Energy - Copperbelt Katanga Mining

Morocco Launches $100 Million Uranium Extraction Project to Strengthen Energy Sovereignty 1

In a bold move to enhance its strategic autonomy, Morocco has unveiled a $100 million investment by URANEXT, a state-owned company affiliated with the OCP Group (Office Chérifien des Phosphates). The project focuses on extracting uranium from phosphate deposits near Jorf Lasfar—locally known as Yellow Cliff—leveraging Morocco’s vast phosphate reserves to position the country as a key player in the global uranium industry. This initiative marks a transformative leap for Moroccan industry, shifting the traditional phosphate sector toward advanced resource extraction and technological innovation. Significantly, the project is fully funded… Read More Here

Mining in Zambia Electricity Energy

ZESCO and CEC Partner to Accelerate Solar Energy Expansion Across Zambia

June 16, 2025June 16, 2025 Constance

ZESCO Limited and Copperbelt Energy Corporation (CEC) Plc have announced a strategic partnership to accelerate the rollout of solar power generation across Zambia. The collaboration includes the creation of a joint planning team designed to streamline the development of solar projects, optimize resource use, and eliminate project duplication. The announcement was made during an appreciation tour of CEC’s solar facilities in Kitwe. ZESCO Chairman Vickson Ncube highlighted the importance of a coordinated national approach. “We are forming a joint planning team between ZESCO and CEC management to plan the national… Read More Here

Mining in Zambia Energy

CEC Becomes First LuSE-Listed Company to Surpass $1 Billion Market Capitalisation

May 30, 2025May 30, 2025 Constance

The Copperbelt Energy Corporation (CEC) has made history by becoming the first company listed on the Lusaka Securities Exchange (LuSE) to achieve a market capitalisation exceeding US$1 billion — a landmark moment for both Zambia’s capital markets and the energy sector. The milestone was announced by Verona Nkolola, CEC’s Head of Corporate Communications and Investor Relations, following a 6.19% increase in the company’s share price, which rose from K16.65 to K17.68 on May 22, 2025. The surge propelled CEC’s valuation beyond the billion-dollar mark. “This historic achievement reflects strong investor… Read More Here

International Energy Oil & Gas Uranium

Namibia Eyes Investment Rebound on Uranium, Oil, and Green Hydrogen Projects

May 22, 2025May 22, 2025 Constance

Namibia expects a strong rebound in foreign direct investment (FDI) this year following a 25% decline in 2024, driven by the restart of uranium operations and increased activity in oil exploration and green hydrogen projects. The southern African country is actively positioning itself to attract renewed capital in these strategic sectors, according to Francois van Schalkwyk of the Namibia Investment Promotion and Development Board. “Several international oil companies are continuing to invest not only in exploration but also in supporting services for future development,” he noted. “We anticipate that at… Read More Here

Mining in Zambia Energy

FQM Secures Renewable Power Deal to Boost Zambia’s Energy Security

May 14, 2025May 14, 2025 Constance

First Quantum Minerals (FQM) has taken a significant step toward enhancing Zambia’s energy security and sustainability by signing an innovative agreement to source clean, reliable power from the Kariba North Bank Extension (KNBE) energy plant. This landmark deal brings together key partners—ZESCO’s subsidiary Kariba North Bank Extension Power Corporation (KNBE), GreenCo Power Services (GreenCo), and financial institutions Standard Bank Group and Stanbic Bank Zambia—to pioneer a forward-looking energy model that supports both industrial growth and renewable energy development. As part of the arrangement, KNBE secured commercial debt financing from the… Read More Here

International Energy Partnership

India and Angola Deepen Strategic Ties with Energy, Defence, and Tech Agreements

May 10, 2025May 10, 2025 Constance

India and Angola have agreed to significantly expand their strategic partnership, signing multiple Memorandums of Understanding (MoUs) covering energy, defence, digital infrastructure, space technology, and more. The agreements coincided with Angolan President João Lourenço’s landmark state visit to India—the first by an Angolan head of state in 38 years. During delegation-level talks, Prime Minister Narendra Modi described the visit as “historic,” noting its importance in deepening not just India-Angola relations, but also broader India-Africa cooperation. The visit comes as the two countries celebrate the 40th anniversary of diplomatic relations. “India… Read More Here

Mining in Zambia Energy Partnership

Mozambique Signs Energy Agreements with Zambia and Zimbabwe to Boost Regional Integration

May 10, 2025May 10, 2025 Constance

The Government of Mozambique, through the Ministry of Mineral Resources and Energy, has signed two memoranda of understanding (MoUs) with the Republics of Zambia and Zimbabwe, reinforcing a shared commitment to regional energy integration, industrialization, and sustainable development in Southern Africa. The MoUs were signed during the 11th Mining and Energy Conference (MMEC) in Maputo and align with the goals of the Southern African Development Community (SADC). The agreement with Zambia lays the groundwork for the development of a gas pipeline linking the Mozambican city of Beira to Ndola in… Read More Here

Mining in DRC Corporate News Energy

Soventix Joins Solar-Storage Project to Power DRC’s Kamoa-Kakula Copper Mine

May 9, 2025May 9, 2025 Constance

German solar energy company Soventix GmbH will play a key role in the development of a large-scale solar and battery storage project to power the Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC). The company announced its participation on April 30, 2025. Soventix will be responsible for planning, project management, and supplying key components. The project is being led by CrossBoundary Energy, a developer specializing in renewable energy solutions for commercial and industrial clients, which will operate the facility. Earlier in April, Kamoa Copper—the owner of the Kamoa-Kakula… Read More Here

Mining in Zambia Energy

Zambia Advances $500 Million Solar Energy Drive to Power 130,000 Homes

May 3, 2025May 3, 2025 Constance

ZESCO, Zambia’s state-owned energy utility, has announced a series of upcoming initiatives aimed at boosting renewable energy and improving national energy resilience. Central to these efforts is a Presidential Solar Directive designed to provide clean energy to 130,000 households across the country. The announcement was made on Tuesday by Charles Kaisala, a ZESCO board member and energy policy chairman for the ruling United Party for National Development (UPND), during a party event held in Lusaka. The directive, championed by the government, focuses on accelerating rooftop solar panel installations and introducing… Read More Here

Mining in Zambia Energy Events & Expos

Zambia Reinforces Commitment to Clean Energy at London Summit

April 27, 2025April 27, 2025 Constance

Zambia has reaffirmed its dedication to clean energy and sustainable development during the high-level Summit on the Future of Energy Security, currently taking place in London. Minister of Energy Makozo Chikote is leading the Zambian delegation at the two-day global event, co-hosted by the United Kingdom and the International Energy Agency (IEA). The summit brings together key ministers, investors, policy experts, and energy stakeholders to foster international cooperation in tackling emerging challenges within the energy sector, including digitalization, climate change, and the growing adoption of renewable energy technologies. Speaking on… Read More Here