Vital Industry News
Calucuve Dam Nears Completion to Strengthen Water Security in Southern Angola Lunda Norte Inaugurates Chitotolo Diamond Plant to Boost Production and Jobs Endiama and Rio Tinto Launch Chiri Mining Venture for Diamond Exploration in Angola’s Lunda Sul Nigeria Approves $10.3 Billion Eni Deepwater Oil Investment in Zabazaba and Etan Fields Botswana Signs 30-Year Deal for 500MW Solar and Battery Project in Maun Germany and South Africa Sign €200M Loan Deal to Boost Energy Transition and Green Industry South Africa Commissions 148MW Bolobedu Solar Plant in Limpopo Sun King to Invest $150 Million in Ethiopia’s Off-Grid Solar Expansion De Beers Diamond Output Rises 17% in Q1 on Strong Botswana and Canada Performance DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets
International Infrastructure Local

Calucuve Dam Nears Completion to Strengthen Water Security in Southern Angola

Diamonds Economy Local

Lunda Norte Inaugurates Chitotolo Diamond Plant to Boost Production and Jobs

Diamonds Corporate News Economy Local

Endiama and Rio Tinto Launch Chiri Mining Venture for Diamond Exploration in Angola’s Lunda Sul

More Angolan Mining News

International Infrastructure Local

Calucuve Dam Nears Completion to Strengthen Water Security in Southern Angola

Angola’s Calucuve Dam Set for July Completion to Boost Water Supply, Agriculture, and Drought Resilience…
Diamonds Economy Local

Lunda Norte Inaugurates Chitotolo Diamond Plant to Boost Production and Jobs

Angola Opens $9M Chitotolo Processing Plant in Lunda Norte, Raising Diamond Output Capacity by 140%…
Diamonds Corporate News Economy Local

Endiama and Rio Tinto Launch Chiri Mining Venture for Diamond Exploration in Angola’s Lunda Sul

Angola Launches Chiri Mining JV as Endiama and Rio Tinto Begin Diamond Exploration in Lunda…
International Corporate News Oil

Nigeria Approves $10.3 Billion Eni Deepwater Oil Investment in Zabazaba and Etan Fields

Nigeria Clears $10.3B Eni Offshore Oil Project to Develop Zabazaba and Etan Fields, Targeting 150,000…
Renewable Energy International News

Botswana Signs 30-Year Deal for 500MW Solar and Battery Project in Maun

Botswana Launches 500MW Solar + 500MWh Storage Project to Cut Power Imports and Boost Energy…
Renewable Energy International News

Germany and South Africa Sign €200M Loan Deal to Boost Energy Transition and Green Industry

South Africa Secures €200M German Loan to Upgrade Grid and Expand Renewable Energy and Green…
Local Economy Gas News Oil

Angola Reports $565 Million in Social Investment from Mineral, Oil, and Gas Companies

Angola’s Extractive Sector Channels Over $565 Million Into Community Development Projects in 2024 Companies operating in Angola’s mineral resources, oil, and gas sectors invested more than USD 565 million in 2024 across 860 social projects focused on education, health, economic development, culture, sports, environmental protection, and biodiversity. The figures were announced on Monday by the Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, during the public presentation of the 2024 Social Investment Report detailing

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International Gas News

Mozambique’s Cabo Delgado Sees Entrepreneur Boom After LNG Project Restart

Investor Momentum Builds as LNG Revival Reshapes Cabo Delgado’s Business Landscape Cabo Delgado is experiencing a marked surge in business activity following the announcement of the resumption of the Liquefied Natural Gas (LNG) project in the Rovuma Basin. The confirmation comes from the provincial representative of the Confederation of Economic Associations of Mozambique (CTA). Nearly four years after the Mozambique LNG project in Area 1 was halted due to terrorist attacks, the province’s economy is

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Corporate News Oil

ExxonMobil Ends Force Majeure at Mozambique’s Rovuma LNG Project

ExxonMobil Lifts Force Majeure on Rovuma LNG, Paving the Way for 2025 FID Target ExxonMobil has officially lifted the force majeure declaration on the 18-million-metric-ton-per-year Rovuma LNG export project in Mozambique, the company told Platts on Nov. 20. “The lifting of FM allows us to stay on track with our Rovuma LNG project,” a company spokesperson said. “We are working with our partners and the government of Mozambique to ensure the safety of our people

