Industry

With among the largest gas reserves in the world, Algeria is set to emerge as one of the largest international producers of phosphates in the coming years. Together with cheap energy prices and its close proximity to a range of markets, these factors make the country ideally suited to large-scale fertiliser production and export. Domestic...

Despite the availability of cheap energy and a range of local natural resources, non-hydrocarbons industry in Algeria has been slow to develop. However, amid efforts by the government to prioritise the sector as part of its diversification plans, there are signs that it is beginning to take off, supported by incentives for investment and the...

The launch of gold production at several new mining sites and a recovery in gold prices appear to be offsetting a trend towards decline in Ghana’s gold production and revenue, while ongoing exploration backed by greenfield investments is signalling further untapped potential in the country’s gold mining. These developments, along with the...

With prices on stronger ground in global markets, mining companies are starting to display renewed interest in gold mining. In Ghana, this precious metal represents more than 80% of mining activities, and an uptick in gold prices has led to flurry of activity, with companies signing agreements, initiating production and seeking land for...

Following a lengthy process that included various stakeholder consultations and independent reviews, Ghana adopted a Minerals and Mining Policy in February 2016. The policy provides a comprehensive framework for sector governance, seeking to ensure it works as a catalyst for economic growth and contributes to sustainable development.

While helping to increase exports, Ghana’s depreciating currency, the cedi, has had a negative impact on a number of local industries relying on imported inputs, like manufacturing. As 2016 reached its close, though, a combination of measures appeared to be contributing to greater currency stability.