Canacol Energy Ltd. has recently discovered a new natural gas well, Chontaduro 1, in Colombia, showing promising initial test results. The company is now gearing up to drill a second appraisal well, Chontaduro 2, to further assess the area's potential.

Chevron secures an 80% stake in Namibia's oil exploration permit, signaling its commitment to supporting the country's energy sector growth amidst recent discoveries.

Invictus Energy's discovery of a substantial natural gas reserve in Zimbabwe's Cabora Bassa project will fuel the Eureka gold mine's operations, marking a strategic move towards leveraging the region's gas potential for electricity generation and revenue generation.

Ivory Coast aims to join OPEC, signaling its energy sector's growth and transition towards becoming a net exporter, propelled by recent significant oil discoveries like "Calao."

In a landmark development for Africa's oil industry, Libya surpassed Nigeria with the continent's biggest monthly increase in oil production. February saw Libya's output jump to 1.167 million barrels per day, up by 144,000 barrels from January, significantly outpacing Nigeria's increase of 47,000 barrels per day. This surge, as reported by OPEC, positions Libya as a key player in the global oil market and underscores the shifting dynamics within Africa's oil production landscape.