What Democratic Republic of Congo’s Mining Reform Means for Africa
The Democratic Republic of Congo (DRC) has undertaken a bold reform in its mining sector. This month, DRC’s its president Joseph Kabila signed into law a new mining code that increases royalties and taxes that mining companies pay. This happened even in the face of strong objections from international mining companies operating in DRC: Glencore, Randgold, China Molybdenum and Ivanhoe.
- 20/03/2018
- 7
Crops or Carats? The Unattended Tensions between Miners and Farmers
The interaction between artisanal (small scale) mining and agriculture in Africa still needs to be carefully considered by policy makers to ensure that people’s livelihoods and countries’ export revenues aren’t threatened. It’s also important that the relationship between the two sectors is optimised to mutual benefit.
- 07/03/2018
- 3
Can Mining and Agriculture Go Together?
The interaction between artisanal (small scale) mining and agriculture in Africa still needs to be carefully considered by policy makers to ensure that people’s livelihoods and countries' export revenues aren’t threatened. It’s also important that the relationship between the two sectors is optimised to mutual benefit.
- 25/02/2018
- 7
Africa is Losing Billions of Dollars to Illicit Financial Flows
Resource-rich African countries are facing significant economic headwinds. Nigeria, Africa’s largest oil producer, depends on oil for over 90% of its foreign exchange earnings and three-quarters of government revenue. The slump in oil prices has adversely affected Nigeria’s economic prospects, pushing GDP growth into negative territory to -1.5% in 2016 before bouncing back to 1.4% in the 3rd quarter of 2017.
- 17/02/2018
- 5
Shared Infrastructure and Integration in Africa
The Ruzizi III Hydropower Plant Project, which serves Burundi, the Democratic Republic of Congo, and Rwanda, could create about 135,200 total jobs over the project’s lifespan. It will increase the region’s access to electricity by 300% too. This project is important in the face of limited access to electricity in these countries: 10% in Burundi, 15% in the Democratic Republic of Congo and 30% in Rwanda.
- 15/02/2018
- 6
Africa is Growing, but is it Rising?
The truth is that Africa is growing. Things look promising for the continent. The World Bank, in its 2018 Global Economic Prospects, says 6 of the world’s 10 fastest growing economies will be in Africa. This is good news. It probably firms up the narrative that Africa has moved from a ‘hopeless continent’ to a ‘hopeful continent’.
- 14/02/2018
- 10
- Science
- Technology
- Companies
- Environment
- Global Economy
- Finance
- Politics
- Society
BBN Times connects decision makers to you. Experts in their fields, worth listening to, are the ones who write our articles. We believe these are the real commentators of the future. We quickly and accurately deliver serious information around the world. BBN Times provides its readers human expertise to find trusted answers by providing a platform and a voice to anyone willing to know more about the latest trends. Stay tuned, the revolution has begun.