Angola Set to Join Global Niobium Producers as Niobonga Project Nears Launch

Angola to Become Africa’s First Niobium Producer as $150 Million Niobonga Project Nears Production Angola is preparing to enter the global niobium market, with the country’s first niobium mining project nearing completion in Quilengues, Huíla Province. The Niobonga project, being developed at the Bonga and Tchivira Carbonatite Complex, is expected to position Angola as the third niobium-producing country in the world after Brazil and Canada, and the first in Africa. Minister of Mineral Resources, Petroleum

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Angola Urges Oil Operators to Push Production Above One Million Barrels Per Day

Angola Targets Oil Production Above 1 Million Barrels Per Day as Government Calls for More Investment Angola’s government has called on oil companies operating in the country to increase crude oil production beyond one million barrels per day, as the country seeks to build on recent efforts to stabilise output and attract further investment into its petroleum sector. Minister of Mineral Resources, Petroleum and Gas Diamantino Azevedo made the appeal in Luanda on Monday, 31

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South Africa’s Junior Diamond Sector Battles Rising Costs and Industry Headwinds

South Africa’s Small-Scale and Junior Diamond Miners Face Rising Costs and Regulatory Challenges South Africa’s small-scale and junior diamond mining sector is facing mounting pressure from rising operating costs, regulatory challenges and limited access to funding, threatening the viability of smaller producers. Industry stakeholders say junior and small-scale miners are particularly vulnerable because they generally operate with limited financial resources and lack the economies of scale available to larger mining companies. Access to capital remains

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US-Venezuela Oil Deal Raises Questions Over Contract Terms and Transparency

Experts Seek Clarity on US-Venezuela Oil Deal as Contract Details Remain Unclear The emerging oil agreement between the United States and Venezuela is facing scrutiny from energy experts and legal specialists, who are calling for greater transparency around the terms and structure of the deal. Questions have been raised over how the agreement will work in practice, particularly regarding the ownership, control and commercial arrangements surrounding Venezuela’s oil resources. Industry experts and lawyers say the

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Indian Oil Secures Algerian LPG Supply Deal for 2027

Indian Oil Secures 2027 LPG Deal with Algeria’s Sonatrach as India Diversifies Energy Supplies Indian Oil Corporation (IOC), India’s largest refiner, has finalised an agreement with Algeria’s state-owned energy company Sonatrach to import liquefied petroleum gas (LPG) in 2027, as India moves to diversify its energy supplies and reduce reliance on Middle Eastern sources. Under the agreement, IOC will receive one very large gas carrier (VLGC) of LPG each month, carrying between 45,000 and 55,000

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DRC President Reassures on $1.26 Billion Dilolo-Sakania Railway Concession

DRC Secures $1.26bn Railway Investment as Tshisekedi Clarifies Dilolo-Sakania Concession DRC President Félix Tshisekedi has reassured the public that the concession of the Dilolo-Sakania railway line will not privatise the state-owned railway company or create a monopoly, as the government moves to attract major investment to modernise the strategic rail corridor. Tshisekedi’s remarks follow the signing of a 30-year concession agreement between the DRC government and Mota-Engil Engenharia e Construção Africa S.A. on 26 August

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Central African Republic Inaugurates 50 MW Sakaï Solar-Storage Plant

Central African Republic Inaugurates 50 MW Solar Plant with Battery Storage to Boost Electricity Supply The Central African Republic (CAR) has inaugurated a 50 MW solar photovoltaic plant with 15 MWh of battery storage at Sakaï, southwest of the capital Bangui, marking a major step in the country’s efforts to expand electricity generation and improve grid reliability. Developed by UAE-based Global South Utilities (GSU), the facility features more than 80,000 solar panels and 156 inverters.

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Angola Secures €665 Million Financing for Luena-Saurimo Railway Project

Angola Secures €665 Million for Luena-Saurimo Railway Linking Mining Regions to Lobito Corridor Angola has authorised financing of up to €665 million to support construction of the 260-kilometre Luena-Saurimo railway line, a major infrastructure project designed to strengthen rail connectivity between eastern Angola and the Benguela Railway and Lobito Corridor. The financing is backed by three European export credit agencies  UK Export Finance (UKEF), Poland’s KUKE and Dutch ECA Atradius with HSBC Bank arranging the

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Egypt Approves New Oil and Gas Free Zone in New Alamein

Egypt Approves New Oil and Gas Free Zone in New Alamein to Boost Petroleum Trading Egypt has approved the establishment of a new special free zone in New Alamein City dedicated to the storage and trading of crude oil and petroleum products. The zone will be operated by Fujairah Alamein Oil and Gas Company, an Egyptian Emirati joint-stock company, under Cabinet Resolution No. 65 of 2026. The facility will cover approximately 738,000 square metres in

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Angola to Lead High-Level Mining Investment Panel at Africa Down Under in Australia

Angola to Showcase Critical Minerals Investment Opportunities at Africa Down Under 2026 in Australia Angola is set to take centre stage at the 24th Africa Down Under Mining Sector Conference in Perth, Western Australia, with the country hosting a high-level panel focused on investment and development opportunities in the critical minerals sector. The panel will form part of the inaugural Australia-Angola Business Forum, scheduled for September 3 during “Angola Day” at Africa Down Under. The

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