator of the Lobito Corridor, announced a $100 million investment in July 2023 to enhance the DRC’s logistics infrastructure and services. The CMA Summit will host high-level panel discussions, project showcases and exclusive networking sessions, connecting the DRC’s projects with global investors.

Critical Mineral Demand and GDP Growth

The DRC seeks to capitalize on the growing demand for critical minerals globally – which is expected to triple by 2030 and quadruple by 2040 ­– for economic growth, with the industry accounting for 30% of GDP and over 90% of the country’s export revenue. Gecamines has begun marketing and selling its share of copper from the Chinese-operated Tenke Fungurume mine independently to increase profits from mineral monetization. The state-owned mining firm plans to market its copper share from Glencore’s Kamoto operation and the Chinese-owned Sicomines project starting in 2024.

The DRC is also advancing exploration activities to increase its critical mineral reserves and projects to meet growing global demand. In February 2023, President Felix Tshisekedi announced the start of exploration operations for nickel and chrome in the Kasaï Province. As the official platform for discussing and maximizing the DRC’s critical mineral prospects, the CMA Summit will showcase investment opportunities across the country’s entire mining value chain.

Distributed by APO Group on behalf of Energy Capital & Power.

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Tamchy Special Financial Investment Territory on Issyk-Kul Launched in Kyrgyzstan

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Tamchy

By 2035, Tamchy aims to attract around 4,000 resident companies and create over 10,000 jobs. The expected contribution of Tamchy to the country’s economy between 2026 and 2035 is estimated at $20 bn

TAMCHY, Kyrgyzstan, July 4, 2026/APO Group/ –The President of the Kyrgyz Republic, Sadyr Japarov, has inaugurated the Tamchy Special Financial Investment Territory (SFIT) (www.TamchySFIT.com), a new international jurisdiction on the shores of alpine Lake Issyk-Kul. The first residents of Tamchy, who joined during the launch ceremony, were companies from South Korea, the UAE, Hong Kong, Switzerland and Kazakhstan. Twenty companies from across the globe are in the process of establishing residency at Tamchy SFIT.

 

The ceremony culminated with President Japarov symbolically activating a geotag-shaped switch, thus putting Tamchy SFIT, quite literally, on the global financial map.

Changes in the global economy are driving demand for new centers of business activity where international standards are supported by true freedom of innovation and long-term investment. Tamchy SFIT is our national project and our response to the needs of international businesses. We are building a financial center from scratch — with an independent court, a modern regulator, and rules that won’t change with shifting trends.I have no doubt that Tamchy SFIT will open a new chapter in the history of Kyrgyzstan,” said President Japarov.

Operating on the principles of English common law, Tamchy SFIT has its own financial regulator, an International Dispute Resolution Centre, and a single-window digital registrar. A special tax regime guarantees a 0% rate of tax on profits, dividends, capital gains, and VAT for 49 years and allows 100% foreign ownership and unrestricted profit repatriation.

 

Covering an area of about 6,000 ha, Tamchy SFIT can already boast a fully operational business center, while hotels and residential buildings are under construction. Issyk-Kul International Airport is within walking distance.

Tamchy SFIT is our national project and our response to the needs of international businesses

 

Great financial centres are built by understanding what international capital and businesses require. Tamchy SFIT offers exactly that — a trusted, flexible, and investor-ready platform for businesses seeking sustainable growth. Benchmarked to international gold standards, grounded in English common law, and positioned at the intersection of five EAEU economies and the Eurasian corridor, it offers a jurisdiction that is neutral, independent, and built to last,” said Ali Ijaz Ahmad, First Deputy Chairman of the Tamchy SFIT Management Council.

 

One of the first executives who decided to set up in Tamchy SFIT was Seo Dong Hyun, CEO of Serim.

 

“Over the past thirty years of investing in the semiconductor industry, high technology, and energy, I have come to appreciate that legal certainty and trust in the regulatory system are the foundation of long-term investment. These are the very principles on which the Tamchy SFIT was established. What is particularly remarkable is that a project of this scale was delivered in just one year—faster than in any other jurisdiction I know. Today, I registered my family holding company here. For me, this is not an investment for years, but for generations,” he said.

