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30-10-2014 23:52:00 | by: Administrator | hits: 22988668 | Tags:

Aramco expands global venture capital programme with $4 billion funds injection
17-01-2024 | 13:22:16
It will take Aramco's overall venture capital allocation to $7.5bn, which also includes the $500 million venture capital fund Wa'ed Ventures that focuses on the start-up ecosystem in the Kingdom of Saudi Arabia.
[Column] NJ Ayuk: African oil and gas and the rest of the world: what changed in 2023?
05-12-2023 | 13:00:00
It’s undeniable that the Russian invasion of Ukraine proved highly disruptive to world energy markets. This geopolitical clash led to the imposition of Western sanctions on the export of Russian oil and fuel and the imposition of a price cap on Russian crude by the G7 group.
[Column] NJ Ayuk: Oil market predictions and what they mean for Africa
22-11-2023 | 10:15:00
The chaos certainly was felt in the oil industry, which saw record distortions during the pandemic era, especially during its first few months.
[Column] NJ Ayuk: Oil companies still have vital role to play in African energy
14-11-2023 | 13:27:11
Behind every discovery, final investment decision (FID), and first oil announcement in our continent are companies of all sizes, advancing our energy industry and bringing Africans closer to realizing the energy security and prosperity that their petroleum resources represent.
[Free Webinar] Global Payment Strategies for Shipping & Logistics: Empowering Seamless Trade
10-10-2023 | 10:35:00
Join this insightful webinar that delves into the world of global payment strategies tailored to empower seamless trade within the shipping and logistics industry.
[Free Webinar] Global Payment Strategies for Shipping & Logistics: Empowering Seamless Trade
03-10-2023 | 21:53:00
In the rapidly evolving landscape of shipping and logistics, effective cross-border payment strategies have emerged as a critical driver of success. Join this insightful webinar that delves into the world of global payment strategies.
[Column] NJ Ayuk: More progress needed in African gas exploration and development
21-09-2023 | 13:01:39
African gas consumption is slated to rise. Even as total production moves upward, commercial flows from the continent are likely to rise to about 27-28 bcf per day within the next few years and then remain at that level until the late 2030s.
[Column] NJ Ayuk: African oil and gas exploration is going strong
05-09-2023 | 13:36:00
Despite the call heard 'round the world commanding the global business community to divest from fossil fuels and shrink their carbon footprints in the name of net zero, international oil companies (IOCs) still recognize Africa as their next frontier.
[Column] NJ Ayuk: Nigeria must fully implement the petroleum industry Act
26-07-2023 | 13:59:10
Nearly two years from its passage into law, implementation of the PIA and its initiatives has been slow for numerous reasons, but not without progress, and signals from Nigeria’s new administration indicate that these conditions will not remain the status quo.
[Column] NJ Ayuk: The promise of Angola’s growing natural gas industry with a ready-made market
06-07-2023 | 13:45:30
From exploration to production and export, the Angolan oil and natural gas industry is bustling with new initiatives. This past year alone, international oil companies and the Angolan government partnered to award numerous regional operators with service contracts.
[Column] Wayne Glossop: Gas power solutions for South Africa
05-07-2023 | 14:12:37
While to date our society has been heavily reliant on coal, it's not able to keep pace with the energy and environmental aspirations of the nation currently.
[Column] NJ Ayuk: Natural gas represents tremendous opportunities for Africa — we must seize them now
29-06-2023 | 08:30:00
For Africa to move forward and grow its natural gas output, a two-pronged approach is required: Gas producers must continue to pump from existing fields while countries with new discoveries must get these undeveloped projects to the final investment decision (FID) stage as quickly as possible.
[Column] Gawie Kanjemba: The state of play of African oil and gas
17-05-2023 | 10:23:58
Historically, oil and gas projects are known to experience delays ranging from 5% to 20% of the project duration owing to project complexity, significant capital requirements and the multi-faceted nature of developments.
[Column] NJ Ayuk: The outlook for African oil in 2023 is promising
04-05-2023 | 12:30:54
Several years ago, the African energy industry was in survival mode. The COVID-19 pandemic had practically eliminated demand for crude oil, and African exports dropped sharply.
