Vital Industry News
DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets Dangote Plans Major Refinery Expansion to Boost Capacity and Create Thousands of Jobs South Africa Turns to US Fuel Imports as Middle East Supply Risks Reshape Energy Trade Senegal Takes Full Control of Yakaar-Teranga Gas Project After Kosmos Energy Withdrawal Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum France Intensifies Push into Namibia’s Oil Sector as TotalEnergies Targets Major Offshore Projects Zambia Secures $1.5 Billion China Deal to Add 900 MW Power Capacity and Strengthen Energy Security Dangote Plans Major East Africa Refinery Expansion as African Leaders Push for Industrial Self-Sufficiency DRC Pushes for Energy Transformation as It Showcases Massive Hydropower Potential at African Energy Forum
Gold Economy International

DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets

Corporate News International Oil

Dangote Plans Major Refinery Expansion to Boost Capacity and Create Thousands of Jobs

International News Oil Petroleum

South Africa Turns to US Fuel Imports as Middle East Supply Risks Reshape Energy Trade

More Angolan Mining News

Gold Economy International

DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets

DR Congo Partners with UAE-Based Paradigm Holdings to Boost Gold Exports Through Dubai Trading Hub…
Corporate News International Oil

Dangote Plans Major Refinery Expansion to Boost Capacity and Create Thousands of Jobs

Aliko Dangote Targets 1.4 Million Barrels Per Day Capacity Expansion at Dangote Refinery, Creating Up…
International News Oil Petroleum

South Africa Turns to US Fuel Imports as Middle East Supply Risks Reshape Energy Trade

South Africa Boosts US Fuel Imports Amid Strait of Hormuz Tensions and Rising Global Shipping…
International Energy Gas News

Senegal Takes Full Control of Yakaar-Teranga Gas Project After Kosmos Energy Withdrawal

Senegal Transfers Yakaar-Teranga Gas Project to State Firm PETROSEN as Kosmos Energy Exits Major Offshore…
International Corporate News Oil

Rhino Resources Advances Capricornus Oil Discovery Appraisal Offshore Namibia

Rhino Resources Launches Capricornus-1A Appraisal Well to Assess Light Oil Discovery in Namibia’s Orange Basin…
Corporate News Gas International Oil

TotalEnergies Expands Local Supplier Spending as Namibia’s Oil and Gas Sector Gains Momentum

TotalEnergies Invests $141 Million in Namibian Suppliers to Boost Local Participation in Offshore Oil and…
Corporate News International Oil

Aliko Dangote Plans 2,000 km Fuel Pipeline from Namibia to Zimbabwe

Dangote Group to Build Namibia–Zimbabwe Fuel Pipeline Following $1 Billion Investment Deal Nigerian billionaire Aliko Dangote has announced plans to construct a 2,000-kilometre fuel pipeline running from Walvis Bay in Namibia, through Botswana, to Bulawayo in Zimbabwe. Dangote revealed the plan to Zimbabwean media after signing a US$1 billion investment agreement with the Zimbabwean government in Harare on Wednesday. The deal was finalised during a meeting with President Emmerson Mnangagwa. “I have signed an agreement

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Corporate News International Oil

Rhino Resources Extends Offshore Drilling Campaign in Namibia with Additional Well Test

Rhino Resources Expands Namibia Offshore Program, Targets First Oil by 2030 Rhino Resources has extended its offshore drilling campaign in Namibia after amending its contract with Northern Ocean Ltd (NOL) to include an additional firm well test on the Deepsea Mira rig. The contract amendment adds 28 days to the firm term and will be executed before the three optional wells already scheduled under the existing agreement. The Deepsea Mira, owned by Northern Ocean and

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Renewable Energy International News

Namibia Aims for 400 MW of Renewable Energy by 2030 to Boost Economy and Energy Security

Namibia Targets 367–400 MW Renewable Energy Capacity by 2030 to Drive Industrial Growth and Job Creation Namibia is targeting between 367 and 400 megawatts (MW) of renewable energy capacity by 2030, focusing primarily on solar and biomass projects. Eduardo Rodriguez, Chairperson of the Namibia Petroleum Operators Association, said the planned expansion will enhance energy security, support industrial growth, and help the country meet its climate commitments. “Renewables are a fundamental component of Namibia’s economic diversification

