"We are investing significantly in our project cargo capacities, like specialized trucks. Uganda and Tanzania in the East, but also Angola and the rest of West Africa are key growth markets."
"Roughly 20 mines have been built since 2010, taking an average of only 1.7 years to complete, which is significantly less than any other region globally. West Africa has an industry-wide track record of delivering projects both on time and on budget."
"On the production side, South Africa is very competitive thanks to shallow and high-quality deposits, but on the logistics side, rail shortfalls are a big impediment."
"On a path to reach over half a million oz/y, and given the immense exploration potential on the Chirano-Bibiani corridor, Asante Gold is a real growth opportunity and has proven it can deliver. "
GLOBAL DIRECTOR, ENERGY AND EXTRACTIVES GLOBAL PRACTICE, THE WORLD BANK
"The global efforts towards diversified and resilient supply chains create opportunities for African countries to capture more economic activity on the continent and create good-paying jobs."
"The assays have delivered very high grade total rare earths oxide (TREO) intersections that are very broad and conclusively prove that Kangankunde is an asset that will rank amongst the world's very best."
"With mining companies currently enjoying high prices, exceptional production performance and robust supply chains, we anticipate that the sector will continue showing resilience and growth, remaining financially sound in 2023."
The pre-release edition of Africa Energy 2024 comprises analysis based on over 80 interviews with ministers and leading executives from IOCs, NOCs, independents, associations, investors and service providers, to provide an in-depth and holistic view of sub-Saharan Africa’s ever-evolving energy sector.