Key Highlights• Ivory Coast ends TSDAR, a petroleum tax introduced in 2018 to reduce SIR’s debt.• Government to redirect two-thirds of revenue to...
Angola seeks diverse alliances to tap $60 billion in hydrocarbon project needs
U.S. firms ExxonMobil and Chevron deepen involvement in oil...
Angola seeks diverse alliances to tap $60 billion in hydrocarbon project needs
U.S. firms ExxonMobil and Chevron deepen involvement in oil...
• Egypt to build 1.1 GW solar plant with 200 MWh battery storage in Nagaa Hammadi• $479.1 million in international funding led by BII, AfDB, and...
• Egypt to build 1.1 GW solar plant with 200 MWh battery storage in Nagaa Hammadi• $479.1 million in international funding led by BII, AfDB, and...
• Nigeria targets rise in oil production from 1.6 to 3 million barrels per day by 2030• WoodMac highlights collaboration, regulatory streamlining, and...
• Nigeria targets rise in oil production from 1.6 to 3 million barrels per day by 2030• WoodMac highlights collaboration, regulatory streamlining, and...
• Perenco to invest over $200 million in new offshore platform to reach 100,000 bpd• Eni to build logistics hub to support FLNG operations and boost...
• Perenco to invest over $200 million in new offshore platform to reach 100,000 bpd• Eni to build logistics hub to support FLNG operations and boost...
• Norfund committed $163.9 million to Africa’s renewable energy in 2024• Funded 2,065 MW of new green capacity, reaching 750,000 households• Africa...
• Norfund committed $163.9 million to Africa’s renewable energy in 2024• Funded 2,065 MW of new green capacity, reaching 750,000 households• Africa...
$40 million solar project to power 209 schools and hospitals in Eastern Zambia
Initiative part of President Hichilema’s clean energy strategy for...
$40 million solar project to power 209 schools and hospitals in Eastern Zambia
Initiative part of President Hichilema’s clean energy strategy for...
Dangote will begin selling gasoline and diesel directly to customers, bypassing middlemen
The group is launching its own logistics fleet and CNG...
Dangote will begin selling gasoline and diesel directly to customers, bypassing middlemen
The group is launching its own logistics fleet and CNG...
• New oil find in Abu Sennan yields 1,400 barrels of crude and 1 million cubic feet of gas per day• Egypt invests $1.2 billion to drill 110 wells in...
• New oil find in Abu Sennan yields 1,400 barrels of crude and 1 million cubic feet of gas per day• Egypt invests $1.2 billion to drill 110 wells in...
• CNPC and South Sudan sign plan to rehabilitate key oil blocks 1, 2, 3, 4, and 7• Output remains at 60,000–90,000 barrels/day amid ongoing export...
• CNPC and South Sudan sign plan to rehabilitate key oil blocks 1, 2, 3, 4, and 7• Output remains at 60,000–90,000 barrels/day amid ongoing export...
• Shell aims for 12 million tons of LNG output by 2030• Nigeria LNG expansion to raise capacity from 22 to 30 million tons• Shell boosts local gas supply,...
• Shell aims for 12 million tons of LNG output by 2030• Nigeria LNG expansion to raise capacity from 22 to 30 million tons• Shell boosts local gas supply,...
Tesla launches Moroccan unit with scope to sell cars, electricity, and solar tech
Company authorized to install charging stations, solar panels,...
Tesla launches Moroccan unit with scope to sell cars, electricity, and solar tech
Company authorized to install charging stations, solar panels,...
(AfDB)-Egypt's first integrated solar and battery storage plant will deliver dispatchable clean energy, enhance grid stability, and manage peak...
(AfDB)-Egypt's first integrated solar and battery storage plant will deliver dispatchable clean energy, enhance grid stability, and manage peak...
(AfDB)-The Board of Directors of the African Development Bank Group has approved a €19.6 million financing package to support the Cabeólica Phase II...
(AfDB)-The Board of Directors of the African Development Bank Group has approved a €19.6 million financing package to support the Cabeólica Phase II...
East Africa accounted for 71% of global off-grid solar kit sales in 2024
West and Central Africa saw steep declines due to inflation and currency...
East Africa accounted for 71% of global off-grid solar kit sales in 2024
West and Central Africa saw steep declines due to inflation and currency...
Solar Panda acquires Zambia’s VITALITE, expanding reach across Southern Africa
Company now serves over 450,000 households across Kenya, Senegal,...
Solar Panda acquires Zambia’s VITALITE, expanding reach across Southern Africa
Company now serves over 450,000 households across Kenya, Senegal,...
Nigeria and Vietnam to co-host renewable energy forum focused on private investment
NVCCI and VINATOKEN JSC to identify viable green energy...
Nigeria and Vietnam to co-host renewable energy forum focused on private investment
NVCCI and VINATOKEN JSC to identify viable green energy...
Egypt signs deals to import up to 290 LNG cargoes over 30 months, starting in July
Trafigura, Vitol, Shell, Saudi Aramco, and others involved in...
Egypt signs deals to import up to 290 LNG cargoes over 30 months, starting in July
Trafigura, Vitol, Shell, Saudi Aramco, and others involved in...
• Morocco unveils its first offshore wind farm, planned for 1000 MW near Essaouira• Project backed by Blue Mediterranean Partnership, with studies funded...
• Morocco unveils its first offshore wind farm, planned for 1000 MW near Essaouira• Project backed by Blue Mediterranean Partnership, with studies funded...
Africa Energy, now operator of South Africa's 11B/12B offshore block, is in talks with PetroSA to utilize its infrastructure.
