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The price of an ounce of gold (28.3 grammes) fell around 7.5% on Wednesday to $4,036 from a record high of $4,381.6 on Monday.

Read more: https://www.trtafrika.com/english/article/d39e5e485170

Angola's Tetelo copper mine is set to commence production, aimed at diversifying the economy beyond oil.

The project, valued at $250 million and owned by Shining Star Icarus, plans to produce around 25,000 metric tons of copper annually during its first two years.

Tetelo's development highlights Angola's effort to attract investments into critical minerals supporting renewable energy technologies.

Angola remains reliant on oil, its primary economic backbone, but is seeking diversification due to declining output.

The price of gold dropped about 7.5% on Wednesday, falling to $4,036 per ounce from Monday’s record high of $4,381.6.

Nigeria’s🇳🇬 Dangote Petroleum Refinery will list 5 to 10% of its shares on the Nigerian Exchange within a year, Africa’s richest man Aliko Dangote announced. The refinery plans to double capacity to 1.4 million barrels per day, surpassing India’s Jamnagar plant and pursuing Middle East partnerships and new petrochemical ventures.

There are a record 3,028 billionaires on this year’s list, worth a record $16.1 trillion combined. Twenty-three of them are Black—just 0.8% of the list—but they’re a wealthy and impressive bunch. (Illustration by Neil Jamieson for Forbes; Photos: Stefanie Keenan, Thomas Samson, Kevin Mazur, Mondadori Portfolio via Getty Images)

The World’s Black Billionaires 2025 These 23 Black billionaires are worth a combined $96 billion.

List: Forbes has been scanning the globe for billionaires since 1987. We found 140 of them that first year. It took two decades for their numbers to swell beyond 1,000. Then there were 2,000 in 2017. Now, eight years later, another milestone: 3,028 entrepreneurs, investors and heirs make up this year’s ranking, 247 more than a year ago. Not only are there more of them, but they’re richer than ever, worth $16.1 trillion in total—up nearly $2 trillion over 2024. The U.S. has a record 902 billionaires, followed by China (516, including Hong Kong) and India (205). We used stock prices and exchange rates from March 7, 2025. Full list: https://trib.al/tQhceyq (Illustration by Neil Jamieson for Forbes)

Forbes 2025 Billionaires List - The Richest People In The World Ranked Forbes presents the 2025 World's Billionaires List. View the richest people in the world and learn their net worth, age, country of residence, source of wealth and more.

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