De Beers Board Member Matome Tsholetsa Malema Passes Away
Sodiam Raises $25.8 Million in 16th Rough Diamond Auction
Shell Reaffirms Commitment to Reviving Angola’s Oil Production
Sonangol Oil Tanker Damaged by Explosion Near Iraqi Port
Angola and Namibia Advance Energy Cooperation with Focus on Electricity Interconnection
Oil Hits Multi-Year High as Iran Conflict Escalates, Boosting Vegoils and Aluminium
Ghana Prepares Alternative Gold Export Routes Amid Dubai Flight Disruptions
Global Oil Prices Surge Amid Rising Tensions in the Middle East
Middle East Tensions Send Oil Prices Higher, Raising Inflation Risks for Africa
Uganda Central Bank Launches Domestic Gold Purchase Programme to Boost Reserves
In the 2021 financial year, revenue from the sale of diamonds in the country reached a value of US$1.6 billion, according to the report by the Sociedade de Comercialização de Diamantes (SODIAM). Compared to 2020, this figure represented an increase in revenue of 60.6 percent, influenced by the increase in the average price of 39.2 percent, and by the increase in the volume of rough diamonds sold by 15.4 percent. The average price was 182.16
The consultancy Oxford Economics Africa predicts that oil production in Angola will rise 4.4% this year, to 1.18 million barrels a day, after having grown 3.8% from January to August. “Oil production in Angola continues to improve this year, in line with our projection; production grew 3.8% to 1.17 million barrels per day from January to August, compared to the same period last year, and the our short-term outlook is optimistic, with production forecast to
Contributing heavily to the country’s economy, mining in Zambia provides export income, royalty payments and employment Zambia’s mining industry is booming with the production of multiple mineral raw materials, including copper, cobalt, gold, nickel, manganese, emeralds, beryllium, myriad gemstones, sulphur, zinc, coal, iron ore, steel, limestone, uranium, and other platinum-group metals. Contributing heavily to the country’s economy, mining in Zambia provides export income, royalty payments and employment. Later this month, the renowned Mining and Technical
The MoU attests to the commitment of ECOWAS and all the countries crossed by the gas pipeline, to contribute to the feasibility and technical studies, the mobilisation of resources and execution of this key project A Memorandum of Understanding was signed on Thursday 15 September in Rabat, Morocco between ECOWAS, the Federal Republic of Nigeria and the Kingdom of Morocco. The three sides were respectively represented by Mr Sediko Douka, ECOWAS Commissioner for Infrastructure, Energy
The Namibian Investment Promotion Development Board will be showcasing investment opportunities across the country’s oil, gas and green hydrogen industries as a diamond sponsor during the African Energy Week 2022 conference The African Energy Week (AEW) (www.AECWeek.com) 2022 conference and exhibition – Africa’s premier event for the oil and gas sector which will be taking place from October 18-21 this year in Cape Town – will serve to drive long-term energy investment in Africa with
Rystad Energy’s Head of Analyses will be coming to AEW 2022 to shape dialogue around oil and gas market developments and renewable energy installation across the African energy sector Per Magnus Nysveen, Head of Analyses at energy market intelligence firm Rystad Energy, will shape discussions around trends, challenges and opportunities within Africa’s energy sector at African Energy Week (AEW) (www.AECWeek.com) – Africa’s premier event for the oil and gas sector, which takes place from 18
Achieving a just and equitable energy transition is “one of the biggest challenges facing our world,” UN Secretary-General António Guterres told the Global Compact Board meeting on Sunday Climate disasters and skyrocketing fuel prices have made the need to “end our global addiction to fossil fuels” crystal clear, he said, underscoring the importance of investing in renewables, building resilience, and scaling up adaptation. “Had we invested massively in renewable energy in the past, we would
Power Up is working to unlock more ambitious pledges from wealthy countries Ahead of the crucial COP27 climate talks, a new campaign is boosting African efforts to seek greater global funding for affordable green energy – essential for adaptation to the climate crisis. The campaign calls for wealthy nations to greatly increase climate adaptation funding, and to ensure a significant share of this funding supports access to green, affordable energy for people facing climate catastrophe.
To honor Africa’s leading energy projects, organizations and individuals, the 2022 African Energy Week conference and exhibition will be hosting the African Energy Awards this October in Cape Town The African Energy Chamber (AEC), the voice of the African energy sector, is proud to announce nominees for the African Energy Awards 2022 – exclusively sponsored by integrated energy and chemical company Sasol – to celebrate the relentless dedication and innovative mechanisms implemented by professionals and
The roundtable discussion aims to empower young Africans, recognizing the role the youth play as drivers of the African energy transition The African Energy Chamber (AEC), in collaboration with the African Continental Free Trade Agreement (AfCFTA) Youth Forum, will host a Youth Energy Roundtable discussion during this year’s edition of African Energy Week (AEW) (AECWeek.com) – taking place from October 18-21, 2022 in Cape Town. During the forum, discussions will largely center on the role
