Vital Industry News
Botswana’s 2,488-Carat Motswedi Diamond Finds Buyer After Two Decades Norwegian Energy Company Joins Chevron in Namibia’s Orange Basin South Africa’s Constitutional Court Blocks Shell Offshore Exploration AfDB Approves $265 Million to Advance Zambia’s Lobito Corridor Rail Link Sonatrach Deepens Energy Cooperation with Niger Through Exploration and Fuel Agreements Angola’s Diamond Industry Reviews Market Conditions Amid Global Shifts Angola Calls for Major Logistics Transformation to Strengthen Food Security AEW 2026 to Explore Africa’s Shift from Local Content Participation to Industrialization Angola Opens Sixth Diamond-Cutting Factory in Saurimo to Boost Local Diamond Value Addition Niger Plans $1.9 Billion Refinery to Strengthen Regional Energy Supply
Diamonds International News

Botswana’s 2,488-Carat Motswedi Diamond Finds Buyer After Two Decades

International Corporate News Oil

Norwegian Energy Company Joins Chevron in Namibia’s Orange Basin

International Corporate News Oil

South Africa’s Constitutional Court Blocks Shell Offshore Exploration

More Angolan Mining News

Diamonds International News

Botswana’s 2,488-Carat Motswedi Diamond Finds Buyer After Two Decades

Botswana’s 2,488-Carat Motswedi Diamond Sold After 20 Years Without a Buyer Botswana’s 2,488-carat Motswedi diamond,…
International Corporate News Oil

Norwegian Energy Company Joins Chevron in Namibia’s Orange Basin

Norwegian Energy Firm Joins Chevron in Namibia’s Orange Basin Oil Exploration Norwegian energy company Equinor…
International Corporate News Oil

South Africa’s Constitutional Court Blocks Shell Offshore Exploration

South Africa’s Top Court Blocks Shell Offshore Oil and Gas Exploration South Africa’s Constitutional Court…
Transport and Logistics Local News

AfDB Approves $265 Million to Advance Zambia’s Lobito Corridor Rail Link

AfDB Approves $265 Million for Zambia’s Lobito Corridor Railway Project The African Development Bank Group…
International Corporate News Oil Petroleum

Sonatrach Deepens Energy Cooperation with Niger Through Exploration and Fuel Agreements

Sonatrach Expands Niger Energy Cooperation with New Exploration, Drilling and Fuel Deals Algeria’s state-owned energy…
Diamonds Local News

Angola’s Diamond Industry Reviews Market Conditions Amid Global Shifts

Angola’s Diamond Industry Assesses Market Conditions as Global Demand and Prices Evolve Representatives from Angola’s…
Diamonds International News

Botswana’s 2,488-Carat Motswedi Diamond Finds Buyer After Two Decades

Botswana’s 2,488-Carat Motswedi Diamond Sold After 20 Years Without a Buyer Botswana’s 2,488-carat Motswedi diamond, one of the largest gem-quality diamonds ever discovered, has finally found a buyer nearly two decades after it was recovered. The exceptional stone was discovered in 2005 at the Jwaneng diamond mine, one of the world’s most significant diamond operations. Despite its extraordinary size, the diamond remained unsold for almost 20 years as potential buyers were reportedly unable to agree

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International Corporate News Oil

Norwegian Energy Company Joins Chevron in Namibia’s Orange Basin

Norwegian Energy Firm Joins Chevron in Namibia’s Orange Basin Oil Exploration Norwegian energy company Equinor has joined Chevron in Namibia’s Orange Basin, adding another major international player to the country’s growing offshore oil and gas exploration sector. Equinor has acquired a 25% interest in Petroleum Exploration Licence 90 (PEL 90) from Chevron subsidiary Chevron Namibia Exploration Ltd, which will remain operator with a 55% stake. Custos Energy holds the remaining 20% interest. The transaction is

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International Corporate News Oil

South Africa’s Constitutional Court Blocks Shell Offshore Exploration

South Africa’s Top Court Blocks Shell Offshore Oil and Gas Exploration South Africa’s Constitutional Court has halted Shell’s offshore oil and gas exploration activities along the country’s Eastern Cape coastline, overturning an earlier ruling that had allowed the company and its partner, Impact Africa, to proceed. The decision follows a legal dispute that has continued for several years over the granting of exploration rights in the offshore area. The court found that affected communities had

