Rwanda is actively revising its mineral taxation policies, aiming to enhance domestic value addition to minerals and curtail the export of unprocessed raw materials. This initiative, encapsulated in a proposed bill currently under review in parliament, is poised to replace the existing 2013 mineral tax legislation. The rationale behind the bill, as detailed in an…
In a significant policy pivot aimed at bolstering domestic value addition and attracting investment, the Nigerian government has declared a new directive that mandates mining companies to commit to local processing of minerals to be eligible for mining licenses. This approach marks a departure from the nation’s traditional strategy of exporting unprocessed raw materials. According…
Burkina Faso’s junta-led government recently initiated the construction of its inaugural gold refinery, aiming to refine the country’s primary mineral resource on-site. With a daily capacity of approximately 400 kilograms (880 pounds) of gold, the refinery is anticipated to generate 100 direct jobs and 5,000 indirect employment opportunities, as announced by Ismael Siby, CEO of…