Vital Industry News
Tanzania and Angola Move to Link Indian and Atlantic Ocean Trade Corridors by Rail ExxonMobil Expands Stake in Mozambique’s Rovuma LNG Project Ahead of Final Investment Decision Angola’s Economy Gains Momentum as Reforms and Investment Drive Stronger Growth Angola Ranks Among the World’s Top Three Diamond Producers in 2025 Mailo Solar Expansion Set to Boost Zambia’s Renewable Energy Capacity Zambia Launches Solar Financing Initiative Targeting 120,000 Households Construction Begins on Zambia’s 56MWp Kafue Solar Project Pumangol Unveils App-Based Self-Service Fueling System in Angola Egypt Secures Initial Financing for Scatec’s $650 Million Solar Power Project Angola’s Fuel Import Bill Nears $1 Billion in Third Quarter Despite Refining Expansion Plans
Local News Transport and Logistics

Tanzania and Angola Move to Link Indian and Atlantic Ocean Trade Corridors by Rail

International Corporate News Oil

ExxonMobil Expands Stake in Mozambique’s Rovuma LNG Project Ahead of Final Investment Decision

Local Economy News

Angola’s Economy Gains Momentum as Reforms and Investment Drive Stronger Growth

More Angolan Mining News

Local News Transport and Logistics

Tanzania and Angola Move to Link Indian and Atlantic Ocean Trade Corridors by Rail

Tanzania and Angola Advance Rail Partnership to Connect East and West African Trade and Mining…
International Corporate News Oil

ExxonMobil Expands Stake in Mozambique’s Rovuma LNG Project Ahead of Final Investment Decision

ExxonMobil Raises Rovuma LNG Stake to 50% as Mozambique’s US$30 Billion Gas Megaproject Moves Closer…
Local Economy News

Angola’s Economy Gains Momentum as Reforms and Investment Drive Stronger Growth

AfDB Sees Angola’s Growth Accelerating as Economic Reforms Boost Stability and Investment Angola’s economy is…
Diamonds Economy Local

Angola Ranks Among the World’s Top Three Diamond Producers in 2025

Angola Becomes World’s Third-Largest Diamond Producer with 15.2 Million Carats in 2025 Angola has cemented…
International News Renewable Energy

Mailo Solar Expansion Set to Boost Zambia’s Renewable Energy Capacity

Second Phase of Mailo Solar Project Strengthens Zambia’s Clean Energy Ambitions Zambia’s renewable energy sector…
International News Renewable Energy

Zambia Launches Solar Financing Initiative Targeting 120,000 Households

World Bank-Backed Solar Financing Programme Aims to Expand Energy Access to 120,000 Zambian Homes Zambia…
International News Oil

BW Energy Confirms Up to 9 Million Barrels of Recoverable Oil Offshore Gabon

BW Energy Identifies Up to 9 Million Barrels of Oil at Gabon’s Dussafu Field BW Energy has confirmed commercial oil volumes in two appraisal wells at the Dussafu field offshore Gabon, with combined gross recoverable resources estimated at between 8 million and 9 million barrels. The results from the 10P2 and 10P1 appraisal wells support plans to drill two additional production wells, with the first expected to be incorporated into the company’s ongoing MaBoMo Phase

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International News Renewable Energy

Algeria Launches Tender for Two Wind Farms with 200 MW Combined Capacity

Algeria Tenders Two 200 MW Wind Projects in Laghouat and Djelfa Algeria has launched a tender for two wind farms with a combined capacity of 200 megawatts (MW), advancing its efforts to diversify electricity generation and expand renewable energy production. State-owned electricity and gas utility Sonelgaz, through Sonelgaz Renewable Energy, issued the national and international tender on 30 September 2026. The projects will comprise two 100 MW wind farms, one in Tilghemt in Laghouat Province

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International Oil Petroleum

Namibia’s Petroleum Amendment Bill Advances Despite Oversight Concerns

Namibia’s Petroleum Bill Advances as Parliament Debates Presidential Control of Oil Sector Namibia’s Petroleum (Exploration and Production) Amendment Bill has passed its second reading in the National Assembly, advancing proposed changes to the country’s petroleum governance framework despite concerns over accountability and the concentration of regulatory powers in the Presidency. The bill secured 50 votes in favour on Tuesday, 20 October, with no votes against or abstentions. Most opposition parties had walked out of an

