Gold Rush 2.0: Billions Flow into Africa’s Mining Sector

Africa, the world’s second-largest gold-producing region, is experiencing a surge in mining investment in 2025. Driven by high global demand and favorable prices, billions of dollars are pouring into projects across Ghana, South Africa, Ivory Coast, Mali, Ethiopia, and Uganda.

Highlights include:

• South Africa’s IDC loaned $35 million to Theta Gold Mines for its Transvaal Gold Estate.

• Asante Gold secured $470 million to expand operations in Ghana.
• Montage Gold received $125 million from China’s Zijin Mining for its Koné Project.

•Uganda launched a $50 million gold refinery to boost in-country value addition.
These investments reflect growing confidence in Africa’s gold sector and underscore the need for robust infrastructure, local beneficiation, and community engagement.

The upcoming African Mining Week in Cape Town will spotlight these developments, with a dedicated Gold Summit focused on financing, policy, and sustainable growth.