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Flash News

Tanzania: Mnazi Bay Mobilises Rig for Three-Well Drilling Campaign to Boost Gas Production

MOZAMBIQUE: Mozambique LNG announces the full restart of all its activities onshore and offshore

ANGOLA: Afreximbank Successfully closes $1.75B Facility for Sonangol

High-impact Wells: Africa Will Continue to Drive Global Drilling Activity in 2026

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Invictus Energy Terminates Subscription Agreement with Al Mansour Holdings

NIGERIA: Chevron Successfully Completes the Awodi-07 Appraisal and Exploration Well

MOROCCO: Sound Energy Provides Tendrara Development, Anoual Exploration Permits Operational Update

BENIN: Sèmè Field in Block 1 expected to Commence Production Next Week

LIBYA: TotalEnergies Signs the Extension of the Waha Concessions until 2050

Sunday, February 01, 2026

Tag: TIB Development Bank Limited

Wentworth Resources raises $7.6 million to finance Tanzania’s Mnazi Bay developments
Top News

Wentworth Resources raises $7.6 million to finance Tanzania’s Mnazi Bay developments

kamau June 29, 2015

Wentworth Resources has announced that it has successfully raised gross proceeds of USD 7.6 million (GBP 4.9 million, NOK 59.7 million) with institutional investors and certain Directors and members of … Read More

FirstEnergy CapitalMB-4 development wellMnazi Bay ConcessionMtwara to Dar es Salaam pipelinePrivate PlacementRPS Energy Canada LtdStifelTanzaniaTIB Development Bank LimitedWentworth Resources Comment on Wentworth Resources raises $7.6 million to finance Tanzania’s Mnazi Bay developments
Wentworth Resources gets $5.6m credit facility to finance ongoing Mnazi Bay Concession development
Top News

Wentworth Resources gets $5.6m credit facility to finance ongoing Mnazi Bay Concession development

kamau March 5, 2015

Wentworth Resources has announced that the Company has subsequently drawn an amount of $5.6 million on an existing $20 million credit facility with a Tanzania-based bank, TIB Development Bank Limited. … Read More

Mnazi Bay ConcessionTanzaniaTIB Development Bank LimitedWentworth Resources Comment on Wentworth Resources gets $5.6m credit facility to finance ongoing Mnazi Bay Concession development

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