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Corporate News Gas International News

Eni Completes Offshore Gas Recovery Project in Libya

Eni Completes Libya’s Bouri Gas Project to Recover 700 Million Cubic Metres Annually Italian energy company Eni and Libya’s National Oil Corporation (NOC) have completed the Bouri Gas Utilization Project offshore Libya, with start-up procedures underway to recover natural gas previously burned off during oil production. The project is operated through Mellitah Oil & Gas, a joint venture between Eni and the NOC, and is located at the Bouri field in western offshore Libya. The

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International News Renewable Energy

Côte d’Ivoire Secures €55.5 Million for 50 MW Solar Power Plant

Côte d’Ivoire Secures €55.5 Million Financing for 50 MW Kong Solar Project Côte d’Ivoire has secured €55.5 million in financing from Dutch development bank FMO for the construction of a 50-megawatt-peak (MWp) solar power plant near Kong in the country’s northern region. The financing will support the development of the Kong solar project, led by Kong Solaire SAS, a project company backed by Africa Via, AXIAN Group and the Private Infrastructure Development Group (PIDG) through

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Corporate News International Oil

Shell Exits Nigerian Gas Distribution Business in Strategic Sale to Vaaris Energy

Shell Sells Nigeria Gas Distribution Business to Vaaris Energy as Portfolio Reshaping Continues LAGOS, Nigeria – Shell Petroleum B.V. has agreed to divest its entire stake in Shell Nigeria Gas Group (SNG) to indigenous energy company Vaaris Energy Limited, marking another strategic step in the energy major’s efforts to streamline its global portfolio. The transaction, which remains subject to regulatory approval, includes a domestic gas distribution business that supplies more than 130 industrial and commercial

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Corporate News Diamonds

De Beers Transfers Initial P1 Billion to Botswana’s Diamonds for Development Fund

Botswana’s Economic Diversification Drive Gains Momentum with P1 Billion De Beers Contribution to Development Fund Botswana’s efforts to diversify its economy beyond diamonds have received a boost following the transfer of an initial P1 billion contribution from De Beers Group to the Diamonds for Development Fund. The funding provides the foundation for investments aimed at creating jobs, developing new industries and translating the country’s diamond wealth into broader and more sustainable economic opportunities. The Fund

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International News Renewable Energy

Zambia Adds 100 MW Maamba Solar Project to National Grid

Zambia’s US$90 Million Maamba Solar Project Begins Power Injection to Strengthen Energy Security Zambia has begun receiving electricity from the 100-megawatt (MW) Maamba Solar photovoltaic (PV) project in Sinazongwe District, Southern Province, as the country steps up efforts to diversify its energy mix and strengthen power supply. The project, developed by Maamba Solar Energy Limited (MSEL), injected electricity into the national grid for the first time on September 24, 2026, marking the start of its

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International News Oil

Nigerian Navy Uncovers 75,000 Litres of Suspected Stolen Crude Oil in Delta State

Nigeria’s Navy Discovers 75,000 Litres of Suspected Stolen Crude Oil in Three Underground Reservoirs The Nigerian Navy has uncovered 75,000 litres of suspected crude oil stored in three underground reservoirs in Delta State during operations targeting oil theft and illegal petroleum activities. The discoveries were made by personnel aboard Nigerian Navy Ship (NNS) Delta under Operation Delta Sentinel in the Oteghele area on October 12 and 14, 2026. The first operation uncovered approximately 30,000 litres

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Corporate News Diamonds International

De Beers Raises 2026 Production Forecast Despite Third-Quarter Decline

De Beers Lifts 2026 Diamond Output Guidance to 28 Million Carats After Taking Full Control of Gahcho Kué De Beers reported an 11% year-on-year decline in rough diamond production to 6.8 million carats in the third quarter of 2026, as planned maintenance at its Orapa mine in Botswana and reduced output at Venetia in South Africa weighed on performance. Despite the decline, the diamond producer raised its full-year production guidance to between 25 million and

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