 

By 2035, Tamchy aims to attract around 4,000 resident companies and create over 10,000 jobs. The expected contribution of Tamchy to the country’s economy between 2026 and 2035 is estimated at $20 bn.

Distributed by APO Group on behalf of The Tamchy Special Financial Investment Territory (SFIT).

 

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African Trade & Investment Development Insurance (ATIDI) Marks 25 Years of impact at its 2026 Annual General Meeting

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African Trade

The 2026 gathering also marks a significant milestone in ATIDI’s history, celebrating 25 years since the organisation’s establishment and recognising a quarter century of supporting trade, investment and economic transformation across Africa

NAIROBI, Kenya, July 6, 2026/APO Group/ –The African Trade & Investment Development Insurance (ATIDI) (www.ATIDI.Africa) will convene its 26th Annual General Meeting (AGM) in Nairobi, Kenya, from 30 June to 3 July 2026, bringing together heads of state, government officials, investors, development finance institutions and private sector leaders from across Africa and beyond.

 

Held under the theme “Empowering Africa: Risk Managed, Growth Unlocked”, the AGM comes at a pivotal moment for the continent as African institutions seek to mobilise greater levels of investment, strengthen economic resilience and accelerate sustainable development.

 

The 2026 gathering also marks a significant milestone in ATIDI’s history, celebrating 25 years since the organisation’s establishment and recognising a quarter century of supporting trade, investment and economic transformation across Africa.

 

Hosted by the Government of Kenya, the event will provide a platform for high-level dialogue on the future of African development finance, bringing together leaders from across the public and private sectors to explore how innovative financing, risk mitigation solutions and stronger African institutions can unlock investment and accelerate growth across the continent.

 

A central feature of the programme will be the Leaders’ Panel, which will examine how Africa can build a more resilient and self-sustaining development finance ecosystem in response to shifting global capital flows, rising debt pressures and growing demand for infrastructure and industrial investment.

 

Bringing together senior political leaders, development finance institutions and trade and investment organisations, the discussion will explore how governments, regional institutions and multilateral partners can work together to mobilise domestic and international capital, reduce the cost of financing and support investment in the sectors that will define Africa’s next phase of development, including energy, manufacturing, SMEs and green infrastructure.

This is a good opportunity to celebrate 25 years of delivering African solutions to African challenges

 

The Opening Ceremony will feature addresses from senior government officials and ATIDI leadership, including Professor Kelly Mua Kingsly, Chairman of the Board of Directors, and Manuel Moses, Chief Executive Officer of ATIDI. Delegates will also hear from senior representatives of the Government of Kenya, including Cabinet Secretaries responsible for finance, trade and investment.

 

As part of the celebrations marking ATIDI’s 25th anniversary, the programme will recognise the institution’s founding members and reflect on the organisation’s evolution over the past quarter century. Since its establishment, ATIDI has facilitated over USD93 billion in critical economic sectors across Africa.

 

Alongside the policy discussions, the AGM will place a strong emphasis on investment promotion and business development. The Investor Showcase will bring together representatives from government, commercial banks, multilateral development banks and the private sector to highlight investment opportunities and strengthen engagement between investors and African markets.

 

The programme will also include a series of curated Business-to-Business (B2B) and Business-to-Government (B2G) meetings designed to connect investors, businesses and public sector stakeholders, helping to facilitate partnerships, unlock opportunities and support long-term economic growth.

 

Professor Kelly Mua Kingsly, Chairman of the Board of Directors, ATIDI, said: “This is a good opportunity to celebrate 25 years of delivering African solutions to African challenges. As the continent seeks to mobilise greater levels of investment and accelerate development, African institutions have an increasingly important role to play. This AGM will bring together leaders from across the continent and beyond to explore how partnerships, innovation and risk mitigation can help unlock the capital needed to support Africa’s future.”

 

Manuel Moses, Chief Executive Officer of ATIDI, said: “African Solutions for Africa reflects our belief that the continent’s development ambitions will be achieved through strong institutions, innovative thinking and effective collaboration. This AGM provides a unique opportunity for policymakers, investors and development partners to come together and discuss practical solutions that can help mobilise investment at scale, strengthen resilience and support sustainable economic transformation across Africa

Distributed by APO Group on behalf of African Trade and Investment Development Insurance (ATIDI).

