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…
Local News Oil

Angola to Award 60 Oil and Gas Concessions by End of 2025

Angola Plans to Grant 60 Oil and Gas Blocks by 2025 to Boost Production Above One Million Barrels Per Day Angola is on track to award 60 oil and gas concessions by the end of 2025, driven by its multi-year licensing rounds and direct negotiation program. This move represents a significant step in Angola’s strategy to maintain production above one million barrels per day. At the African Energy Week: Invest in African Energies 2025, Alcides

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Local Mining Projects News

China’s Niobonga Launches Angola’s First Niobium Mining Project in Huila Province

Angola’s First Niobium Mine to Launch in Huila with $150M Investment by Niobonga The Chinese company Niobonga has secured a concession to mine niobium in the village of Bonga, within the Quilengues municipality of Huila province, Angola. The company has invested $150 million in the project, which is expected to produce 8,000 tons of ferroniobium and 150,000 tons of sulfuric acid per year. Exploration is slated to begin later this year, marking the first niobium

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Corporate News Local Oil

BW Energy Considers Acquiring Azule Energy’s Stake in Angola’s Block 14/14K

Norway’s BW Energy Evaluates Purchase of Azule Energy’s Non-Operating Stake in Angola’s Offshore Block 14/14K Norwegian oil and gas company BW Energy has announced that it is evaluating the potential acquisition of Azule Energy’s non-operating stake in Block 14/14K, located offshore Angola. The company emphasized that no binding agreement has been reached and there is no certainty that the discussions will lead to a transaction. In a statement published on its website, BW Energy explained

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International Gas News

Ethiopia Launches First LNG Project and $5 Billion in Energy Investments to Boost Industrial Growth

Prime Minister Abiy Ahmed Unveils Ogaden LNG Project, Fertilizer Plant, and Oil Refinery Worth $5 Billion Ethiopian Prime Minister Abiy Ahmed has inaugurated the first phase of the Ogaden Liquefied Natural Gas (LNG) Project in Calub, marking a major step toward the country’s long-term goal of energy independence and industrial expansion. The newly commissioned facility is designed to produce 111 million liters of natural gas annually and generate up to 1,000 megawatts of electricity. During

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International News Oil

Senegal to Build Second Oil Refinery as SAR Targets Energy Self-Sufficiency by 2029

Senegal Plans $2–5 Billion Second Refinery to Boost Oil Processing and Cut Imports Senegal plans to begin construction of a second oil refinery in 2026, aiming to expand domestic processing capacity and attract between $2 billion and $5 billion in new investment, according to Abib Diop, CEO of Société Africaine de Raffinage (SAR). Diop revealed that potential investors from China, Turkey, and South Korea have already submitted financing proposals for the project. The new refinery—informally

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Corporate News Gas International Oil

Rhino Resources Makes Third Consecutive Offshore Discovery in Namibia’s Orange Basin

Rhino Resources Strikes Third Offshore Gas Condensate Discovery in Namibia’s Orange Basin Block 2914A Rhino Resources has announced its third consecutive offshore discovery in Namibia’s Block 2914A, situated in the Orange Basin under Petroleum Exploration License (PEL) 85. The Volans-1X exploration well, drilled by the semisubmersible rig Deepsea Mira on July 31, encountered 26 meters of net pay in rich gas condensate reservoirs characterized by excellent petrophysical properties and no water contact. The well reached

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International Renewable Energy

EU Launches €545 Million Plan to Boost Renewable Energy Across Africa

EU Invests €545 Million to Expand Clean Energy and Electrification in Nine African Nations The European Union (EU) has announced a €545 million ($638 million) investment package to accelerate renewable energy development across Africa, aiming to expand electrification, modernize power grids, and increase access to affordable clean power. Despite the continent’s vast renewable potential, nearly 600 million Africans still live without electricity. The European Commission stated that the new initiative could help create up to

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Corporate News International Oil

Eni Resumes Offshore Drilling in Libya After Five-Year Hiatus

Eni and BP Restart Offshore Exploration in Libya, Ending Five-Year Pause in Energy Operations Italian energy giant Eni has resumed offshore exploration drilling northwest of Libya, the country’s National Oil Corporation (NOC) announced, marking the end of a five-year hiatus in exploration activity. In 2024, Eni partnered with BP to relaunch exploration efforts in Libya, nearly a decade after onshore drilling came to a standstill in 2014, when the outbreak of civil war divided the

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Transport and Logistics

Lobito Corridor Project: Progress, Challenges, and the Path Ahead

Lobito Corridor Project: DRC Pushes for Funding and Skills Development to Boost Regional Trade The Lobito Corridor project, an initiative championed by former U.S. President Joe Biden, aims to construct a railway connecting the Democratic Republic of Congo (DRC), Zambia, and Angola to the port of Lobito. Beyond exporting strategic minerals to the United States, the project seeks to open up Central Africa and strengthen regional trade. Although last September European Union and U.S. experts

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Diamonds International News

Botswana Nears Duty-Free Diamond Deal with United States to Protect Economy

Botswana Closes in on Duty-Free Diamond Trade Agreement with U.S. Amid Tariff Pressures Botswana is close to securing an agreement with the United States that would allow its diamonds to be imported duty-free — a potential economic lifeline for the landlocked nation as it faces mounting pressure from U.S. tariffs that have strained its diamond-dependent economy. Speaking to the BBC about the ongoing trade discussions, President Duma Boko stated, “The negotiations are in an advanced

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