PUBLICATION

Global Business Reports

AUTHORS

Catherine Howe, Lina Jafari

MACIG 2019 West Africa Pre-Release Edition

November 13, 2018

West Africa’s rich mineral resource potential presents a favorable investment proposition – significant gold discoveries have shone a spotlight on countries sharing the Birimian Greenstone Belts and, while mature mining countries like Ghana and Mali continue to lead the way in gold production, others are gaining ground as investors turn their attention to less-explored areas. While gold remains the focus for mining investment into West Africa, recognition of the region’s more diverse resource potential coupled with government efforts to mitigate risks associated with such heavy ties to just one commodity has led to a number of successful and promising projects in resources such as iron, lithium, copper and manganese. The positive impacts of increased political stability and attractive incentives for greenfield exploration are clearly visible in Côte d’Ivoire, which carries the torch for investor interest at this moment. Meanwhile, security concerns are unsettling investors in other parts of the region, and inter-regional dynamics continue to shift.

RELATED INTERVIEWS MORE INTERVIEWS

The move away from internal combustion engine to electric vehicles is accelerating more rapidly than many realize.
Lahri gives details about the use of new technologies in diamond mining and the impact of blockchain on traceability.
Tembo Power is developing hydropower projects across Africa with a focus on DRC.
Chesser Resources is upbeat about its Diamba Sud gold resource in Eastern Senegal.

RECENT PUBLICATIONS

Latin America Chemical Week Report 2024

The Latin America Petrochemicals and Chemicals 2024 report, produced in alliance with APLA, explores the current state of these industries, the challenges they face, and the opportunities they offer.

MORE PREVIOUSLY PUBLISHED

MACIG

"Zambia indeed deterred many investors due to multiple policy shifts in the mining tax regime that showed no consistency. However, since 2021 and with a new government in place, we have seen more stability as well as investor-friendly policies."

SUBSCRIBE TO OUR NEWSLETTER