TotalEnergies Says Its Namibian Oil Decision Cannot Wait
The Venus oil project in Namibia needs a decision before 2027, TotalEnergies says, warning contractor tenders will expire or cost...
August 26, 2026Section
Southern Africa
Southern Africa – South Africa, Angola, Zambia, Zimbabwe, Mozambique and Botswana – anchors the continent’s deepest capital markets and its richest seams of platinum, copper, gold, diamonds and gas. The Rio Times follows the rand, the Johannesburg market, mining and energy deals, and the South Atlantic ties that increasingly link the region to Brazil and Latin America. This hub collects our daily Southern Africa coverage for investors and expats.
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Angola Awards US$492.89 Million Dam Deal to Its Own Lender
Angola awarded a US$492.89 million Capanda dam contract without tender to a consortium including Gemcorp, which also provides the credit...
August 26, 2026
Mozambique Spent a Third of Its Gas Money, Zero on the Hospital
Mozambique spent just 37.37% of the budget funded by Rovuma gas revenues in the first half of 2026, and a...
August 26, 2026
Mozambique Halved the Card Limit Abroad and Made It Permanent
The Mozambique card payment limit fell from six million to three million meticais a year on 28 July 2026, and...
August 25, 2026
Angola’s Deficit More Than Quadrupled While Oil Prices Were Rising
The Angola fiscal deficit widened 326% to 3,943.8 billion kwanzas in the first half of 2026, about US$4.3 billion, even...
August 25, 2026
MTN Is Growing Fast in Nigeria and Ghana, and Barely at All at Home
MTN half-year results to 30 June 2026: adjusted earnings up 21.3%, Nigeria and Ghana growing fast, and South African service...
August 25, 2026
ANC Campaigns on Power and Water It Has Not Fixed
South Africa votes on 4 November. The governing party is running on services it has not delivered, while municipalities owe...
August 24, 2026
South Africa Has Wind But No Wires to Carry It
South Africa's gazetted energy plan needs 14,500 km of new power lines and R2.2 trillion, about US$137 billion, of investment...
August 24, 2026
Namibia Approved an Oil Local-Content Policy That Binds Nobody Yet
The Namibia local content policy for oil was approved on 4 August 2026. It has not been gazetted, so for...
August 23, 2026