TotalEnergies ready to invest six billion dollars in Nigeria
TotalEnergies CEO Patrick Pouyanné met Nigerian President Bola Ahmed Tinubu on Monday. The French giant said it was ready to invest “six billion dollars over […]
investment
Angola inaugurates second phase of 39ME gas project in Soyo
Sonangol inaugurated Thursday December 14 the second phase of the Falcão project, an investment of 42.8 million dollars (38.9 million euros) that will supply gas […]
Angola plans to invest 16.3 billion euros to electrify half the country by 2027
Angola plans to reach an installed capacity of 8,000 megawatts and an electrification rate of 50% by 2027, which will require an investment of 17.2 […]
Tanzania pays $30 million to Winshear to settle dispute
Winshear Gold Corp reports that it has successfully concluded the settlement agreement with the United Republic of Tanzania (“Tanzania”) (collectively the “Parties”) in relation to […]
President of Mozambique calls for Vietnamese investment in the country
President of Mozambique Filipe Nyusi received the Vice President of Vietnam, Võ T. Ánh Xuân, as part of his four-day working visit to Mozambique, “to […]
Mali’s junta adopts new mining law to boost state revenues
Mali has adopted a new mining code allowing the military-led government to increase ownership up to a 30% stake in new mineral projects and collect […]
Togolese State acquires minority stakes in Lome-based ASKY
The government of Togo acquired on Monday 14.39% stakes of Ethiopian Airlines-backed airline Asky operating from the Togolese capital Lome for a total investment of […]
Oil companies have invested more than €1.8 billion in prospecting in Mozambique since 2006
Since 2006, oil companies in Mozambique have invested more than 1.8 billion euros in hydrocarbon exploration projects that are awaiting development plans or final investment […]
Foreign investment in Mozambique fell 66.8% in the first quarter
Foreign Direct Investment in Mozambique fell 66.8% in the first quarter, compared to 2022, to US$460.1 million (€417.3 million), led by South Africa, according to […]
Mozambique wants to boost economic co-operation with Russia
The President of Mozambique, Filipe Nyusi, on Thursday July 27 encouraged “greater business investment” in order to “boost” economic cooperation with Russia, after meeting in […]