Vital Industry News
PHC Plans Palm Oil Refinery in DRC to Boost Local Value Addition and Reduce Import Gap IEA Warns Middle East Conflict Could Disrupt Up to 120 bcm of Global LNG Supply Through 2030 $1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola India-Led Kimberley Process Pushes for Digital Traceability and Stronger Diamond Certification Standards Burkina Faso Moves to Increase State Stake in Kiaka Gold Mine Amid West African Resources Expansion Plans Africa’s Strategic Rise as Global Energy and Shipping Routes Shift Away from the Strait of Hormuz Namibia’s Oil and Gas Sector Enters New Investment Phase with Planned Sintana Energy NSX Listing AfDB Boosts Uganda Rural Electrification Drive with €7.33 Million in Additional Financing TotalEnergies Expands African Energy Push as Namibia Emerges as Key Offshore Oil Frontier ReconAfrica Expands Into Angola as It Strengthens Oil and Gas Exploration Across Africa
International News Oil

PHC Plans Palm Oil Refinery in DRC to Boost Local Value Addition and Reduce Import Gap

International Gas News

IEA Warns Middle East Conflict Could Disrupt Up to 120 bcm of Global LNG Supply Through 2030

Local News Transport and Logistics

$1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola

More Angolan Mining News

International News Oil

PHC Plans Palm Oil Refinery in DRC to Boost Local Value Addition and Reduce Import Gap

DRC’s PHC to Build Palm Oil Refinery by 2028 as Company Targets Vertical Integration and…
International Gas News

IEA Warns Middle East Conflict Could Disrupt Up to 120 bcm of Global LNG Supply Through 2030

Middle East Conflict May Cut 120 bcm of Global LNG Supply by 2030, Warns International…
Local News Transport and Logistics

$1.32 Billion Secured for Lobito Corridor Railway to Link Zambia’s Copperbelt to Global Markets via Angola

Africa Finance Corporation and AfDB Back $5 Billion Lobito Corridor Railway to Connect Zambia Copper…
Diamonds International News

India-Led Kimberley Process Pushes for Digital Traceability and Stronger Diamond Certification Standards

Kimberley Process Chair Calls for Digital Traceability and Stronger Compliance to Boost Global Diamond Certification…
International Gold News

Burkina Faso Moves to Increase State Stake in Kiaka Gold Mine Amid West African Resources Expansion Plans

Burkina Faso Seeks 40% Stake in Kiaka Gold Mine as West African Resources Suspends Trading…
International News Oil

Africa’s Strategic Rise as Global Energy and Shipping Routes Shift Away from the Strait of Hormuz

Strait of Hormuz Disruptions Push Global Trade Toward Africa’s Red Sea, Gulf of Aden, and…
International News Oil

NUPRC to Award 220 Open Oil Blocks Nationwide Following Bid Rounds

Nigerian Upstream Petroleum Regulatory Commission to Release 220 Oil Blocks Including 59 Deep Offshore for Bidding The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to award 220 open oil blocks across Nigeria’s onshore and offshore basins after completing periodic bid rounds and meeting necessary conditions. According to NUPRC data, the largest share of unlicensed blocks is in the deep offshore terrain, with 59 blocks available. The Benue Trough follows with 41 open blocks,

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Corporate News International Oil

Dangote Petroleum Refinery Launches Nationwide CNG Truck Fleet to Revolutionize Fuel Distribution

Dangote Petroleum Invests ₦720 Billion in 4,000 CNG Trucks to Cut Fuel Costs and Boost Nigeria’s Energy Efficiency Dangote Petroleum Refinery has begun receiving 4,000 Compressed Natural Gas (CNG) trucks in phases as part of its ambitious plan to launch a nationwide petroleum product distribution network. This logistics initiative aims to transform fuel distribution across Nigeria by lowering costs, improving efficiency, and delivering direct benefits to consumers. In June, Dangote announced it was investing over

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International Energy News

Kenya Approves Olkaria VII Geothermal Plant to Boost Renewable Energy Capacity

Kenya Greenlights 80.3 MW Olkaria VII Geothermal Power Plant to Expand National Grid by 2027 The Kenyan government has approved the construction of the Olkaria VII geothermal power plant, led by state-owned electricity producer KenGen. The project is expected to add 80.3 MW of clean energy to Kenya’s national grid by mid-2027. KenGen plans to utilize power from 19 geothermal production wells, with the option to drill up to seven additional wells during the plant’s

