Africa’s first Critical Minerals Summit sees global powers lining up to secure mineral supplies for the energy transition SPECIAL REPORT | BIRD AGENCY | At least ten global powers are training their eyes on Africa’s critical mineral supplies, according to the organisers of an upcoming event in South Africa. Europe, …
Read More »Steering oil and minerals sector opportunities
Kampala, Uganda | THE INDEPENDENT | Uganda Chamber of Mines and Petroleum (UCMP) Board appointed Mr. Humphrey Asiimwe as the new Chief Executive Officer effective March 1, 2023. He spoke to JULIUS BUSINGE about his management philosophy, plans for the organization, and the two sectors; excerpts: It is slightly over four …
Read More »Transition minerals could transform the Democratic Republic of Congo, but local communities must be consulted
DRC’s minerals have been systematically plundered for centuries; now, its cobalt is coveted by the world for green energy transition. Will this finally bring transformation or more misery to the local communities? Kinshasa, DRC | BIRD AGENCY | Congo’s natural resources have been plundered at a terrible cost to its …
Read More »Botswanan president to diversify economy, reduce reliance on diamonds
New York, US | Xinhua | Botswana should diversify its economy to reduce its heavy dependence on diamonds, President Mokgweetsi Masisi on Thursday told world leaders attending the general debate of the 77th session of the UN General Assembly. Botswana is facing “an uphill battle” to attract investors to diversify …
Read More »EITI asks Uganda to publish oil, mining contracts or be penalised
Kampala, Uganda | THE INDEPENDENT | Two years since Uganda joined the Extractives Industry Transparency Initiative (EITI) it is yet to meet one of the most critical provisions of the initiative, that is disclosure of details of Production Sharing Agreements. EITI is an international initiative aimed at enhancing transparency in …
Read More »DRC confident EAC will help protect her minerals
Nairobi, Kenya | THE INDEPENDENT | The Democratic Republic of Congo-DRC was Friday officially admitted into the East African Community as the region looked to starting a new era in trade in mineral resources. The accession of DRC to the Treaty for the Establishment of the EAC is a declaration …
Read More »Karamoja leaders petition minister over exploitation of minerals by foreign investors
Moroto, Uganda | THE INDEPENDENT | The persistent insecurity in Karamoja is now opening up another can of worms, that is minerals, human rights and land grabbing. The local councilors in the Karamoja sub-region last week grilled the state minister for energy Peter Lokeris demanding an explanation on the fate of …
Read More »FULL TEXT: The Mining and Minerals Bill, 2021
Kampala, Uganda | THE INDEPENDENT | Parliament has passed the Mining and Minerals Bill, 2021 which will see the establishment of the Uganda National Mining Company which will manage the government’s commercial holding and participating interests in mineral agreements. The Bill that was passed on 17 February 2022 mandates the …
Read More »Guinea’s minerals and the coup
There has been a fight for its iron ore mines ANALYSIS | BY AGENCIES | Guinea’s special forces on Sunday Sept.05 ousted the West African country’s president, Alpha Condé, raising the political and operational risk for its minerals, which include bauxite, diamonds, iron ore and gold. Mining accounts for about …
Read More »Uganda has registered slow progress in mineral-based linkages
Kampala, Uganda | THE INDEPENDENT | Uganda has registered slow progress in the mineral-based linkages due to the relatively small market for mining inputs and mineral products, preliminary findings of a study shows. The study also shows that the absence of license requirements for value chain development in the Mining Act …
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