East Africa: three refinery projects and a market to win
The Lamu, Hoima and Tanga projects could exceed current demand for refined products in East Africa. Their viability will depend on supplies, logistics, target markets and actual utilization.
The Lamu, Hoima and Tanga projects could exceed current demand for refined products in East Africa. Their viability will depend on supplies, logistics, target markets and actual utilization.
The former executive at Rio Tinto, SMB-Winning and Guinea’s Chamber of Mines is launching DA Ressources Guinée, an advisory and investment platform. Its initial mandates and financing structure remain to be clarified.
Lithium Africa wants to build a dense media separation plant at Springbok and targets its first spodumene concentrate in 2027. The schedule still depends on drilling, approvals and financing.
Eight years after its creation, the DRC’s Mining Fund for Future Generations has mobilized substantial resources. Revenue traceability, project monitoring and publication of verifiable accounts remain decisive in establishing its impact.
In Canada, oil production reached a record in 2025 while sector emissions declined slightly according to a preliminary estimate. This near-stagnation highlights the gap between improved carbon intensity and an actual reduction in emissions.
Saudi Aramco leads the global ranking of listed oil and gas companies, ahead of ExxonMobil and Chevron. However, market capitalization measures investor valuation, not reserves, production or a company’s actual importance in its country.
Despite rapid growth in solar and wind, fossil fuels continue to meet most of the world’s energy needs. As COP31 approaches, the gap between climate commitments and actual uses highlights the limits of a transition focused on electricity.
In Germany, businesses are questioning the cost and pace of the energy transition. The debate pits two priorities against each other: preserving industrial competitiveness and accelerating low-carbon investment without weakening climate goals.
In Kindu, Equity BCDC has set up a banking service point on DRC Gold Trading’s premises. The arrangement brings banking services closer to traders and artisanal miners, aiming to secure payments and better document transactions.
West African Resources is targeting between 430,000 and 490,000 ounces of gold in 2026, equivalent to approximately 15 tonnes at the upper end. Explosives supply constraints complicate operations, but third-quarter results keep the target within reach.
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