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

Embracer Will Spin-Off ‘Fellowship Entertainment’ Into Its Own Company

"this approach represents the most effective long-term solution" by Ollie Reynolds 40 mins ago Image: Amazon Game Studios Embracer has announced its intention to spin-off Fellowship Entertainment into its own company in 2027. In the press release, founder Lars Wingefors states that the approach "represents the most effective long-term solution" for Embracer, with the intention

2027 NFL Draft Prospect Interview: Mikey D’Amato, LB, Cal Poly

2027 NFL Draft Prospect Interview: Mikey D’Amato, LB, Cal Poly Name: Mikey D’Amato Position: LB College: Cal Poly Height: 6′ 0″ Weight: 235 lbs X: @mikeydamato2 Instagram: @mikey_damato_ What made you decide you wanted to be a football player? It’s kind of in my blood, my pops he actually played in the NFL so honestly

These Types Of Vehicles Typically Depreciate Faster Than Others

Every gearhead has been in this situation. You're surfing through eBay Motors or Facebook Marketplace looking for cars, either just for fun or because you want a new project, and you see it: a European luxury car like a Mercedes S-Class, a BMW 7 Series, or something wild like a Maserati. The price is really

Roundtables: Inside the Musk v. Altman Trial

Watch subscriber-only discussion going behind the scenes of the trial and the implications for the AI race. Available only for MIT Alumni and subscribers. Listen to the session or watch below Elon Musk lost his suit against OpenAI, in which he alleged CEO Sam Altman and President Greg Brockman had deceived him over the company’s

Newsletter

Don't miss

Embracer Will Spin-Off ‘Fellowship Entertainment’ Into Its Own Company

"this approach represents the most effective long-term solution" by Ollie Reynolds 40 mins ago Image: Amazon Game Studios Embracer has announced its intention to spin-off Fellowship Entertainment into its own company in 2027. In the press release, founder Lars Wingefors states that the approach "represents the most effective long-term solution" for Embracer, with the intention

2027 NFL Draft Prospect Interview: Mikey D’Amato, LB, Cal Poly

2027 NFL Draft Prospect Interview: Mikey D’Amato, LB, Cal Poly Name: Mikey D’Amato Position: LB College: Cal Poly Height: 6′ 0″ Weight: 235 lbs X: @mikeydamato2 Instagram: @mikey_damato_ What made you decide you wanted to be a football player? It’s kind of in my blood, my pops he actually played in the NFL so honestly

These Types Of Vehicles Typically Depreciate Faster Than Others

Every gearhead has been in this situation. You're surfing through eBay Motors or Facebook Marketplace looking for cars, either just for fun or because you want a new project, and you see it: a European luxury car like a Mercedes S-Class, a BMW 7 Series, or something wild like a Maserati. The price is really

Roundtables: Inside the Musk v. Altman Trial

Watch subscriber-only discussion going behind the scenes of the trial and the implications for the AI race. Available only for MIT Alumni and subscribers. Listen to the session or watch below Elon Musk lost his suit against OpenAI, in which he alleged CEO Sam Altman and President Greg Brockman had deceived him over the company’s

Interview: How Volvo built software for a two-and-a-half-tonne moving object

Anders Bell points to his grey hair and laughs. “Three years ago, it was still blond and curly,” says Volvo’s chief engineering and technology officer. The remark is more than self-deprecating. It captures what Volvo has been through: five years of building a software-defined vehicle (SDV) from scratch, as a traditional carmaker, with no blueprint

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