U.S. Shows Interest in Nigeria-Morocco Gas Pipeline Amid Growing Competition with China

The United States has expressed interest in investing in Africa’s most ambitious gas pipeline project, which aims to connect Nigeria to Morocco. Nigeria’s Finance Minister, Wale Edun, revealed the U.S. interest, highlighting the potential for American involvement in the project. . According to The Cable, Minister Edun disclosed this development in a statement summarizing outcomes from the ministry’s bilateral engagements during the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank

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African Diamond Producers Struggle as Global Prices Plunge

Several African economies are feeling the strain from a sharp decline in global diamond prices. According to multiple reliable sources, diamond prices have dropped by more than 25% since 2022, impacting major African producers such as Botswana, Namibia, and Angola. The main factor behind the prolonged fall in demand and prices is the growing popularity of synthetic diamonds, which are increasingly preferred for jewelry production. The Democratic Republic of Congo (DRC) has been less affected,

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TotalEnergies Reaffirms Commitment to Namibia’s Emerging Oil Sector

Patrick Pouyanné, Chief Executive Officer of TotalEnergies, paid a courtesy visit to Namibian President Netumbo Nandi-Ndaitwah in Windhoek on Friday, reaffirming the company’s commitment to exploring and investing in Namibia’s growing oil sector. During the meeting, President Nandi-Ndaitwah expressed optimism about recent offshore oil discoveries, describing them as timely and significant for Namibia’s economic future. Pouyanné highlighted that TotalEnergies’ strong interest in Namibia is driven by the country’s stable and investor-friendly environment. The visit follows

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Zambia’s Energy Ministry Opens Bidding for Tazama Pipeline Access

The Ministry of Energy has officially opened the bidding process for oil marketing companies (OMCs) seeking access to the Tazama pipeline. This follows the successful completion of a review of the guidelines governing the Tazama Pipeline Open Access Framework. According to Principal Public Relations Officer Bob Sianjalika, both local and foreign OMCs are now invited to submit their bids for the use of the pipeline to transport diesel from Dar es Salaam to Zambia. The

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TotalEnergies Commits $500 Million to Boost Production at Congo’s Moho Nord Field

French oil major TotalEnergies has announced a $500 million investment to enhance exploration and production activities at the Moho Nord offshore field in the Republic of Congo. CEO Patrick Pouyanné made the commitment earlier this week during a meeting with Congolese President Denis Sassou Nguesso in Oyo, where they discussed the company’s current operations and future investment plans. TotalEnergies aims to increase Moho Nord’s output by 40,000 barrels per day (bpd), further solidifying its position

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Vast Resources Announces Release of Historic Diamond Parcel Held by Reserve Bank of Zimbabwe

Aim-listed Vast Resources has announced the release of a historic diamond parcel that had been held in safekeeping at the Reserve Bank of Zimbabwe by order of the country’s Supreme Court since early 2010. The diamonds are now under the company’s custody and have been sent to its nominated tender house in Dubai for cleaning and re-sorting, ahead of the sales process, which is expected to commence within a month. Upon completion of the sale,

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Woodside Energy Navigates Tariff Risks as Louisiana LNG Project Nears Final Decision

Woodside Energy, Australia’s largest gas producer, is evaluating the potential impact of new U.S. tariffs and trade measures on its Louisiana LNG project, as it moves closer to a final investment decision. The company acquired the project—formerly known as Driftwood—from Tellurian for $1.2 billion last year, aiming to strengthen its position as a global LNG leader. The first phase of development is projected to cost $16 billion. In a quarterly update, CEO Meg O’Neill said

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De Beers Reports 11% Drop in Q1 Diamond Output Amid Weak Market Conditions

De Beers has reported an 11% year-on-year decline in rough diamond production for the first quarter of 2025, totaling 6.1 million carats. The drop reflects the company’s continued production adjustments in response to prolonged weak market demand, according to its quarterly production report released on April 24. In Botswana, output declined by 8% to 4.6 million carats, in line with planned production cuts. Namibia’s production remained steady, as lower output from Debmarine Namibia was offset

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Algeria Partners with China’s LONGi to Boost Domestic Solar Panel Production

Algeria is set to launch a strategic partnership with China aimed at revolutionizing its renewable energy sector through local solar panel manufacturing. The upcoming investment agreement is expected to mark a significant step toward expanding the country’s clean energy capacity and reducing reliance on imported technology. According to a statement from the Algerian Ministry of Industry, local industrial group Elec will sign a cooperation deal this week with Chinese solar giant LONGi Green Energy Technology

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UAE-Funded Solar Plant Powers a New Era of Clean Energy in Comoros

The Abu Dhabi Fund for Development (ADFD) has inaugurated a 6.3-megawatt solar power plant in the Union of the Comoros, funded with AED 25.7 million (US$7 million). This milestone project significantly boosts the country’s energy infrastructure, meeting growing electricity demand while promoting sustainable development. The plant provides clean and reliable electricity to the capital city of Moroni and surrounding areas, reducing dependence on fossil fuels, cutting carbon emissions, and improving the quality of life for

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