In Focus | Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

Angola, Namibia
NAMCOR buries Angolan ambitions

The state-owned Namibian oil company had negotiated its entry into several Angolan blocks in 2022. Yet these acquisitions will not go ahead due to the inertia of its board and Sonangol's unrealistic financial demands.

The New Guard
Ivory Coast, Namibia, Algeria

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

Ivory CoastDidi B, the rapper courted by presidency for the youth vote

NamibiaVictoria Sibeya, bringing Orange Basin experience to Namcor

AlgeriaKahina Melchane, the stylist to the stars striking a pose in Paris

South Africa
Sparks fly between PetroSA and Gunvor

Because of a dispute over PetroSA's considerable debts to Gunvor, the latter is refusing to deliver new cargo ships. The South African state oil company is nevertheless trying to resolve the situation.

Namibia
TotalEnergies Namibia boss on his way out

Laurent Roché's days as head of TotalEnergies Namibia are numbered. The drilling operations specialist, responsible for overseeing exploration in the Orange Basin, will be replaced by August.

Namibia
A first oil academy takes shape in Walvis Bay

An Angolan company plans to offer practical training courses starting in 2026 to prepare future workers hired on offshore platforms by oil operators working in Namibia.

Namibia
Shell and Chevron's poor results plunge industry and investors into uncertainty

Namibia's star, considered Africa's new oil Eldorado since 2022, has dimmed. Investor and operator optimism has given way to concern, though the upcoming results from Rhino Resources could quickly dispel these worries.

Spotlight | Namibia
Suspended Namcor MD Mulunga was victim of company infighting

Namibia's anti-corruption commission has detailed the circumstances which led to the suspension of the managing director of state-owned oil company Namcor in early April. It suggests that his suspension was precipitated by tensions between him and the company's board.

Inner circles | Angola
Sovereign fund dream team, unloved by Lourenço, fights for survival

The Fundo Soberano de Angola, a leftover from the dos Santos era, has lost its shine since João Lourenço came to power. The technocrats appointed in 2018 to run the fund have been forced to shrink their ambitions in the face of a drastic reduction of its portfolio and the government's patent lack of interest.