[Column] NJ Ayuk: Natural gas is key to addressing South Africa’s energy needs today and tomorrow
11-04-2023 | 13:23:23
As the country’s fleet of mostly coal-powered plants struggles to keep up with electricity demand, South Africans are enduring daily power outages that last six to 10 hours a day.
[Column] NJ Ayuk: Time to break the deadlock on TotalEnergies’ offshore gas deal
29-03-2023 | 12:27:10
There’s another complication at hand, in that South Africa’s government has pledged to reduce the power sector’s carbon emissions intensity.
[Column] NJ Ayuk: How domestic gas production can help mitigate South Africa’s energy crisis
23-03-2023 | 09:11:00
The country’s fuel and energy sector is truly in trouble, with power shortages and blackouts worse than ever before.
[Nigeria Business Week] Andrea Ayemoba: Investors bet on fintechs, startups
14-03-2023 | 14:57:02
The past couple of weeks have seen a flurry of activities in several sectors of the Nigerian economy. Startups are receiving increasing financial backing from VCs for the growith of SMEs.
[Nigeria Business Week] Andrea Ayemoba: 2022 statistics outline Nigeria's economic status quo
14-03-2023 | 14:56:53
Despite all the setbacks plaguing economies the world over, Nigeria’s GDP for 2022 is projected to be north of $500billion, the largest in Africa. All eyes are now turned to what these next 12 months could bring Africa’s largest economy.
[Column] Givemore T. Chiwanza: How has the Russia-Ukraine crisis affected Africa?
14-03-2023 | 14:56:52
This Ukraine crisis escalated on 24 February 2022 and has tremendously impacted the global socio-economic terrain. The situation has and will continue to affect the African continent's financial system and food and energy security.
[Nigeria Business Week] Andrea Ayemoba: Local fintech spreads to East Africa, oil and gas find major milestone
14-03-2023 | 14:56:47
Nigeria, like other countries of the world, is going through some economically turbulent times. Inflation is on the rise (recently pegged at 21.9%) and local startups are directly impacted by financial crises on the other side of the world.
[Nigeria Business Week] Andrea Ayemoba: Nigeria battles odds to maintain productive economy
14-03-2023 | 14:56:23
According to the International Monetary Fund, Nigeria is being pushed to the brink by inflation. Banks however, one of the pillars of the economy, have remained in good standing.
[Nigeria Business Week] Andrea Ayemoba: Gas price triggers ripple effect across industries
14-03-2023 | 14:56:20
Nigeria’s inflation as of the month of May stood at 17.71%, but economists are now predicting just a month later a new figure we can expect at the end of this year.
[Nigeria Business Week] Andrea Ayemoba: Nigeria scores big in budget transparency
14-03-2023 | 14:56:18
The infrastructure of Nigeria is such that for meaningful progress to be made, there must be give-and-take on the parts of the government and the people.
[Nigeria Business Week] Andrea Ayemoba: Government, Industries move to expand women enterprise
14-03-2023 | 14:56:16
With plunging profits in its prized sector, oil and gas, and an ever-climbing inflation, Nigeria is increasingly turning to what most of the world has been blind to – the potential of women in business.
[Nigeria Business Week] Andrea Ayemoba: Banks move into East Africa, telecom pushes NSE profit
14-03-2023 | 14:56:15
The telecom industry this week recorded a peculiar development – the massive registration of Nigerian SIM card holders.
[East Africa Business Week] Bob Koigi: West meets East
14-03-2023 | 14:56:13
West African companies have particularly been keen to expand their operations in the East African region. This has been through mergers, partnerships or takeovers.
[Nigeria Business Week] Andrea Ayemoba: Banks rally behind women-led SMEs
14-03-2023 | 14:56:13
The NNPC has an approximated value of 50 trillion naira. With oil and gas infrastructure in Nigeria constantly plagued by mischief and vandalism, an ECOWAS expert has profferred a very interesting solution to this persisting problem
[Nigeria Business Week] Andrea Ayemoba: Clean energy gets funding amid inflation and trade deficits
14-03-2023 | 14:56:11
Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance.
[Nigeria Business Week] Andrea Ayemoba: Digitization set to penetrate capital market, investment
14-03-2023 | 14:56:09
Given the economic situation spreading across the globe in the last couple of years, it is with some optimism we can take the modest increase in Nigeria’s GDP.
