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Azule Energy Recognized as Exploration & Production (E&P) Leader of the Year at African Energy Week (AEW) 2025 Amid Bold Exploration Drive

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Azule Energy

International energy company Azule Energy was recognized as the Exploration & Production Leader of the Year at this year’s African Energy Awards and Gala Dinner. Hosted during the African Energy Week: Invest in African Energies conference, the accolade comes as the company advances a series of ambitious exploration projects in Angola.

This year has marked a defining moment for Azule Energy in Angola as it continues to consolidate its position as a regional energy powerhouse. In August 2025, the company achieved first oil at the Agogo FPSO in Block 15/06 – one of the country’s most technically advanced offshore projects – followed by the launch of the first cargo in September. The FPSO joins the operational Ngoma facility to harness resources from the Agogo and Ndungu fields, with peak production expected to reach 175,000 barrels per day (bpd).

By advancing deepwater production and natural gas infrastructure, the company is transforming Angola’s upstream landscape

The Agogo FPSO represents the second phase of the Agogo Integrated West Hub Development, a project that underscores Angola’s commitment to sustainable, high-efficiency offshore operations. Azule Energy is now preparing for the third phase, which will include the disconnection of the Ngoma facility to optimize operating expenditure and further streamline production. With total production already surpassing 210,000 bpd, the company is on track to achieve its broader goal of 370,000 bpd through a balanced mix of exploration, development and enhanced recovery initiatives.

Beyond Agogo, Azule Energy continues to advance a robust upstream portfolio that reinforces Angola’s long-term competitiveness as a petroleum producer. In September 2025, the company signed a landmark agreement with the National Oil, Gas and Biofuels Agency (ANPG) for Block 31, located in the ultra-deepwaters of the Lower Congo Basin. The agreement consolidates four producing fields – Plutão, Saturno, Vênus and Marte – under a single development framework, extending the license to 2032. The move is expected to improve recovery rates and generate new production synergies across the basin.

Exploration remains central to Azule Energy’s growth strategy. The company plans to drill new wells in Block 15/06 in 2026, leveraging Angola’s 2024 Incremental Production Decree, which incentivizes reinvestment in mature fields. Simultaneously, Azule Energy will spud a frontier exploration well in Block 47, marking the first drilling activity in the block.

In 2025, the company also made headlines with a major gas discovery at the Gajajeira-01 well in Block 1/14, estimated to hold up to one trillion cubic feet of gas and 100 million barrels of condensate. The find strengthens Angola’s ambition to become a leading regional gas producer. Central to this vision is the New Gas Consortium, led by Azule Energy, which is spearheading Angola’s first non-associated gas development through the Quiluma & Maboqueiro project. On track for first production in 2025, the project will supply processed gas to the Angola LNG facility, enabling domestic power generation and export.

“Azule Energy represents the future of African exploration and production. Its multi-faceted approach – reinvesting in mature fields while pursuing frontier exploration – reflects a bold development strategy in Africa. By advancing deepwater production and natural gas infrastructure, the company is transforming Angola’s upstream landscape,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

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African Mining Week (AMW) to Unlock Zimbabwe’s $12B Mining Vision Through Direct Investor Partnerships

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Etu Energias

A dedicated country spotlight at African Mining Week 2026 will showcase regulatory reforms and project developments across Zimbabwe’s mining value chain

CAPE TOWN, South Africa, June 25, 2026/APO Group/ –African Mining Week 2026 – The Most Influential Mining Conference in Africa – will connect Zimbabwean regulators and mining stakeholders with global investors to advance partnerships, as the country accelerates efforts to build a $12 billion mining industry by 2030.

Taking place from October 14 – 16 in Cape Town, AMW 2026 will feature a dedicated Zimbabwe Country Spotlight, showcasing lucrative opportunities across the country’s mining value chain. The country spotlight will feature high-level panel discussions, exclusive networking sessions and project showcases, connecting global investors and service providers with senior decision-makers from the Ministry of Mines and Mining Development of Zimbabwe, the Chamber of Mines of Zimbabwe and leading mining companies operating across the country.

The spotlight comes at a pivotal moment for Zimbabwe, as the country seeks fresh capital to unlock value from more than 60 known mineral occurrences spanning gold, lithium, platinum group metals, chrome, coal and rare earths.

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In a major move to improve investment competitiveness, Zimbabwe reduced mining-related license and permit fees in May 2026, lowering operational costs for investors while streamlining market participation. Registration fees for dealing in precious stones have been reduced from $15,000 to $10,000, while export permit fees have been cut from $1,875 to $500. New licensing categories – including permits for gold jewellery manufacturing and lithium processing plants – have also been introduced as part of a broader strategy to promote investments across in-country value addition projects. The reduction in fees for beneficiation projects follows the April 2026 introduction of export quotas for lithium concentrates ahead of a planned 2027 ban on concentrate exports. The shift is already reshaping the country’s lithium industry, with Zhejiang Huayou Cobalt achieving Zimbabwe’s first export shipment of lithium sulphate salts in April 2026.

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Coming into this picture, AMW 2026’s Zimbabwe Country Spotlight will provide investors with direct insights into these evolving regulatory frameworks, highlighting emerging investment and partnership prospects in lithium processing and across the mining value chain.

