Vital Industry News
Angola Secures €665 Million Financing for Luena-Saurimo Railway Project Dangote Refinery Secures $1 Billion Backing Ahead of Planned IPO Sintana Energy Expands Namibia Footprint with $6.5 Million Maravilla Deal Petrobras Advances Talks for Four Offshore Blocks in Ghana Egypt Approves New Oil and Gas Free Zone in New Alamein Panoro Energy Enters Côte d’Ivoire with $80 Million Offshore Gas Acquisition MPOPO Gold Targets 200 Kilograms of Annual Gold Production in Angola Angola to Lead High-Level Mining Investment Panel at Africa Down Under in Australia Zambia Approves $971.5 Million in Energy Investments as Power Shortage Persists DNO Sells Côte d’Ivoire Oil and Gas Assets to Panoro Energy for $86.5 Million
Local News Transport and Logistics

Angola Secures €665 Million Financing for Luena-Saurimo Railway Project

International Corporate News Oil

Dangote Refinery Secures $1 Billion Backing Ahead of Planned IPO

Corporate News Gas International Oil

Sintana Energy Expands Namibia Footprint with $6.5 Million Maravilla Deal

More Angolan Mining News

Local News Transport and Logistics

Angola Secures €665 Million Financing for Luena-Saurimo Railway Project

Angola Secures €665 Million for Luena-Saurimo Railway Linking Mining Regions to Lobito Corridor Angola has…
International Corporate News Oil

Dangote Refinery Secures $1 Billion Backing Ahead of Planned IPO

Dangote Refinery Secures $1 Billion Backing Ahead of Planned $5 Billion IPO The Dangote Petroleum…
Corporate News Gas International Oil

Sintana Energy Expands Namibia Footprint with $6.5 Million Maravilla Deal

Sintana Energy Expands Namibia Exploration with $6.5 Million Maravilla Deal Canadian-listed oil and gas company…
International Corporate News Oil

Petrobras Advances Talks for Four Offshore Blocks in Ghana

Petrobras Enters Talks for Four Offshore Oil and Gas Blocks in Ghana’s Keta Basin Brazilian…
International News Oil

Egypt Approves New Oil and Gas Free Zone in New Alamein

Egypt Approves New Oil and Gas Free Zone in New Alamein to Boost Petroleum Trading…
International Corporate News Gas

Panoro Energy Enters Côte d’Ivoire with $80 Million Offshore Gas Acquisition

Panoro Energy Enters Côte d’Ivoire with $80 Million Offshore Gas Acquisition Panoro Energy is expanding…
Local News Transport and Logistics

Angola Secures €665 Million Financing for Luena-Saurimo Railway Project

Angola Secures €665 Million for Luena-Saurimo Railway Linking Mining Regions to Lobito Corridor Angola has authorised financing of up to €665 million to support construction of the 260-kilometre Luena-Saurimo railway line, a major infrastructure project designed to strengthen rail connectivity between eastern Angola and the Benguela Railway and Lobito Corridor. The financing is backed by three European export credit agencies  UK Export Finance (UKEF), Poland’s KUKE and Dutch ECA Atradius with HSBC Bank arranging the

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International Corporate News Oil

Dangote Refinery Secures $1 Billion Backing Ahead of Planned IPO

Dangote Refinery Secures $1 Billion Backing Ahead of Planned $5 Billion IPO The Dangote Petroleum Refinery and Petrochemicals has secured US$1 billion in underwriting support ahead of its planned Initial Public Offering (IPO), strengthening the financing base for what could become one of Africa’s largest industrial listings. The programme comprises a completed and fully funded US$600 million private placement, alongside a further US$400 million underwriting commitment to support the planned IPO. The transaction was structured

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Corporate News Gas International Oil

Sintana Energy Expands Namibia Footprint with $6.5 Million Maravilla Deal

Sintana Energy Expands Namibia Exploration with $6.5 Million Maravilla Deal Canadian-listed oil and gas company Sintana Energy is expanding its exploration footprint in Namibia after signing definitive agreements to acquire a 44% stake in Maravilla Oil & Gas, giving it indirect exposure to a major offshore exploration licence in the Walvis Basin. The transaction, valued at $6.5 million, will give Sintana an indirect 35% interest in Petroleum Exploration Licence 37 (PEL 37) through Maravilla’s 80%

