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💎 Diamcor Secures $5M Loan for South African Diamond MineDiamond mining company Diamcor Mining has signed a letter of in...
31/01/2025

💎 Diamcor Secures $5M Loan for South African Diamond Mine

Diamond mining company Diamcor Mining has signed a letter of intent for non-dilutive financing of up to $5 million with a Dubai-based diamond jewelry manufacturer.

Read More: https://hubs.la/Q034SpgK0

Proceeds from the financing agreement will be used to accelerate operations at Diamcor Mining’s Krone-Endora at Venetia Project in South Africa. “This financing is the result of long-term relationships we have developed with key associates in Dubai over many years, and the mutual vision our companies share on the merits of building a growing supply of gem quality non-conflict natural rough diamonds for the luxury jewelry sector”, stated Diamcor CEO Dean Taylor.

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Study Confirms Viability of Goviex’s Zambian Uranium ProjectCanadian mining company Goviex Uranium has announced the res...
31/01/2025

Study Confirms Viability of Goviex’s Zambian Uranium Project

Canadian mining company Goviex Uranium has announced the results of a feasibility study for its Muntanga Mine in Zambia, confirming the project’s commercial viability and economic benefits for the country.

Full Story: https://hubs.la/Q034Snbm0

he study projects $243 million in after-tax revenue over the mine’s 12-year lifespan, with annual production of 2.2 million pounds of uranium anticipated. Goviex will need to direct $32.2 per pound in operating costs, leverage the increasing demand for uranium globally for a quick return on investment which is anticipated within 3,8 years from start of production in 2028 according to the study.

Join the ECP newsletter alongside 50,000+ subscribed energy leaders. Gain access to exclusive content and investment insights in the energy sector https://hubs.la/Q034Snmx0

▪️Congo-DRC-Angola Power Line to be Commissioned in 2025As part of a strategy to ensure reliable energy supply in Centra...
31/01/2025

▪️Congo-DRC-Angola Power Line to be Commissioned in 2025

As part of a strategy to ensure reliable energy supply in Central Africa, the EU will commission a 1400 kV power line project connecting the Republic of Congo, the Democratic Republic of Congo (DRC) and Angola in 2025. The Boucle de l'Amitié Énergétique project will connect the power grids of the three countries, providing a sustainable solution to persistent electricity shortages while enhancing regional energy security.

Read More: https://hubs.la/Q034SqzS0

Boosting Regional Energy Security
At present, the only high-voltage interconnection between Congo and the DRC is a 220 kV transmission line spanning 60 km. Between the two countries, the Boucle de l'Amitié Énergétique project will create a loop between Inga, Moanda, Boma, Cabinda, Pointe Noire, Brazzaville, Kinshasa and Inga.

Power Interconnection to Fuel Hydrocarbon Trade
Beyond the Boucle de l'Amitié Énergétique project, other major regional interconnection initiatives are underway. The Central African Power Pool plays a crucial role in promoting power interconnection among member states of the Economic Community of Central African States aiming to establish a regional electricity market, supporting economic development and regional cooperation.

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African Guarantee Fund to Mobilize $5BN for Energy Access Projects🔸The African Guarantee Fund (AGF) – an investment vehi...
31/01/2025

African Guarantee Fund to Mobilize $5BN for Energy Access Projects

🔸The African Guarantee Fund (AGF) – an investment vehicle dedicated to facilitating economic development in Africa – has launched the Mission 300 Local Currency Guarantee Facility to mobilize $5 billion for African energy access projects.

Read More: https://hubs.la/Q034RBph0

The facility will provide funding to SMEs in the distributed renewable energy sector, supporting the broader Mission 300 initiative - a program led by the African Development Bank (AfDB) and the World Bank to deliver electricity to 300 million new African consumers by 2030.

🔗Join the ECP newsletter alongside 50,000+ subscribed energy leaders. Gain access to exclusive content and investment insights in the energy sector https://hubs.la/Q034RB8n0

SANPC CEO Godfrey Moagi Named as The Only South African On The Africa’s Top 40 Energy Leaders List 2025The South African...
31/01/2025

SANPC CEO Godfrey Moagi Named as The Only South African On The Africa’s Top 40 Energy Leaders List 2025

The South African National Petroleum Company - SOC (SANPC) is pleased to note that its CEO, Mr. Godfrey Moagi has been named as the only South African on the African Energy Chamber’s prestigious "Top 40 Movers and Shakers to Watch in 2025” to drive transformative change in Africa’s energy landscape.

