Investment
Over US$6.6 billion in M&A and capital raising axed by COVID-19
The total value of mining deals - including M&A and capital raising - declined by US$5.3 billion in Q2, 2020 due to the COVID-19 pandemic.
Energy
COVID-19 highlights need for renewable energy systems
COVID-19 has highlighted the need for Africa to develop flexible energy systems in renewables and decentralised technologies.
Health and safety
IMF approves US$152.61 million for Gabon’s COVID-19 efforts
This is the second purchase COVID-19 under the RFI to Gabon. It aims at helping Gabon in meeting its urgent balance of payments needs.
Diamonds & Gemstones
IMF approves US49.1 million for COVID-19 support in Lesotho
"The COVID-19 crisis heightens the importance of a steadfast implementation of pro-growth reforms to ensure sustainable and inclusive medium-term growth.”
Gold
COVID-19 hits gold consumer demand in H1,2020
“COVID-19 created the perfect storm for gold investment as liquidity injections and record low interest rates significantly cut the cost of carrying gold."
Health and safety
IMF approves US$4.3 billion for South Africa for COVID-19 efforts
The COVID-19 pandemic is evolving in South Africa at a challenging time. With severe structural constraints to growth and economic activity.
Health and safety
AFdB approves R5 billion loan for COVID-19 efforts in South Africa
The AFdB has approved a loan of approximately US$288 million to South Africa, as the country battles one of the largest COVID-19 caseloads in the world.
Gold
B2Gold contributes to COVID-19 relief efforts in Namibia
Gold producer B2Gold Corp., which operates the Otjikoto mine in Namibia, has contributed US$2 million to assist the Namibian government's COVID-19 relief programme.
Health and safety
Securing mining supply chains under COVID-19 lockdown
COVID-19 restrictions around southern Africa have put the spotlight on supply security, for inputs like explosives and specialised blasting services.
Health and safety
Khumbul’ekhaya supports industry’s COVID-19 response
The Khumbul’ekhaya strategy will continue in 2020 with great intensity, with many of Khumbul’ekhaya interventions re-purposed to deal with COVID-19.
