Angola Seeks to Deepen Australian Investment in Mining Sector

Australian Investors Eye Angola’s Critical Minerals and Mining Opportunities Angola has positioned itself as an emerging destination for Australian investment, particularly in mining and critical minerals, as the country seeks to attract international capital and expand development of its mineral resources. Speaking at the first Australia–Angola Business Forum in Perth, Australian businessman Stephen Lee Wetherall described Angola as a safe and recommendable destination for Australian private investment in Africa. Wetherall, who has worked in Angola

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Angola Positions Cubango as New Frontier for Mining and Oil Investment

Cubango Emerges as Angola’s New Mining and Oil Exploration Frontier Angola has identified Cubango Province as an emerging frontier for mining and oil investment as the government seeks to unlock new resource potential and diversify the country’s economy. Minister of Mineral Resources, Oil and Gas Diamantino Azevedo said Cubango had significant geological potential, particularly for copper and cobalt, while exploration had also indicated the presence of iron, gold and lead. The province forms part of

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Angola Accelerates Electrification as Half of Population Remains Without Power

Angola Targets Wider Electricity Access Through Grid Expansion and Regional Interconnections About half of Angola’s population remained without access to electricity, highlighting the scale of the country’s electrification challenge despite growing power-generation capacity. Energy and Water Minister João Baptista Borges said the government was prioritising nationwide electrification, with public investment directed towards extending electricity access to underserved communities. Borges said Angola also needed to make greater use of its available generation capacity. The country currently

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Angola Targets US$13 Billion Investment to Build Gas-Based Industries

Angola Gas Master Plan Targets US$13 Billion Across Five Industrial Hubs Angola has unveiled a gas investment plan worth more than US$13 billion aimed at developing infrastructure and industries around the country’s natural gas resources. The Gas Master Plan, presented by the National Agency of Petroleum, Gas and Biofuels (ANPG) during the 2026 Angola Oil & Gas Conference in Luanda, identified five industrial hubs in Cabinda, Soyo, Porto Amboim, Benguela and Namibe. Of the planned

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Angola Expands Diamond Value Addition with New Saurimo Factory

Seventh Diamond Cutting and Polishing Factory Set to Open in Angola’s Saurimo Angola was preparing to open its seventh diamond cutting and polishing factory at the Saurimo Diamond Development Hub (PDDS) in Lunda Sul Province, further expanding the country’s domestic diamond processing capacity. The announcement was made by Minister of Mineral Resources, Oil and Gas Diamantino Azevedo during the Forum on Investment in the Mining and Oil Sectors in Menongue. The minister said the new

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Libya and Tunisia Open Joint Offshore Oil and Gas Bid Round

Libya-Tunisia Joint Oil Offers 3,000km² Offshore Acreage in New Exploration Bid Round Libya and Tunisia have opened a new bid round for oil and gas exploration and development opportunities in their shared offshore zone, covering approximately 3,000 square kilometres in the central Mediterranean. The round, launched by the Libya-Tunisia Joint Exploration, Exploitation and Petroleum Services Company (Joint Oil), includes exploration of the Joint Oil Block and development of the Zarat oil and gas discovery, which

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Africa Energy Advances Development Plans for South Africa’s Block 11B/12B

Africa Energy Moves Ahead With Brulpadda and Luiperd Gas Development Offshore South Africa Africa Energy Corp. has advanced plans to develop the Brulpadda and Luiperd gas-condensate discoveries in South Africa’s offshore Block 11B/12B after submitting a new environmental authorisation application covering full-field development and production activities. The application was submitted by Main Street 1549 to the Petroleum Agency of South Africa on September 14, replacing an earlier application focused on a non-intrusive survey programme. A

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Indonesia Targets Deeper Oil and Gas Investment in Angola

Indonesia Eyes Angola Upstream Investment, Oil Offtake and Energy Training Partnerships Indonesia is seeking to deepen its oil and gas relationship with Angola through upstream and midstream investment, long-term crude and gas offtake agreements and technical training for Angolan students. Indonesia’s Vice Foreign Minister Arif Havas Oegroseno said the country wanted to build a broader partnership with Angola by drawing on its experience as a former oil exporter that has become increasingly dependent on imports.

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Oil Prices Near $100 as Middle East Strikes Raise Supply Risks

Brent Crude Nears $100 as Middle East Conflict Threatens Oil Supply and Shipping Routes Brent crude prices moved close to US$100 a barrel on September 9 as renewed attacks across the Middle East heightened concerns over disruptions to oil supplies and key shipping routes. Brent futures rose 1.3% to US$99.22 a barrel, while US West Texas Intermediate crude gained 1.2% to US$94.13 a barrel. Brent had increased by about 25% since early August as hopes

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Botswana and Angola Target Trade Growth by Removing Cross-Border Transport Barriers

Boko, Lourenço Call for Stronger Botswana-Angola Trade Connectivity Botswana and Angola are seeking to strengthen trade and transport links between the two countries, with Presidents Duma Boko and João Lourenço highlighting the need to address existing constraints on the movement of goods. The issue was raised during President Boko’s three-day state visit to Angola in September, where the two countries discussed measures to deepen economic and commercial cooperation. Lourenço said the potential for stronger bilateral

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