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Local Energy News

Quibala Electrification Project Transforms Lives in Cuanza Sul

Cuanza Sul Expands Access to Electricity: Quibala Project Benefits 170,000 Residents The residents of Cuanza Sul are now enjoying greater access to electricity following the inauguration of the Quibala electrification project this Thursday. The ceremony was led by the Minister of Energy and Water, João Baptista Borges, who also launched new electrification works in the municipalities of Ebo and Conde. According to a statement from the Ministry of Energy and Water, obtained by VerAngola, Minister

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Local News Oil

Angola Reinforces Measures to Curb Fuel Smuggling and Promote Sustainable Resource Management

Angola Intensifies Actions Against Fuel Smuggling as Government Targets Sustainable Resource Development The Angolan Government continues to prioritize the fight against fuel smuggling, implementing a range of measures designed to discourage this persistent practice. The assurance was given by the Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, who reaffirmed the Executive’s commitment to curbing the illegal flow of fuel across borders. According to the minister, fuel smuggling is largely driven by significant price

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Corporate News International Oil

TotalEnergies Boosts Stake in Nigeria’s OPL 257 to 90% in Major Offshore Expansion Deal

TotalEnergies Increases Ownership in Nigeria’s OPL 257 as Offshore Strategy Advances TotalEnergies has signed new agreements with Conoil to acquire an additional 50% interest in the OPL 257 exploration block, raising its total stake to 90%. The move strengthens the company’s strategic position in Nigeria’s offshore oil sector and supports its goal of achieving cost-efficient production growth by utilising existing offshore infrastructure. OPL 257 lies approximately 150 kilometres off Nigeria’s coast and borders PPL 261,

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International News Oil

Uganda’s $4 Billion Oil Refinery Project Gains Momentum with New Investment Deals

Uganda Secures New Investors to Advance $4 Billion Oil Refinery Project Uganda’s ambitious $4 billion oil refinery project is accelerating after the government signed new agreements that brought additional foreign investors on board. The development signals growing international confidence in Uganda’s emerging energy sector. The latest contracts are designed to advance construction plans and strengthen the refinery’s capacity to process domestically produced crude oil. Petroleum Minister Ruth Nankabirwa said the renewed investor support reinforces the

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Oil International News

Libya Advances Major Oilfield Bidding Round to Revive Energy Sector

Libya Nears Completion of First Oilfield Bidding Round in 17 Years to Attract Global Investment Libya is nearing the completion of a landmark bidding round for oilfield exploration, signalling a renewed push to attract foreign investment and revitalise its energy sector. The state-owned National Oil Corporation (NOC) confirmed that companies are expected to submit their offers in February. This marks Libya’s first bidding round in more than 17 years and includes 22 exploration and development

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Energy Expos & Events International

Africa Urged to Mobilise Pension Funds to Drive Energy and Infrastructure Growth

African Pension Funds Urged to Drive Energy Infrastructure Growth at G20 Africa Energy Investment Forum The G20 Africa Energy Investment Forum, hosted by the African Energy Chamber (AEC), underscored the critical role African pension funds can play in closing the continent’s energy and infrastructure investment gap. Speaking at the forum, NJ Ayuk, Executive Chairman of the AEC, urged African nations to mobilise domestic capital to meet rapidly growing energy demands.“Millions of Africans still lack access

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Local Mining Projects News

Pensana Targets 1 Billion Tonnes at Angola’s Longonjo Rare Earth Project

Pensana Launches $11M Drilling Program to Expand Longonjo Rare Earths Resource Critical minerals company Pensana Rare Earths is preparing an $11-million drilling and metallurgical programme aimed at increasing the Joint Ore Reserve Committee (JORC)-compliant resource estimate at its Longonjo project in Angola to over one billion tonnes, potentially making it one of the world’s largest rare earths deposits. The programme, set to begin in early 2026, will include 25,000 metres of vertical core drilling to

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