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Burundi
Central bank to process its own gold to stabilise Burundian franc

To boost its forex reserves and thereby shore up its struggling currency and economy, Burundi's central bank is planning to make better use of its gold reserves. [...]

Published on 15/11/2021 at 06:00 GMT Reading time 2 minutes

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Finance, Mining

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Banque de la Republique du Burundi
Covid-19
Evariste Ndayishimiye
International Monetary Fund
Pierre Nkurunziza

Burundi
Bujumbura tries to recover Nkurunziza-era loot

Associates of late former president Pierre Nkurunziza are in the crosshairs of Burundian financial investigators. Several million dollars and gold ingots were sent abroad during his three terms in office, which were marked by national isolation and a sharp depreciation of its currency.

Subscribers only Politics 02.07.2024

Pierre Nkurunziza during a campaign rally in Bujumbura on 16 May 2020.

Burundi
Bujumbura to make fresh EITI mining transparency application

Burundi did not go through with its initial application in 2015 to join the Extractive Industries Transparency Initiative and is now keen to try again. The country has significant reserves of gold, rare earths, coltan and nickel.

Subscribers only Mining 10.11.2023

Burundi
Verdicts imminent in Burundi property seizure cases

Two businessmen are suing the Burundian state at the East African Court of Justice. One alleges that it nationalised his factory without offering any compensation, while the other is claiming millions of dollars from the government for seizing his property illegally.

Subscribers only Politics, Business 30.09.2022

Burundi
New proposal expected for mining code reform

Burundi is looking to reform its mining code as quickly as possible to make it better suited to deal with growing interest from foreign investors in its strategic rare earth and nickel resources. The government has nevertheless asked for changes to be made to the first draft of the revised code.

Subscribers only Mining 31.03.2022

Burundi, Rwanda, Uganda
Warming of Kagame-Museveni relations raises hopes for route to Bujumbura

The reopening of the Ugandan-Rwandan border could lead to a trade corridor to Burundi. Neighbours and rivals in the Great Lakes are determined to put aside their differences to revive badly affected economies.

Subscribers only Business, Diplomacy 31.01.2022

Rwandan President Paul Kagame and his Ugandan and Burundian counterparts Yoweri Museveni and Evariste Ndayishimiye.

Burundi
Will US stake help Rainbow Rare Earths get its mine reopened?

Rainbow Rare Earths is highlighting the indirect presence of the US government in its capital, as Burundi seeks to position itself as an alternative to China for the supply of rare earths to Western countries, primarily the United States.

Subscribers only Mining 09.11.2021

Activity at the Gakara mine is still suspended.

Burundi
Government hires Advisum Expertise to help develop nickel

Bujumbura has hired a consulting firm to help it find financial partners to develop the Musongati nickel mine.

Subscribers only Mining 15.09.2021

Burundi's president Evariste Ndayishimiye.

Tunisia
Saied plays army spies and 'ill-gotten gains' as trump cards

First he suspended parliament and sacked the prime minister. Now the president plans to turn up the heat on his political enemies by co-opting military intelligence agents in a renewed bid to recover embezzled billions.

Subscribers only Politics 29.07.2021

Tunisian President Kais Saied addresses the nation, 25 July 2021.

Burundi
As big players move in, govt shores up a mining code written for shovels and picks

Current legislation is ill-equipped to cope with the advent of mechanisation brought about by investors' needs for new supplies of rare earths and nickel. Time for a re-write.

Subscribers only Mining 27.04.2021

Burundi, Tanzania
Coltan miners strain to reach Dar es-Salaam

Since the beginning of the Covid-19 pandemic, Burundi's mining companies have been unable to export their production, as regularly closed borders make it impossible for them to reach the port in Dar es-Salaam.

Subscribers only Mining 17.12.2020

Exporting 3T (tin, tantalum and tungsten) from Burundi.

On our other sites

World Bank takes on new anticorruption investigators

The institution's latest report on combating fraud and corruption is due to be published in October. Internally, it began taking steps to crack down harder earlier this year.

Subscribers only Intelligence Online 22.09.2021

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Banque de la Republique du Burundi
Covid-19
Evariste Ndayishimiye
International Monetary Fund
Pierre Nkurunziza

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Burundi
Central bank to process its own gold to stabilise Burundian franc

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Set up email notifications for these topics

Burundi
Bujumbura tries to recover Nkurunziza-era loot

Burundi
Bujumbura to make fresh EITI mining transparency application

Burundi
Verdicts imminent in Burundi property seizure cases

Burundi
New proposal expected for mining code reform

Burundi, Rwanda, Uganda
Warming of Kagame-Museveni relations raises hopes for route to Bujumbura

Burundi
Will US stake help Rainbow Rare Earths get its mine reopened?

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Government hires Advisum Expertise to help develop nickel

Tunisia
Saied plays army spies and 'ill-gotten gains' as trump cards

Burundi
As big players move in, govt shores up a mining code written for shovels and picks

Burundi, Tanzania
Coltan miners strain to reach Dar es-Salaam

World Bank takes on new anticorruption investigators

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Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

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Burundi Central bank to process its own gold to stabilise Burundian franc

This article may be accessed by subscribers

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create a free account

Set up email notifications for these topics

Burundi Bujumbura tries to recover Nkurunziza-era loot

Burundi Bujumbura to make fresh EITI mining transparency application

Burundi Verdicts imminent in Burundi property seizure cases

Burundi New proposal expected for mining code reform

Burundi, Rwanda, Uganda Warming of Kagame-Museveni relations raises hopes for route to Bujumbura

Burundi Will US stake help Rainbow Rare Earths get its mine reopened?

Burundi Government hires Advisum Expertise to help develop nickel

Tunisia Saied plays army spies and 'ill-gotten gains' as trump cards

Burundi As big players move in, govt shores up a mining code written for shovels and picks

Burundi, Tanzania Coltan miners strain to reach Dar es-Salaam

World Bank takes on new anticorruption investigators

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Burundi
Central bank to process its own gold to stabilise Burundian franc

Burundi
Bujumbura tries to recover Nkurunziza-era loot

Burundi
Bujumbura to make fresh EITI mining transparency application

Burundi
Verdicts imminent in Burundi property seizure cases

Burundi
New proposal expected for mining code reform

Burundi, Rwanda, Uganda
Warming of Kagame-Museveni relations raises hopes for route to Bujumbura

Burundi
Will US stake help Rainbow Rare Earths get its mine reopened?

Burundi
Government hires Advisum Expertise to help develop nickel

Tunisia
Saied plays army spies and 'ill-gotten gains' as trump cards

Burundi
As big players move in, govt shores up a mining code written for shovels and picks

Burundi, Tanzania
Coltan miners strain to reach Dar es-Salaam