Author-CEO/Programmes Director, Afrihealth Optonet Association (AHOA) – CSOs Network and Think-tank,EMAIL: druzoadirieje2015@gmail.com 1.BACKGROUND Imo State, located within Nigeria’s Niger Delta Belt of the Eastern region, is one of the country’s recognized oil-producing states. Oil exploration in Imo dates back to the late 1970s, with the discovery of petroleum deposits in areas such as Ohaji/Egbema, Oguta, Oru East, and parts of Owerri West. These communities form the state’s primary oil belt and contribute significantly to Nigeria’s crude oil and gas output. Imo State hosts several oil companies, including multinational and indigenous operators,…
Category: Mining/Oil & Gas
Chief Executive Officer (CEO) Ghanaian Gold Producer CEO to Speak at African Mining Week (AMW) 2025
Kwaku Nsiah-Asare, CEO of Ghana-based gold mining company Typhoon Greenfield Development Limited (Typhoon) will participate at the upcoming African Mining Week (AMW) – Africa’s premier gathering for mining stakeholders as a speaker,says an official statement issued in Cape Town,Teusday. Nsiah-Asare,the statement said,will feature on a panel titled Ghana’s Gold Renaissance: Refining and Innovation, Enhancing the Nation’s Golden Potential, where he is expected to spotlight Typhoon’s contribution to maintaining Ghana’s position as Africa’s top gold producer and the world’s sixth-largest. AMW serves as a premier platform for exploring the full spectrum of…
Engineers & Planners takes over Black Volta and Sankofa Gold projects
First Published: 8 September,2025 The long-dormant Black Volta and Sankofa gold projects in Ghana’s Upper West Region are set for revival after Engineers & Planners (E&P), one of West Africa’s largest indigenous mining contractors, acquired full equity in Azumah Resources Ghana Ltd and Upwest Resources Ghana Ltd. The transaction, completed with the Registrar of Companies and the Minerals Commission, transfers all issued shares of the Ghanaian beneficial owner to E&P, marking a dramatic shift in Ghana’s mining landscape. For nearly two decades, the concessions promised much but delivered little. Legal…
Africa’s Infrastructure Funding Deficit: The Role of Gold Monetization
Introduction African governments are confronted with an annual multi-billion-dollar infrastructure funding deficit that cost the continent a 2% annual reduction in its GDP growth. Adopting innovative financing solutions through domestic resource mobilization and governance reforms is therefore critical for governments balancing competing budget lines. The African Development Bank (AfDB) estimates that Africa needs $130–$170 billion annually for a robust infrastructure development. Thus, Africa faces a significant annual infrastructure funding deficit, with estimates ranging from approximately $68 billion to over $100 billion annually, This gap, it is said, stems from factors like…
The Success of rCOMSDEP Could be the Best Tribute to the Lost Lives
Editorial Comment As Ghana bade farewell to mortal remains of the rest of the six out of the eight fallen heroes last Friday, Ghanaians need to reflect soberly on this question-what was their mission that day and most unfortunately they couldn’t even reach their destination as fate had it? It was in connection with the planned official launch of the Responsible Mining & Skills Development Programme(rCOMSDEP) a government initiative intended to create sustainable jobs through responsible cooperative mining and also address the decades long devastating impact of illegal mining on…
Former Namibian Mines and Energy Minister Tom Alweendo to Speak at African Energy Week (AEW) 2025 as Country’s Offshore Oil Boom Accelerates
Tom Alweendo, Former Minister of Mines and Energy, Namibia will participate as a speaker at this year’s African Energy Week (AEW): Invest in African Energies 2025, taking place in Cape Town from September 29 to October 3 according to an official statement issued in Cape Town,Friday. Alweendo,who led Namibia’s Ministry of Mines and Energy from 2018 until March 2025 the statement said,recently launched Alvenco Advisory, a strategic consultancy aimed at assisting investors in navigating Namibia’s political, fiscal, legal and environmental regimes. The firm,the statement said,offers tailored advisory services covering policy…
Ghana Gov’t Announces Posthumous Promotions and Family Support Fund
…….. As Six (6) Out of the Eight (8) fallen Heroes Laid to Rest Report: Mohammed A. Abu Ghana’s President John Dramani Mahama announced in Accra,Friday,the posthumous promotion for the three (3) Airforce officers out of the total eight (8) victims of the recent tragic helicopter crush that hit the nation. The lates,Squadron Leader Peter Anala, was elevated to Wing Commander; Flying Officer Twum-Ampadu elevated to Flight Lieutenant; and Sergeant Ernest Addo elevated to Flight Sergeant. President Mahama also announced the creation of a Family Support Fund to take…
Strategic Alliances Propelling Egypt’s Gold Sector Growth Ahead of African Mining Week (AMW) 2025
Egypt is advancing partnerships with global investors to expand its estimated 7.3 million tons of gold reserves and production capacity an official statement has disclosed in Cape Town,Wednesday. These partnerships,the statement noted, fall under the country’s Vision 2030 strategy to increase the mining sector’s contribution to GDP from the current 1% to 5%. Amidst a target to increase gold production to 800,000 ounces by 2030, it added,the upcoming African Mining Week (AMW) – Africa’s premier gathering for mining stakeholders – will connect global stakeholders with burgeoning prospects within Egypt’s gold…
Zambia Unveils Critical Mineral Prospects and Milestones
Zambia’s Ministry of Mines and Minerals Development has outlined the vast critical mineral opportunities available across the country in a report released in collaboration with the British Geological Survey,an official statement disclosed in Cape Town,Wednesday. Covering strategic minerals such as copper, cobalt, manganese and more,the statement noted, the report underscores the instrumental role the country already plays in global supply chains. The report comes ahead of African Mining Week (AMW) – Africa’s premier gathering for mining stakeholders. Taking place October 1-3 in Cape Town, the event will feature a dedicated…
Oando Achieves 63% Production Growth, Posts ₦1.72 Trillion Revenue in H1 2025
LAGOS, Nigeria, August 1, 2025/ — Oando (www.OandoPLC.com), Africa’s leading indigenous energy solutions provider has published its unaudited results for the six months ended 30 June 2025. The company’s upstream business recorded strong production performance with a 63% year-on-year growth averaging 37,012 boepd in H1 2025. This includes crude oil production up 77% to 10,479 bopd, gas volumes up 54% to 25,399 boepd, and NGL production up 375% to 1,135 bpd. The company attributes this performance to the consolidation of the NAOC JV interest and improved uptime across key assets.…
