Mozambique’s long-held dreams of natural gas have got a fresh boost following an estimated $1.1 billion contract award by ExxonMobil for the Rovuma LNG Phase 1 project in Mozambique’s Cabo Delgado region. The signing of the contracts represents a big leap towards FID for the project, whose objective is to build onshore LNG facilities with […]
Cyril Ramaphosa, the President of South Africa, has said that his country will not be forced to side with any global powers, ahead of the BRICS summit in Johannesburg. On Sunday, President Cyril Ramaphosa addressed the nation. He vowed not to be drawn into a contest between global powers as he readied to host the […]
Pravin Gordhan, South Africa‘s minister for public enterprises, is staking his own credibility and that of President Cyril Ramaphosa‘s government on the creation of a new airline out of the ashes of the bankrupt national carrier. Hit by the loss of the country’s last investment-grade rating on its sovereign debt and the COVID-19 pandemic, Ramaphosa […]