[Nigeria Business Week] Andrea Ayemoba: An economic overview for Q1
14-03-2023 | 14:56:06
As we have seen over time, when one sectors hits a low point, another is seen hitting high notes. Such is the situation as we’ve seen it lately.
[Nigeria Business Week] Andrea Ayemoba: FG targets unidentified sim cards, CBN targets non-compliant banks
14-03-2023 | 14:56:05
Events this week have taken an interesting turn – investors have in the last few days demonstrated a lack of confidence in the banking sector, otherwise known for its resilience in the face of economic instability.
[Nigeria Business Week] Andrea Ayemoba: Telcos break new ground, digital loans gain momentum
14-03-2023 | 14:56:05
Instant loans, sometimes called digital loans, are gaining speed in the country and the telecom sector took some giant steps forward this week.
[Nigeria Business Week] Andrea Ayemoba: Government, experts look to non-oil exports for economic recovery
14-03-2023 | 14:56:03
The math is really simple – a rise in fuel prices leads to a rise in price in everything on the market because it costs more to transport it.
[Nigeria Business Week] Andrea Ayemoba: A call for exports diversification for higher market gains
14-03-2023 | 14:56:02
Agriculturists and entrepreneurs are working harder than ever to address food sufficiency, but energy rests firmly on the government’s shoulders.
[Nigeria Business Week] Andrea Ayemoba: State to digitize tourism, FG takes on efficient mobility
14-03-2023 | 14:55:55
Banking is one of the most thriving sectors in Nigeria. The reason for this success has been attributed to the efficiency with which this industry has leveraged technology to modernize its operations.
[Nigeria Business Week] Andrea Ayemoba: Economic conditions returning to pre-pandemic levels
14-03-2023 | 14:55:54
The startup movement has picked up pace in Nigeria over the last decade, with the government and responsible agencies ramping up efforts in motivating the burgeoning industry.
[Nigeria Business Week] Andrea Ayemoba: Government, Central Bank turn focus to the startup movement
14-03-2023 | 14:55:53
There’s an ongoing comparison in Nigeria's status quo that is causing some rift – the national statistics and reports are showing a promising and stable economy, but the situation on-ground reflects a different reality.
[East Africa Business Week] Bob Koigi: Heightened oil and gas activities inspire more investments
14-03-2023 | 14:55:53
As the East African nations continue to make oil and gas discoveries, investors and multinationals are pitching tent in the region on an exploration binge with governments betting on the newfound resources to grow national and regional economies.
[Nigeria Business Week] Andrea Ayemoba: 5G becomes national security policy, industries seek sustainability in technology
14-03-2023 | 14:55:51
The one thing the current global pandemic has unilaterally effected in all nations is a rearrangement of priorities, both for people and for governments. Survival elements – food and healthcare – have taken lead position.
[Nigeria Business Week] Andrea Ayemoba: Nigeria sets course to unify industry benefits, lead Africa's 5G
14-03-2023 | 14:55:46
Following a turbulent year of stock market fluctuations, restrictions related to an ongoing pandemic and varying economic instabilities, predictions on Nigeria’s performance last year ranged from inferior to mediocre to excellent.
[Nigeria Business Week] Andrea Ayemoba: Industries unanimously look toward renewable, sustainable practices
14-03-2023 | 14:55:42
The Covid-19 crisis has been cause for numerous economic slumps round the world; companies were shut down, production halted, industries crippled and prices skyrocketed the world over.
[Nigeria Business Week] Andrea Ayemoba: A 5G promise looms, global trade predictions show winning numbers
14-03-2023 | 14:55:41
Nigeria’s tactic is one of sharpening the sectors that have shown promise (such as technology, agriculture and banking) while throwing resources at those that have been in a work-in-progress mode for years.
[Nigeria Business Week] Andrea Ayemoba: Nigeria enters green market, takes on AfCFTA implementation
14-03-2023 | 14:55:39
The collaboration of government with industries is crucial for economic progress, be the market large or small. Nigeria knows this and is taking steps to work closely and create better transparency in one of the country’s most robust industries.
[Column] Grace Goodrich: Driving deal making in Mozambique post-COVID-19
14-03-2023 | 14:55:18
While overall transactions dropped by eight percent in sub-Saharan Africa in 2020, in Mozambique, the number of transactions rose, with 12 deals reported compared to only four deals in 2019, according to a Baker McKenzie analysis.
