World Bank Leads High-Level Coordination on Lobito Corridor in Angola

World Bank Boosts Regional Cooperation for Lobito Corridor to Drive Trade and Growth World Bank Managing Director of Operations, Anna Bjerde, is in Angola from February 4–6, 2026, for the first high-level coordination meeting focused on the Lobito Corridor. The meeting brings together finance, transport, and trade ministers from Angola, the Democratic Republic of Congo (DRC), and Zambia to strengthen regional collaboration on this strategic infrastructure linking southern and central Africa to international markets. The

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Angola’s Crude Oil Output Slips Below Target in December 2025

Angola Produces 31.9 Million Barrels of Crude Oil in December 2025, ANPG Reports Angola produced 31,863,172 barrels of crude oil in December 2025, equivalent to an average daily output of 1,027,844 barrels, according to the monthly production summary released by the National Agency of Petroleum, Gas and Biofuels (ANPG). The agency noted that average daily crude production fell short of the monthly target of 1,080,238 barrels per day. Total production of crude oil and associated

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Angola Records Strong Oil Exports in 2025 Despite Falling Prices

Angola Exports 357 Million Barrels of Oil in 2025, Generating $24 Billion in Revenue Angola exported 93.94 million barrels of oil in the fourth quarter of 2025, reinforcing its status as a strategic global supplier. For the full year, total oil exports reached 357.10 million barrels, generating approximately $24 billion in revenue, according to the Ministry of Mineral Resources, Petroleum and Gas. The data was presented by the Secretary of State for Oil and Gas,

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Angola Plans Increased Oil Exploration to Reverse Production Decline

Angola to Boost Oil Exploration to Maintain Production Above One Million Barrels Per Day Angola’s Secretary of State for Oil and Gas, José Barroso, has confirmed that the country plans to increase investment in oil exploration to halt the decline in production and sustain output above one million barrels per day. Speaking on the sidelines of the Angola Oil & Gas conference launch, Barroso emphasised that the government’s priority is reversing the downward trend in

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Zambia to Avoid Prolonged Load-Shedding as Solar Investments Boost Power Supply

Zambia Will Not Return to Extended Load-Shedding, Says Energy Minister as Solar Projects Expand Minister of Energy Makozo Chikote, MP, has assured Zambians that the country will not return to prolonged periods of load-shedding, citing sustained investments in alternative energy sources that are easing electricity supply challenges. Mr Chikote said the diversification of Zambia’s energy mix particularly through solar power is strengthening national energy security and improving resilience to climate-related shocks that have constrained hydropower

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Awodi-07 Discovery Boosts Nigeria’s Oil Sector Amid Refinery Expansion

Nigeria Confirms Awodi-07 Oil Discovery as Dangote Refinery Strengthens Domestic Energy Supply Nigeria’s oil sector has received a fresh boost following the Nigerian National Petroleum Company (NNPC) Limited’s confirmation of a new discovery at the Awodi-07 appraisal and exploration well in the western Niger Delta. The well, drilled by Chevron Nigeria Limited (CNL) under its joint venture with NNPC Ltd, is located in shallow offshore acreage and has confirmed hydrocarbons across multiple reservoir zones, reinforcing

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Zambia Secures MoU with Chinese Companies for Up to 1,000MW of Solar Power Investment

Zambia Signs Major Renewable Energy MoU with Chinese Firms to Develop Large-Scale Solar Projects The Government of the Republic of Zambia has signed a landmark Memorandum of Understanding (MoU) with China Pingmei Shenma Holding Group Company Limited and LONGi Green Energy Technology Company Limited to develop large-scale renewable energy projects, with a primary focus on solar power generation. The agreement was signed at State House and witnessed by President Hakainde Hichilema. It was executed on

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Angola Moves to Rebalance Gas Strategy Beyond Oil-Linked Supply

Angola Accelerates Non-Associated Gas Development to Boost LNG Exports and Domestic Energy Demand Angola is accelerating a strategic shift in its gas sector, moving beyond reliance on associated gas reinjection toward non-associated gas development, LNG optimization, expanded midstream infrastructure, and rising domestic demand. The transition marks a critical inflection point in the country’s long-term energy strategy as declining oil output heightens the need to maximize gas monetization. For much of its post-independence history, Angola treated

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Angola Launches Luena–Saurimo Railway Branch to Strengthen Eastern Connectivity

Angola Begins Construction of Luena–Saurimo Railway Linking Moxico and Lunda-Sul Angola’s Ministry of Transport has officially launched construction of the Luena–Saurimo Railway Branch, marking a major milestone in the expansion and modernisation of the country’s national rail network. The ceremony included the laying of the first stone and the signing of the consignment notice for the project, which will directly connect the provinces of Moxico and Lunda-Sul. The project has been awarded to a consortium

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Nigeria Strengthens Oil Leadership with Awodi-07 Discovery and Dangote Refinery Boost

Nigeria Confirms Awodi-07 Oil Discovery as Dangote Refinery Transforms Domestic Energy Market Nigeria’s oil sector has received a significant boost following a new discovery at the Awodi-07 appraisal and exploration well in the western Niger Delta, reinforcing the country’s position as Africa’s leading oil producer. The well, drilled by Chevron Nigeria Limited (CNL) under its joint venture with NNPC Limited, is located in shallow offshore acreage and confirmed hydrocarbons across multiple reservoir zones. NNPC spokesperson

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