📘Read More: https://hubs.la/Q034Rzc90

The AEC’s annual list celebrates leaders who exemplify innovation, strategic vision, and tangible impact in Africa’s energy sector. Moagi’s inclusion reflects his alignment with the AEC’s core pillars: energy security, investment mobilisation, and local empowerment. “The Top 40 list recognises those driving Africa’s energy future through collaboration and transformative policies,” said NJ Ayuk JD, MBA. Executive Chairman of the AEC. Moagi’s regional vision aligns with the AEC’s emphasis on cross-border collaboration to address Africa’s energy deficits. Globally, SANPC is geared to leverage partnerships with industry leaders like Petrobras to harness deepwater expertise while adhering to the AEC’s call for local capacity-building.

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Namibia Critical Metals Completes Pilot for Rare Earth Mine▪️Mining firm Namibia Critical Metals Inc. has completed a pr...
30/01/2025

Namibia Critical Metals Completes Pilot for Rare Earth Mine

▪️Mining firm Namibia Critical Metals Inc. has completed a production pilot program at its Lofdal Heavy Rare Earths Project.

Read More : https://hubs.la/Q034JbJR0

▪️The pilot utilized a hydrometallurgical plant to test crude rare earth element precipitation, re-leach and thorium solvent extraction methods, resulting in reduced reagent usage, according to the company.

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Angola: Pensana Secures Absa Funding for Longonjo ProjectMining company Pensana has secured an $80 million loan from pan...
30/01/2025

Angola: Pensana Secures Absa Funding for Longonjo Project

Mining company Pensana has secured an $80 million loan from pan-African financial institution Absa Bank Limited as part of a $160 million credit facility arranged with multiple institutions.

Read More: https://hubs.la/Q034HSNk0

Pensana will use the funding to support the Phase 1 development of the Longonjo rare earth project in Angola. Longonjo will generate 2,400 jobs and produce approximately 5% of the global magnet metal rare earths essential for wind turbines and electric vehicles, once fully operational, according to Atherley.

The Angola Oil & Gas (AOG) conference returns to Luanda on 3-4 September 2025 as the premier platform for the country’s oil and gas industry.

Book your delegate pass: https://hubs.ly/Q032Rkxr0
For sponsorship, exhibition and delegate inquiries, get in touch: https://hubs.ly/Q032R0Pl0

Mining Must Lead the Net-Zero Transition, Says AggrekoAs the global focus on sustainability intensifies, the mining sect...
30/01/2025

Mining Must Lead the Net-Zero Transition, Says Aggreko

As the global focus on sustainability intensifies, the mining sector is at a crossroads. Operators must tackle the dual challenge of achieving net-zero emissions while advancing a Just Energy Transition.

Read More: https://hubs.la/Q034HSB20

A fundamental step is embracing renewable energy sources. This move not only reduces their carbon footprint but also positions them as leaders in the global push toward sustainability. By conducting thorough audits, mining companies can pinpoint areas where energy consumption can be optimized.
Hybrid energy solutions offer another avenue to bridge the gap between current operational demands and sustainability goals.

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FLNG Gimi Receives Feed Gas from GTA Project➡️ The FLNG Gimi vessel has received its first feed gas from bps Greater Tor...
29/01/2025

FLNG Gimi Receives Feed Gas from GTA Project

➡️ The FLNG Gimi vessel has received its first feed gas from bps Greater Tortue Ahmeyim (GTA) gas field, located offshore Senegal and Mauritania, marking a significant milestone as the FLNG enters full commissioning.

Read More : https://hubs.la/Q034tVpf0

With feed gas now flowing from the FPSO, full-scale commissioning activities can advance, setting the stage for the next phases of the GTA field development.

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Copper 360 Acquires Northern Cape Wind Project▪️Mining company Copper 360 Limited has signed an agreement with clean ene...
29/01/2025

Copper 360 Acquires Northern Cape Wind Project

▪️Mining company Copper 360 Limited has signed an agreement with clean energy firm Mulilo Renewable Project Developments to acquire its subsidiary, Mulilo Springbok Wind Power.

