Business

In the face of tariffs, immigration curbs, reduced development funding and growing nationalism, conventional wisdom suggests Africa faces strong geopolitical headwinds. However, the apparent disorder may have a significant upside for the continent. This emerged from a passionate debate on the main stage on Day 2 of Investing in African …

TotalEnergies has signed agreements to acquire a 42.5% operating interest in the PEL 104 exploration license, located offshore Namibia, from Eight Offshore Investments Holdings and Maravilla Oil & Gas. Upon completion of the transaction, TotalEnergies will become the operator of the license, holding a 42.5% interest alongside Petrobras (42.5%), Namcor …

International company MOL Group has entered into a new strategic partnership with Libya’s National Oil Corporation (NOC). The Memorandum of Understanding sets the foundation for cooperation in hydrocarbons exploration, technological innovation and crude trading. The memorandum of understanding was signed in Budapest by MOL Group Chairman and Chief Executive Officer …

Leading engineering and scientific consultancy SRK Consulting (South Africa) has promoted principal environmental scientist Kirsten King and principal engineering geologist James Dutchman to partnership positions. Based at the company’s Durban office, King has more than 30 years of experience in areas including environmental management, impact assessments, management programmes, monitoring, and …

The Investing in African Mining Indaba opened today with a compelling keynote address by President Hakainde Hichilema of Zambia, who offered a reflective yet forward-looking narrative on Zambia’s mining journey, Africa’s place in the global economy, and the urgent need for partnership-driven growth. Anchoring his address on the theme of …

Reinforcing its role as a strategic partner to the mining sector at a time of rapid transformation across Africa and emerging markets, Zutari will once again take part in African Mining Indaba 2026 from 9 to 12 February at the Cape Town International Convention Centre. Recognised as the continent’s premier …

VICTORIA FALLS—The Southern African Development Community (SADC) is set to pivot from regional dialogue to industrial implementation as it prepares to host the 2026 SADC Sustainable Energy Week (SEW) from February 23 to 27. Hosted at the Elephant Hills Resort, the high-level summit arrives at a critical juncture for the …

With the acquisition of Australia-based MRA Automation, Metso has expanded its bulk material handling capabilities by enhancing its automation, digitalisation and software offering for ports and terminals globally. The Finnish engineering group announced on February 2 that it has acquired Newcastle, New South Wales-based Multiskilled Resources Australia (MRA Automation), a …

JOHANNESBURG—Africa’s lifting and materials-handling sector is preparing to spotlight its top performers as nominations officially open for the 2nd Southern African Lifting Awards. Following a successful inaugural event that established a new benchmark for the industry, the 2026 edition is scheduled to take place on 30 October at the Birchwood …

Quarterly activities reported for the last quarter of the year have recorded strong progress at Etango Uranium Project. The project developers Bannerman Energy says significant developments across a range of key work streams have been achieved. Brandon Munro, Bannerman Executive Chairman said the company is advancing towards a targeted positive …