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Local Energy News

Angola and Germany Launch Major Study to Advance National Hydrogen Strategy

Germany to Fund Angola’s First National Hydrogen Potential Study by 2026 Germany will fund a baseline study on Angola’s hydrogen potential starting this year, according to Vandre Soellmeier, the German Economic Delegate in Angola. The announcement was made on Wednesday in Luanda during a conference on the Angola–Germany energy partnership, held as part of the state visit by German President Frank-Walter Steinmeier. Although the investment amount was not disclosed, Soellmeier said the study’s findings—expected in

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Local Economy Gas News Oil

Angola Reports $565 Million in Social Investment from Mineral, Oil, and Gas Companies

Angola’s Extractive Sector Channels Over $565 Million Into Community Development Projects in 2024 Companies operating in Angola’s mineral resources, oil, and gas sectors invested more than USD 565 million in 2024 across 860 social projects focused on education, health, economic development, culture, sports, environmental protection, and biodiversity. The figures were announced on Monday by the Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, during the public presentation of the 2024 Social Investment Report detailing

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Local Energy News

Quibala Electrification Project Transforms Lives in Cuanza Sul

Cuanza Sul Expands Access to Electricity: Quibala Project Benefits 170,000 Residents The residents of Cuanza Sul are now enjoying greater access to electricity following the inauguration of the Quibala electrification project this Thursday. The ceremony was led by the Minister of Energy and Water, João Baptista Borges, who also launched new electrification works in the municipalities of Ebo and Conde. According to a statement from the Ministry of Energy and Water, obtained by VerAngola, Minister

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Local News Oil

Angola Reinforces Measures to Curb Fuel Smuggling and Promote Sustainable Resource Management

Angola Intensifies Actions Against Fuel Smuggling as Government Targets Sustainable Resource Development The Angolan Government continues to prioritize the fight against fuel smuggling, implementing a range of measures designed to discourage this persistent practice. The assurance was given by the Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, who reaffirmed the Executive’s commitment to curbing the illegal flow of fuel across borders. According to the minister, fuel smuggling is largely driven by significant price

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Local Mining Projects News

Pensana Targets 1 Billion Tonnes at Angola’s Longonjo Rare Earth Project

Pensana Launches $11M Drilling Program to Expand Longonjo Rare Earths Resource Critical minerals company Pensana Rare Earths is preparing an $11-million drilling and metallurgical programme aimed at increasing the Joint Ore Reserve Committee (JORC)-compliant resource estimate at its Longonjo project in Angola to over one billion tonnes, potentially making it one of the world’s largest rare earths deposits. The programme, set to begin in early 2026, will include 25,000 metres of vertical core drilling to

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Local Mining Projects News

Angola to Fast-Track Mining Permits Amid Push for Investment

Angola Aims to Speed Up Mining Rights Approvals to Attract More Foreign Investment and Improve Sector Transparency Angola is preparing to shorten the timeframe required to award mining rights as part of a broader effort to attract greater investment into the country’s growing minerals sector. Minerals and Petroleum Minister Diamantino Azevedo said the National Agency of Mineral Resources (ANRM) must reduce bureaucracy, strengthen inspections, and accelerate the rollout of a digital mining registry to improve

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Local Gas News

Angola’s New Gas Project in Soyo to Be Inaugurated This Year

Soyo Gas Project Led by Azule Energy Set to Boost Angola’s Energy Supply and Industrial Growth The first non-associated gas project in Angola, under construction since October 2023 in Soyo, Zaire Province, could be inaugurated later this year, announced Minister of Mineral Resources, Oil and Gas, Diamantino de Azevedo, on Monday. The minister made the announcement following an inspection of the New Gas Consortium (NCG) plant, led by Azule Energy, confirming that the project is

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Local News Transport and Logistics

Angola Enhances Lobito Corridor for Regional Transport and Trade

Angola Signs Agreement to Boost Lobito Corridor as Regional Transport, Trade, and Logistics Hub Angola has taken a significant step in asserting its role as a key player in regional transport and trade, following the signing of an agreement on Monday in Luanda between the Angolan Government and the Lobito Corridor Transit Transport Facilitation Agency (AFTTCL). The agreement establishes the opening of a representation of the Agency in Angola. The signing ceremony was presided over

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Corporate News Diamonds Local

SODIAM Reports Strong Revenue Growth and Increased Diamond Sales in 2025

Angola’s SODIAM Posts $1.4 Billion in Revenue and Major Sales Growth Between January and October The National Diamond Trading Company of Angola (SODIAM) recorded total gross revenue of $1.4 billion between January and October of this year, reflecting an increase of $338.5 million compared to the same period in 2024. A company statement notes that these results demonstrate the robustness of SODIAM’s commercial strategy. During the same period, the company reached a sales volume of

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Corporate News Diamonds Local

Sociedade Mineira do Luele Strengthens Diamond Value Chain with Itraceit Traceability System

Luele Mining Adopts Advanced Itraceit System to Boost Diamond Transparency, Compliance, and Ethical Sourcing Sociedade Mineira do Luele has announced the integration of Itraceit, a state-of-the-art technological traceability system designed to enhance transparency, control, and regulatory compliance throughout the company’s diamond value chain. According to the company, adopting the Itraceit platform marks a significant milestone in its technological modernization efforts. The system supports Luele’s ongoing commitment to continuous improvement, operational efficiency, and strict compliance with

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