Africa accelerates towards energy and economic sovereignty with DRC mining growth {Business Africa}

DRC’s Mining Sector Enters a New Phase of Growth

The Democratic Republic of Congo (DRC), already home to some of the world’s largest reserves of cobalt and copper, is entering a dynamic new phase. Recent geological surveys have unveiled new mineral-rich zones, drawing renewed investor interest and strategic international partnerships.

Djimpe Landry, a partner at Innogence Consulting in Kinshasa, notes that “these new Geological Research Zones are key to unlocking long-term investor confidence and will drive a more transparent, regulated approach to resource management.”

The government’s latest reforms include clearer mining codes, improved contract oversight, and initiatives to attract climate-resilient energy investments to power mining operations. Yet, persistent security threats in the east of the country continue to raise concerns. Analysts emphasize the importance of fair and sustainable foreign partnerships to ensure Congolese communities benefit from the boom.

“Managing partnerships equitably will be essential. The DRC must insist on technology transfers, local job creation, and environmental standards,” Landry added.

Women Driving the Future: Spiro Launches All-Female EV Assembly Line in Kenya

In Nairobi, a historic milestone was marked with the launch of Africa’s first all-women electric vehicle (EV) assembly line by Spiro, the continent’s largest EV manufacturer. This groundbreaking initiative merges clean energy innovation with gender empowerment, challenging norms in a male-dominated industry.

The facility not only champions eco-friendly transport solutions but also offers new employment and upskilling opportunities for women in STEM and technical trades. Spiro’s initiative is seen as a blueprint for inclusive industrialization in Africa’s growing green economy.

“This is not just about EVs , it’s about rewriting the narrative of what women can do in heavy industry and in the climate transition,” said a spokesperson for the company.

Afreximbank’s $3B Energy Facility to Curb Fuel Import Dependence

Meanwhile, Afreximbank has announced a $3 billion credit facility aimed at reducing Africa’s dependence on imported fuels, a major drain on national budgets and trade balances. The initiative supports regional refining hubs and infrastructure projects, including Nigeria’s Dangote Refinery and Angola’s Lobito and Cabinda refineries.

The facility is expected to catalyze intra-African energy trade, boost self-sufficiency, and help stabilize fuel prices across the continent. From mineral-rich provinces to solar-powered cities, Africa is asserting its potential, one reform, innovation, and empowered workforce at a time.

ed*******@********ws.com (Afolake Oyinloye)
Read More

Latest

How Does an LLC Work?

An LLC, or Limited Liability Company, combines the advantages of corporations and partnerships, providing personal liability protection for its members. This means your personal assets are shielded from business debts. Moreover, LLCs typically enjoy pass-through taxation, which simplifies how profits and losses are reported on personal tax returns. With flexibility in management structure, LLCs can

Wintermute Launches Armitage DeFi Vault Platform for Institutions

You are here: Home / Cryptocurrency News / Wintermute Launches Armitage DeFi Vault Platform for Institutions Wintermute has announced Armitage, a new DeFi vault curation business for professional investors and institutions. The algorithmic trading firm said the product will support risk management and yield generation in decentralized lending markets through on-chain, non-custodial vaults for users

What Is a Sole Proprietor Business?

A sole proprietor business is a straightforward structure where you’re the sole owner, and there’s no legal distinction between you and your business. This means you have complete control over operations and profits, but it additionally means you bear personal responsibility for any debts or liabilities. With minimal paperwork and simple tax management, it’s an

SUI Price Eyes $1.50 as Ramp Integration Boosts Bullish Momentum

You are here: Home / Cryptocurrency News / SUI Price Eyes $1.50 as Ramp Integration Boosts Bullish Momentum SUI price has gained momentum following Ramp’s announcement to support Sui-based USDC payments, driven by growing optimism around Sui’s expanding payment and utility ecosystem. Stablecoin payment integrations are becoming increasingly important for Layer-1 ecosystems as blockchain networks

Newsletter

Don't miss

How Does an LLC Work?

An LLC, or Limited Liability Company, combines the advantages of corporations and partnerships, providing personal liability protection for its members. This means your personal assets are shielded from business debts. Moreover, LLCs typically enjoy pass-through taxation, which simplifies how profits and losses are reported on personal tax returns. With flexibility in management structure, LLCs can

Wintermute Launches Armitage DeFi Vault Platform for Institutions

You are here: Home / Cryptocurrency News / Wintermute Launches Armitage DeFi Vault Platform for Institutions Wintermute has announced Armitage, a new DeFi vault curation business for professional investors and institutions. The algorithmic trading firm said the product will support risk management and yield generation in decentralized lending markets through on-chain, non-custodial vaults for users

What Is a Sole Proprietor Business?

A sole proprietor business is a straightforward structure where you’re the sole owner, and there’s no legal distinction between you and your business. This means you have complete control over operations and profits, but it additionally means you bear personal responsibility for any debts or liabilities. With minimal paperwork and simple tax management, it’s an

SUI Price Eyes $1.50 as Ramp Integration Boosts Bullish Momentum

You are here: Home / Cryptocurrency News / SUI Price Eyes $1.50 as Ramp Integration Boosts Bullish Momentum SUI price has gained momentum following Ramp’s announcement to support Sui-based USDC payments, driven by growing optimism around Sui’s expanding payment and utility ecosystem. Stablecoin payment integrations are becoming increasingly important for Layer-1 ecosystems as blockchain networks

Tesla’s Business Has Become Much More Diversified in Just the Past Five Years. Does That Make Its Stock a Better Buy Today?

Key Points Tesla's energy generation and storage segment generated 27% revenue growth last year. The company's non-automotive segments were able to help offset a double-digit decline in auto revenue in 2025. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) is known for its electric vehicles (EVs), and while they

WD sees sustainability as key business driver in an ‘AI economy’

Hard drive company WD promoted long-term operations and sustainability executive Jackie Jung to become its first chief sustainability officer in February, as it steps up sales to companies building AI data centers. Her vision: Turn sustainability into a “brand” for WD, a strategy that reduces risk for the $6 billion company (formerly known as Western

5 Business Ideas Worth Starting in 2026

If there is one thing Nigerians understand well, it is how to spot opportunity inside hardship. In 2026, that mindset will matter more than ever. The economy is tough, competition is rising, and many people are looking for smarter ways to earn, build, and survive. But even in a difficult environment, some businesses still stand