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International Corporate News Oil

Petrobras Advances Talks for Four Offshore Blocks in Ghana

Petrobras Enters Talks for Four Offshore Oil and Gas Blocks in Ghana’s Keta Basin Brazilian state-owned energy company Petrobras is expanding its exploration footprint in West Africa after receiving approval to negotiate contracts for four offshore blocks in Ghana’s Keta Basin. Ghana’s Ministry of Energy and Green Transition has approved Petrobras’ application, allowing the company to enter direct negotiations over exploration contracts for the blocks. The move is part of Petrobras’ strategy to replenish its

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International News Oil

Egypt Approves New Oil and Gas Free Zone in New Alamein

Egypt Approves New Oil and Gas Free Zone in New Alamein to Boost Petroleum Trading Egypt has approved the establishment of a new special free zone in New Alamein City dedicated to the storage and trading of crude oil and petroleum products. The zone will be operated by Fujairah Alamein Oil and Gas Company, an Egyptian Emirati joint-stock company, under Cabinet Resolution No. 65 of 2026. The facility will cover approximately 738,000 square metres in

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International Corporate News Gas

Panoro Energy Enters Côte d’Ivoire with $80 Million Offshore Gas Acquisition

Panoro Energy Enters Côte d’Ivoire with $80 Million Offshore Gas Acquisition Panoro Energy is expanding its African upstream portfolio into Côte d’Ivoire after agreeing to acquire an indirect 9.09% interest in the producing offshore Block CI-27 from Norwegian energy company DNO ASA for $80 million. The transaction, expected to close in autumn 2026, marks Panoro’s entry into Côte d’Ivoire and strengthens its position as a growing independent African oil and gas producer. Block CI-27 is

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Gold Corporate News Local

MPOPO Gold Targets 200 Kilograms of Annual Gold Production in Angola

MPOPO Gold Targets 200 Kilograms of Annual Gold Production in Angola by 2028 Angolan gold producer MPOPO Gold is stepping up efforts to expand production, with the company targeting annual output of between 150 and 200 kilograms of gold under its 2027–2028 strategic plan. The strategy includes completing the second phase of its industrial processing plant, updating its geological model, strengthening mine planning and introducing measures to improve production recovery. The company also plans to

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Local Expos & Events News

Angola to Lead High-Level Mining Investment Panel at Africa Down Under in Australia

Angola to Showcase Critical Minerals Investment Opportunities at Africa Down Under 2026 in Australia Angola is set to take centre stage at the 24th Africa Down Under Mining Sector Conference in Perth, Western Australia, with the country hosting a high-level panel focused on investment and development opportunities in the critical minerals sector. The panel will form part of the inaugural Australia-Angola Business Forum, scheduled for September 3 during “Angola Day” at Africa Down Under. The

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International News Renewable Energy

Zambia Approves $971.5 Million in Energy Investments as Power Shortage Persists

Zambia Approves $971.5 Million in Energy Projects Amid Power Deficit Zambia’s Energy Regulation Board (ERB) has approved energy-sector investments worth approximately ZMW18.4 billion ($971.5 million), covering electricity, renewable energy and downstream petroleum activities. The approvals include 23 licences, 20 construction permits and additional licence inclusions, marking a significant expansion of investment activity across Zambia’s energy sector. The authorised projects cover renewable energy equipment manufacturing and supply, petroleum transportation and distribution, lubricant imports and blending, as

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Corporate News Gas International Oil

DNO Sells Côte d’Ivoire Oil and Gas Assets to Panoro Energy for $86.5 Million

DNO Sells Côte d’Ivoire Assets to Panoro Energy in $86.5 Million Deal Norwegian oil and gas company DNO ASA has agreed to sell its Côte d’Ivoire business to Panoro Energy ASA for a total consideration of $86.5 million, as it streamlines its international portfolio and focuses capital on its core operations. The transaction involves the sale of DNO CI LLC, the company through which DNO holds its interests in Côte d’Ivoire. The consideration comprises $65.1

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