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Corporate News Diamonds Expos & Events Local

Catoca to Host Expo Catoca in Luanda to Mark 30th Anniversary

Catoca Celebrates 30 Years with Expo in Luanda Showcasing Innovation and Sustainability in Angola’s Diamond Sector From August 26 to 28, Luanda will host Expo Catoca, an event dedicated to celebrating the 30th anniversary of Catoca, Angola’s leading diamond mining company and operator of the world’s fourth-largest open-pit diamond mine. Held under the slogan “Here, where diamonds meet the community”, the expo will serve as a platform for reflection, knowledge-sharing, and showcasing the company’s most

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Local Economy News Oil

Angola to Open Cabinda Refinery in September and Resume Lobito Project to Reduce Fuel Imports

President Lourenço Announces September Inauguration of Cabinda Refinery and Revival of Lobito Refinery ProjectPresident João Lourenço has announced that the Cabinda Refinery will be inaugurated in September and confirmed the long-awaited resumption of the Lobito Refinery project after years of delay. Speaking in Benguela at the opening of the 5th Edition of the Fair of Municipalities and Cities of Angola, the president emphasized that these two major infrastructure projects will significantly reduce Angola’s dependence on

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Local Energy News

Angola and Japan Sign Agreement to Boost Southern Region’s Electricity Transmission

Angola, Japan Partner to Expand Electricity Infrastructure in Namibe, Huila, Cuando Cubango, and Cunene Angola and Japan have signed a cooperation agreement to expand electricity infrastructure in the southern provinces of Namibe, Huila, Cuando Cubango, and Cunene. The signing ceremony, held Tuesday in Luanda, formalized the Project to Strengthen Transmission Systems in the Southern Region of Angola. The agreement was signed by Angola’s Minister of Foreign Affairs, Téte António, and Japan’s Ambassador to Angola, Sano

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Corporate News International Oil

Rex and Akrake Petroleum Launch First Well in Sèmè Field Redevelopment

Rex Begins Sèmè Field Drilling in Benin with Borr Gerd Rig, Targeting 15,000 BOPD by Q4 2025 Rex announced that Akrake Petroleum has spudded the first well in the Sèmè field, located in Block 1 off the coast of Benin, on August 4. The drilling, carried out with the Borr Gerd jack-up rig, marks the start of a 100-day, three-well campaign to redevelop the historic field in phases. In April, Rex selected the 2018-built Gerd

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International News Oil

Benin Restarts Offshore Oil Production After 27 Years as Akrake Petroleum Revives Sèmè Field

Benin Resumes Oil Drilling at Sèmè Offshore Field After 27-Year Hiatus with Akrake Petroleum After nearly three decades of inactivity, drilling has resumed at one of West Africa’s oldest offshore oil fields. Singapore-based Akrake Petroleum is leading a major redevelopment of the historic Sèmè field, located off the coast of Benin. The site, first discovered in 1969, was last active in 1998, when operations ceased due to low global oil prices and excessive water production.

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Gold International News

Fortuna Mining Expands Gold Resource at Diamba Sud Project in Senegal

Fortuna Mining Boosts Senegal Gold Resources by 53% Before Q4 2025 Economic Study Fortuna Mining (NYSE: FSM; TSX: FVI) has significantly increased the mineral resource estimate at its Diamba Sud gold project in Senegal as it prepares a preliminary economic assessment (PEA) scheduled for completion in the fourth quarter of 2025. The updated estimate now stands at 724,000 ounces of gold in indicated resources, a 53% increase from the year-end 2024 figure. Inferred resources have

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Corporate News Diamonds International

Botswana’s Bid for De Beers Risks Backfiring Amid Diamond Price Slump

Diamond Price Crash Puts Botswana’s De Beers Takeover Ambitions in Jeopardy The old saying “be careful what you wish for” may prove true for Botswana, the small southern African nation eager to take full control of the De Beers diamond empire — just as the global diamond market faces one of its worst slumps in decades. Botswana already owns 15% of De Beers, but it has signalled interest in acquiring the entire business. The opportunity

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