Latest Angola News

Island Pharmaceuticals has marked a major step forward in its antiviral program with the start of GMP manufacturing for Galidesivir, expanded USAMRIID collaboration, and FDA orphan drug designation. Regulatory approvals for compassionate use in Uganda’s Ebola outbreak and a new dose optimisation study with Texas Biomed further de-risk the pathway to approval.

Connected Minerals has secured shareholder and regulatory approvals to acquire Frontier Group, gaining an 80% stake in Angola’s Bailundo Carbonatite Project with expanded mineral rights including niobium and rare earths. Completion is imminent as exploration activities ramp up.

Red Sky Energy has kicked off site works for a Santos-operated drilling campaign at the Innamincka Dome, secured $5.1 million in capital raising, and reported $1.045 million in production receipts for the June quarter.

Minbos Resources has cleared key shareholder hurdles to secure a US$5 million loan from Banco de Fomento Angola, aiming to complement existing project finance and accelerate its Cabinda Phosphate Fertilizer Plant development.

Minbos Resources has secured A$4 million in a discounted placement to fund key milestones at its Cabinda Phosphate Project, including mining commencement and plant construction progress.

Connected Minerals is set to acquire Frontier Group, gaining control of an 80% stake in the high-grade Bailundo carbonatite project in Angola, backed by a $4.5 million capital raise and planned drilling.

Island Pharmaceuticals has secured a critical collaboration with Texas Biomedical Research Institute to advance dose optimisation for its antiviral Galidesivir, targeting Marburg Virus Disease under the FDA Animal Rule. This second phase complements ongoing USAMRIID efforts and aims to de-risk pivotal study design with data from 32 non-human primates.

Tyranna Resources has secured $1.075 million through a discounted share placement and options, aiming to fund exploration and working capital for its Angola projects, including the Chinguar Gold Project.

Tyranna Resources is divesting its Namibe Lithium and Caesium Project in Angola to Sinomine Resource for US$1.44 million, redirecting capital to its newly acquired Chinguar Gold Project.

Minbos Resources has secured a US$13.8 million Phase 2 construction contract with Grupo Arliz, marking a pivotal step toward completing its Cabinda Phosphate Fertilizer Plant in Angola. With key equipment already on site and funding in place, the project moves closer to operational readiness.

Minbos Resources has drawn down the first US$4.8 million from its US$16 million loan facility with South Africa’s IDC, marking a key step forward for the Cabinda Phosphate Fertilizer Plant. The company has initiated orders for critical equipment and completed Phase-1 construction, with Phase-2 contracts expected soon.

Island Pharmaceuticals has expanded its partnership with USAMRIID to conduct a pivotal Galidesivir dose optimisation study against Marburg virus, targeting topline results in the second half of 2026.