ESG Frontiers

BOTSWANA STRIKES GOLD: $50m Windfall from Diamonds and Beneficiation

Botswana is set to reap a significant economic reward from its latest diamond discovery, driven by visionary beneficiation initiatives and cutting-edge investment frameworks that prioritise national benefit, localisation, and community prosperity. The second-largest diamond ever found – a rough 2,492-carat stone – has been unearthed in Botswana at a mine operated by the Canadian company…

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Fitch downgrade on Dangote: Alarm bells for Africa’s Industrial Quests

There is no question that the establishment of the Dangote Refinery, a $19 billion project, represents a significant stride towards Africa’s self-sufficiency in refined petroleum products and its ability to export to other African nations. This transformative initiative has the potential to reduce the continent’s reliance on imports, create jobs, and drive industrialization, ultimately contributing…

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UN Report: Africa Emerges as a Prime Destination for Manufacturing Investment

A  report by the United Nations Conference on Trade and Development (UNCTAD) has highlighted Africa’s vast potential as a hub for manufacturing investment. The continent’s rich reserves of critical minerals and metals, such as aluminium, cobalt, copper, lithium, and manganese, make it an attractive location for technology-intensive industries. Africa’s abundant resources and expanding consumer markets…

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