The aim is to develop...
Africa Energy, now operator of South Africa's 11B/12B offshore block, is in talks with PetroSA to utilize its infrastructure.
The aim is to develop...
Petronas to lay off 5,000 staff as part of a major restructuring for future competitiveness
African operations not directly addressed, but changes...
Petronas to lay off 5,000 staff as part of a major restructuring for future competitiveness
African operations not directly addressed, but changes...
• Nigeria’s $5 billion loan from Saudi Aramco stalls due to falling oil prices• Deal tied to 100,000 barrels per day faces risk amid production...
• Nigeria’s $5 billion loan from Saudi Aramco stalls due to falling oil prices• Deal tied to 100,000 barrels per day faces risk amid production...
• Brent crude rose 1.2% to $67.85 per barrel, its highest level in seven weeks• Market optimism grows as the U.S. and China resume trade discussions...
• Brent crude rose 1.2% to $67.85 per barrel, its highest level in seven weeks• Market optimism grows as the U.S. and China resume trade discussions...
Regulatory gaps hinder electricity access for 600 million Africans
Lack of shared rules slows regional energy trade and raises project...
Regulatory gaps hinder electricity access for 600 million Africans
Lack of shared rules slows regional energy trade and raises project...
• NOA finalizes financing for 349 MW solar project, South Africa’s largest to date• Standard Bank provides innovative guarantee mechanism to accelerate...
• NOA finalizes financing for 349 MW solar project, South Africa’s largest to date• Standard Bank provides innovative guarantee mechanism to accelerate...
• African green hydrogen exports to Europe could face higher costs than projected• Study warns current models overlook country-specific investment risks•...
• African green hydrogen exports to Europe could face higher costs than projected• Study warns current models overlook country-specific investment risks•...
• Global energy investment is expected to reach a record $3.3 trillion in 2025• Nearly two-thirds will go to low-carbon technologies like solar and...
• Global energy investment is expected to reach a record $3.3 trillion in 2025• Nearly two-thirds will go to low-carbon technologies like solar and...
• CFM and SODEN secure $3 million for 76 MW cocoa biomass plant in Divo• Project to produce 550 GWh/year, cut 300,000 tons of CO₂, and aid 36,000...
• CFM and SODEN secure $3 million for 76 MW cocoa biomass plant in Divo• Project to produce 550 GWh/year, cut 300,000 tons of CO₂, and aid 36,000...
• National program targets 70,000 beneficiaries and 13.5% renewable energy share• Backed by Swiss SECO, AfDB, CIF, and Ghanaian government funding• Nearly...
• National program targets 70,000 beneficiaries and 13.5% renewable energy share• Backed by Swiss SECO, AfDB, CIF, and Ghanaian government funding• Nearly...
• Nigeria invites Vitol to support the Atlantic Africa Gas Pipeline project• Government seeks both technical expertise and financial structuring• Project...
• Nigeria invites Vitol to support the Atlantic Africa Gas Pipeline project• Government seeks both technical expertise and financial structuring• Project...
• World Bank allocates $1 billion to support the Inga 3 hydroelectric project in DR Congo• Funding includes an initial $250 million approved...
• World Bank allocates $1 billion to support the Inga 3 hydroelectric project in DR Congo• Funding includes an initial $250 million approved...
• Local producers now drive over half of Nigeria’s crude output• Renaissance plans $15 billion investment; Seplat targets 140,000 bpd• Firms face...
• Local producers now drive over half of Nigeria’s crude output• Renaissance plans $15 billion investment; Seplat targets 140,000 bpd• Firms face...
Government launches FNEE to finance electricity production and distribution
Fund may support stalled projects under national development...
Government launches FNEE to finance electricity production and distribution
Fund may support stalled projects under national development...
Two 100 MW solar plants with 33 MWh storage each planned in northern regions
Projects support 2030 target of 45% renewables in national energy...
Two 100 MW solar plants with 33 MWh storage each planned in northern regions
Projects support 2030 target of 45% renewables in national energy...
• Nigeria will deploy seven million smart meters to curb power cuts and boost electricity revenue.• The move supports a broader reform to end estimated...
• Nigeria will deploy seven million smart meters to curb power cuts and boost electricity revenue.• The move supports a broader reform to end estimated...
Sonelgaz strengthens national grid ahead of expected summer power demand
1,100 MW added to capacity along with new lines, transformers, and...
Sonelgaz strengthens national grid ahead of expected summer power demand
1,100 MW added to capacity along with new lines, transformers, and...
Live News
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Niger Nationalizes Somaïr’s Uranium Mine Amid Fallout with France’s Orano
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DR Congo to Launch SISAG Platform to Monitor Government Projects in Real Time
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Cameroon to Build $200 Million Strategic Fuel Depot in Kribi
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Comoros Launches E-Learning and EdTech Platforms to Modernize Schools
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IMF Praises Togo’s Economic Gains Amid Fragile Sub-Saharan Recovery
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Togo: IFAD Reviews the ProMIFA Project
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Cameroon Moves to Curb Reinsurance Outflows with New Local Cession Law
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Somalia Launches Its First Stock Exchange in Mogadishu
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Olam Agri Expands Soybean Program in Nigeria with 5,000 Farmers to Feed New Oil Plant
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Ivory Coast Drops Tax on Petroleum Refining
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• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...
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Egypt signs deals to import up to 290 LNG cargoes over 30 months, starting in July Trafigura,...
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This launch is a significant milestone that highlights Rwanda's ongoing digital transformation. With...
