Local News 14, May, 2025 De Beers has quietly begun selling rough diamonds at steep discounts to a select group of buyers — a rare and contentious move that is stirring tensions within an industry already grappling with sluggish demand and mounting uncertainty. In a... De Beers’ Secret Discounts Fuel Discontent Amid Diamond Market Turmoil 14, May, 2025 In a major step toward sustainable development, Ethiopia has attracted $1.75 billion in investments from five Chinese companies, focusing on solar-cell manufacturing, energy storage, and mineral exploration. The announcement was made by Finance Minister Ahmed Shide, who emphasized the critical... Ethiopia Secures $1.75 Billion in Chinese Investments to Boost Renewable Energy and Mineral Development 14, May, 2025 The United States has announced the mobilization of nearly $6 billion to support the development of the Lobito Corridor—a key transport infrastructure project linking Angola, the Democratic Republic of Congo (DRC), and Zambia. The announcement was made on Saturday, May... U.S. Commits $6 Billion to Boost Southern Africa’s Lobito Corridor 14, May, 2025 In an interview with Jeune Afrique, Democratic Republic of Congo’s Minister of Hydrocarbons, Aimé Sakombi Molendo, announced that the country will undertake a complete revision of its Petroleum Code. According to him, the reform proposal will be submitted to the... DRC to Overhaul Petroleum Code in Bid to Attract Global Investors 13, May, 2025 Lobito Atlantic Railway (LAR) transported 50,235 tonnes of cargo between January and March 2025. Of this total, 18,202 tonnes were minerals, primarily copper. The operator of the Lobito Corridor has set an ambitious goal to reach one million tonnes of... Lobito Atlantic Railway Transports Over 50,000 Tonnes of Cargo in First Quarter 13, May, 2025 Angola’s Minister of Transport, Ricardo Viegas d’Abreu, on Monday, announced a series of restructurings across central bodies and company boards, including the appointment of Amadeu Nunes as Executive Secretary of the Lobito Corridor Transit Transport Facilitation Agency (AFTTCL). This agency... Angola’s Transport Minister Restructures Key Sector Bodies and Appoints New Leadership 13, May, 2025 The United Kingdom’s Ambassador to Angola, Bharat Joshi, has described the Lobito Corridor as a key infrastructure project for Angola’s economic growth and Southern Africa’s regional integration. Speaking on Wednesday in Luanda during the Angola–UK Business Forum, the diplomat highlighted... UK Ambassador Praises Lobito Corridor as a Catalyst for Angola’s Economic and Regional Integration 13, May, 2025 The oil sector has been one of the fastest-growing industries in Angola in recent years, making a significant contribution to the national economy, according to the Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo. Speaking on the sidelines of... Angola’s Oil Sector Drives Economic Growth Load More Share Facebook Twitter Pinterest Linkedin
14, May, 2025 De Beers has quietly begun selling rough diamonds at steep discounts to a select group of buyers — a rare and contentious move that is stirring tensions within an industry already grappling with sluggish demand and mounting uncertainty. In a... De Beers’ Secret Discounts Fuel Discontent Amid Diamond Market Turmoil
14, May, 2025 In a major step toward sustainable development, Ethiopia has attracted $1.75 billion in investments from five Chinese companies, focusing on solar-cell manufacturing, energy storage, and mineral exploration. The announcement was made by Finance Minister Ahmed Shide, who emphasized the critical... Ethiopia Secures $1.75 Billion in Chinese Investments to Boost Renewable Energy and Mineral Development
14, May, 2025 The United States has announced the mobilization of nearly $6 billion to support the development of the Lobito Corridor—a key transport infrastructure project linking Angola, the Democratic Republic of Congo (DRC), and Zambia. The announcement was made on Saturday, May... U.S. Commits $6 Billion to Boost Southern Africa’s Lobito Corridor
14, May, 2025 In an interview with Jeune Afrique, Democratic Republic of Congo’s Minister of Hydrocarbons, Aimé Sakombi Molendo, announced that the country will undertake a complete revision of its Petroleum Code. According to him, the reform proposal will be submitted to the... DRC to Overhaul Petroleum Code in Bid to Attract Global Investors
13, May, 2025 Lobito Atlantic Railway (LAR) transported 50,235 tonnes of cargo between January and March 2025. Of this total, 18,202 tonnes were minerals, primarily copper. The operator of the Lobito Corridor has set an ambitious goal to reach one million tonnes of... Lobito Atlantic Railway Transports Over 50,000 Tonnes of Cargo in First Quarter
13, May, 2025 Angola’s Minister of Transport, Ricardo Viegas d’Abreu, on Monday, announced a series of restructurings across central bodies and company boards, including the appointment of Amadeu Nunes as Executive Secretary of the Lobito Corridor Transit Transport Facilitation Agency (AFTTCL). This agency... Angola’s Transport Minister Restructures Key Sector Bodies and Appoints New Leadership
13, May, 2025 The United Kingdom’s Ambassador to Angola, Bharat Joshi, has described the Lobito Corridor as a key infrastructure project for Angola’s economic growth and Southern Africa’s regional integration. Speaking on Wednesday in Luanda during the Angola–UK Business Forum, the diplomat highlighted... UK Ambassador Praises Lobito Corridor as a Catalyst for Angola’s Economic and Regional Integration
13, May, 2025 The oil sector has been one of the fastest-growing industries in Angola in recent years, making a significant contribution to the national economy, according to the Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo. Speaking on the sidelines of... Angola’s Oil Sector Drives Economic Growth
