De Beers Launches Jewellery Collection Featuring Ethically Sourced Artisanal Diamonds

De Beers Unveils GemFair Capsule Jewellery Collection Showcasing Ethically Sourced Artisanal Diamonds Diamond mining company De Beers Group, through its GemFair programme and luxury jewellery brand De Beers London, has announced the launch of a capsule jewellery collection featuring ethically sourced artisanal diamonds. In a media release issued on January 23, De Beers said the launch marks the first time GemFair’s ethically sourced, artisanal-mined diamonds have been incorporated into fine jewellery, bringing their story of

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Zambia’s Ambassador Attends Angola Diplomatic New Year Ceremony, Strengthening Bilateral Ties

Zambia Ambassador in Angola Attends Diplomatic New Year Ceremony, Boosts Regional Cooperation Zambia’s Ambassador to the Republic of Angola, His Excellency Reverend Dr. Elias Munshya, attended the New Year Greetings Ceremony of the Diplomatic Corps hosted by Angolan President João Lourenço in Luanda. The ceremony, held at the Protocol Complex of the Angolan Presidency, brought together members of the diplomatic community accredited to Angola. During the event, President Lourenço reaffirmed Angola’s commitment to peace, regional

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Botswana Diamonds Secures New Licences to Expand into Copper and Gold Exploration

Botswana Diamonds Enters Copper and Gold Exploration with 7,000 km² of New Licences in Botswana AIM- and BSE-listed Botswana Diamonds has announced the award of eight prospecting licences covering approximately 7,000 km² in north-western Botswana, marking a potential entry into the copper and gold sectors. The licences, which are valid until December 31, 2028, were selected following an extensive AI-driven assessment of the company’s Botswana-focused exploration database, which spans about 95,000 km². The analysis incorporated

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Lucara Seeks TSX Hardship Exemption for C$165m Dilutive Financing

Lucara Applies for TSX Hardship Exemption to Complete C$165m Private Placement for Karowe UGP Diamond producer Lucara Diamond Corp has applied to the Toronto Stock Exchange (TSX) for a financial hardship exemption that would allow it to complete a highly dilutive C$165-million private placement without shareholder approval, citing severe liquidity constraints and the risk of disruption to its Karowe Underground Project (UGP) in Botswana. The application relates to Lucara’s previously announced non-brokered equity private placement,

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Botswana’s Diamond Stockpile Swells as Low Prices Weigh on Economy

Botswana Diamond Stockpile Nearly Doubles Target Level Amid Prolonged Price Slump Botswana’s diamond stockpile has grown to nearly double its target inventory level as persistently low prices continue to limit production growth, constraining the country’s ability to stimulate economic activity in the short term, the finance ministry has said. According to the ministry, Botswana’s economy is expected to contract by almost 1% in 2025, following a 3% decline in 2024, largely as a result of

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Pensana Advances Longonjo with 7 000 m Infill Drilling Programme

Pensana Launches 7 000 m Infill Drill Programme at Longonjo Rare Earths Project in Angola London-listed Pensana has commenced preparations for a 7 000 m infill drilling programme at its Longonjo rare earths project in Angola, marking another step toward mine development. The drilling programme is designed to deliver detailed geological and grade control data ahead of the planned start of mining and stockpiling or blending activities in early 2027. It will run in parallel

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AfDB Approves $150 Million Loan for Mozambique’s Coral North FLNG Project

African Development Bank Backs Mozambique’s Coral North FLNG Project with $150 Million Loan The African Development Bank (AfDB) has approved a $150 million senior loan to support the Coral North Floating Liquefied Natural Gas (FLNG) Project, a major offshore energy development in Mozambique. The decision was endorsed by the AfDB Board of Directors on 14 January. Coral North FLNG builds on the success of the Coral South FLNG project, which began operations in 2022. The

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Soleos Energy Targets Large-Scale Solar Investment in Zambia

Soleos Energy Plans Up to 5,000MW Solar Power Investment in Zambia by 2030 Soleos Energy Limited, a global solar power developer, in partnership with Zambia’s Octane Investment Limited, has expressed strong interest in developing 1,000 megawatts (MW) of solar power generation capacity in Zambia by 2030, with plans to scale the investment to as much as 5,000MW over the long term. The proposed solar power project is expected to be implemented in Zambia’s Central Province,

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Kenya Moves to Privatise State Oil Pipeline Operator in Landmark IPO

Kenya Launches $825 Million Oil Pipeline IPO as Government Accelerates Privatisation Drive Kenya has launched the sale of a 65% stake in its state-owned oil pipeline operator, targeting proceeds of 106.3 billion shillings (approximately $825 million) in what is set to become East Africa’s largest initial public offering (IPO) denominated in local currency. The offering is a central pillar of President William Ruto’s broader strategy to divest from state-owned enterprises and relieve mounting pressure on

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Shell Revives Nigeria’s Bonga South West-Aparo Project with New FPSO Tender

Shell Restarts Work on Nigeria’s $12 Billion Bonga South West-Aparo Deepwater Oil Project Shell Plc has restarted preparatory activity on Nigeria’s long-delayed Bonga South West-Aparo offshore oil project by launching a new tender process for a floating production, storage, and offloading (FPSO) unit, signaling renewed momentum for one of the country’s largest undeveloped deepwater prospects. The tender, initiated by the British energy major as part of early-stage project work, relates to the Bonga South West-Aparo

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