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Trip to Africa

Chancellor Angela Merkel visited Africa. Migration and asylum are an issue. But Africa still has great potential, especially in the raw materials sector.

The strengthening of economic cooperation and local agriculture, the fight against smuggling and support for reforms were topics on Merkel's agenda. Development Minister Gerd Müller also recently visited the Black Continent. One of his comments was "in ten years, more will be built in Africa than in the last ten years in Europe".

After all, 42 out of 54 African countries had higher economic growth than Germany. The governments in Africa call their plans „Agenda 2063“. And Africa is an economic partner of Germany. That is why Germany is supporting Africa's development. Africa itself has also recognised that the challenges of the future, such as enormous population growth, must be tackled.

Africa is a continent with rich natural resources, especially gold has been mined for a long time. South Africa's gold mines are therefore among the most advanced in the world. In Zimbabwe, foreign investors need to be convinced even more, that the country offers a safe and friendly climate.

A good example is Caledonia Mining -, a company that has been successfully producing gold in Zimbabwe for years with the participation of local investors. The Blanket Mine generated attributable profits of $2.6 million for Caledonia Mining in the second quarter of 2018. This is to be further enhanced by increasing gold production - 80,000 ounces of gold annually in the long term.

Also in Africa, in Ghana, Cardinal Resources is working on its Bolgatanga and Subranum gold projects. Politically Ghana is stable and also a democratic country. It is one of the most developed and prosperous countries in Africa. Infrastructure and mining laws are good and the population also has good mining skills. Cardinal Resources' projects are located in the northeast, in promising greenstone belts.

Current company information and press releases from Caledonia Mining (

In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the English version of these messages applies.

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