Vital Industry News
PHC Plans Palm Oil Refinery in DRC to Boost Local Value Addition and Reduce Import Gap IEA Warns Middle East Conflict Could Disrupt Up to 120 bcm of Global LNG Supply Through 2030 $1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola India-Led Kimberley Process Pushes for Digital Traceability and Stronger Diamond Certification Standards Burkina Faso Moves to Increase State Stake in Kiaka Gold Mine Amid West African Resources Expansion Plans Africa’s Strategic Rise as Global Energy and Shipping Routes Shift Away from the Strait of Hormuz Namibia’s Oil and Gas Sector Enters New Investment Phase with Planned Sintana Energy NSX Listing AfDB Boosts Uganda Rural Electrification Drive with €7.33 Million in Additional Financing TotalEnergies Expands African Energy Push as Namibia Emerges as Key Offshore Oil Frontier ReconAfrica Expands Into Angola as It Strengthens Oil and Gas Exploration Across Africa
International News Oil

PHC Plans Palm Oil Refinery in DRC to Boost Local Value Addition and Reduce Import Gap

International Gas News

IEA Warns Middle East Conflict Could Disrupt Up to 120 bcm of Global LNG Supply Through 2030

Local News Transport and Logistics

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

More Angolan Mining News

International News Oil

PHC Plans Palm Oil Refinery in DRC to Boost Local Value Addition and Reduce Import Gap

DRC’s PHC to Build Palm Oil Refinery by 2028 as Company Targets Vertical Integration and…
International Gas News

IEA Warns Middle East Conflict Could Disrupt Up to 120 bcm of Global LNG Supply Through 2030

Middle East Conflict May Cut 120 bcm of Global LNG Supply by 2030, Warns International…
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…
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…
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…
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…
Local News

Angola Consults Stakeholders on Biofuels Bill to Attract Investment and Cut Emissions

Angola Advances Biofuels Bill to Promote Clean Energy Investment and Decarbonisation Angola’s Ministry of Mineral Resources, Petroleum and Gas on Monday gathered stakeholder contributions toward the drafting of a Biofuels Bill aimed at establishing an attractive legal and regulatory framework for both domestic and foreign investment. Speaking at the formal public consultation ceremony, Secretary of State for Oil and Gas José Barroso said the proposed legislation aligns Angola’s energy strategy with the country’s international climate

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International Gold Mining Projects

ZCCM-IH Signs MoU to Develop Gold Mining Project in North-Western Zambia

ZCCM-IH Partners Ministry of Mines and MMR on Gold Exploration and Mining Project in Zambia ZCCM Investments Holdings Plc (ZCCM-IH) has signed a Memorandum of Understanding (MoU) with the Ministry of Mines and Mineral Development (MoMMD) and Mining Mineral Resources SAS (MMR) to collaborate on the development of a gold exploration and mining project in the Kikonge area of Mufumbwe District, North-Western Province. In a transaction announcement approved by the Lusaka Securities Exchange (LuSE) and

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International Gas News Oil Petroleum

Egypt Signs $6.5 Million Exploration Deal with UK’s Terra Petroleum

Egyptian General Petroleum Corporation Enters $6.5 Million Oil and Gas Deal with Terra Petroleum The Egyptian General Petroleum Corporation (EGPC) has signed a $6.5 million oil and gas exploration agreement with UK-based Terra Petroleum, marking the company’s first entry into the Egyptian energy market. Under the terms of the agreement, Terra Petroleum will drill three exploration wells in the Northwestern El Moghra concession in Egypt’s Western Desert. The company will also conduct comprehensive 2D and

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Infrastructure Energy International News Oil

Uganda Seeks Up to $2 Billion Vitol Financing for Oil and Energy Infrastructure

Uganda’s National Oil Company Targets $2 Billion Vitol Loan to Fund Refinery and Energy Infrastructure Uganda’s national oil company, the Uganda National Oil Company (UNOC), is seeking to secure up to $2 billion in financing from Vitol Bahrain EC, a subsidiary of global commodities trader Vitol, to support major energy and infrastructure projects, according to a senior official at the Ministry of Finance. Earlier this year, the Ugandan government signed an agreement with UAE-based Alpha

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International Corporate News

Heirs Energy Secures $750 Million Financing Deal With Afreximbank

Heirs Energy Closes $750 Million Afreximbank Financing to Drive Expansion and Production Growth Heirs Energies Ltd has secured a $750 million financing facility from the African Export-Import Bank (Afreximbank), strengthening the company’s financial position and supporting its long-term expansion strategy in the energy sector. The agreement was signed in Abuja by Tony Elumelu, Chairman of Heirs Holdings, and George Elombi, President and Chairman of the Board of Afreximbank. Beyond operational efficiency, the financing is intended

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International Corporate News Oil

ReconAfrica Targets Early 2026 Production Testing in Namibia’s Kavango Basin

ReconAfrica Plans Production Testing on Kavango Basin Onshore Licence in Q1 2026 Reconnaissance Energy Africa (ReconAfrica) plans to begin production testing in the first quarter of 2026 on Petroleum Exploration Licence (PEL) 73, an onshore asset located in Namibia’s Kavango Basin. The company said it has entered an evaluation phase that has been in preparation for several weeks, following the identification of hydrocarbon indicators at the Kavango West-1X well on the licence. ReconAfrica has not

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International Renewable Energy

Mauritius CEB Launches International Tender for 2 MWp Hybrid Rooftop Solar Project

Mauritius Opens International Tender for 2 MWp Grid-Tied Hybrid Rooftop Solar Systems The Central Electricity Board (CEB) of Mauritius has launched an international tender for the supply of grid-tied, roof-mounted hybrid solar photovoltaic (PV) systems with a combined capacity of 2 megawatt-peak (MWp). Issued under Section 16 of the Public Procurement Act 2006, as amended, the tender invites eligible and qualified bidders to participate through the Government of Mauritius’ electronic procurement platform. The procurement, referenced

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International Exploration Mining News Oil

Somaliland Targets 2027 Start for Oil and Mineral Exploration

Somaliland Plans to Launch Oil and Mineral Exploration by 2027, President Irro Says Somaliland President Abdirahman Mohamed Abdullahi, widely known as Irro, has announced that the region expects to formally begin oil and mineral exploration by 2027. Speaking at the opening of the Somaliland Mining and Natural Resources Exhibition, President Irro said the region possesses significant untapped natural resources. He emphasized that the government is committed to developing these resources within a clear regulatory framework

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Corporate News International Oil

TotalEnergies Takes Over Operatorship of Namibia’s Mopane Offshore License

TotalEnergies Takes Over Operatorship of Mopane Oil Discovery in Namibia, Targets Drilling From 2026 TotalEnergies has signed an agreement with Galp to assume operatorship of Namibia’s offshore Petroleum Exploration License (PEL) 83, which contains the Mopane oil discovery. Under the terms of the agreement, the partners will implement a defined exploration and appraisal program over the next two years, including the drilling of three wells. The first well is planned for 2026, as the partners

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International News Oil

Libya Prepares for First Deepwater Exploration Well in Sirte Basin

Libya’s NOC Advances Plans for First Deepwater Drilling in Sirte Basin Offshore Block Libya’s National Oil Corporation (NOC) has announced preparations for the country’s first deepwater exploration well in the Sirte Basin, marking a potential shift toward offshore exploration that has long been discussed but never executed. While planning is well advanced, industry observers note that the true test will come once drilling operations begin. As part of the preparations, NOC’s Exploration and Drilling teams

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