NEWS

In Accra, Liberia’s vice president sets out five priorities for African mining

Transforming Africa’s mineral resources requires five connected areas of work: energy and infrastructure access, subsurface knowledge, predictable governance, community protection and more balanced international partnerships. This was the direction presented by Liberia’s Vice President Jeremiah Kpan Koung at the opening of the African Mining Policy Forum–Mining in Motion (AMPF–MiM), held in Accra on October 19–21, 2026.

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Namibia: Windhoek seeks to require local mineral processing

Namibia wants to change the relationship between mining investors and national resources. President Netumbo Nandi-Ndaitwah is calling on foreign companies to build processing and manufacturing facilities in the country, so minerals are no longer exported raw before being bought back as processed products. The direction is clear: access to subsurface resources must contribute more to industrialization, employment and local skills.

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Liberia: mining sector contributes $432 million to public revenue

Mining contributed around $432 million to Liberia’s public revenue, according to Liberia Revenue Authority (LRA) Commissioner General James Dorbor Jallah. He presented the figure at a public meeting in Tubmanburg, Bomi County, after the country passed $1 billion in revenue collection in September. The announcement illustrates extractive activities’ growing weight in state finances while raising a central question: how can these receipts become lasting investment and visible public services?

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Senegal: gold production could reach 16 tonnes in 2026

Senegal’s gold industry is accelerating. After producing more than 10 tonnes in 2025, the country could extract around 16 tonnes in 2026, according to forecasts reported this week. First-half production already reached 8.2 tonnes, up 35% year on year. This increase reflects new capacity ramping up, but does not yet guarantee the full-year result.

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Angola: Caculo Cabaça’s first turbine expected in June 2027

The first turbine at Angola’s Caculo Cabaça hydroelectric plant is expected to enter service in June 2027, according to the schedule announced during a government site visit on October 17. Located on the Kwanza River, the project has planned installed capacity of 2,172 megawatts. Overall progress stands at 57.48%, while completion of all work is now targeted for August 2029.

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SIREXE 2026: Abidjan seeks to turn ambitions into funded projects

The second International Exhibition of Extractive and Energy Resources (SIREXE) will take place in Abidjan on November 18–22, 2026. Focused on infrastructure, it will bring together oil, gas, mining and electricity stakeholders around a shared challenge: turning investment ambitions into financed and delivered projects. For Côte d’Ivoire, it comes as hydrocarbon expansion must coexist with ambitious energy-transition and local-content goals.

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Ethiopia: Taranis takes control of the Corbetti geothermal project

Ethiopia is reviving development of the Corbetti geothermal project with Taranis becoming majority shareholder. Completed in early October, the transaction opens a new financing and exploratory-drilling preparation phase in the Corbetti caldera, around 250 kilometers south of Addis Ababa. The initial envisaged plant would generate 50 megawatts, with a potential 100 MW expansion. No commissioning timetable has been announced.

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Ghana: Jomoro announces a $28 billion agreement for phase two

Ghana has announced a $28 billion agreement for the second phase of its Jomoro petroleum hub. Signed on October 19 by the Petroleum Hub Development Corporation (PHDC) and an international consortium led by Global Sphere, the partnership envisages a 300,000-barrel-per-day refinery, two petrochemical units and port facilities. The industrial ambition is substantial. Its credibility will nevertheless depend on turning the announced agreement into financing, construction and sustainable supply.

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Libya: Eni completes Bouri gas recovery facilities

The offshore Bouri gas project in Libya has reached an important milestone. On October 19, Eni announced completion of the Bouri Gas Utilization Project, designed to recover and process associated gas previously flared during oil extraction. Commissioning procedures have begun, but the announcement does not yet mean normal operating rates have been reached.

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Mozambique: ENH seeks partners to import gas at Beira and Inhassoro

Mozambique’s state-owned ENH is seeking investors to develop natural gas import, regasification and transport infrastructure around Beira and Inhassoro. Estimated at around $250 million according to information reported by Reuters, the project could help maintain supply for southern consumers and markets connected to the pipeline toward South Africa. Discussions remain preliminary: no final investment or supply agreement has been announced.

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