Read More: https://hubs.la/Q034sPDL0

The subsidiary is developing a 55MW wind project in South Africa’s Northern Cape province, with the project at an advanced stage following the approval of an environmental impact assessment and land leases.

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Our Conference Producer, Megan Crozett, will be in Brazzaville, Republic of the Congo, from 27th to 11 February 2025 for...
29/01/2025

Our Conference Producer, Megan Crozett, will be in Brazzaville, Republic of the Congo, from 27th to 11 February 2025 for the upcoming Congo Energy & Investment Forum (CEIF).

Taking place on 24-26 March 2025 under the theme "Securing Growth and Investment in a New Era," CEIF will showcase partnership and investment opportunities across the hydrocarbon exploration, gas monetization, green energy, and downstream sectors, positioning the Republic of the Congo as a top investment destination for oil, gas, and power industries in Africa.

📩 Email [email protected] to arrange a meeting or discuss CEIF’s agenda and opportunities in person.

To find out more about CEIF, visit: https://hubs.la/Q034sSf00

Our Account Executive, Keltouma Naseh, will be in Brazzaville, Republic of the Congo, until 31 January 2025 for the upco...
29/01/2025

Our Account Executive, Keltouma Naseh, will be in Brazzaville, Republic of the Congo, until 31 January 2025 for the upcoming Congo Energy & Investment Forum (CEIF).

Taking place on 24-26 March 2025 under the theme "Securing Growth and Investment in a New Era," CEIF will showcase partnership and investment opportunities across the hydrocarbon exploration, gas monetization, green energy, and downstream sectors, positioning the Republic of the Congo as a top investment destination for oil, gas, and power industries in Africa.

📩 Email [email protected] to arrange a meeting or discuss CEIF’s agenda and opportunities in person.

To find out more about CEIF, visit: https://hubs.la/Q034sZmr0

Nigeria: Policies Accelerating O&G Market Expansion ➡️ Nigeria’s oil and gas sector expanded in 2024, ranking among the ...
29/01/2025

Nigeria: Policies Accelerating O&G Market Expansion

➡️ Nigeria’s oil and gas sector expanded in 2024, ranking among the top three global investment destinations out of 14 countries. Non-associated gas project profitability improved by 30%, bolstered by five transformative policy directives aimed at enhancing the business climate and achieving production targets of four million barrels per day and 12 billion cubic feet per day by 2030.

Read More : https://hubs.ly/Q034s2J40

The Notice of Tax Incentives for Deep Offshore Production 2024, enacted on October 1 2024, reduces the production tax credit paid by deep offshore projects by 10%. Nigeria introduced VAT waivers for automated gas oil, electric vehicles, LPG, CNG and clean cooking technologies in September 2024. On 28 February 2024, Nigerian President Tinubu signed the Presidential Directive 41 Local Content Compliance 2024 to improve foreign participation within the oil and gas industry.

The Presidential Directive 42 Petroleum Sector Cost Reforms, signed on 28 February,2024, aims to cut contracting costs and reduce project ex*****on timelines, aligning Nigeria’s contracting cycle with global industry standards. The Presidential Directive 40 Tax Incentives Order was enacted on 28 February 2024, providing tax credits for greenfield gas projects targeting production by January 1, 2029.

🔗Join the ECP newsletter alongside 50,000+ subscribed energy leaders. Gain access to exclusive content and investment insights in the energy sector https://hubs.ly/Q034s05t0

EU Provides Technical Assistance for Congo’s Hydropower ConcessionsThe European Union in the United States (EU) has laun...
28/01/2025

EU Provides Technical Assistance for Congo’s Hydropower Concessions

The European Union in the United States (EU) has launched a technical assistance mission to strengthen the Republic of Congo’s hydropower concession framework, aiming to enhance the country’s electricity supply and align its power sector with international standards.

Full Story: https://hubs.la/Q034jK-S0

This initiative focuses on feasibility studies, private operator selection and market regulation to support the hydropower concession process.

The inaugural Congo Energy and Investment Forum (CEIF), set for March 24-26, 2025, in Brazzaville, will bring together international investors and local stakeholders to explore
national and regional energy and infrastructure opportunities.

