Africa in BusinessAfrica in Business

Botswana in talks with Angola, to acquire a roughly 30% stake in the 6.6 billion dollar Lobito refinery project

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Botswana is reportedly in discussions with Angola, to acquire a roughly 30% stake in the 6.6 billion dollar Lobito refinery project, which is still under construction. The move is part of Gaborone's strategy to secure long-term fuel supply amid growing concerns over energy security. The talks come as global attention turns to the Strait of Hormuz, where rising tensions have raised fears of potential disruptions to international fuel supplies. Thami Ngubeni spoke to Energy Analyst, Tshepo Kgadima...

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