PUBLICATION

Global Business Reports

AUTHORS

Catherine Howe, Imara Salas, Meredith Veit, Laura Brangwin, Eduardo Arcos, Pavlina Pavlova

THE OFFICIAL MINING IN AFRICA COUNTRY INVESTMENT GUIDE (MACIG) 2017

February 03, 2017

Countries across the continent face common challenges and increasing competition for a diminished pool of global investment and, although some governments are increasing incentives in response, others are tipping the scale too far towards the interests of the country. In an industry already high in risk, factors such as the vast progress in infrastructure and increasing political stability, as well as a more stable legislative framework in many countries, are widely improving investor confidence.

There is a sense of optimism, particularly in younger mining jurisdictions with newly recognized potential. West African countries such as Côte d’Ivoire and Burkina Faso exude particular enthusiasm, with a number of promising exploration activities underway, overshadowing more mature jurisdictions such as Ghana and Mali in terms of interest. Southern Africa’s mining sectors have perhaps been most affected by the downturn, and there are many challenges to be solved going forward. Meanwhile, in East Africa, Kenya’s relatively nascent sector presents itself as the rising star, whilst Tanzania’s much more mature sector is becoming a less favorable investment destination due to its drive to increase return from the mining sector and the seemingly rash decision-making of the new government.

RELATED INTERVIEWS MORE INTERVIEWS

Mining Plus, which provides technical services around the world, is growing its South American presence.
Pioneers in the discovery of world-class gold deposits in the James Bay region, Sirios has discovered numerous showings in Nord-du-Québec and Eastern Canada.
SOJUFISC is a Senegalese law firm focused on supporting business in natural resources.
TSX-listed Western Resources’ wholly owned subsidiary Western Potash Corp is fo-cused on developing the Milestone potash project in Saskatchewan.

MACIG

An Industry in Decline: Understanding the Politics behind South Africa’s Downfall

October 02, 2019
Once the mining capital of Africa, South Africa’s decline in regional hegemony is inextricably linked to its fraught sociopolitical fabric.

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