📌Book your early bird delegate pass Now: https://hubs.la/Q034k2KD0
📌To participate as a sponsor or exhibitor, visit: https://hubs.la/Q034k2YF0
👉 Find out more about the Congo Energy & Investment Forum and be a part of shaping the future of Congo's energy landscape: https://hubs.la/Q034j_Pn0

💡 “Connecting People to Electricity” - OPEC Fund joins Mission 300 with a $2 billion pledgeSupporting access to electric...
28/01/2025

💡 “Connecting People to Electricity” - OPEC Fund joins Mission 300 with a $2 billion pledge

Supporting access to electricity for hundreds of millions of people, the OPEC Fund for International Development (the OPEC Fund) is joining Mission 300 with an up to $2 billion pledge.

Read More : https://hubs.la/Q034fB8z0

The institution will initially commit $1 billion to support the initiative and potentially contribute an additional $1 billion following a progress and demand evaluation in 2027. Launched by the World Bank Group Enterprise Surveys (WBG) and the African Development Bank Group (AfDB) in collaboration with partners, the initiative aims to connect 300 million people to electricity in sub-Saharan Africa by 2030.

The OPEC Fund for International Development (the OPEC Fund) is the only globally mandated development institution that provides financing from member countries to non-member countries exclusively.

Join the ECP newsletter alongside 50,000+ subscribed energy leaders. Gain access to exclusive content and investment insights in the energy sector https://hubs.la/Q034fNWg0

Policy Reforms Fuel Dynamic Investment Growth in Angola, Nigeria's Energy Sectors➡️ In recent years, Angola and Nigeria ...
27/01/2025

Policy Reforms Fuel Dynamic Investment Growth in Angola, Nigeria's Energy Sectors

➡️ In recent years, Angola and Nigeria have both introduced significant reforms aimed at revitalizing their energy sectors and attracting foreign investment. While Angola’s focus has been on strengthening local participation and fostering economic development through strategic local content policies, Nigeria has implemented new fiscal incentives targeting international investment and E&P participation.

Read More: https://hubs.la/Q03430F70

Angola has made substantial strides to modernize its oil and gas industry. Angola’s policy changes have spurred local participation, providing Angolan service companies with new opportunities to secure contracts. In Angola, firms such as KAESO Energy Services, which provides well bore clean-out services, and Brimont Angola, with its three logistics facilities, have taken full advantage of the local content policies. In Angola, the pipeline of projects is expected to grow steadily, with more local companies strengthening their positions in the market.

🔗Join us on the 3rd - 4th September 2025 as the Angola Oil and Gas Conference (AOG) and Exhibition brings together global investors, project developers, and key industry players to sign deals and advance projects.

📌Register Now: https://hubs.la/Q03430dX0
📌For Sponsorship Opportunities, visit: https://hubs.la/Q034327n0

✈️  France’s Corsair to Launch Brazzaville-Paris FlightsFrench airline Corsair will open a new route connecting Brazzavi...
27/01/2025

✈️ France’s Corsair to Launch Brazzaville-Paris Flights

French airline Corsair will open a new route connecting Brazzaville, Republic of Congo and Paris, France by the end of 2025.

Read More: https://hubs.la/Q0342LzK0

Amid a restructuring phase, Corsair aims to refocus on key markets, including Africa.

Join the ECP newsletter alongside 50,000+ subscribed energy leaders. Gain access to exclusive content and investment insights in the energy sector https://hubs.la/Q0342LDx0

➡️ Kula Gold, African Rare Metals Launch E&P JV in MalawiMining companies Kula Gold and African Rare Metals have establi...
27/01/2025

➡️ Kula Gold, African Rare Metals Launch E&P JV in Malawi

Mining companies Kula Gold and African Rare Metals have established the Wozi Niobium Project, a joint venture (JV) focused on niobium and tantalum exploration in Malawi.

Read More: https://hubs.la/Q0342gW80

The JV has applied for an exploration license, with the Malawi Mining and Minerals Regulatory Authority recommending its approval, according to Kula Gold.

🔗Find out more about the African Mining Week (AMW) and discover Africa’s mining potential.

📌Book your delegate pass: https://hubs.la/Q0342hbL0
📌Enquire to sponsor & exhibit: https://hubs.la/Q0342hcC0

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