Bureau of International Labor Affairs’ Post

🌍📈 Status of Domestication of Africa Mining Vision in Ghana's ASM Sub-Sector! 📈🌍 Ghana is making strides in aligning with the Africa Mining Vision (AMV), but several critical issues still need attention. From policy frameworks and environmental issues to financing, taxation, and occupational health, there are many areas to discuss! 💬 We want to hear from YOU!  1️⃣ How can Ghana strengthen its policy and regulatory frameworks for the ASM sector?  2️⃣ What steps should be taken to improve environmental regulations and enforcement?  3️⃣ How can the ASM sector ensure better occupational health and safety standards?  4️⃣ What role should the government play in financing and taxation to support ASM operations?  5️⃣ How can ASM promote sustainable livelihoods and community development? Share your thoughts, solutions, and experiences in the comments! Let's work together to build a sustainable future for Ghana's mining sector! 💬👇 #MiningVision #Ghana #SustainableMining #ASM #AfricaMiningVision #EnvironmentalIssues #PolicyFrameworks #TrustAfrica #SARW

Zambia plans to create a state-owned company to develop copper assets. According to Bloomberg, the Zambian government plans to create a state-owned company to develop the copper industry. It will be given rights to about 40 promising sites with copper reserves. This company will negotiate with potential foreign investors and participate in all projects as a minority partner. It will also transfer airborne geophysical exploration data, which is carried out at the expense of the state. In 2023, copper production in Zambia fell to 698.6 thousand tons - the lowest level in the last 14 years. The peak of 837 thousand tons was reached in 2020. One of the reasons for the decline was the power shortage. Nevertheless, the Zambian government hopes that with the help of the new state-owned company it will be possible to speed up the implementation of projects. Due to this, copper production in the country is planned to increase more than 4 times compared to the current level and reach about 3 million tons per year in the early 1930s. About two-thirds of current copper production in Zambia comes from the enterprises of Canadian companies First Quantum Minerals and Barrick Gold. Both of them are planning to expand production. At the same time, First Quantum, according to Reuters, is negotiating the sale of a minority stake with Saudi Manara Minerals. The Canadian company, whose largest mine Cobre Panama has been idle since December 2023, closed by order of the country's government, is in dire need of cash. https://lnkd.in/erXhYzhz #butov #oilgasmarket #oilgasworld #innovation #management #humanresources #technology #digitalmarketing #entrepreneurship #careers #socialmedia #socialnetworking #futurism #startups #branding #advertisingandmarketing #creativity #marketing #sales #motivation #energy #money #sustainability #productivity #gettingthingsdone #leadership #education #strategy #business #europe #mindfulness #inspiration #engineering #africa #india #europeanunion #china #smallbusiness #success #production #oilandgas #collaboration #contentmarketing #research #globaltrade #onlineadvertising #dubai #kenya #abudhabi #socialmediamarketing #manufacturing #climatechange #oilandgas #work #oilgas #science #logistics #hydrocarbons #shipping #growth #uae #marketresearch #oil #oilindustry #oilandgasindustry #agriculture #designer #oilfield #oilindustry #petroleum #trading #gas #chemistry #chemical #petrochemical #agro #refinery #import #export #industrial #agribusiness #quality 

The Zambia-Lobito greenfield rail project will break ground in early-2026, according to the project’s lead developer the Africa Finance Corporation (AFC). The project will link key mining regions, agriculture clusters and businesses in Zambia and the Democratic Republic of Congo (DRC) to the Port of Lobito in Angola. 👉Read the Full Story Here: https://hubs.la/Q02-Hg2H0 Upon completion, the rail corridor is expected to reduce travel time from the Zambian and DRC copperbelts and reduce 300,000 tons of annual CO2 emissions. The Lobito rail project is being developed by the Lobito Corridor consortium, comprising the AFC alongside the U.S. government, the European Union the African Development Bank Group and the governments of Angola, the DRC and Zambia. 🗞️Enhance your African knowledge. Join the ECP newsletter to gain more insight into the African energy industry, visit: https://hubs.la/Q02-HhX10 #ECPNews #AfricanEnergy #InvestinAfrica #Zambia #DRC #Railway #Mining

This post educates on the investment potential in the Democratic Republic of the Congo (DRC), known for its rich natural resources and economic prospects. Here are key areas for investment: 🌿 **Mining Sector**: The DRC boasts significant copper, cobalt, and diamond reserves. Sustainable mining practices can drive value and eco-friendly operations. 🌿 **Agriculture**: With vast arable land, the DRC can emerge as a global agriculture hub. Investment in cash crops and food processing can spur growth. 🌿 **Energy**: Projects like the Inga Dam offer clean energy investment opportunities, catering to local needs and export markets. 🌿 **Infrastructure Development**: The DRC's infrastructure overhaul opens avenues in transportation, telecommunications, and urban expansion. Investing in the DRC not only yields financial gains but also supports the nation's sustainable progress. Let's seize these opportunities for impactful growth together! #InvestmentOpportunities #DRC #SustainableDevelopment #AfricaRising

