African Ministers to Showcase Mineral Refining Opportunities at African Mining Week
African Mining Week (AMW) – Africa’s premier gathering for mining stakeholders, taking place from October 1-3 in Cape Town – will feature a high-level Ministerial Forum dedicated to advancing local mineral beneficiation across the continent. The session – From Extraction to Transformation: African Governments Driving Beneficiation and Value Addition –
Africa’s Strategic Diplomacy Fuels Mining Sector Growth
African nations are leveraging strategic partnerships to attract investment and strengthen their mining sectors. As competition between Western and Eastern powers intensifies over critical minerals, Africa has emerged as a key player in global supply chains, balancing geopolitical interests while maximizing economic benefits. With global markets racing to secure resources
African Oil Giants Advance IPO Plans to Attract Investment
In a bid to bolster investment and competitiveness within Africa’s oil and gas sector, national oil companies (NOCs) in Nigeria and Angola are progressing with long-anticipated initial public offerings (IPOs). These IPOs are poised to attract significant global investment, providing much-needed capital to enhance production capabilities, improve infrastructure and foster
Ugandans Gain Advanced Welding Skills Through EACOP’s Orbital Training
Uganda’s oil sector is expected to create up to 160,000 jobs, with a significant portion requiring specialised technical skills. In line with this demand, the East African Crude Oil Pipeline (EACOP) recently launched an advanced orbital welding training program to equip local engineers and welders with the expertise needed for
Africa Energy Bank Gains Momentum with Capital Contributions from Nigeria, Angola and Ghana
In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone represents 44% of the minimum required funding from African Petroleum Producers Organization (APPO) members to initiate the bank’s operations. Dr. Omar Farouk Ibrahim, Secretary
Uganda Signs Shs 14.6 trillion Oil Refinery Deal with Alpha MBM Investments
In a significant move to strengthen its emerging hydrocarbons industry, the Ugandan government has signed an oil refinery implementation agreement with Alpha MBM Investments LLC to develop a $4 billion (Shs 14.6 trillion) oil refinery. President Yoweri Museveni confirmed the agreement, stating that the refinery will be constructed in Hoima
EACOP , Tanzania Liquefied Natural Gas Set to Transform the Region
Representing a strategic oil and gas frontier, the East African region offers significant opportunities for investors. Large-scale infrastructure projects such as the East African Crude Oil Pipeline (EACOP) and Tanzania LNG project are not only expected to drive economic growth in the region, but also trigger an oil and gas
Uganda secures Shs 18.3 trillion funding for Oil pipeline
The company behind Uganda’s East African crude pipeline (EACOP) has secured its first tranche of external financing from a consortium of institutions, including commercial banks and Afreximbank, EACOP Ltd announced on Wednesday. EACOP is a key component of a broader $15 billion (Shs 18.3 trillion) energy initiative led by TotalEnergies,
AEW 2025 to Host National Oil Company (NOC)-International Oil Company (IOC) Forum in Cape Town
This year’s African Energy Week (AEW): Invest in African Energies conference will debut the first-ever National Oil Company (NOC) and International Oil Company (IOC) Forum, a dynamic platform that brings key public and private sector stakeholders into direct conversation to drive investment, secure new deals, foster local capacity building and
Uganda Chamber of Energy and Minerals Advocates for Stronger Private Sector Role in Enhancing Local Content
The Uganda Chamber of Energy and Minerals (UCEM) has reiterated its commitment to strengthening private sector participation in East Africa’s petroleum industry through local content development, skills enhancement, and policy advocacy. Speaking at the 11th East African Petroleum Conference & Exhibition (EAPCE) in Dar es Salaam, UCEM CEO Humphrey Asiimwe
