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Toronto Stock Exchange (TSX)- and London AIM-listed Mkango Resources is planning three solar PV plants at its Songwe Hill mine. The $311m rare earths project has an estimated 18-year life-of-mine.

Malawi
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Project bulletin

Sekaname Proprietary and state utility Botswana Power Corporation (BPC) have signed a power purchase agreement (PPA) for the development of a pilot Sekaname coal bed methane (CBM) plant. Authorities in Botswana, which has been undertaking CBM prospecting for many years, see the commercial production of gas as a step towards the country transitioning from coal-dependent generation to a new energy mix that include gas, solar and wind.

Botswana
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Australian junior AVZ is fighting on several fronts to keep its Manono lithium project on track. Development has been delayed by disputes with AVZ’s own shareholders and the Democratic Republic of Congo’s government. The Perth-headquartered junior has, however, received an ICC emergency ruling in its favour, writes François Misser.

DR Congo
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The Zambian government has said it will abandon the current 30-day pricing cycle for petroleum products and instead move to a 90-day review period, reversing a policy that was set late last year. However, the Energy Regulation Board (ERB) has told African Energy that changing the price review mechanism cannot happen “overnight” and a number of issues need to be assessed before the current 30-day cycle can be discarded.

Zambia
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Privately-owned indie Perenco has long been a significant upstream player in west and central Africa and it is now extending its position with new discoveries and plans to increase production in Chad, Republic of Congo and elsewhere, as its general manager Benoît de la Fouchardiere tells African Energy.

Cameroon | DR Congo | Chad | Congo Brazzaville | Gabon
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Organisers made big claims about investment flows at the AfDB-backed Africa Investment Forum 2023 Market Days event in Morocco, James Gavin reports from Marrakech.

Morocco
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Houston-based Murphy Oil has said it will sell some non-core assets in North America to fund work on the Paon discovery in Block CI-103, one of five Côte d’Ivoire offshore blocks it picked up in June 2023.

Côte d'Ivoire
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Australian Securities Exchange (ASX)-listed AuKing Mining has raised $1.25m to fund drilling at the Mkuju uranium project in Namtumbo district.  

Tanzania
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Dublin-headquartered investor TechMet has taken an option to invest up to $50m in London Stock Exchange-listed Rainbow Rare Earths’ Phalaborwa project in Limpopo province.

South Africa
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Afentra has secured official approval for the acquisition of stakes in two offshore blocks from the state-owned oil company Sonangol. The UK independent said it was now working with Sonangol to finalise the formal completion of the deal.

Angola
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Canada’s Tantalex Lithium Resources has concluded a lithium marketing offtake agreement with Glencore and secured $5m in convertible loans from the Swiss commodities giant.

DR Congo
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Global Atomic Corporation (GAC), developer of the greenfield Dasa uranium mine, said on 10 November the United States government had “expressed support for project financing to proceed”.

Niger
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London AIM-listed Arc Minerals has finalised its Domes region copper joint venture (JV) with mining major Anglo American – the latter’s first new Zambian investment in two decades.

Zambia
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London AIM- and Australian Securities Exchange (ASX)-listed Atlantic Lithium has been granted two new prospecting licences near its existing Ewoyaa acreage, where it is developing a spodumene pegmatite mine and ore processing plant.

Ghana
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The 1,982km Niger-Benin export pipeline (NBEP) has been nominally commissioned by Niger’s Prime Minister Ali Mahaman Lamine Zeine, although in reality it will be some months before any crude oil is exported along the route.

Benin | Niger