Vital Industry News
Puma Energy Reaffirms Investment Push in Mozambique’s Energy Transition and CNG Expansion Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains TotalEnergies Local Procurement Tops US$141 Million as Namibia Supplier Base Expands Namibian Businesses Urged to Raise Standards to Access Oil and Gas Opportunities Kudu Gas Commercialisation Faces Long Road Despite Namibia’s Energy Ambitions Nasan Energies Completes Acquisition of Divested Vivo Energy Service Stations in Namibia Afentra Expands Angola Portfolio with Award of KON4 Onshore Oil Block Impact Oil & Gas Splits Assets in Strategic Restructuring to Prioritize Namibian Oil Development Eskom Begins Major Solar Rollout at Lethabo Power Station Under R1.2 Billion Green Energy Plan Petra Diamonds Restructures Operations as Weak Diamond Prices Pressure South African Mines
International Corporate News Oil

Puma Energy Reaffirms Investment Push in Mozambique’s Energy Transition and CNG Expansion

Corporate News Gas International

Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains

International Corporate News Oil

TotalEnergies Local Procurement Tops US$141 Million as Namibia Supplier Base Expands

More Angolan Mining News

International Corporate News Oil

Puma Energy Reaffirms Investment Push in Mozambique’s Energy Transition and CNG Expansion

Puma Energy to Expand Mozambique Operations With Focus on CNG, Carbon Projects and Rural Fuel…
Corporate News Gas International

Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains

Rovuma LNG Project May Boost Mozambique GDP by $11 Billion a Year, Says Standard Bank…
International Corporate News Oil

TotalEnergies Local Procurement Tops US$141 Million as Namibia Supplier Base Expands

TotalEnergies Spends US$141 Million on Namibian Suppliers, Expands Local Content Drive TotalEnergies has spent more…
International Gas News Oil

Namibian Businesses Urged to Raise Standards to Access Oil and Gas Opportunities

Certification, Compliance and Infrastructure Key for Namibian Suppliers Seeking Oil and Gas Contracts Namibian businesses…
International Corporate News Gas

Kudu Gas Commercialisation Faces Long Road Despite Namibia’s Energy Ambitions

Wood Mackenzie Warns Kudu Gas Project Faces Infrastructure and Demand Challenges Before Commercialisation Offshore gas…
International Corporate News Mergers & Acquisitions Oil

Nasan Energies Completes Acquisition of Divested Vivo Energy Service Stations in Namibia

Nasan Energies Acquires Former Engen and Shell Service Stations as Vivo Energy Completes Regulatory Divestment…
Local News Transport and Logistics

$1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola

Africa Finance Corporation and AfDB Back $5 Billion Lobito Corridor Railway to Connect Zambia Copper Mines to Angola Port The Africa Finance Corporation (AFC) and the African Development Bank (AfDB) have each committed $500 million toward the development of the Lobito Corridor railway project, a strategic infrastructure link designed to connect Zambia’s copper-rich regions to global markets through the Angolan port of Lobito. In addition, Italy will contribute approximately $320 million to the project, according

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Diamonds International News

India-Led Kimberley Process Pushes for Digital Traceability and Stronger Diamond Certification Standards

Kimberley Process Chair Calls for Digital Traceability and Stronger Compliance to Boost Global Diamond Certification Credibility The Kimberley Process (KP) must strengthen its digital communication systems and adopt more robust traceability standards to reinforce trust in the global diamond certification system, according to KP 2026 Chair Suchindra Misra. Misra, appointed by the Government of India to lead the initiative this year, emphasized the need to modernise the Kimberley Process Certification Scheme (KPCS) to address emerging

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International Gold News

Burkina Faso Moves to Increase State Stake in Kiaka Gold Mine Amid West African Resources Expansion Plans

Burkina Faso Seeks 40% Stake in Kiaka Gold Mine as West African Resources Suspends Trading Over Ownership Shift Burkina Faso has notified West African Resources Limited of its intention to increase the state’s stake in the Kiaka gold mine from 15% to 40%, marking a significant escalation in government participation in one of West Africa’s key gold assets. The development comes as the Australian-listed mining company prepares for a sharp increase in production across its

