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Zimbabwe intends to implement a 26% free carry interest in new mining projects, while negotiating for similar interests with existing operators, showcasing a trend across Africa for higher local ownership …
Zimbabwe Pursues Increased Ownership Stake in Mining Ventures Read More
The construction of a US$1.5 billion desalination plant in Chile is set to start this year. This project aims to improve water supply and address water scarcity issues in the …
Construction of US$1.5 Billion Desalination Plant in Chile Set to Begin Read More
Pensana has secured $268 million in funding for its Longonjo rare earth project in Angola. The financing includes a $160 million syndicated loan from the AFC and Absa Bank. The …
Pensana Secures $268 Million Financing for Longonjo Rare Earth Project in Angola Read More
Cameroon plans to increase its cement production capacity to 12.7 million tons by 2025 with three new cement plants in Édéa, backed by Chinese investment. These plants will collectively add …
Cameroon to Enhance Cement Production Capacity to 12.7 Million Tons by 2025 Read More
Renaissance Africa Energy Holdings has completed a $1.3 billion acquisition of Shell’s Nigerian subsidiary, SPDC. This acquisition includes a full control of SPDC’s onshore assets in the Niger Delta. The …
Renaissance Africa Energy Holdings Finalizes $1.3B Acquisition of SPDC Read More
Pensana PLC shares rose 38% after securing $268 million financing for the Longonjo rare earth project in Angola, which will produce 20,000 tonnes of rare earth carbonate annually and create …
Pensana Shares Surge 38% After Securing $268 Million for Angola Project Read More
The Renaissance Group reported an explosion on its Trans-Niger pipeline in Rivers State, prompting an investigation team to be deployed. The blast occurred in the Bodo community, resulting in a …
Investigation Launched into Trans-Niger Pipeline Explosion by Renaissance Group Read More
Pensana PLC shares rose 38% after securing $268 million financing for its Longonjo rare earth project in Angola. The funding includes a $160 million loan and $92 million in equity. …
Pensana Shares Surge 38% Following $268 Million Financing for Angola Project Read More
In 2024, Brazil’s offshore oil exploration recorded 731 accidents, the highest since 2011. This raises safety concerns amid political backlash regarding licensing in sensitive regions. The ANP attributes the increase …
Record High Offshore Oil Exploration Accidents in Brazil in 2024 Read More
BHP has acquired the right to a 75% stake in Cobre’s Botswana projects following its inclusion in BHP’s Xplor program. The agreement includes $5 million in funding and a planned …
BHP Secures 75% Stake in Cobre’s Botswana Mining Projects Read More