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Energy Capital & Power

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    • MSGBC Conference to Spotlight Regional Infrastructure, Logistics Opportunities
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Source: Energy Capital & Power |

MSGBC Conference to Spotlight Regional Infrastructure, Logistics Opportunities

MSGBC Oil, Gas & Power 2025 will feature a panel on integrated infrastructure and logistics connecting regional resources to global markets

Major milestones across the MSGBC basin are accelerating the region’s rise as a leading African energy hub, with the Greater Tortue Ahmeyim (GTA) LNG project commencing commercial operations and Senegal’s Sangomar oilfield coming online. These achievements mark a decisive shift in the basin’s capabilities, positioning the MSGBC region as a…

Republic of South Africa: The Parliament
Source: Republic of South Africa: The Parliament |

Mineral and Petroleum Resources Committee Welcomes Significant Turnaround in Central Energy Fund’s Financial Performance

The CEF Group reported a net profit of R553 million for the year under review, representing a 194% turnaround from the previous financial year’s R552 million loss

The Portfolio Committee on Mineral and Petroleum Resources has welcomed the Central Energy Fund’s (CEF) marked improvement in financial performance for the 2024/25 financial year, following the entity’s briefing to the committee on Tuesday on its annual report. The CEF Group reported a net profit of R553 million for the…

Energy Capital & Power

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    • One Week to Go: MSGBC Conference to Unveil Next Phase of Regional Growth
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Source: Energy Capital & Power |

One Week to Go: MSGBC Conference to Unveil Next Phase of Regional Growth

MSGBC Oil, Gas & Power 2025 kicks off in one week, uniting regional leaders and investors to drive West Africa’s energy growth

With just one week to go until the MSGBC Oil, Gas & Power 2025 conference and exhibition, West Africa’s premier energy and mining conference is preparing to welcome regional and international stakeholders to Dakar. Taking place from December 8-10, 2025 at the Centre International de Conférences Abdou Diouf (CICAD), the…

Afreximbank

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    • Executives of the partnering institutions during the signing of the US$330 million Senior debt financing for Baomahun Gold Project
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Source: Afreximbank |

FG Gold, Africa Finance Corporation (AFC) and Afreximbank Achieve Financial Close on US$330 Million Senior Debt Financing for Baomahun Gold Project

This milestone unlocks one of the most significant project financing deals in the country’s history and supports Sierra Leone’s ambition to responsibly harness its mineral resources

FG Gold Limited (“FG Gold”) is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) and the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), for its Baomahun Gold Project, marking the development of Sierra Leone’s flagship…

Africa Finance Corporation (AFC)

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    • FG Gold has reached financial close and first drawdown on its US$330 million financing with AFC and Afreximbank for the Baomahun Gold Project, marking Sierra Leone’s flagship commercial gold mine (1)
    • FG Gold has reached financial close and first drawdown on its US$330 million financing with AFC and Afreximbank for the Baomahun Gold Project, marking Sierra Leone’s flagship commercial gold mine (2)
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Source: Africa Finance Corporation (AFC) |

FG Gold, Africa Finance Corporation (AFC) and Afreximbank Achieve Financial Close on US$330 Million Senior Debt Financing for Baomahun Gold Project

During operations, the mine is expected to support up to 900 direct and indirect jobs, contribute approximately 10% of national GDP, and stimulate substantial local supply chain growth

FG Gold Limited (“FG Gold”) is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) (www.AfricaFC.org) and the African Export-Import Bank (Afreximbank), for its Baomahun Gold Project, marking the development of Sierra Leone’s flagship…

United Nations Support Mission in Libya (UNSMIL)
Source: United Nations Support Mission in Libya (UNSMIL) |

United Nations (UN) and Italy review progress on clearing Misratah blast site

The blast originated from an ammunition depot located in a populated area, where unstable munitions ignited and triggered a large secondary explosion

The Deputy Special Representative of the Secretary-General and UN Resident Coordinator (DSRSG/RC) in Libya, accompanied by the Ambassador of Italy, visited Misratah on 23 November to assess efforts to remove remaining hazards from the site of the 31 August explosion. “The United Nations stand with the families and communities affected…

FG Gold Limited

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    • Baomahun Gold Project - Ongoing Construction of Process Plant
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Source: FG Gold Limited |

FG Gold, Africa Finance Corporation (AFC), and Afreximbank Achieve Financial Close on US$330 Million Senior Debt Financing for Baomahun Gold Project

During operations, the mine is expected to support up to 900 direct and indirect jobs, contribute approximately 10% of national GDP, and stimulate substantial local supply chain growth

FG Gold Limited (“FG Gold”) (https://FGGoldMining.com/) is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) and the African Export-Import Bank (Afreximbank), for its Baomahun Gold Project, marking the development of Sierra Leone’s flagship large-scale…

VUKA Group
Source: VUKA Group |

DRC Mining Week wins “Event of the Year” at the Katanga Awards

Powerful endorsement of DRC’s premier platform for mining investment and development

DRC Mining Week, organised annually by VUKA Group (https://WeAreVUKA.com/) in Lubumbashi, has been awarded “Event of the Year” at the Katanga Awards, reaffirming its status as the leading platform for mining investment, project development, and economic transformation in the Democratic Republic of the Congo. According to VUKA Group, the recognition comes at…

African Energy Chamber

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    • Gwede Mantashe, Minister of Mineral and Petroleum Resources, South Africa
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Source: African Energy Chamber |

Minister Mantashe to Speak at G20 African Energy Chamber (AEC) African Energy Investment Forum as South Africa Accelerates Resource and Energy Investment Drive

Minister Mantashe’s participation at the G20 African Energy Investment Forum comes as South Africa advances major mining, oil and gas projects

South Africa’s Minister of Mineral and Petroleum Resources Gwede Mantashe will participate as a speaker at the G20 African Energy Investment Forum in Johannesburg, hosted by the African Energy Chamber (AEC) (https://EnergyChamber.org/) on November 21. His participation comes as South Africa advances a broad portfolio of mining, oil, gas and…

Energy Capital & Power
Source: Energy Capital & Power |

Senegal’s Minister of Energy, Petroleum and Mines Invites Energy Stakeholders to MSGBC 2025

During his address, Minister Diop highlighted bp and Kosmos Energy’s Greater Tortue Ahmeyim gas projects (GTA) as a key example of cross-border partnership

Birame Souleye Diop, Minister of Energy, Petroleum and Mines of Senegal, has invited all energy stakeholders to participate in the MSGBC Oil, Gas & Power 2025 Conference and Exhibition, taking place on December 8–10 in Dakar. Speaking during a press conference on Thursday, he emphasized that the conference has become…