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International News Oil

Africa’s Strategic Rise as Global Energy and Shipping Routes Shift Away from the Strait of Hormuz

Strait of Hormuz Disruptions Push Global Trade Toward Africa’s Red Sea, Gulf of Aden, and Atlantic Shipping Corridors Africa is emerging as an increasingly important player in global energy and maritime logistics as ongoing disruptions in the Middle East drive a significant rerouting of international shipping away from the Strait of Hormuz, one of the world’s most critical oil transit chokepoints. Recent shipping data indicates that traffic through the Strait of Hormuz has fallen by

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Oil Gas International News

Namibia’s Oil and Gas Sector Enters New Investment Phase with Planned Sintana Energy NSX Listing

Namibia Oil and Gas Sector Advances as Sintana Energy Plans Secondary Listing on NSX to Boost Local Investment Participation Namibia’s oil and gas industry is entering a new phase of financial development following the planned secondary listing of Sintana Energy on the Namibia Securities Exchange (NSX), a move widely seen as a milestone for local capital market participation in the country’s emerging upstream energy sector. The listing, announced at the Namibia International Energy Conference (NIEC)

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International Energy News

AfDB Boosts Uganda Rural Electrification Drive with €7.33 Million in Additional Financing

African Development Bank Approves €7.33 Million for Uganda Rural Electricity Project to Expand Access and Complete Compensation Payments The African Development Bank (AfDB) Group has approved an additional €7.33 million in financing to complete compensation payments for communities affected by the Uganda Rural Electricity Access Project (UREAP) Phase I. Approved on 7 April, the funding is intended to close existing financing gaps, ensure full compensation for project-affected persons, and support the completion of outstanding environmental

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Corporate News International Oil

TotalEnergies Expands African Energy Push as Namibia Emerges as Key Offshore Oil Frontier

TotalEnergies Boosts Africa Exploration Strategy as Namibia Offshore Oil Projects Advance Toward 2026 Investment Decision TotalEnergies is accelerating its global exploration strategy, investing approximately $1 billion annually in new energy developments as it strengthens its upstream portfolio across key regions, including Africa. The company says its long-term growth depends not only on capital investment but also on building strong partnerships, trust, and sustained collaboration with host governments and local communities. Namibia Emerges as a Strategic

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Local Corporate News Gas News Oil

ReconAfrica Expands Into Angola as It Strengthens Oil and Gas Exploration Across Africa

ReconAfrica Enters Angola Oil Exploration with New Partnership as Kavango Basin and Gabon Projects Advance Reconnaissance Energy Africa (ReconAfrica) has expanded its African exploration footprint, marking a strategic entry into Angola while continuing to advance key oil and gas projects across the continent. The company confirmed new exploration activity in Angola alongside ongoing developments in Namibia and Gabon, as it strengthens its position in several high-potential sedimentary basins. Angola Entry Marks Strategic Expansion A major

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International News Oil Petroleum

Uganda Targets 10% GDP Growth on Oil Start as Infrastructure and Timeline Challenges Persist

Uganda Eyes Double-Digit GDP Growth from Oil Production Despite Pipeline Delays and 2027 Output Risks Uganda is projecting that its Gross Domestic Product (GDP) could grow by more than 10% once commercial oil production begins, according to government statements shared on X. The state also announced it has allocated UGX 24.3 billion (approximately $6.57 million) to accelerate preparations for production. The government maintains that oil output could begin this year, marking a major milestone in

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Local Mining News

Angola Tightens Mining Regulation in Huíla Amid Push for Digital Reform and Investment Protection

Angola Boosts Mining Oversight in Huíla as Government Targets Illegal Mining and Advances Digital Licensing System Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, conducted a working visit to Huíla Province this Monday, where he led a consultation meeting with operators in the ornamental stone sector. The discussions focused on key industry challenges, including licensing procedures, sector registration, and the rollout of digital systems for mining administration. The meeting took place in Lubango

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