QatarEnergy's entry into two Angolan offshore blocks adds to its interests in Namibia, Mozambique, Egypt and elsewhere on the continent. This strategy broadens its supply and exploration options without making the group the operator of every asset concerned.
Experts from twelve countries are meeting in Lomé to validate energy data for 2023 and 2024. The quality of these statistics underpins grid planning, the measurement of losses and the evaluation of efficiency policies in the region.
SigraFi announces a $35 million credit facility to finance gold purchases under multi-year contracts with artisanal cooperatives and aggregators. The financing could strengthen formal channels, subject to rigorous checks on the origin and compliance of the volumes involved.
A partnership between the Congolese strategic investment fund, EnPower, Trafigura and Gridworks is preparing a 200-kilometre line between Kalumbila and Kolwezi. The project, valued at $300 million, could import up to 550 MW into the Congolese Copperbelt and strengthen regional electricity trade.
A ministerial order specifies the authorised sources of gold for Guinean refineries and imposes traceability, reporting and due diligence requirements. The aim is to formalise flows more effectively while clarifying the rules for industrial producers, licensed trading houses and holders of legally imported gold.
The UN support mechanism includes Guinea, Madagascar, Nigeria, Zambia and Zimbabwe. Its assistance focuses on rules, safeguards and local value chains, but no funding allocation has been announced at this stage.
With Simandou's first exports, Guinea is entering a new mining phase. The World Bank urges success to be measured not only by shipment volumes, but also by jobs, local businesses and activities created beyond ore extraction.
The 2027–2033 partnership framework between Guinea and the World Bank Group opens the way to more than $3 billion in commitments. Its stated aim is to turn Simandou's benefits into jobs, productive investment and diversification beyond iron ore.
African offshore spending could reach $19 billion in 2026, within an upstream sector estimated at $41 billion. These forecasts reflect the weight of deepwater projects, but increased capital commitments guarantee neither equivalent local benefits nor immediate production.
Madagascar's sovereign wealth fund and Gemcorp aim to create an investment platform to mobilize up to $5 billion for energy, infrastructure and mining. The amount is a fundraising target, not financing already secured.
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