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Transport and Logistics Local News

AfDB Approves $265 Million to Advance Zambia’s Lobito Corridor Rail Link

AfDB Approves $265 Million for Zambia’s Lobito Corridor Railway Project The African Development Bank Group (AfDB) has approved $265 million to support Zambia’s participation in the Lobito Integrated Economic Corridor, advancing plans to establish a direct railway connection between Zambia and Angola. The financing comprises a $255 million loan from the African Development Fund and a $10 million grant from the Rome Process/Mattei Plan Financing Facility. The funding will support the first phase of Zambia’s

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International Corporate News Oil Petroleum

Sonatrach Deepens Energy Cooperation with Niger Through Exploration and Fuel Agreements

Sonatrach Expands Niger Energy Cooperation with New Exploration, Drilling and Fuel Deals Algeria’s state-owned energy company Sonatrach is expanding its cooperation with Niger through a series of agreements covering oil exploration, drilling services and petroleum-product supplies. In June 2026, Sonatrach and Niger’s national oil company SONIDEP signed three memoranda of understanding covering seismic exploration, drilling operations and petroleum products. The agreements build on a cooperation framework established in 2024 and are intended to strengthen technical

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Diamonds Local News

Angola’s Diamond Industry Reviews Market Conditions Amid Global Shifts

Angola’s Diamond Industry Assesses Market Conditions as Global Demand and Prices Evolve Representatives from Angola’s mining companies, the Geological Institute of Angola, the Angolan Diamond Laboratory and other industry institutions have met in Dundo, Lunda Norte, to assess developments in the country’s diamond market. The discussions focused on current market conditions and the factors affecting the performance of Angola’s diamond industry. Industry stakeholders reviewed developments across the diamond value chain as producers and other market

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Local News Transport and Logistics

Angola Calls for Major Logistics Transformation to Strengthen Food Security

Angola Seeks Logistics Transformation to Improve Food Security and Agricultural Distribution Angola’s Minister of Transport, Ricardo de Abreu, has called for a structural transformation of the country’s logistics system to strengthen food security and improve the distribution of agricultural products. Speaking in Luanda, the minister said Angola needs a more integrated and efficient logistics network capable of connecting agricultural production areas with major consumption centres and markets. He highlighted the importance of improving transport infrastructure

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Expos & Events International Sponsored

AEW 2026 to Explore Africa’s Shift from Local Content Participation to Industrialization

As Africa develops its estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of natural gas to strengthen energy security and expand local economies, local-content frameworks are entering a new phase. Governments are moving beyond requirements for local employment and procurement toward building domestic industrial capacity and strengthening digital compliance while maintaining an investment environment capable of delivering competitive returns for international partners. Developments across Mozambique, Namibia, Nigeria, Ghana, Angola and other

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Local Diamonds Economy News

Angola Opens Sixth Diamond-Cutting Factory in Saurimo to Boost Local Diamond Value Addition

Angola Opens Sixth Diamond-Cutting Factory as Saurimo Strengthens Its Position as a Diamond Processing Hub Angola has strengthened its domestic diamond-processing industry with the inauguration of a new diamond-cutting factory in Saurimo, Lunda Sul Province, bringing the number of operational cutting facilities at the Saurimo Diamond Development Hub to six. The new facility, operated by Diarough Angola, was officially opened by Minister of Mineral Resources, Oil and Gas Diamantino Azevedo on Saturday, marking another step

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International Energy News Oil

Niger Plans $1.9 Billion Refinery to Strengthen Regional Energy Supply

Niger Plans $1.9 Billion Refinery as Country Targets West African Energy Hub Status Niger is planning a $1.9 billion oil refinery and associated petrochemical complex as part of efforts to expand its domestic refining capacity, increase value from its crude resources and strengthen its position in West Africa’s energy market. The proposed development would significantly expand Niger’s ability to process crude oil locally, reducing reliance on imported refined petroleum products while creating opportunities to supply

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