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Diamonds Local News

Angola Inaugurates New Diamond Processing Plant in Lunda Norte to Boost Output

Angola Opens $9M Diamond Processing Plant in Lunda Norte, Increasing Capacity by 140% The Governor of Lunda Norte, Filomena Miza, has inaugurated a new Recovery and Processing Plant (CRP) at the Chitotolo Mining Company, marking a significant investment in Angola’s diamond sector. The ceremony was attended by the Minister of Mineral Resources, Petroleum and Gas, Diamantino Pedro Azevedo, alongside other government and industry officials. Production boost and job creation Miza said the new plant is

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Transport and Logistics Local News

Angola Extends Bid Deadline for Namibe Corridor Concession

Angola Extends Namibe Corridor Tender Deadline to June 4 to Boost Competition and Proposal Quality Angola’s Ministry of Transport has extended the deadline for submitting proposals for the concession to operate, manage, and maintain the Namibe Corridor, moving it from May 4 to June 4. According to a government statement, the decision follows requests from bidders who said the original deadline did not provide sufficient time to prepare comprehensive and well-structured proposals, given the scale

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Local News Transport and Logistics

Zambia to Begin Construction of Lobito Corridor Railway Link in 2026

Zambia to Launch Lobito Corridor Rail Construction in 2026 to Boost Copper and Cobalt Exports Zambia’s President Hakainde Hichilema has confirmed that construction of a key railway link connecting the country’s mining regions to Angola’s Port of Lobito will begin later this year, marking significant progress on the Lobito Corridor project. Speaking on the sidelines of a conference after a meeting with the African Finance Corporation the project’s main promoter Hichilema acknowledged delays but said

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Local News Transport and Logistics

Angola Eyes Extension of Lobito Corridor to Tanzania to Boost Regional Trade

Angola Plans Lobito Corridor Expansion to Dar es Salaam to Strengthen Africa Trade Routes and Supply Chains Angola is considering extending the Lobito Corridor to Dar es Salaam in Tanzania, a move aimed at strengthening regional integration and creating a more efficient trade route linking the Atlantic and Indian Ocean coasts. Speaking at the “Radar Africa – The Paths of Angola” conference in Lisbon, Minister of State for Economic Coordination José de Lima Massano said

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International News Renewable Energy

Namibia Courts Chinese Investment to Accelerate Green Hydrogen and Renewable Energy Growth

Namibia Seeks Chinese Investment in Green Hydrogen, Renewable Energy and Mineral Beneficiation Drive Namibia is stepping up efforts to attract Chinese investment into its growing green hydrogen and renewable energy sector, positioning its abundant solar and wind resources as a foundation for future industrial development. During an official visit to China, Minister of International Relations and Trade Selma Ashipala-Musavyi emphasised that a stable and diversified energy mix will be essential for long-term economic growth. She

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International Gas News

Egypt Raises Natural Gas Prices for Industry as It Accelerates Subsidy Cuts and IMF-Led Energy Reforms

Egypt Increases Industrial Natural Gas Prices to Cut Subsidies Amid Rising Import Costs and IMF Reform Pressure Egypt has raised natural gas prices for key industrial sectors as part of a broader effort to reduce energy subsidies and address mounting fiscal pressure caused by higher import costs and declining domestic gas production. A government decree published on Sunday confirmed that the new pricing structure took effect in May. The adjustments primarily target energy-intensive industries, including

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International Gas News

Nigeria–Morocco Gas Pipeline Gains Momentum as Europe Seeks New Energy Routes

Nigeria–Morocco Gas Pipeline: Europe Eyes West African Gas as Alternative Energy Corridor by 2031 Nigeria-led gas exports to Europe are drawing renewed attention as the Nigeria–Morocco Gas Pipeline project gathers momentum. The ambitious initiative is positioning itself as a potential energy corridor linking West Africa to European markets by 2031. Anchored on Nigeria’s vast natural gas reserves, the proposed pipeline is expected to traverse 13 countries along the Atlantic coast. Emerging gas producers such as

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Gold International News

Sudan’s Gold Sector Becomes Economic Lifeline Amid Prolonged Conflict

Sudan Relies on Gold Revenues as War Enters Fourth Year, Smuggling and Investor Shifts Reshape Sector Sudan’s gold industry is emerging as the government’s primary source of revenue as the country’s civil war enters its fourth year. Strong performance from artisanal mining and renewed efforts to attract foreign investment are reshaping the sector’s role in the national economy. The Sudanese Mineral Resources Company (SMRC) reported that revenues from artisanal mining reached 113% of first-quarter targets

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International News Oil

Uganda Plans New Oil Licensing Round to Expand Reserves

Uganda to Launch Third Oil Licensing Round as It Prepares for First Crude Production Uganda is preparing to launch a new oil exploration licensing round in the next financial year, as it moves closer to starting commercial crude production and seeks to expand its resource base. Speaking at a petroleum conference, Energy Minister Ruth Nankabirwa confirmed that the country will open its third petroleum licensing round in the financial year beginning in July. The round

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International Gas News

Cameroon Awards Five Oil and Gas Blocks in 2025–2026 Licensing Round

Cameroon Grants Key Exploration Blocks to Murphy and Octavia to Revive Oil Output Cameroon’s Société Nationale des Hydrocarbures (SNH) has advanced its 2025–2026 licensing round, originally launched on August 1, 2025, with the award of five oil and gas blocks to international operators. Murphy West Africa has secured four blocks in the Douala–Kribi–Campo basin, a strategically important offshore and coastal region known for its established infrastructure and previous hydrocarbon discoveries. Octavia Energy Corporation has been

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