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Ghana, Seychelles and São Tomé to Spotlight Energy Investment Pipelines at Power Africa Today 2026

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African Energy Chamber

Energy ministers from Ghana, Seychelles and São Tomé and Príncipe will outline national power sector investment pipelines spanning generation, grids, renewables and supporting infrastructure at Power Africa Today during AEW 2026

CAPE TOWN , South Africa, July 6, 2026/APO Group/ –Ghana, Seychelles and São Tomé and Príncipe are advancing distinct but converging energy transition pathways, as governments shift from policy design to execution-ready infrastructure and investable project pipelines. These national strategies will be presented at the Power Africa Today conference during African Energy Week (AEW) 2026 in Cape Town from October 12–16.

 

At the center of the dialogue, Ghana’s Minister of Energy and Green Transition, Dr. John Abdulai Jinapor; Seychelles’ Minister for Environment, Climate, Energy and Natural Resources, Marie-May Jeremie; and São Tomé and Príncipe’s Minister of Infrastructure and Natural Resources, Nelson Cardoso, will outline how their respective countries are mobilizing investment across hydrocarbons, renewables and infrastructure.

In Ghana, the delivery of Jubilee crude to the Sentuo Oil Refinery in Tema marks an early step toward strengthening domestic refining capacity and reducing import dependence, supporting broader energy security and industrial fuel supply. This downstream integration is being complemented by an upstream recovery program anchored by a $3.5 billion investment drive, including a $1.5 billion agreement with Eni and a $2 billion framework with Jubilee Partners aimed at stabilizing production and ensuring reliable hydrocarbon supply for both export revenues and domestic energy needs, including gas-to-power development.

Investors are responding in kind, backing clearly structured, bankable energy projects that are ready to deliver impact at scale

At the same time, Ghana is addressing structural grid challenges through a $182 million efficiency and transmission upgrade program led by the Electricity Company of Ghana, alongside tariff adjustments aimed at stabilizing the power sector. Together, these reforms reflect a broader strategy that integrates upstream recovery, downstream expansion and grid reform within a just transition framework focused on industrialisation and job creation.

Seychelles is advancing a small-island energy transition model anchored in its Renewable Energy Accelerated Program, targeting 15% renewable penetration by 2030 through grid modernization and de-risked investment structures. Complementary reforms within the Public Utilities Corporation, including upgrades to the Roche Caiman generation facility, support broader efforts to strengthen energy resilience and diversify the island economy through blue economy initiatives.

In São Tomé and Príncipe, macroeconomic stabilization under an IMF Extended Credit Facility is enabling a more structured infrastructure investment environment. This is being reinforced by a $24.5 million African Development Bank grant, part of a broader clean energy investment package aimed at accelerating the country’s transition from diesel-based generation toward renewable energy and improved grid reliability. Recent renewable integration efforts, including small-scale solar deployment and hybrid generation systems, are supporting grid stability as the country works to reduce reliance on imported fuels and strengthen system performance.

Alongside a €72 million AfDB-supported portfolio, planned hydroelectric concessions along the Adabe River and solar development at Água Casada are being structured to attract private capital through de-risked public-private partnership frameworks, supporting efforts to expand reliable electricity access and build a more resilient power system.

“Across Africa, governments are moving decisively from policy design to implementation, turning ambition into execution on the ground,” says NJ Ayuk, Executive Chairman of the African Energy Chamber. “Investors are responding in kind, backing clearly structured, bankable energy projects that are ready to deliver impact at scale. The Power Africa Today conference at AEW 2026 reflects this shift, bringing together governments and investors focused on moving projects from concept to execution.”

As African energy markets continue shifting from policy ambition toward execution-driven, investable project pipelines, Power Africa Today at  AEW 2026 will provide a platform for governments and investors to engage directly on strategies that can accelerate project delivery and unlock new capital flows across the continent.

Distributed by APO Group on behalf of African Energy Chamber.

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