Mozambique Gas Exports Hit $1 Billion in H1 2025, Overtake Coal as Largest Export Mozambique’s natural gas exports generated an average of US$5.5 million per day during the first half of 2025, sustaining their growth trajectory and reinforcing their status as the country’s leading export, according to official data. Figures released this month by the Bank of Mozambique show that natural gas export revenues increased from US$900.7 million in the first half of 2024 to
Sonagas Replaces 500 Gas Cylinder Valves Weekly as Consumer Group Warns of Expired and Leaking Cylinders in Angola Sonagas, a subsidiary of Sonangol, stated on Wednesday that leaks in cooking gas cylinders are primarily caused by improper handling during transportation, rather than manufacturing defects or filling processes. The company disclosed that it replaces more than 500 gas cylinder check valves each week as part of routine safety and quality control measures. According to Pedro de
Libya’s NOC Activates First Phase of Farigh–Brega Gas Pipeline to Boost Power Supply and Support 2030 Production Targets Libya’s National Oil Corporation (NOC) has launched the first phase of the Farigh–Brega gas pipeline, marking a significant milestone in efforts to strengthen domestic gas supply and enhance energy security. The initial segment of the pipeline is now operational, with gas pumping and pressure balancing underway as system integration continues across the network. The development reflects Libya’s
Botswana’s Credit Rating Cut to BBB- as Falling Diamond Demand Pressures Economy and Foreign Reserves Recognized as Africa’s largest diamond producer, Botswana is facing mounting economic challenges as the prolonged downturn in the global diamond market continues to weigh on its financial stability. Reflecting these pressures, S&P Global Ratings has downgraded Botswana’s long-term sovereign credit rating from BBB to BBB-. The ratings agency indicated that the country’s mineral-dependent economy is likely to remain under strain
Algeria Moves Forward on $13 Billion Trans-Sahara Gas Pipeline Linking Nigeria to Europe via Niger Algeria has dispatched a technical delegation from its state-owned energy company, Sonatrach, to Niger to advance preparations for the long-delayed Trans-Sahara Gas Pipeline, a major regional energy project intended to transport natural gas from West Africa to European markets. Africa’s third-largest oil producer is accelerating efforts to implement the project, which is designed to strengthen export capacity and diversify energy
Africa’s Energy Deals Reach $13.8B in 2025, Highlighting Need for Bankable Clean Energy Projects Africa’s power sector is attracting increasing global investment, with energy deals estimated at $13.84 billion in 2025, driven largely by clean energy initiatives. However, a significant gap persists between announced projects and those successfully delivered, raising concerns about execution and bankability across the continent. According to Energy Capital & Power, around 74,000 megawatts (MW) of power capacity has been announced in
Africa Expands LNG Exports to Europe as Demand Rises Amid Energy Supply Uncertainty Africa is increasingly emerging as a strategic supplier of liquefied natural gas (LNG) to Europe, as shifting global energy dynamics driven by instability in the Middle East and ongoing uncertainty surrounding Russian gas supplies reshape international markets. Energy ministers from Senegal, Equatorial Guinea, Nigeria, and the Republic of the Congo are expected to meet European stakeholders in Paris next month during the
Angola Launches Gas Exports from Quiluma Field, Boosting Energy Diversification The National Agency of Petroleum, Natural Gas and Biofuels (ANPG) announced on Monday the start of gas supply from the Quiluma field, operated by the Novo Consórcio de Gás (NCG). Initial exports reached 150 million cubic feet per day, with projections to climb to 314 million cubic feet per day by the end of the year. Operations officially began last Friday, according to ANPG and
Burkina Faso Collects $152 Million from Mining Development Fund in 2025 to Support Local Development Burkina Faso collected CFA85.72 billion (about $152 million) through its Mining Development Fund (FMD) in 2025, underscoring the country’s growing role in Africa’s mineral resources sector. Established in 2020, the fund channels revenue from mining activities into local development projects and national strategic initiatives, aiming to ensure that the country’s mineral wealth generates broader economic and social benefits. The results
China Leads $21.8 Billion Investment Proposals in Angola as AIPEX Reports Surge in Foreign Interest Angola has received 596 investment proposals worth about $21.8 billion over the past five years, with Chinese investors accounting for roughly 80% of the total, according to Arlindo das Chagas Rangel, chairman of the Private Investment and Export Promotion Agency (AIPEX). The surge in investment proposals highlights Angola’s growing appeal as one of Africa’s key resource economies. As Africa’s second-largest
