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…
International News Oil

Ghana Moves to Boost State Stake in Jubilee and TEN Oilfields Through License Extensions

Ghana to Increase Ownership in Jubilee Oilfield as License Extensions Drive New Drilling and Output Growth Ghana plans to increase its ownership in the Jubilee oilfield under proposed license extensions designed to keep production running into the next decade and counter natural output decline through new drilling activity. The government has approved extensions to the West Cape Three Points and Deep Water Tano petroleum agreements, which cover the Jubilee and TEN fields. The decision strengthens

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Local News Transport and Logistics

AFC Secures Landmark Financing for Angola’s Lobito Atlantic Railway

AFC Signs $753 Million Financing Deal to Advance Lobito Atlantic Railway Corridor in Angola Africa Finance Corporation (AFC) has announced the signing of key financing agreements for the Lobito Atlantic Railway Project in Angola, marking a major milestone for one of Southern Africa’s most strategic transport corridors. AFC, working alongside Eaglestone, acted as Co-Financial Adviser to Lobito Atlantic Railway S.A. (LAR), the concessionaire responsible for rehabilitating, upgrading, and operating the 1,300-kilometre railway line connecting the

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International News Oil

Ghana’s Tema Oil Refinery Resumes Crude Processing After Years of Shutdown

Ghana Restarts Tema Oil Refinery in Bid to Cut Fuel Imports and Strengthen Energy Security Ghana’s state-owned Tema Oil Refinery (TOR) has reportedly resumed crude oil processing after more than six years of inactivity, marking a significant step toward reducing the country’s reliance on imported fuels and strengthening domestic energy security. Officials have confirmed that the refinery’s crude distillation unit is back online, although current output levels have not been formally disclosed. The restart follows

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Oil Gas International News

Europa Oil & Gas Secures Chinese Partner to Advance Offshore Gas Drilling in Equatorial Guinea

Europa Oil & Gas Signs Farm-In Deal to Drill High-Potential Barracuda Gas Prospect Offshore Equatorial Guinea UK-listed Europa Oil & Gas has moved a step closer to drilling a major shallow-water gas prospect offshore Equatorial Guinea after finalizing a farm-in agreement with a Chinese investor, strengthening momentum behind one of the company’s most promising African assets. Under the agreement, Fuhai (Beijing) Energy, a wholly owned subsidiary of privately held Fuhai Group New Energy Holding, will

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Gold International Mining Projects

Ethiopia Secures $340 Million Financing to Launch Landmark Tulu Kapi Gold Mine

Ethiopia Mining Sector: $340 Million Secured to Develop Tulu Kapi, the Country’s Largest Modern Gold Project Ethiopia has taken a decisive step toward transforming itself from a marginal gold producer into a significant player in Africa’s mining industry after securing approximately $340 million in financing to develop the long-delayed Tulu Kapi gold project, the country’s largest modern mining venture. The financing milestone clears the way for construction to begin on one of Ethiopia’s most important

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Diamonds Corporate News International

IMF Warns Botswana Against Increasing Stake in De Beers Amid Diamond Market Weakness

IMF Cautions Botswana on Expanding De Beers Stake as Diamond Demand Slumps The International Monetary Fund (IMF) has advised the Botswana government against increasing its ownership stake in De Beers, warning that the move could exacerbate the country’s fiscal pressures amid ongoing economic challenges and heavy reliance on the diamond sector. In a review of Botswana’s fiscal position published on December 8, the IMF highlighted heightened uncertainty stemming from the prolonged downturn in the global

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Diamonds Corporate News International

Alrosa Remains Profitable Despite Sanctions and Diamond Market Downturn

Alrosa Confirms Profitability in 2025 Despite Sanctions, Diamond Market Slump Russian diamond miner Alrosa has confirmed that it remained profitable in 2025, despite ongoing international sanctions and a prolonged downturn in the global diamond market. “2025 was a challenging year for the company,” said Aisen Nikolaev, head of Russia’s Sakha (Yakutia) Republic, during a meeting on Tuesday with Alrosa CEO Pavel Marinychev. “Nevertheless, Alrosa fully achieved its key production targets and continued to implement a

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Transport and Logistics Local News

Angola, IFC Deepen Cooperation on Lobito Corridor and Economic Diversification

Angola and World Bank’s IFC Align Strategies on Lobito Corridor and Private Sector Growth Projects under the Lobito Corridor master plan and Angola’s broader economic diversification agenda dominated a high-level interministerial round table held on Thursday in Luanda between members of the Angolan government and the International Finance Corporation (IFC), part of the World Bank Group. The closed-door meeting took place during the official visit of IFC Managing Director Makhtar Diop to Angola. Discussions also

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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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