Zimbabwe’s gold sector is also positioned for renewed growth amid sustained high global gold prices (averaging $5,000 per ounce). In line with this momentum, Zimbabwe’s sovereign wealth fund, Mutapa Investment Fund, is seeking $250 million to expand gold mining operations. Against this backdrop, AMW 2026 offers a timely platform for investors to engage with one of Africa’s most prospective brownfield gold markets and explore opportunities across exploration, mine expansion and processing infrastructure.

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AMW 2026’s strong emphasis on artisanal and small-scale mining (ASM) formalization also aligns closely with Zimbabwe’s national mining development strategy. In May 2026, Zimbabwe certified 300 small-scale miners following completion of training programs safety, compliance and productivity. Supported by funding from Mutapa Gold Resources – a subsidiary of Mutapa Investment Fund – the initiative aims to train and formalize 1,500 ASM players.

 

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As the official platform where Africa’s mining opportunities are discussed and maximized, AMW 2026 will provide stakeholders with market intelligence on Zimbabwe’s evolving mining landscape and investment outlook.

Distributed by APO Group on behalf of Energy Capital & Power.

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Nigeria Accelerates $750B Mining Vision Ahead of African Mining Week (AMW) 2026

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Etu Energias

African Mining Week will showcase opportunities within Nigeria’s mining value chain as the country seeks capital to unlock its $750 billion worth of untapped mineral deposits

CAPE TOWN, South Africa, June 24, 2026/APO Group/ –Nigeria’s mining sector is entering a new phase of growth as regulatory reforms, downstream investments and international partnerships strengthen investor confidence in one of Africa’s largest untapped mineral markets. The country’s solid minerals sector has secured approximately $3 billion in investments over the past three years, reflecting growing investor confidence as the West African nation seeks to bridge the financing gap hindering large-scale mining development.

 

The investment milestone comes as Nigeria deepens engagement with investors to unlock its estimated $750 billion in untapped mineral resources. The country is targeting an increase in mining’s contribution to GDP to 10%, creating lucrative investment opportunities for global mining industry players.

These developments come as African Mining Week (AMW) 2026 – Africa’s Most Influential Mining Conference, taking place in Cape Town from October 14-16 – prepares to showcase Nigeria’s expanding project pipeline and investment opportunities. Through dedicated country sessions, project showcases and executive networking, the event will connect international investors with Nigerian policymakers, mining companies and service providers driving the country’s mining transformation.

Nigeria’s expanding investment pipeline is a testament to its drive to strengthen partnerships. In June 2026, indigenous company Romulus Mining announced plans to increase investments across its gold and lithium portfolio from approximately $50 million to $150 million over the next three years, underscoring growing private sector confidence in the country’s mining outlook.

A partnership deal signed with Turkey in May 2026 is expected to support cooperation in geological exploration, mining technologies, digitalization and capacity building, while creating new opportunities for Turkish investment and technical expertise across Nigeria’s mining value chain.

Meanwhile, the advancement of several downstream projects – including a $600 million lithium processing facility in Nasarawa State and a $200 million lithium processing plant in Abuja – underscores Nigeria’s commitment to boosting mineral production and supporting industrialization.

Amid these developments, AMW 2026 provides a timely platform for investors seeking to capitalize on one of Africa’s most promising mining markets. The event will facilitate strategic partnerships that support exploration, mineral processing and long-term industry growth, reinforcing Nigeria’s ambition to develop a $1 billion economy by 2030 on the back of its mining industry.

Distributed by APO Group on behalf of Energy Capital & Power.

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Uganda’s $500B Growth Ambition Puts Mining Reform and Critical Minerals in Focus at African Mining Week (AMW) 2026

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Etu Energias

African Mining Week will connect Ugandan stakeholders with global investors, fostering discussions on the future of mining in the East African country

CAPE TOWN, South Africa, June 24, 2026/APO Group/ –As Uganda accelerates its Ten-Fold Growth Strategy aimed at expanding its economy from $59.3 billion to $500 billion by 2040, the African Mining Week (AMW) 2026 conference will serve as a key platform to connect the country’s mining sector with global capital and technical partners.

 

AMW 2026 – scheduled for October 14-16 in Cape Town – will feature a dedicated Uganda Country Spotlight, showcasing emerging investment opportunities across the mining value chain as well as ongoing regulatory reforms designed to improve the country’s investment climate.

AMW comes as a critical time for Uganda as the country advances its Mining and Minerals (Amendment) Bill 2026 to improve investor protections, licensing efficiency, local content participation and the mining sector’s contribution to GDP. The country spotlight offers a platform for Ugandan authorities to pitch global investors on streamlined licensing, new incentives and emerging investment prospects.

Uganda is also finalizing preparations for its 2026/2027 oil and mineral exploration licensing round, designed to unlock new greenfield opportunities across the critical mineral sector. AMW will highlight emerging investment opportunities in cobalt, copper, iron ore, graphite, and rare earths as Uganda prioritizes critical minerals to achieve 8% annual economic growth through 2030.

In the gold sector, Uganda is advancing formalization and industrialization initiatives, integrating artisanal and small-scale miners (ASGM) – who account for 90% of gold production – into the formal economy. The launch of three-year Domestic Gold Purchase Program and the commissioning of the Wagagai Gold Project and refinery reinforces Uganda’s strategy to boost local value addition and strengthen its gold industry ecosystem.

The Uganda Country Spotlight at AMW 2026 will convene regulators, project developers, mining companies, financiers and global service providers to shape the future trajectory of Uganda’s mining sector.

Distributed by APO Group on behalf of Energy Capital & Power.

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