Red Rock Resources has awarded a drilling contract to Base Drilling and Mining Services for a reverse circulation (RC) drill program at the Mikei Gold Project in Kenya. According to the UK-based natural resource exploration and development company, the RC drill program will be for a minimum of 2,000m in the central part of the […]
Africa Oil, a Canadian oil and gas company, has secured license extension from the Kenyan government for Blocks 10BB and 13T. As per the terms of the extension, the joint venture partners, which includes Tullow Oil, hold the right to extend the second exploration period for the 10BB and 13T licence blocks until 31 December […]
Shanta Gold, an East Africa-focused gold producer, has wrapped up its previously announced acquisition of Acacia Exploration (Kenya) from three subsidiaries of Barrick Gold. The deal gives Shanta Gold ownership of Acacia Exploration’s main asset, which is a 100% interest in licences that include an existing high-grade NI 43-101 compliant resource in West Kenya. The […]
Amethis, an Africa-focused investment fund manager, and its partners have bought a minority stake in Kenyan supermarket chain Naivas Group. The other investors joining the France-based Amethis in the acquisition were DEG, MCB Equity Fund and World Bank Group member IFC. The financial details of the transaction were not disclosed. Founded in 1990 by the […]
The World Health Organization (WHO) has announced a pivotal step in global health: the initiation of the world’s first malaria vaccine trials in Ghana, Kenya, and Malawi next year. This groundbreaking trial aims to combat one of the world’s most severe health challenges, particularly affecting young children at high risk of death. Pioneering Development in […]