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High oil prices are now feeding through to fuel and business costs in East Africa.
South Africa's Electricity and Energy Minister Kgosientsho Ramokgopa on 7 October issued a determination that prioritises 4,600 megawatts (MW) of battery storage and 5,000 MW of gas-fired power for new public bidding rounds.
Zambia's state mining investor ZCCM-IH, which holds 20.6% of Konkola Copper Mines (KCM), has approved a $498 million plant to recover copper from tailings at Nchanga in Chingola, it said on 7 October.
Togo's power utility CEET warned of targeted power cuts from 7 to 22 October while maintenance on the West African Gas Pipeline halts gas deliveries to its thermal plants.
Oil above $100 a barrel is now hitting currencies and business activity, not only pump prices, in African fuel importers.
Cobalt hydroxide prices fell about 31% in the third quarter despite the export quotas the Democratic Republic of Congo (DR Congo) uses to restrict supply.
DR Congo's Mines Minister Louis Watum Kabamba launched an airborne geological survey programme on 6 October to map the country's mineral potential.
Sudan earned a record $2.292 billion from official gold exports in the first nine months of 2026, the state-owned Sudanese Mineral Resources Company said on 6 October.
Brent crude has traded around $100 a barrel since late September, and African fuel importers are passing the cost on to motorists.
France signed financing worth about €100 million ($117 million) with Benin on 5 October during President Romuald Wadagni's visit to the Élysée Palace.
South Africa's state utility Eskom has proposed a two-year pilot tariff for cryptocurrency miners and other flexible users that would sell surplus power about 27% below last year's average industrial price.
An International Chamber of Commerce (ICC) tribunal ruled on 30 September that Ghana's $196.5 million tax assessment on Tullow Oil did not breach the company's petroleum agreements.
Aliko Dangote and President William Ruto broke ground on 30 September on a refinery in Kenya's Lamu county designed to process 700,000 barrels of crude a day.
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