Tag: Mining
“New Côte d’Ivoire Mineral Resource Findings Surprise with 60% Increase Over Past Estimates!”
President of Democratic Republic of the Congo (DRC) Receives Shakhboot bin Nahyan
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His Excellency Félix Tshisekedi, President of the Democratic Republic of the Congo (DRC), received His Excellency Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, during an official visit to the capital, Kinshasa.
H.E. Sheikh Shakhboot bin Nahyan conveyed the greetings of His Highness Sheikh Mohamed bin Zayed Al Nahyan, UAE President, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, to H.E. President Tshisekedi, along with their wishes of further progress and prosperity for the government and people of the DRC.
For his part, H.E. President Tshisekedi conveyed his greetings to His Highness Sheikh Mohamed bin Zayed Al Nahyan, UAE President, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, along with his wishes for further development and growth for the leadership, government, and people of the UAE.
During the meeting, H.E. President Tshisekedi welcomed the visit of H.E. Sheikh Shakhboot bin Nahyan, and discussed mutual efforts to expand and develop bilateral relations for the benefit of both countries and peoples. The two sides also explored areas of collaboration across several fields including economy, trade, energy, mining, technology, AI, and education.
Distributed by APO Group on behalf of United Arab Emirates, Ministry of Foreign Affairs.Zimplats Launches Ambitious 45MW Solar Power Plant Initiative!
“Exciting Collaboration: Namib Minerals Teams Up with Bitumen World Mining for How Mine Project”
Astron Revamps 600 Caltex Service Stations: A Bold New Look for Enhanced Customer Experience!
National experts meeting to finalize review of the draft revised Economic Community of West African States (ECOWAS) mineral development
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The Energy & Mines Directorate is holding a National Experts Meeting to finalize the review of the Draft Revised ECOWAS Mineral Development Policy and its Implementation Matrix (Revised EMDP, 2024), in Lagos, Nigeria from the 10th to 15th of November 2025. The meeting brings together senior officers from ECOWAS Members States' Ministries in-charge of Mineral Resources Development, ECOWAS Federation of Chamber of Mines (EFEDCOM), and staff of the Commission.
This is the 3rd National Experts Review Meeting is organized on the Draft Revised EMDP, 2024. It is recalled that the Authority of Heads of State and Government in February 2012, adopted the “ECOWAS Mineral Development Policy and its Implementation Plan” (EMDP, by Supplementary Act A/SP.16/02/12). The adoption of the EMDP of 2012 was to give effect to Article 31.1 of the Revised ECOWAS Treaty of 1993, which is on Natural Resources. It enjoins Member States to harmonize and co-ordinate their policies and programmes in the field of natural resources. The Revised ECOWAS Treaty further states in Article 31.2d that, Member States shall “coordinate their programmes for development and utilization of mineral and water resources”.
Given the sector's dynamic operating factors, and the Policy having subsisted for over twelve (12) years after its adoption, ECOWAS Commission decided that it is essential to bring Member States together to review and/or update their consensus position on the key policy issues of currency, in the mineral sector. The main objective as stated in the Draft Revised EMDP, 2024 is to promote the development of an efficient Mineral Resources Sector in the region.
The meeting provides a unique opportunity for the national experts and policymakers to engage in in-depth discussions, exchange expertise, and refine the Draft Revised EMDP, 2024. The collective goal being to ensure that the revised policy framework aligns with ECOWAS Vision 2050, African Mining Vision, and global best practices, while also addressing the unique challenges and opportunities in the sector within the Community.
Distributed by APO Group on behalf of Economic Community of West African States (ECOWAS).Boosting Growth: Al-Sisi Unveils Plans for Oil, Gas, and Mining Expansion with Fresh Investor Incentives!
Mineral Sales Surge by 14%: A Booming Market Trend!
Egypt: President El-Sisi Meets Prime Minister and Minister of Petroleum and Mineral Resources
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Today, President Abdel Fattah El-Sisi met with Prime Minister Dr. Mostafa Madbouly, and Minister of Petroleum and Mineral Resources Eng. Karim Badawi.
Spokesman for the Presidency Ambassador Mohamed El-Shennawy, stated that the meeting discussed the strategic plan and the main axes of the Ministry of Petroleum and Mineral Resources' work during the current phase. The meeting focused on the Ministry's work related to production and exploration activities, and efforts to enhance the mining sector and increase its added value. In this context, Eng. Karim Badawi offered a presentation of the Ministry's plan for exploration drilling activities during the period from 2026 until 2030.