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Corporate News Diamonds International

Namibia Confirms No Decision Made on Potential De Beers Share Acquisition

Namibia Maintains Current Diamond Holdings, Says No Cabinet Decision on De Beers Equity The Namibian government has clarified that no decision has been made regarding the potential acquisition of shares in De Beers. The Ministry of Mines and Energy confirmed that the matter has not yet been considered by Cabinet. The Ministry emphasized that the State remains fully invested in its existing 50% stakes in Namdeb and Debmarine Namibia, which continue to underpin the country’s

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International Gas News

Mozambique Earns $67.6 Million from Oil and Gas as Sovereign Fund Nears Launch

Mozambique Natural Gas and Oil Revenues Reach $67.6 Million in 2025 Ahead of Sovereign Fund Rollout Mozambique earned US$67.64 million from oil and natural gas exploitation up to September 2025, according to the Ministry of Finance. Budget execution data for January to September 2025 shows that US$24.68 million came from the Mining Production Tax, while US$42.96 million was derived from the “profit oil” component—revenues from production exceeding the “cost oil” allocated to the Mozambican State.

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Diamonds Corporate News International

Lucara Diamond Achieves Robust Q3 Output and Secures Key Milestones at Karowe Underground Expansion

Lucara Reports Strong Q3 Results as Karowe Mine Delivers Major Diamond Recoveries and Advances Underground Project Toronto-listed Lucara Diamond Corp. reported revenue of $51.2 million from the sale of 101 422 carats during the quarter ended September 30, supported by strong recoveries and continued progress at its Karowe diamond mine in Botswana. In August, Lucara recovered a 1 015 ct non-gem diamond and a 37.42 ct near-gem pink Type IIa diamond. The 1 015 ct

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Local News Oil

Angola Accelerates Oil Sector Growth with New Licenses, Investments, and International Deals

Angola is moving decisively to revitalize its oil sector, combining a major licensing push, increased investments, and high-profile international agreements. The National Agency for Petroleum, Gas, and Biofuels (ANPG) announced that the country is set to award up to 60 oil and gas concessions by the end of 2025, surpassing the 50 blocks already allocated since 2019. The initiative is aimed at stabilizing Angola’s oil production, which had previously fallen below one million barrels per

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Local Mining News Oil

India and Angola Deepen Cooperation in Oil, Mining, and Technology

President Droupadi Murmu’s Angola Visit Strengthens India–Angola Ties in Oil, Mining, and Emerging Technologies During her first-ever state visit to Angola, President Droupadi Murmu spotlighted new opportunities for Indian investment in Angola’s oil, mining, and technology sectors key areas that could define the next phase of India Angola economic cooperation. President Murmu met with Angolan President João Manuel Gonçalves Lourenço at the Presidential Palace in Luanda, where discussions centered on long-term energy security, mineral exploration,

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International Transport and Logistics

Zambia Strengthens Ties with European Investment Bank to Accelerate Lobito Corridor Development

Zambia and EIB Deepen Cooperation to Boost Investment in the Lobito Corridor and Drive Regional Trade Growth Zambia has intensified its engagement with multilateral development partners, as Finance and National Planning Minister Dr. Situmbeko Musokotwane met with European Investment Bank (EIB) Vice President Karl Nehammer ahead of the Zambia–EU Lobito Corridor Business Forum, scheduled for 13–14 November in Lusaka. The high-level bilateral talks focused on unlocking new investment opportunities along the Lobito Corridor, a key

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Diamonds Corporate News International

Botswana Moves to Acquire Majority Stake in De Beers Amid Angola’s Rival Bid

Botswana Seeks Control of De Beers as Angola Joins Race for Diamond Giant Botswana is taking concrete steps to acquire a majority stake in De Beers, President Duma Boko announced on Monday, shortly after Angola revealed its own plans to pursue control of the global diamond powerhouse. Botswana currently holds a 15% share in De Beers and contributes around 70% of the company’s annual rough diamond output, making it a cornerstone of the southern African

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