Nigeria and South Africa plan to boost fossil fuel production, risking their climate change pledges/in /by
Just 20 countries produce 80% of the world’s oil, gas and coal. Since 2019, researchers have released regular reports analysing how these governments plan to continue drilling and mining for fossil fuels – and how those plans diverge from the global climate goal set out in the Paris Agreement, which aims to limit temperature rise to less than 1.5°C above pre-industrial levels. The 2025 Production Gap Report found that many of these countries still plan to produce far more fossil fuels by 2030 than is safe for the climate. Scientists Emily Ghosh, Derik Broekhoff, Bathandwa Vazi and Olivier Bois von Kursk were among the co-authors of the report, which found that Nigeria and South Africa – already among the world’s largest fossil fuel producers – plan to increase fossil fuel production despite their climate commitments. <a href="https://www.bizcommunity.com/article/nigeria-and-south-africa-plan-to-boost-fossil-fuel-production-risking-their-climate-change-pledges-061105a">Read more...</a>
The Lobito Corridor and why Africa needs to think globally and act regionally/in /by
If the next generation of global industry is going to draw on Africa’s critical minerals, what scale of planning can genuinely support that opportunity? Ask Absa CIB's Shirley Webber and Stephen Seaka. <a href="https://www.bizcommunity.com/article/the-lobito-corridor-and-why-africa-needs-to-think-globally-and-act-regionally-394788a">Read more...</a>
The Lobito Corridor and why Africa needs to think globally and act regionally/in /by
<p><img src="https://biz-file.com/c/2601/799510-240x135.jpg?5" width="240" height="135" alt="Locals walk past trains parked at Lobito station, which forms part of the Benguela Railway line, in Lobito, western Angola. Image credit: Reuters" align="left"><br><span >Locals walk past trains parked at Lobito station, which forms part of the Benguela Railway line, in Lobito, western Angola. Image credit: Reuters&lt;/span><p>If the next generation of global industry is going to draw on Africa&#x2019;s critical minerals, what scale of planning can genuinely support that opportunity? Ask Absa CIB's Shirley Webber and Stephen Seaka.</p><br> <a href="https://www.bizcommunity.com/article/the-lobito-corridor-and-why-africa-needs-to-think-globally-and-act-regionally-394788a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=264683">Email</a></p><div style="clear:left"></div>
Shell buys stakes in Angolan offshore blocks from Chevron/in /by
<p><img src="https://biz-file.com/c/2601/799228-240x135.jpg?5" width="240" height="135" alt="Image credit: Reuters" align="left"><br><span >Image credit: Reuters&lt;/span><p>Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron.</p><br> <a href="https://www.bizcommunity.com/article/shell-buys-stakes-in-angolan-offshore-blocks-from-chevron-950424a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=264594">Email</a></p><div style="clear:left"></div>
Shell buys stakes in Angolan offshore blocks from Chevron/in /by
Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron. <a href="https://www.bizcommunity.com/article/shell-buys-stakes-in-angolan-offshore-blocks-from-chevron-950424a">Read more...</a>
Kenya&amp;#x2019;s tech evolution: Construction of colossal data centre underway at Tatu City/in /by
<p><img src="https://biz-file.com/c/2512/799076-240x135.jpg?7" width="240" height="135" alt="Source: Supplied. The design team at the groundbreaking ceremony: Simon Herd and Alex Sagwe, Mace YMR; Justin Orina, Airtel; Rob Woffenden, FBW; Harry Eddy, Mace YMR and Mohamed Elsayed, Meinhardt." align="left"><br><span >Source: Supplied. The design team at the groundbreaking ceremony: Simon Herd and Alex Sagwe, Mace YMR; Justin Orina, Airtel; Rob Woffenden, FBW; Harry Eddy, Mace YMR and Mohamed Elsayed, Meinhardt.&lt;/span><p>FBW Group has been appointed to help deliver East Africa&#x2019;s largest data centre, marking a major milestone for the region&#x2019;s digital infrastructure.</p><br> <a href="https://www.bizcommunity.com/article/kenyas-tech-evolution-construction-of-colossal-data-centre-underway-at-tatu-city-516060a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=264526">Email</a></p><div style="clear:left"></div>
Kenya&amp;#x2019;s tech evolution: Construction of colossal data centre underway at Tatu City/in /by
FBW Group has been appointed to help deliver East Africa’s largest data centre, marking a major milestone for the region’s digital infrastructure. <a href="https://www.bizcommunity.com/article/kenyas-tech-evolution-construction-of-colossal-data-centre-underway-at-tatu-city-516060a">Read more...</a>
Oil prices little changed as investors seek clarity on Russia-Ukraine talks/in /by
<p><img src="https://biz-file.com/c/2512/799061-240x135.jpg?2" width="240" height="135" alt="Oil prices were little changed on Tuesday following a gain of more than 2% in the previous session after Russia accused Ukraine of attacking President Vladimir Putin's residence (Image source: © 123rf )" align="left"><br><span >Oil prices were little changed on Tuesday following a gain of more than 2% in the previous session after Russia accused Ukraine of attacking President Vladimir Putin's residence (Image source: © 123rf [[www.123rf.com 123rf]])&lt;/span><p>Oil prices were little changed on Tuesday, 30 December, following a gain of more than 2% in the previous session after Russia accused Ukraine of attacking President Vladimir Putin's residence and investors sought clarity on Ukraine peace talks to gauge potential supply disruptions.</p><br> <a href="https://www.bizcommunity.com/article/oil-prices-little-changed-as-investors-seek-clarity-on-russia-ukraine-talks-061505a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=264517">Email</a></p><div style="clear:left"></div>
$5.15m funding committed to industrial-scale green ammonia project in Namibia/in /by
<p><img src="https://biz-file.com/c/2512/799040-240x135.jpg?2" width="240" height="135" alt="SDG Namibia One Fund has committed up to $5.15m to support the Zhero Molecules Walvis Bay Project, an industrial-scale green ammonia project on Namibia’s central coast.(Image source: © Mining and Energy" align="left"><br><span >SDG Namibia One Fund has committed up to $5.15m to support the Zhero Molecules Walvis Bay Project, an industrial-scale green ammonia project on Namibia’s central coast.(Image source: © Mining and Energy [[https://x.com/miningandenergy/ Mining and Energy]]&lt;/span><p>A development funding agreement between with SDG Namibia One Fund and Zhero Europe will advance the development of the Zhero Molecules Walvis Bay Project.</p><br> <a href="https://www.bizcommunity.com/article/515m-funding-committed-to-industrial-scale-green-ammonia-project-in-namibia-405989a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=264505">Email</a></p><div style="clear:left"></div>
Gold expected to continue rising in 2026/in /by
<p><img src="https://biz-file.com/c/2512/798995-240x135.jpg?6" width="240" height="135" alt="Gold has been predicted to keep rising in 2026. Pictured: Gold mining in South Africa" align="left"><br><span >Gold has been predicted to keep rising in 2026. Pictured: Gold mining in South Africa&lt;/span><p>Gold is expected to continue rising in 2026, with a base-case scenario of $4,900 per ounce, accompanied by risks to the upside.</p><br> <a href="https://www.bizcommunity.com/article/gold-expected-to-continue-rising-in-2026-950864a">Read more...</a> | <a href="https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=264454">Email</a></p><div style="clear:left"></div>