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International News Transport and Logistics

DRC President Reassures on $1.26 Billion Dilolo-Sakania Railway Concession

DRC Secures $1.26bn Railway Investment as Tshisekedi Clarifies Dilolo-Sakania Concession DRC President Félix Tshisekedi has reassured the public that the concession of the Dilolo-Sakania railway line will not privatise the state-owned railway company or create a monopoly, as the government moves to attract major investment to modernise the strategic rail corridor. Tshisekedi’s remarks follow the signing of a 30-year concession agreement between the DRC government and Mota-Engil Engenharia e Construção Africa S.A. on 26 August

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International News Renewable Energy

Central African Republic Inaugurates 50 MW Sakaï Solar-Storage Plant

Central African Republic Inaugurates 50 MW Solar Plant with Battery Storage to Boost Electricity Supply The Central African Republic (CAR) has inaugurated a 50 MW solar photovoltaic plant with 15 MWh of battery storage at Sakaï, southwest of the capital Bangui, marking a major step in the country’s efforts to expand electricity generation and improve grid reliability. Developed by UAE-based Global South Utilities (GSU), the facility features more than 80,000 solar panels and 156 inverters.

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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 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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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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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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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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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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