[Column] Neil Ford: South Sudan government bets on marketing to bolster oil reforms
14-03-2023 | 14:55:01
The government of South Sudan is seeking to greatly change the way it markets its oil in order to boost revenues and make the process more transparent.
Mauritius oil spill puts spotlight on ship pollution
14-03-2023 | 14:55:01
Often close to world shipping lanes, small island and coastal nations are at particular risk from oil spills.
[Column] C. Derek Campbell: Stakeholders engagement and security will be key to ensure success of Mozambique’s LNG projects
14-03-2023 | 14:54:59
The scale and enormous economic potential of Mozambique’s LNG projects constitutes a seminal effort with national, regional and global implications and visibility.
[Column] Leoncio Amada: Economic recovery must go through a reform of forex regulations in Central Africa
14-03-2023 | 14:54:59
The health and economic crisis caused by the Covid-19 pandemic is devastating the productive, economic and financial systems throughout the entire planet.
Protecting trade in Nigeria, how DFIs are responding to COVID-19
14-03-2023 | 14:54:57
With the COVID-19 pandemic continuing to devastate economies around the world, Africa is set to experience its first recession since the 1990s, threatening to undo two decades of growth and development.
[Column] NJ Ayuk: African lives matter, too; Energy Policy decisions should consider their needs
14-03-2023 | 14:54:53
As African oil and gas countries struggle with Covid-19’s devastating impact on demand, two international groups seem to be celebrating it.
Industry downturn in Angola presents opportunities for local content and marginal players
14-03-2023 | 14:54:50
With an economic recession expected at -1.4 per cent by IMF this year, Angola is expected to be less hit than its immediate neighbours or than the rest of African oil-producing countries.
[Column] NJ Ayuk: How Africa can make a comeback from the oil and gas downturn
14-03-2023 | 14:54:48
Stunning drops in crude oil prices—the result of COVID-19-related declines in demand and an oil price war between Saudi Arabia and Russia—have been taking their toll around the globe this spring.
East Africa’s oil industry: A new story in the making
14-03-2023 | 14:54:46
The recent acquisition by Total of Tullow Oil's entire interests in the Lake Albert Development Project in Uganda marks the beginning of a new chapter for East Africa's energy industry.
Most commodity prices to drop in 2020 as COVID-19 depresses demand, disrupts supply, World Bank
14-03-2023 | 14:54:45
The global economic shock of the COVID-19 pandemic has driven most commodity prices down and is expected to result in substantially lower prices over 2020, the World Bank said in its April Commodity Markets Outlook.
Should Africa consider the nuclear energy route?
14-03-2023 | 14:54:44
Despite its advancements over the years particularly in the oil, gas and power industries, it is no secret that Africa is still plagued with the very real issue of inefficient energy supply.
COVID-19 affirms urgency for trade facilitation reforms in Angola, UNCTAD
14-03-2023 | 14:54:42
The coronavirus (COVID-19) pandemic’s blow to global oil prices has re-emphasized the need for Angola to wean its economy off volatile fuel exports.
[Column] Bob Koigi: Of coronavirus crisis and the silver lining for Africa
14-03-2023 | 14:54:40
As economies take a hit from the impacts of the Coronavirus pandemic, the crisis is birthing opportunities and continues to create crucial lessons on resilience and adaptation especially in Africa.
[Column] NJ Ayuk: The Mozambique gas promise and why it epitomizes the African dream
14-03-2023 | 14:54:38
It has been almost exactly ten years since Anadarko drilled the well that would give Mozambique its first major gas find in over sixty years of mostly disappointing oil and gas exploration.
[Column] NJ Ayuk: Opportunities for African oil producers post OPEC+
14-03-2023 | 14:54:37
Sometimes it is easy to forget how interconnected human lives across the globe have become.
Offshore Network publishes Nigeria Well Intervention Forecast
14-03-2023 | 14:54:36
See how to position yourself to take advantage of an uplift in activity as the Nigerian government puts well intervention at the forefront of production plans
[Column] NJ Ayuk: We must not jeopardize Africa’s future in the name of fighting climate change
14-03-2023 | 14:54:36
Pressure is building to phase out fossil fuels in Africa to fight climate change.
