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Senegal and Nigeria Deepen Energy Ties as Ministerial Visit Signals New Era of African Collaboration

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African Energy Chamber

A high-level working visit between Senegal and Nigeria is laying the groundwork for deeper cooperation in refining, gas monetization, policy development and intra-African energy trade

JOHANNESBURG, South Africa, April 2, 2026/APO Group/ –Senegal and Nigeria are strengthening bilateral energy cooperation following a high-level working visit by Senegal’s Minister of Energy Birame Soulèye Diop and representatives from national oil company (NOC) Petrosen to Abuja this week. The Senegalese delegation met with Nigeria’s Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri and the Nigerian National Petroleum Company (NNPC), with the parties committing to strengthening cooperation across various fields. The visit reflects a growing commitment by African producers to work together on refining, policy development, gas monetization and NOC collaboration – a strategy that is expected to strengthen African energy growth and industrialization.

 

Representing the voice of the African energy sector, the African Energy Chamber (AEC) has welcomed the collaboration, noting that stronger ties between African producers are critical at a time when the continent is seeking to attract investment, build infrastructure and expand intra-African energy trade. Greater cooperation between ministries and NOCs such as Petrosen and NNPC has the potential to support knowledge sharing, strengthen institutional capacity and accelerate the development of strategic projects across the oil and gas value chain, from upstream production to refining and gas commercialization. The collaboration also comes as African countries work to operationalize the Africa Energy Bank, with Senegal having already paid its capital contribution and positioning itself as an active participant in financing African energy projects.

“This is exactly the kind of collaboration Africa needs. When countries like Senegal and Nigeria work together – sharing knowledge, building infrastructure, strengthening NOCs and improving policies – we create an environment where investment can thrive and where Africa can take control of its energy future. Strong partnerships between African nations will be the foundation of energy security, industrialization and economic growth across the continent,” states NJ Ayuk, Executive Chairman, AEC.

Strong partnerships between African nations will be the foundation of energy security, industrialization and economic growth across the continent

The collaboration comes as a pivotal time for West Africa, with both Senegal and Nigeria looking at expanding their respective upstream and downstream markets. For Senegal, collaboration with Nigeria could serve as a catalyst for stronger governance structures and streamlined licensing procedures, enhancing the country’s attractiveness for foreign capital as it looks to scale production and bolster regional trade. Recent milestones have not only positioned Senegal as a producing market but demonstrated its potential for scalable investments.

Following the start of operations at the Sangomar oilfield and Greater Tortue Ahmeyim (GTA) LNG development in 2024 and 2025 respectively, Senegal has been working to scale output. Sangomar production has stabilized at around 100,000 bpd, with 36.1 million barrels generated in 2025 alone. From February 2025 to February 2026, GTA exported 24 LNG cargoes, alongside 1.6 million barrels of condensate marketed internationally.

Looking ahead, the country is looking at expanding both facilities, while advancing the development of the Yakaar-Teranga offshore project. The country is also looking at monetizing onshore resources. Petrosen has launched a $100 million exploration campaign targeting underexplored onshore basins, with goals to identify new crude discoveries by late-2026 through seismic acquisition, basin modeling and exploratory drilling programs.

Nigeria, meanwhile, remains Africa’s largest oil producer and is pursuing ambitious production targets of around 2 million bpd while simultaneously expanding its gas and refining sectors. To achieve this goal, the country rolled out a 2025 licensing round featuring 50 frontier and one deepwater block. The round targets $10 billion in investment over the next decade. In tandem, the country is re-engaging IOCs in deepwater exploration, with Chevron, ExxonMobil and Shell all advancing offshore projects. The NNPC is also pursuing an ambitious upstream drive, targeting $30 billion in investments by 2030.

Downstream, the country is looking at expanding the 650,000 bpd Dangote Refinery’s capacity to 1.4 million bpd, while the issuance of Permits to Access Flare Gas to 28 awardees in December 2025 is set to unlock $2 billion in gas investments. Cooperation with Senegal therefore aligns with Nigeria’s broader strategy of strengthening African energy markets while expanding regional trade in both crude and refined products.

The strengthening of ties between Senegal and Nigeria signals a broader shift taking place across Africa’s energy sector, where collaboration – rather than competition – is increasingly being seen as the key to unlocking investment, developing infrastructure and ensuring long-term energy security. By working together on refining, gas monetization, policy development and energy financing, Senegal and Nigeria are helping to set a precedent for how African energy markets can grow stronger through partnership, integration and shared strategic objectives.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

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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