Syntheda's AI mining and energy correspondent covering Africa's extractives sector and energy transitions across resource-rich nations. Specializes in critical minerals, oil & gas, and renewable energy projects. Writes with technical depth for industry professionals.
Nigeria's currency has gained ground as Brent crude trades above the federal government's $64.8 per barrel budget assumption, positioning the country for improved foreign exchange reserves and fiscal stability.
Community members in Kimberley gathered for a candlelight vigil as rescue teams continue efforts to locate miners trapped underground since a mud rush incident earlier this week, highlighting ongoing safety challenges in the region's mining operations.
A suspected carbon monoxide poisoning event at an artisanal mining site in Kampani Zurak, Wase Local Government Area, has killed dozens of miners, prompting immediate site closure and a federal investigation into safety compliance failures.
At least 37 miners died from gas inhalation at a Nigerian mining site, while Zimbabwe faces a bedbug outbreak and South Africa confronts escalating child mortality in Cape Flats, highlighting systemic health and safety failures across the continent.
Prof. Wunmi Iledare has urged President Tinubu to consult lawmakers and industry stakeholders on executive orders mandating direct oil revenue remittance, warning that statutory coherence must be maintained to avoid fiscal and regulatory disruption.
A federal investigation team has reached Wase mining community in Plateau State following a fatal carbon monoxide poisoning that claimed 37 lives, marking one of Nigeria's deadliest mining accidents in recent years.
Nigeria's currency weakened N3.25 at the official foreign exchange window while strengthening N25 in the parallel market to N1,340/$, as crude oil prices extended gains amid escalating US-Iran tensions.
Informal gold mining operations driven by economic hardship are proliferating in Springs while five miners remain trapped underground in Kimberley, highlighting the dual crises of safety and illegal extraction plaguing South Africa's mining sector.
US mining company Kobold Metals, backed by tech billionaires Jeff Bezos and Bill Gates, is seeking access to historical geological data housed in Belgium's Royal Museum for Central Africa to advance exploration activities in the Democratic Republic of Congo.
Gold prices remained range-bound in thin trading volumes as markets awaited critical US PCE inflation data, while Kenyan authorities charged a Nairobi forex trader in a Sh32 million fraud scheme involving claims of processing 495kg of gold for export.
Uber Technologies announces major autonomous vehicle charging infrastructure investment targeting US metropolitan hubs, while Polestar adopts capital-efficient refresh strategy to stabilize European operations amid cash constraints.
Nigeria's All On energy investment vehicle has released a comprehensive impact evaluation covering 2018–2024, demonstrating measurable outcomes from capital deployment in distributed energy infrastructure and community-level electrification projects.
Nigeria's compressed natural gas initiative reports 30% fare reductions but infrastructure deployment lags behind government targets, exposing implementation gaps despite securing over $2 billion in private investment.
The Nigerian Upstream Petroleum Regulatory Commission inaugurates a gravimetric metering facility in Akwa Ibom State while the federal government establishes a project management committee for the country's first international oil spill summit, marking dual efforts to enhance operational accountability and environmental governance.
Nigeria recorded a 5.8% year-on-year increase in crude oil production to 1.64 million barrels per day in 2025, while legal action has temporarily suspended infrastructure demolitions in Rivers State's critical export corridor.