Afreximbank Advances Angola’s Energy Sector with $1.75 Billion Facility for Sonangol
The African Export-Import Bank, in collaboration with other lead arrangers, has finalised a $1.75 billion syndicated ...
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Tag: oil and gas
Shell Acquires Chevron’s Stakes in Angola’s Offshore Blocks
Shell has finalised an agreement to acquire Chevron’s stakes in two undeveloped ultra-deepwater offshore blocks in ...
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South Africa Overtakes Nigeria as Africa’s Largest Fuel Importer
South Africa has overtaken Nigeria as Africa’s largest importer of refined petroleum products, marking a significant ...
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SBM Offshore Secures Long-Term FPSO Contract Extension with ExxonMobil in Angola
The Netherlands-headquartered energy technology company SBM Offshore has confirmed a multi-year extension to its existing lease ...
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Equatorial Guinea to Open 2026 Oil and Gas Licensing Round in April
Equatorial Guinea has announced that it will launch its first oil and gas licensing round since ...
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GDP Growth in West Africa’s Monetary Bloc Moderates to 6.5% in Second Quarter
The West African Economic and Monetary Union (UEMOA), comprising eight member states including Benin, Burkina Faso, ...
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Azule Energy Commits $5 Billion to Angola’s Energy Future
Azule Energy, the joint venture between Eni and bp, has confirmed a $5 billion investment programme ...
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Libya’s NOC to Convene Joint U.S. Energy Forum to Stimulate Oil and Gas Investment
Libya’s National Oil Corporation (NOC) has announced plans to host a Libyan–United States energy forum designed ...
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Zenith Energy Raises $308,000 Through Warrant Exercise, Strengthening Equity Position
Zenith Energy Ltd., the international energy production and development company listed on multiple global exchanges, has ...
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Abuja to Host AFNIS 2025 as Africa Unites to Harness Local Content for Sustainable Growth
The African Natural Resources and Energy Investment Summit (AFNIS) is set to return for its fourth ...
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WHO WE ARE
The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.
