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International News Oil

PHC Plans Palm Oil Refinery in DRC to Boost Local Value Addition and Reduce Import Gap

25, April, 202625, April, 2026

DRC’s PHC to Build Palm Oil Refinery by 2028 as Company Targets Vertical Integration and Higher Output Plantations et Huileries du Congo (PHC), controlled by Kuramo Capital Management with an estimated 76% stake since 2021, is moving forward with plans to construct a palm oil refinery in the Democratic Republic of Congo as part of a broader strategy to strengthen vertical integration and capture more value locally. Speaking in an interview with Forbes Afrique published

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International Gas News

IEA Warns Middle East Conflict Could Disrupt Up to 120 bcm of Global LNG Supply Through 2030

25, April, 202625, April, 2026

Middle East Conflict May Cut 120 bcm of Global LNG Supply by 2030, Warns International Energy Agency The ongoing conflict in the Middle East could result in the loss of approximately 120 billion cubic metres (bcm) of liquefied natural gas (LNG) supply between 2026 and 2030, representing around 15% of expected global supply growth, according to the International Energy Agency (IEA). In its latest quarterly gas outlook released on April 24, the IEA said the

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Local News Transport and Logistics

$1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola

25, April, 202625, April, 2026

Africa Finance Corporation and AfDB Back $5 Billion Lobito Corridor Railway to Connect Zambia Copper Mines to Angola Port The Africa Finance Corporation (AFC) and the African Development Bank (AfDB) have each committed $500 million toward the development of the Lobito Corridor railway project, a strategic infrastructure link designed to connect Zambia’s copper-rich regions to global markets through the Angolan port of Lobito. In addition, Italy will contribute approximately $320 million to the project, according

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Diamonds International News

India-Led Kimberley Process Pushes for Digital Traceability and Stronger Diamond Certification Standards

25, April, 202625, April, 2026

Kimberley Process Chair Calls for Digital Traceability and Stronger Compliance to Boost Global Diamond Certification Credibility The Kimberley Process (KP) must strengthen its digital communication systems and adopt more robust traceability standards to reinforce trust in the global diamond certification system, according to KP 2026 Chair Suchindra Misra. Misra, appointed by the Government of India to lead the initiative this year, emphasized the need to modernise the Kimberley Process Certification Scheme (KPCS) to address emerging

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International Gold News

Burkina Faso Moves to Increase State Stake in Kiaka Gold Mine Amid West African Resources Expansion Plans

25, April, 202625, April, 2026

Burkina Faso Seeks 40% Stake in Kiaka Gold Mine as West African Resources Suspends Trading Over Ownership Shift Burkina Faso has notified West African Resources Limited of its intention to increase the state’s stake in the Kiaka gold mine from 15% to 40%, marking a significant escalation in government participation in one of West Africa’s key gold assets. The development comes as the Australian-listed mining company prepares for a sharp increase in production across its

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International News Oil

Africa’s Strategic Rise as Global Energy and Shipping Routes Shift Away from the Strait of Hormuz

25, April, 202625, April, 2026

Strait of Hormuz Disruptions Push Global Trade Toward Africa’s Red Sea, Gulf of Aden, and Atlantic Shipping Corridors Africa is emerging as an increasingly important player in global energy and maritime logistics as ongoing disruptions in the Middle East drive a significant rerouting of international shipping away from the Strait of Hormuz, one of the world’s most critical oil transit chokepoints. Recent shipping data indicates that traffic through the Strait of Hormuz has fallen by

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Oil Gas International News

Namibia’s Oil and Gas Sector Enters New Investment Phase with Planned Sintana Energy NSX Listing

22, April, 202622, April, 2026

Namibia Oil and Gas Sector Advances as Sintana Energy Plans Secondary Listing on NSX to Boost Local Investment Participation Namibia’s oil and gas industry is entering a new phase of financial development following the planned secondary listing of Sintana Energy on the Namibia Securities Exchange (NSX), a move widely seen as a milestone for local capital market participation in the country’s emerging upstream energy sector. The listing, announced at the Namibia International Energy Conference (NIEC)

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International Energy News

AfDB Boosts Uganda Rural Electrification Drive with €7.33 Million in Additional Financing

22, April, 202622, April, 2026

African Development Bank Approves €7.33 Million for Uganda Rural Electricity Project to Expand Access and Complete Compensation Payments The African Development Bank (AfDB) Group has approved an additional €7.33 million in financing to complete compensation payments for communities affected by the Uganda Rural Electricity Access Project (UREAP) Phase I. Approved on 7 April, the funding is intended to close existing financing gaps, ensure full compensation for project-affected persons, and support the completion of outstanding environmental

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Corporate News International Oil

TotalEnergies Expands African Energy Push as Namibia Emerges as Key Offshore Oil Frontier

21, April, 202621, April, 2026

TotalEnergies Boosts Africa Exploration Strategy as Namibia Offshore Oil Projects Advance Toward 2026 Investment Decision TotalEnergies is accelerating its global exploration strategy, investing approximately $1 billion annually in new energy developments as it strengthens its upstream portfolio across key regions, including Africa. The company says its long-term growth depends not only on capital investment but also on building strong partnerships, trust, and sustained collaboration with host governments and local communities. Namibia Emerges as a Strategic

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Local Corporate News Gas News Oil

ReconAfrica Expands Into Angola as It Strengthens Oil and Gas Exploration Across Africa

21, April, 202621, April, 2026

ReconAfrica Enters Angola Oil Exploration with New Partnership as Kavango Basin and Gabon Projects Advance Reconnaissance Energy Africa (ReconAfrica) has expanded its African exploration footprint, marking a strategic entry into Angola while continuing to advance key oil and gas projects across the continent. The company confirmed new exploration activity in Angola alongside ongoing developments in Namibia and Gabon, as it strengthens its position in several high-potential sedimentary basins. Angola Entry Marks Strategic Expansion A major

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