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Local News Transport and Logistics

Angola and France Deepen Strategic Transport Cooperation in Paris

Angola’s Minister of Transport, Ricardo Viegas D’Abreu, and France’s Minister Delegate for Transport, Philippe Tabarot, convened in Paris to enhance bilateral collaboration in the fields of transportation and infrastructure. The high-level meeting focused on several key areas of strategic importance: Civil Aviation: Discussions highlighted Air France’s operations in Angola and the expansion of TAAG Angola Airlines’ fleet with Airbus aircraft, aiming to boost connectivity and modernize the national carrier. Urban Mobility: Both nations emphasized the

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International News Renewable Energy

Zambia Launches $40 Million Solar Power Project to Energize Public Institutions

The Government of Zambia has formalized a $40 million partnership to deploy 50 megawatts (MW) of solar power across 209 public institutions in the Eastern Province, marking a major step toward the country’s clean energy transition. The initiative falls under the Presidential Solar Initiative, spearheaded by President Hakainde Hichilema, which aims to add 1,000 MW of solar energy to Zambia’s national grid by 2025. The agreement was signed between Zambian firm Accura Logistics and international

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International Gold News

Mali Begins Construction of Russia-Backed Gold Refinery to Assert Resource Sovereignty

Mali has officially begun construction of a new gold refinery backed by Russia, a move the country’s military leadership says will strengthen national control over its vast natural resources. The facility, which will have a refining capacity of 200 tons per year, is being built in partnership with Russia’s Yadran Group and a Swiss investment firm. The Malian government will maintain a controlling stake in the project. Speaking at the groundbreaking ceremony in Senou, near

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Economy Local News Transport and Logistics

Lobito Corridor Seen as Key Driver of Angola’s Economic Transformation

The Lobito Corridor is being regarded by members of the Benguela Business Alliance as a strategic route for the large-scale distribution of national production. This view was shared with Jornal de Angola by Adérito Areias, president of the Alliance. According to Areias, the infrastructure is expected to drive the country’s economic development by facilitating the movement of goods and promoting regional growth. “We must see the Lobito Corridor as a tool for development and take

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Local News Transport and Logistics

$15 Million in Environmental Funding Expected for Lobito Corridor by Year-End

A total of 15 million US dollars is expected to be made available by the end of this year to support environmental initiatives and projects along the Lobito Corridor, announced the Vice-Governor for the Technical and Infrastructure Sector on Monday in Cuito. According to José Fernando Tchatuvela, who shared the news during a meeting with a multi-sectoral delegation from the Angolan Government visiting Bié Province, the funding is part of a broader support initiative backed

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Oil International News

Russia and Republic of Congo Sign Landmark Oil Pipeline Agreement

Russian President Vladimir Putin has signed into law the ratification of a bilateral agreement with the Republic of Congo for the construction of a major oil pipeline linking Pointe-Noire, Loutété, Maloukou, and Trechot. The pipeline, which is expected to be completed within three years, is projected to operate for 30 to 40 years, significantly enhancing the region’s energy infrastructure. The agreement establishes a partnership between Russian construction firm Zakneftegazstroy-Prometey and Société Nationale des Pétroles du

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Diamonds Local News

Angola Takes Major Step Toward Global Integration by Joining Diamond Federation

Angola has officially begun the process of joining the World Federation of Diamond Bourses (WFDB) through its newly established Angola Diamond Exchange, marking a significant milestone in the country’s integration into the international diamond industry. The announcement was made by Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, during the WFDB’s 2025 President’s Meeting held in New York on June 12. Qatar also expressed interest in joining the WFDB during the same event.

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Local News Oil

Cuanza-Norte Sees 167% Surge in Refined Oil Sales in Q1 2025

The volume of refined petroleum products traded in the province of Cuanza-Norte during the first quarter of 2025 reached 27,901.38 metric tons, with diesel accounting for 72% of sales and gasoline representing 21%. These figures were presented by Luís Fernandes, Director-General of the Regulatory Institute for Petroleum Derivatives (IRDP), at the recent Forum on Investment in the Mineral Resources, Oil, and Gas Sector, held in Ndalatando under the theme: “Investment in the Mining and Oil

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Local News Oil

Angola Invites Foreign Investment in Onshore Oil Exploration

Luanda, Angola – The Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, called on foreign investors to explore opportunities in Angola’s onshore oil sector. Speaking at the opening of the 2nd Onshore and Inland Basins Exploration Forum in Luanda, the minister urged international stakeholders to bring technology, capital, and expertise to the country. Azevedo emphasized that strengthening Angola’s oil industry requires building a collective capacity to attract investment, promote innovation, and maintain a stable,

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Local News Oil

ADES Holding Secures $34 Million Offshore Drilling Contract in Cameroon

Saudi-based drilling and production services company ADES Holding has secured a $34 million offshore drilling contract in Cameroon with Addax Petroleum, marking the company’s entry into the Cameroonian market. Operations are scheduled to commence in the fourth quarter of 2025. Under the terms of the agreement, ADES Holding will deploy the Admarine 510 offshore platform to carry out drilling and extraction operations. The initial contract term is 12 months, with two optional six-month extensions, potentially

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