[The second phase of the Lesotho Highlands Water Conservancy Project started] Recently, the groundbreaking ceremony of the second phase of the Lesotho Highlands Water Conservancy Project undertaken by China was held. Lesotho King Letsie III, South African President Cyril Ramaphosa, Lesotho Prime Minister Matt Kane, and Chinese Ambassador to Lesotho Lei Kezhong attended the ceremony. King Letsie III said that after the completion of the second phase of the Gaoshui Project, it will further enhance Lesotho's water delivery capacity to South Africa, help Lesotho fully utilize its resource endowment, and benefit the people of Basotho. President Ramaphosa pointed out that this project is South Africa's largest investment project in Lesotho, which will benefit the people of the two countries and promote resource sharing and economic development between the two countries. Edit/Ma Xue

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• 2026.09.15 16:05
• [CNOOC Qatar Offshore Oil and Gas General Contracting Project starts construction]
• On September 15, 2026, the Qatar BH EPIC project of China National Offshore Oil Corporation (CNOOC) started construction in Qingdao. This is the highest international offshore oil and gas engineering general contracting project in China to date, with a total amount of approximately 4 billion US dollars. The project includes more than 60 offshore oil and gas facilities, 40 submarine pipelines and cables, and a total steel processing capacity of over 130000 tons. During the 14th Five Year Plan period, CNOOC Engineering has undertaken over 170 overseas projects, and its global competitiveness in high-end offshore engineering contracting continues to improve. Editor/Cheng Liting

• 2026.09.15 16:04
• [Dangote Refinery launches largest public IPO in Africa]
• On September 14, 2026, Nigeria's Dangote Refinery officially launched a public IPO, issuing 4.1 billion shares at 525 naira per share, fully subscribing to raise 2.15 trillion naira. The funds will be used to double the refining capacity to 1.4 million barrels per day. Previously, a $2.5 billion institutional private placement was completed in July, and the public subscription period for this time is until October 13th, with a minimum subscription threshold of 10 shares. For overseas Chinese enterprises in petrochemical equipment and engineering, they can follow up on the subsequent expansion and procurement process by combining the already established process cooperation directions. Editor/Cheng Liting