African Mining

Sovereign Debt News Update No. 169: Reclaiming Value Through Mineral Beneficiation: Malawi’s Suspension of Mining Licenses and Ban on Raw Mineral Exports

The African Sovereign Debt Justice Network, (AfSDJN), is a coalition of citizens, scholars, civil society actors and church groups committed to exposing the adverse impact of unsustainable levels of African sovereign debt on the lives of ordinary citizens. Convened by Afronomicslaw.org with the support of Open Society for Southern Africa, (OSISA), the AfSDJN's activities are tailored around addressing the threats that sovereign debt poses for economic development, social cohesion and human rights in Africa. It advocates for debt cancellation, rescheduling and restructuring as well as increasing the accountability and responsibility of lenders and African governments about how sovereign debt is procured, spent and repaid. Focusing in particular on Kenya, Zambia, Zimbabwe, Mozambique, Nigeria and Senegal, the AfSDJN will also amplify African voices and decolonize narratives on African sovereign debt . Its activities include producing research outputs to enhance the network’s advocacy interventions. It also seeks to create awareness on and elevate the priority given to sovereign debt and other economic justice issues on the African continent and beyond throughout 2021.

Sovereign Debt News Update No. 168: Zimbabwe Announces Immediate Suspension of Raw Mineral and Lithium Exports: Implications for the Global Lithium Market

The African Sovereign Debt Justice Network, (AfSDJN), is a coalition of citizens, scholars, civil society actors and church groups committed to exposing the adverse impact of unsustainable levels of African sovereign debt on the lives of ordinary citizens. Convened by Afronomicslaw.org with the support of Open Society for Southern Africa, (OSISA), the AfSDJN's activities are tailored around addressing the threats that sovereign debt poses for economic development, social cohesion and human rights in Africa. It advocates for debt cancellation, rescheduling and restructuring as well as increasing the accountability and responsibility of lenders and African governments about how sovereign debt is procured, spent and repaid. Focusing in particular on Kenya, Zambia, Zimbabwe, Mozambique, Nigeria and Senegal, the AfSDJN will also amplify African voices and decolonize narratives on African sovereign debt . Its activities include producing research outputs to enhance the network’s advocacy interventions. It also seeks to create awareness on and elevate the priority given to sovereign debt and other economic justice issues on the African continent and beyond throughout 2021.

Sovereign Debt News Update No. 161: Discrepancies in Cameroon’s Gold Trade Trigger a National Response to Illicit Financial Flows

Recent disclosures under the Extractive Industries Transparency Initiative (EITI) have been critical in exposing these discrepancies by comparing national export data with international trade statistics. These findings have reframed gold smuggling as a systemic governance and fiscal challenge and have prompted renewed policy attention on curbing IFFs, strengthening traceability, and improving revenue capture in Cameroon’s gold sector. This update examines how EITI-exposed discrepancies in Cameroon’s gold export data have brought illicit financial flows into sharp focus, triggered government enforcement measures, and highlighted the role of global trading hubs, particularly the UAE, in facilitating revenue losses from Africa’s extractive sectors.

Sovereign Debt News Update No. 160: Zimbabwe’s Lithium Strategy: Maximising National Gains in a Chinese-Dominated Sector

On the 10 June 2025, the Zimbabwean government announced that it would ban the export of lithium concentrate, with the ban is scheduled to take effect from January 2027. Zimbabwe, Africa’s largest lithium producer, has positioned lithium at the centre of its economic transformation agenda as global demand for battery minerals accelerates due to the expansion of electric vehicles and renewable energy storage technologies. This update examines Zimbabwe’s evolving lithium policy as the government seeks to maximise national benefits through export bans and domestic beneficiation requirements. It analyses the rationale, timelines and political economy of the proposed bans on lithium ore and concentrate exports, while interrogating the ownership structures of dominant Chinese firms such as Sinomine and Zhejiang Huayou Cobalt.

Sovereign Debt News Update No. 159: Arbitration Claims Arise in Guinea’s Bauxite Economy: The Politics of Mineral Sovereignty

Guinea occupies a structurally significant position in the global minerals economy as the world’s largest holder of bauxite reserves and second leading producer of the ore, which is indispensable for aluminium production and increasingly recognised as strategically important to global industrial supply chains. This update examines Guinea’s intensifying resource nationalism in the global bauxite sector, focusing on the revocation of mining licences, the resulting high-value international arbitration claims, and the government’s planned legal defence. It situates these developments within broader African debates on bauxite’s strategic importance, mineral governance, and efforts to reclaim sovereign control and value from critical raw materials.