The Minister of Petroleum and Mineral Resources reviewed the developments in the mining sector in Egypt. He highlighted the sector's success components, the size of the geological reserve, and investment indicators, as well as the challenges facing the sector and the measures taken to overcome them in line with the development strategy. This includes the issuance of a law to convert the Mineral Resources Authority into an economic public authority, building a competitive model to attract investors from major and emerging companies, and addressing related financial and investment challenges.
The meeting also touched on efforts to expand the onshore and offshore oil and gas exploration operations, including incentives directed at exploration companies, with the aim of making Egypt one of the most attractive countries for investments in this field.
The President gave directives to intensify efforts to expand exploration activities and benefit from successful experiences. The Minister of Petroleum reviewed the exploratory drilling activities in the Mediterranean Sea during 2026, including the expected number of wells to be drilled, the investment cost, the size of the expected oil and gas reserves, production rates, in addition to the expected annual savings in the import bill. The Minister also evaluated the developments in seismic survey activities for 2025 and those planned for 2026, along with natural gas production rates from July 2024 to October 2025, including the plan to diversify gas supply sources.
During the meeting, the Minister of Petroleum and Mineral Resources offered a report on his recent participation in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). This participation is part of the framework of strengthening Egypt's active presence in global energy forums and promoting available investment opportunities in the Egyptian market to major international companies. He pointed out that his meetings and interventions during the conference underscored the priorities and key pillars of the energy sector in Egypt, while emphasizing the importance of regional cooperation as a key to ensuring energy security.
President El-Sisi reiterated the necessity to provide more incentives and facilitations for investors in the oil, gas, and mining sectors. This would contribute to boosting the volume of investments and increasing production to meet the growing consumption and development needs, while continuing efforts to localize the industries associated with these vital sectors.
Distributed by APO Group on behalf of Presidency of the Arab Republic of Egypt.African Energy Chamber G20 Forum Fireside Chats to Explore the Future of Africa’s Oil and Gas Value Chain
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The African Energy Chamber's G20 Africa Energy Investment Forum (https://EnergyChamber.org/) – taking place on November 21 in Johannesburg – will host two exclusive fireside chats that will unpack the future of Africa's oil and gas value chain, exploring how upstream growth, midstream diversification and downstream modernization can accelerate investment across the continent. At a time when African governments and companies are repositioning themselves for new exploration, refining upgrades and energy-transition aligned strategies, these dialogues will highlight the role of global partnerships in driving Africa's energy and climate goals.
Oando PLC has set a strong example for how independent oil and gas companies can position themselves at the helm of African energy diversification. By evolving from a trading and downstream company into one of sub-Saharan Africa's most competitive and integrated groups, the company is not only expanding its investments but unlocking the potential of the continent's oil and gas value chain. Recent developments reflect this approach. In 2024, the company acquired Eni's Nigerian Agip Oil Company in a move that widened its upstream portfolio. The company also launched Oando Mining – focusing on developing lithium and other critical minerals -, while reinforcing its downstream and marketing business.
These efforts reflect a commitment to a diversified energy portfolio, one that many independents can mirror across the continent. During the G20 Forum, Tinubu will participate in a fireside chat on Strategy, Growth and Expansion: From Upstream to Energy Diversification. The session will offer insight into the company's energy strategy, opportunities for African independents in Africa and the need to expand the continent's oil and gas value chain.
“Africa's oil and gas value chain is full of untapped potential, and companies like Oando are proving what is possible when African champions lead from the front. Oando's growth story shows that with the right capital and the right partnerships, African companies can drive transformative expansion across the entire value chain,” states NJ Ayuk, Executive Chairman, African Energy Chamber.
Meanwhile, the South African National Petroleum Company (SANPC) – the country's newly-formed state entity – has set its sights on accelerated project development, with a view to strengthening supply chains and enhancing fuel security. In addition to pursuing upstream projects, the SANPC has committed to transforming the country's midstream sector through the revival of strategic refining infrastructure. Lack of investments have long-plagued the country's refineries, leading to an over-reliance on imports that have made South Africa vulnerable to supply disruptions. However, the SANPC strives to turn this trend around. Key projects include the revitalization of the SAPREF refinery and reinstatement of the Gas-to-Liquids refinery. The company aims to bring the 180,000 barrel per day SAPREF facility back online following a closure in 2022, boosting capacity to between 400,000 bpd and 600,000 bpd in the long-run.
