Via Africa News Agency, a report on Sonatrach expanding its footprint in Southern Africa: Algeria’s Sonatrach and Mozambique’s ENH (Empresa Nacional de Hidrocarbonetos E.P.) signed a memorandum of understanding to strengthen cooperation in the oil and gas sector. The agreement, inked in Maputo by Rachid Hachichi (Sonatrach CEO) and Ludovina Bernardo (ENH Chair), with Algerian […]
Read more »Via The Economist, an article on TotalEnergies’ and other firms’ dash for Africa’s new oil and gas: To grasp the ambition behind Africa’s new oil and gas exploration, consider three projects under way at TotalEnergies, a French supermajor. In Uganda it is building the world’s longest heated pipeline. In Namibia it hopes to drill in waters 3km […]
Read more »Via Bloomberg, an article on Mozambique’s hydropower plan: Mozambique won World Bank backing for its plan to build Southern Africa’s biggest hydropower plant in half a century. The lender plans to provide debt and equity funding as well as risk guarantees and insurance for the $5 billion Mphanda Nkuwa plant on the Zambezi river and an […]
Read more »Via The Africa Report, a report why TotalEnergies is now betting on its Mozambique megaproject: Halted since 2021 following a jihadist attack, the Mozambique LNG project is set to resume by mid-2025, announced Patrick Pouyanné, CEO of the French energy giant. There is renewed optimism surrounding TotalEnergies’ massive project in Mozambique. Suspended in 2021 after […]
Read more »Via The Wall Street Journal, a report on how the West got its hands on one of the world’s best graphite mines—then things started going off the rails: When mining executive Shaun Verner first visited his company’s graphite deposit in Mozambique in 2017, he felt sure he had a winner. His goal: to challenge China’s dominance over […]
Read more »Via The Diplomat, an article on how Chinese smuggling rings have been instrumental in the illegal trafficking of rosewood. They also provide support to terrorist groups in West Africa and Mozambique. For centuries, cultures around the globe have prized items made from rosewood due to its fine-grained durability and rich coloring. Nowhere has this been […]
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