Features

Namibia is considering taking minority stakes in mining and petroleum producers to reap more value from its mineral wealth, the African country’s mining minister told lawmakers, weighing on shares of mostly Australia-listed miners on Tuesday. Namibia is one of the biggest uranium producers in the world. It is also a …

Namibia has emerged as a highly attractive E&P play, with a series of investors and project developers turning their attention to the high potential market. During the Invest in African Energy Forum in Paris, taking place ahead of the much-anticipated African Energy Week (AEW) conference and exhibition, scheduled for October …

Cuban President Miguel Díaz-Canel’s recent visit to Namibia is capturing attention, with experts suggesting that Cuba is eyeing the African nation’s significant oil and natural gas potential. Namibia, which is expected to start oil production around 2029, has already attracted substantial investments from major multinationals such as Shell, Total, GALP, …

Africa is yet to see anything close to a full return on its massive oil and gas resources. With one-third of the continent – almost 500 million people – still having no access to electricity, ending energy poverty across Africa is among the planet’s most urgent challenges. To address this, …

The International Monetary Fund’s latest  consultation report indicates that the local economy’s GDP growth reached 4.6 percent in 2022 on the back of sustained mining growth and recovery in tourism. This year, the growth is estimated at 3.2 percent, as economic activity is assessed to have now surpassed the pre-pandemic …

Considering the theme of the Investing in African Mining Indaba 2024– Embracing the power of positive disruption: A bold new future for African mining –the term ‘disruption’ has come to describe a raft of rapid technological and other advancements that have significantly changed the way we do business today. “Perhaps …

The two leading OEM companies join forces to develop an integrated service portfolio for ABB mine hoists, According to the two companies, the partnership is an important step in ABB’s ambition to expand the service portfolio and maximize customer value Geographic reach will focus on the mine hoist end user markets …

Atlas Copco Group launched a new identity, including a new Group logo, a new visual identity, and a new tagline: Technology that transforms the future. The current blue and white Atlas Copco brand and logo will continue to be used on products and services, in the same way as other …

After many years of trying to break into the Ghana gold mining mar­ket with its modern mine winder drive and control systems, ACTOM Industry finally achieved a break­through late last year when it secured an important contract to upgrade the drive and control sys­tem of a man-winder at a gold …

A locally-developed online marketplace to trade environmental assets has launched in South Africa in the Green Asset Exchange. The marketplace connects buyer to seller through an online platform that should allow a transparent and efficient way to get economic value from Africa’s green economy. The marketplace is for Renewable Energy …