A fireside chat at the G20 Forum will unlock the role these infrastructure projects will play in the country's energy future. The discussion will feature the SANPC's CEO Godfrey Moagi, who is expected to share insight into strategies for strengthening the country's oil and gas supply chain. The discussions takes place under the theme Repositioning the National Champion: Refinery Modernization and De-Risking South Africa's Supply Chain, providing investors with exclusive insights into South Africa's midstream expansion strategy.
“South Africa's energy security hinges on strengthening its downstream infrastructure, modernizing refineries and building a supply chain that is resilient, competitive and future-ready. SANPC is positioned to play a pivotal national role, but unlocking this vision requires global finance, technology partnerships and strategic investors who are willing to back long-term refinery upgrades and fuel-security projects,” Ayuk added.
With global interest in Africa's energy markets rising and new policies across multiple countries seeking to accelerate upstream and downstream investment, the G20 Africa Energy Investment Forum's fireside chats promise to provide strategic clarity and actionable insight for investors, national companies and international financiers seeking to expand their footprint across the continent.
To register for the Forum click here (https://apo-opa.co/4pewDcs).
Distributed by APO Group on behalf of African Energy Chamber.G20 Energy Investment Forum to Unite Africa’s Top Finance, Insurance and Technology Leaders
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Leaders from Africa's finance, telecommunications and insurance sectors have been confirmed as speakers at the G20 Africa Energy Investment Forum, hosted by the African Energy Chamber (AEC) (https://EnergyChamber.org/) on November 21 in Johannesburg. The lineup features Dele Kuti, Global Head of Energy and Infrastructure at Standard Bank; Simon Karikari, CEO of Vodacom Mozambique and Lida Preyma, Founder and CEO of Cēlendaire Capital.
Standard Bank has reinforced its role as a key financier of energy and infrastructure projects across Africa, updating its sustainable finance targets to mobilize over R450 billion by 2028, with R74.3 billion financed in 2024 alone. The bank has supported major energy developments, including South Africa's 400 MW Overberg Wind Farm, set to become the country's largest single commercial wind project, Namibia's Diaz Wind Project, where it acted as lead arranger for a NAD1.2 billion facility, the 140 MW Ishwati Wind Farm, which employs an innovative energy aggregator model, and Seriti Green's 155 MW wind project in Mpumalanga. Beyond project finance, Standard Bank has provided corporates with strategic debt and equity solutions, including a $130 million facility for Tharisa to strengthen its capital structure and support its underground mining transition, as well as a R7 billion facility for Mulilo Energy to advance its renewable energy pipeline, including battery storage systems and projects under South Africa's Renewable Energy Independent Power Producer Procurement Program.
Under Karikari's leadership, Vodacom Mozambique has been expanding connectivity and technological infrastructure across the country. In 2024, the company invested $25 million in a tier 3, carrier-neutral data center in Matola, providing direct access to the 2Africa subsea cable and serving as a hub for secure and reliable digital services. Vodacom is accelerating its 5G rollout, targeting up to 75% population coverage by 2025, while advancing rural network expansion. Partnerships with the UK's Aritel Africa and Orange in the Democratic Republic of Congo support network sharing and the deployment of solar-powered base stations, improving operational efficiency and fostering digital inclusion. The company has also launched affordable devices, such as the Digit 4G Z1, to broaden access to digital services.
Cēlendaire Capital brings strategic investment expertise to Africa's emerging markets, focusing on capital deployment and innovative financing solutions that enable access to growth opportunities across technology, energy and infrastructure sectors. While the firm does not disclose project details, its participation at the forum highlights its role in driving sustainable investment and strategic partnerships across Africa.
“The presence of Standard Bank, Vodacom Mozambique and Cēlendaire Capital at the G20 Africa Energy Investment Forum demonstrates the incredible depth of expertise driving Africa's growth across finance, infrastructure and technology. This forum is more than a discussion – it is a platform to unlock strategic investments, accelerate innovation and build Africa's economic future,” said NJ Ayuk, Executive Chairman of the AEC.
To register for the Forum click here (https://apo-opa.co/3JVEGvt).
Distributed by APO Group on behalf of African Energy Chamber.