DRC is in the news, this time around, it’s about the role it’s likely to play in Europe’s green energy future given its vast deposits of critical minerals, copper and #cobalt in particular. Allow me to mention here that DRC commands two thirds of the world’s cobalt production and it’s no surprise that many developed nations are looking to the Congo as a suitable supply source of cobalt. As this demand grows, it’s my hope that we will start seeing investment inflows into the country that mirror the country’s development/growth agenda and catalyze local mineral value addition. Currently, DRC’s cobalt finds its way to #China where it’s processed, this for me represents a significant source of #revenue leakage. Perhaps DRC should now start thinking of convincing European investors to set up processing and battery manufacturing plants locally then shipping a finished product, this is where value is. This demand, for me, presents further opportunities for neighboring countries like #Zambia. Given the recent investments we’ve seen going into developing railway #infrastructure especially the Lobito Corridor, a 1300km railway 🚃 line connecting DRC and Zambia to the port in Angola, Zambia is guaranteed of safe and seamless passage of its minerals to Asia, US etc. My only hope is that as this scramble for critical minerals continues, we should prioritize local value addition and infrastructure development. These mineral rich countries should not just be sources of these resources but should be hubs where processing and manufacturing happens. Rafiki Energy 🔋

🌍 Interested in investing in the Zambian #copper industry? Join the EU-Zambia Business Forum 2024, dedicated to “Growing the Copper Industry in Zambia through Green Value Chains”, and taking place in Kitwe, Zambia, between 10-12 April. The event aims to: 🟢 Showcase #investment opportunities for copper value addition in #Zambia 🟢 Facilitate #b2b and #b2g matchmaking 🟢 Foster connections between European and Zambian companies and between European investors and Zambian Government CSR Europe’s Executive Director, Stefan Crets, will take part in the event and present the business case of Drive Sustainability and the methodology developed to foster responsible #sourcing and #duediligence practices in the battery value chain in South Africa. 𝗪𝗵𝗼 𝘀𝗵𝗼𝘂𝗹𝗱 𝗮𝘁𝘁𝗲𝗻𝗱? Businesses operating in #mining, smelters/refinery/processing, copper-based #manufacturing, #energy, services to mines, #circulareconomy, #skills development, #construction material 𝗣𝗮𝗿𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗳𝗿𝗲𝗲 but requires application 👉 https://shorturl.at/dFJK0 #EUZBF #engaged4change #eugreendeal #sustainability #greentransition #supplychainsustainability

"These mineral rich countries should not just be sources of these resources but should be hubs where processing and manufacturing happens". #Ethiopia #Africa #Energyaccess #PIDAWEEK

Julius Mwale Extra Africa FDI adds no value to the local economy. Africa needs a radical shift in prioritizing local investors. Julius Mwale is spearheading a transformative initiative in Zambia's industrial sector, focusing on enhancing local economies and maximizing the potential of local investors. Collaborating with President Hakainde Hichilema, Mwale's consortium is set to revolutionize Zambia's industrial landscape with a $2.4 billion investment plan. The strategic move to secure $150 million for exploring copper deposits near the DRC border positions Zambia as a key player in the global mineral supply chain, aligned with the energy transition goals. This visionary project aims to establish value-added industries, create job opportunities, and replicate past successes, promising a prosperous future for sustainable economic growth in the region. #FDI #AfricanTradeAgreement #IndustrialDevelopment #SustainableDevelopment

⛏ Planning to attend the #EUZambiaBusinessForum in #Kitwe, Zambia next month? ▫ Executive Director Stefan Crets, CSR Europe will partake in conversations on behalf of CSRE and Drive Sustainability on how the sourcing of #rawmaterials, such as copper-ore, can contribute to the development of local value chains, enhance local socio-economic impacts and increase the availability of sustainably sourced raw materials for the green transition. ▫ Concrete examples such as the gained experience in the #Extractives4Sustainability project* carried out in South Africa & the DRC, will be shared to highlight that the empowerment of local actors in the sustainability journey is essential to advance #sustainability in the #miningsector. 👇 More details & registration below! *𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘴𝘶𝘱𝘱𝘰𝘳𝘵𝘰𝘧 𝘵𝘩𝘦 Federal Ministry for Economic Cooperation and Development (BMZ) 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘵𝘩𝘦 Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH #CopperIndustry #GlobalGateway #DriveSustainability

DRC is in the news, this time around, it’s about the role it’s likely to play in Europe’s green energy future given its vast deposits of critical minerals, copper and #cobalt in particular. Allow me to mention here that DRC commands two thirds of the world’s cobalt production and it’s no surprise that many developed nations are looking to the Congo as a suitable supply source of cobalt. As this demand grows, it’s my hope that we will start seeing investment inflows into the country that mirror the country’s development/growth agenda and catalyze local mineral value addition. Currently, DRC’s cobalt finds its way to #China where it’s processed, this for me represents a significant source of #revenue leakage. Perhaps DRC should now start thinking of convincing European investors to set up processing and battery manufacturing plants locally then shipping a finished product, this is where value is. This demand, for me, presents further opportunities for neighboring countries like #Zambia. Given the recent investments we’ve seen going into developing railway #infrastructure especially the Lobito Corridor, a 1300km railway 🚃 line connecting DRC and Zambia to the port in Angola, Zambia is guaranteed of safe and seamless passage of its minerals to Asia, US etc. My only hope is that as this scramble for critical minerals continues, we should prioritize local value addition and infrastructure development. These mineral rich countries should not just be sources of these resources but should be hubs where processing and manufacturing happens. Rafiki Energy 🔋