Africa’s mining sector is witnessing a surge in mergers and acquisitions, with today’s reports confirming new joint ventures and equity deals in copper, lithium, and gold assets. Canadian firm Ivanhoe Mines has entered into a strategic partnership with a Congolese junior to develop a new copper-cobalt concession near Kolwezi, while Australian miner Prospect Resources has acquired a controlling stake in a lithium project in Zimbabwe’s Bikita region.
Private equity funds are also increasing their exposure to African mining, with several new vehicles launched to target mid-tier producers and greenfield exploration. The uptick in deal-making is driven by strong commodity prices, favorable geology, and improved regulatory clarity in key jurisdictions.
Governments are responding by tightening due diligence requirements and introducing local ownership thresholds to ensure community participation. The upcoming African Mining Week follow-up forum in Lusaka is expected to feature additional investment announcements, with Zambia, Tanzania, and Ghana positioning themselves as preferred destinations for mining capital.
Industry observers say the current investment climate could reshape Africa’s mining landscape over the next decade, with increased emphasis on sustainability, transparency, and regional integration.