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…
International Corporate News Oil

Rhino Resources Accelerates Namibia Oil Push with 2025 Appraisal Well and Flow Test Plans

Rhino Resources Targets First Oil in Namibia, Challenges TotalEnergies with 2025 Drilling Campaign Rhino Resources, an emerging African oil and gas company, is preparing to drill an appraisal well in Namibia next year and conduct a flow test on a recent discovery as it races alongside TotalEnergies to bring the country’s first offshore oil to market, CEO Travis Smithard said. The company plans to drill the appraisal well at Capricornus, where it previously encountered light

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Local Economy Governance Oil

President Lourenço Pushes Angola’s Oil Expansion as Experts Urge Faster Economic Diversification

João Lourenço Highlights Angola’s Oil Sector Progress; Experts Call for Acceleration Amid Global Energy Transition Luanda, Angola — In his State of the Nation Address marking the opening of the 2025–2026 parliamentary year, President João Lourenço outlined the progress achieved through ongoing reforms in Angola’s oil and gas sector, emphasizing the country’s commitment to energy development and economic diversification. The President highlighted the successful implementation of the 2019–2025 Oil Concession Allocation Strategy, which has already

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Oil Economy Local News

Angola’s Oil Export Earnings Drop 22% in Q3 Amid Global Price Volatility

Angola Earns $6.2 Billion from Oil Exports in Q3 2025, Down 22% from Last Year Luanda, Angola — Angola earned US$6.2 billion from crude oil exports in the third quarter of 2025, marking a 22.24% decline compared to the same period in 2024, according to data released on Thursday by the Ministry of Mineral Resources, Oil and Gas. The report revealed that Angola exported approximately 91 million barrels of crude oil between July and September

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Local Energy News

Angola Poised to Export Surplus Power as President Lourenço Calls for Regional Energy Cooperation

President João Lourenço: Angola Ready to Share Surplus Electricity with Neighboring Countries Luanda, Angola — President João Lourenço announced on Tuesday that Angola now has the capacity to generate enough electricity to meet domestic demand and is prepared to export surplus power to neighboring countries, provided there is investor interest in developing transmission infrastructure. Speaking at the opening of the 3rd Summit for Infrastructure Financing in Africa, held in Luanda and running until Friday, Lourenço

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International News Oil

Tanzania Launches $420 Million Synthetic Fuel Project to Rival Dangote’s Refinery Dominance

Tanzania Unveils $420 Million Gas-to-Liquid Plant, Set to Challenge Dangote in Africa’s Jet Fuel Market Tanzania has announced plans for an ambitious $420 million synthetic fuel project designed to transform the country into a leading exporter of jet fuel in Africa—a move that could challenge the dominance of Nigeria’s Dangote Group, which currently leads the continent’s refined fuel market. The project centers on the development of a gas-to-liquid (GTL) plant that will produce diesel, jet

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International Corporate News Oil

Dangote Refinery Reinstates Laid-Off Engineers Amid Labour Dispute with PENGASSAN

Dangote Oil Refinery Rehires Dismissed Engineers After Labour Talks with PENGASSAN The Dangote Oil Refinery has reinstated several engineers who were laid off earlier this year, following negotiations with the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and government officials. The affected employees were initially caught in a dispute between the refinery and the labour union, which arose after the company announced a reorganisation in September that led to staff terminations linked

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International News Renewable Energy

AFC and Infinity Power Secure Financing for 200MW Ras Ghareb Wind Farm in Egypt

Africa Finance Corporation and Infinity Power Reach Financial Close on $153 Million Ras Ghareb Wind Project Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has announced that its portfolio company Infinity Power has reached financial close on the 200MW Ras Ghareb Wind Farm in Egypt — a milestone that underscores Africa’s growing ability to mobilize international capital for large-scale, African-led renewable energy projects. Infinity Power secured US$153 million in senior debt financing from

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Corporate News Local Mining Projects

Pensana and Vacuumschmelze Forge Strategic Rare Earth Partnership to Strengthen Western Supply Chain

Pensana signs deal with Germany’s Vacuumschmelze to supply rare earths for U.S. magnet production ahead of 2027 China import ban London-listed Pensana has signed a memorandum of understanding (MoU) with Vacuumschmelze (VAC), a Germany-based global leader in magnetic materials and rare-earth permanent magnets, marking a major step toward building a resilient Western supply chain for critical minerals. VAC, through its newly commissioned eVAC Magnetics facility in Sumter, South Carolina, is spearheading efforts to boost domestic

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Transport and Logistics Local News

DRC Begins Construction of Kalamba-Mbuji Dry Port to Boost Angola Trade Links

Congo launches Kalamba-Mbuji dry port project in Kasai-Central to strengthen Angola trade corridor The Office of Multimodal Freight Management (OGEFREM) has announced the start of preliminary construction work on the Kalamba-Mbuji dry port in Luiza territory, Kasai-Central province. Regional Director Matthieu Tshilumba Kalenga confirmed the development on October 16, 2025, following a meeting with Governor Joseph-Moïse Kambulu Nkonko, noting that funding for the initial phase is already secured. The first stage will involve constructing a

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Corporate News Diamonds Local

Angola Joins Bidders to Acquire Anglo American’s Stake in De Beers

Angola submits bid for Anglo American’s De Beers stake as Botswana and investor groups compete Angola has submitted a formal offer to acquire Anglo American’s 85% majority stake in De Beers, joining a growing list of potential buyers that includes Botswana and investor groups led by former De Beers executives. State-owned Angolan diamond producer Endiama presented a “concrete and well-defined proposal” and is moving forward with subsequent steps, said CEO José Manuel Ganga Júnior, who

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