Vital Industry News
Sun King to Invest $150 Million in Ethiopia’s Off-Grid Solar Expansion De Beers Diamond Output Rises 17% in Q1 on Strong Botswana and Canada Performance 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
International Corporate News Renewable Energy

Sun King to Invest $150 Million in Ethiopia’s Off-Grid Solar Expansion

Diamonds Corporate News International

De Beers Diamond Output Rises 17% in Q1 on Strong Botswana and Canada Performance

Gold Economy International

DRC Signs Gold Supply Deal with UAE Firm to Expand Access to Global Bullion Markets

More Angolan Mining News

International Corporate News Renewable Energy

Sun King to Invest $150 Million in Ethiopia’s Off-Grid Solar Expansion

Sun King Targets 2 Million Ethiopian Customers with $150M Off-Grid Solar Investment by 2030 Kenya-based…
Diamonds Corporate News International

De Beers Diamond Output Rises 17% in Q1 on Strong Botswana and Canada Performance

De Beers Q1 Production Up 17% to 7.1M Carats as Botswana, Canada and South Africa…
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…
Local Economy Gold News

Angola to Launch First Gold Refinery as Part of Economic Diversification Strategy

Angola opens first gold refinery in 2026 to boost mining value, reduce reliance on oil and diamonds Angola, Africa’s second-largest oil producer, is set to operate its first gold refinery in the first half of 2026, signaling a push to diversify its economy and extract more value from mineral resources. The refinery, located in Viana near Luanda, has a processing capacity of approximately 20 kilograms per day. Construction and equipment installation have been completed, with

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International Economy Gold

BRICS Plus Nations Expand Gold Reserves as Central Banks Accelerate Shift Away from Dollar

BRICS Plus gold reserves surpass 6,000 tonnes as central banks boost purchases and dollar share declines Members of the BRICS Plus trade bloc now hold more than 6,000 tonnes (t) of gold, representing about 17.4% of total global central bank reserves, up from 11.2% in 2019, according to a market note by financial services group EBC Financial Group. Russia leads the bloc with 2,336 t of gold reserves, followed closely by China with 2,298 t,

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Local Energy Gas Oil

Angola’s Energy Sector Rebounds in 2026 as $100 Billion Investment Pipeline Signals New Growth Cycle

Angola’s Energy Sector Enters New Growth Cycle as $100 Billion Investment Pipeline Takes Shape Angola has entered 2026 with a fundamentally reshaped energy investment proposition, driven by regulatory reforms, new infrastructure projects, and a strategic shift following its departure from the Organization of the Petroleum Exporting Countries in January 2024. The decision to exit the producer alliance removed production quotas that had capped output at roughly 1.11 million barrels per day, allowing operators to pursue

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Local Mining Technology & Innovation

Angola Establishes Technical Commission to Advance Digital Mining Licensing System

Angola Launches Digital Mining Registry to Streamline Licensing, Boost Transparency, and Attract Investment Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, has appointed a Multidisciplinary Technical Commission to oversee the digitisation of the licensing process for mining activities in the country, marking a major step toward modernising the sector’s regulatory framework. The initiative includes the implementation of the Angola Digital Mining Registry System (CMA), designed to support Objective 37.1 of Angola’s National Development

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International News Oil

Somalia Launches First Offshore Oil Drilling Campaign in Historic Energy Sector Milestone

Somalia Begins First Offshore Oil Drilling as Türkiye Deploys Deepwater Vessel to Unlock Potential Billion-Barrel Reserves Somalia is set to begin its first-ever offshore oil drilling campaign, marking a significant step in its long-delayed entry into the global energy market as the country seeks to unlock billions of barrels in potential hydrocarbon reserves. The East African nation has confirmed that a Turkish government-owned drilling vessel will arrive off its coast on Friday to commence deepwater

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International Gas News

Kenya Turns to Mozambique for Long-Term Gas Supply to Strengthen Energy Security

Kenya Seeks Long-Term Gas Imports from Mozambique as Rising Demand and Global Conflicts Disrupt Supply President William Ruto has announced plans for Kenya to secure long-term natural gas imports from Mozambique, as the country moves to stabilize energy supply and reduce reliance on distant markets affected by geopolitical tensions. The announcement followed a meeting at State House in Nairobi between President Ruto and Daniel Chapo, President of Mozambique, who is on a three-day state visit

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International Gas News

Algeria to Launch New Oil and Gas Licensing Round Offering Seven Exploration Blocks

Algeria Opens Seven Oil and Gas Blocks to Investors in New Licensing Round Starting April 19 The government of Algeria will launch a new international oil and gas licensing round on April 19, offering seven exploration blocks to energy companies as part of efforts to attract investment and expand activity in its upstream sector. The announcement was made by the National Agency for the Valorisation of Hydrocarbon Resources, the country’s official oil and gas licensing

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International News Oil

East African Crude Oil Pipeline Nears Completion as Construction Reaches 82%

EACOP Hits 82% Completion, Moves Closer to First Oil from Uganda to Tanzania The East African Crude Oil Pipeline has reached 82% overall completion as of April 2026, with construction progressing steadily across pipeline sections, pump stations, and export infrastructure in Tanzania and Uganda. The update was disclosed by the project company in its latest construction report, confirming that the 1,443-kilometre heated pipeline, designed to transport crude oil from Uganda to Tanzania’s coastline, is advancing

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Local News Transport and Logistics

Angola Pushes Formal Cross-Border Trade Reforms with DR Congo

Angola Strengthens Border Trade Formalization with DR Congo Through Digital Systems and Regional Agreements Luanda — The formalization of cross-border trade between Angola and the Democratic Republic of the Congo (DRC) is being driven by strategic reforms aimed at modernizing border operations and improving trade efficiency, according to Rui Miguêns de Oliveira. Speaking at the 3rd DRC-Angola Economic Forum in Kinshasa, the minister said the reforms align with regional and international commitments, including the Southern

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Local News Transport and Logistics

U.S. Backs Lobito Corridor Concession as Strategic Project in Partnership with DRC

United States Prioritizes Mota-Engil Concession for DR Congo’s Lobito Corridor to Strengthen Critical Minerals Supply Chains The United States has identified the awarding of the concession for the Congolese segment of the Lobito Corridor to Mota-Engil as a priority initiative under its strategic partnership with the Democratic Republic of the Congo (DRC), signed on December 4, 2025. Speaking at the Powering Africa Summit in Washington, D.C. on March 19, 2026, Nick Checker, a senior official

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