[Column] NJ Ayuk: What Africa’s Future Liquefied Natural Gas producers can learn from Qatar
14-03-2023 | 14:54:30
As I got into the process of writing my recent book Billions At Play, The future of African Energy and doing deal, the story of Qatar intrigued me.
[Column] Boris Ivanov: How global energy dynamics are shaping the outlook for African exploration
14-03-2023 | 14:54:28
Africa is a continent rich in energy resources, but poor in supply. For most Africans energy is either unaffordable, unreliable or inaccessible.
[Column] NJ Ayuk: Between extortion and the sanctity of Petroleum contracts in Nigeria, DRC and Senegal
14-03-2023 | 14:54:22
Last week, a UK commercial court gave reason to a claim by engineering company P&ID, which demands over USD$9 billion from the Nigerian government over a failed gas deal.
[Column] Olagoke Aluko: Liquefied Petroleum Gas (LPG) regulations lead the way in reshaping consumer behaviour and industry in Kenya
14-03-2023 | 14:54:22
Kenya has paid a heavy price in lives lost for its slow uptake of LPG as a cooking fuel.
[Column] Mickael Vogel: Why Benin is the capital of the West Africa gas and power
14-03-2023 | 14:54:17
With a population of less than 12 million and a GDP of $10.35bn in 2018, Benin is often overshadowed by its massive neighbour, Nigeria.
[Interview] Faridah Afadameh, CEO, Ashfar Group, Ghana
14-03-2023 | 14:53:58
Faridah Afadameh is CEO of Ashfar Group, a pan African business enterprise with footprints in West Africa, East Africa and Southern Africa.
[Column] Zwelakhe Gila: Great, South Africa found gas. Now what?
14-03-2023 | 14:53:57
Coming at a time when South Africa’s policy makers are struggling to diversify the country’s energy mix, Total Exploration and Production Southern Africa recently announced a major offshore gas discovery.
Ten developments that will shape Africa’s energy sector in 2019
14-03-2023 | 14:53:44
After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the continent’s position as the world’s hottest oil and gas frontier in 2019.
[Interview] Tunde Ajala, Executive Director, Dovewell Oilfield Services, Nigeria
14-03-2023 | 14:53:43
Tunde Ajala is the founding executive director of Dovewell Oilfield Services Ltd, a Nigeria oil and gas company.
[Nigeria Business Week] Industries partner to reach common goals
14-03-2023 | 14:53:42
The sectors are revving up to keep up momentum as the 2019 opens new doors for Nigeria’s stride toward economic balance.
[Nigeria Business Week] Towards sensible investments, capital pours in from the outside
14-03-2023 | 14:53:32
For a country as populous as Nigeria, the wheels can and should not stop rotating. Supply rarely ever exceeds demand, investors are always welcome and jobs are never surplus.
[Nigeria Business Week] Calling for free-trade, efficient energy
14-03-2023 | 14:53:24
The possibility of free trade within Africa is an ongoing one, to which several African countries have pledged their support and signed their agreements. Though Nigeria has shown caution in joining The Agreement, its one champion is Aliko Dangote, Nigerian industrialist and wealthiest African.
[Column] Five roots to Central Africa’s industrialization
14-03-2023 | 14:53:22
Four years after the oil boom ended and Central African countries faced a sudden reverse in their fortunes from the strong growth of the early 2000’s.
[Interview] Joe Gakuo, CEO, Oleum Holdings, Kenya
14-03-2023 | 14:53:21
Mr. Joe Watson Gakuo is the Chief Executive Officer of Oleum Holdings Limited, and the founder of Upstream Awards.
[Nigeria Business Week] Forging bonds at new levels, China bets higher
14-03-2023 | 14:53:20
At first glance, it seems business as usual, but that could not be farther from reality. Business has never been more positive, rapid, nor disruptive.
Angola: The road to economic reform
14-03-2023 | 14:53:03
The dramatic drop in oil prices that started in mid-2014 substantially reduced tax revenues and exports, with growth coming to a halt and inflation accelerating sharply.
[Nigeria Business Week] Industries' growth encourage investments
14-03-2023 | 14:53:00
At first glance, one cannot help but notice that Nigeria is prime ground for investment. Any doubts as to that fact are dissolved when you examine the sheer number of startups being funded, especially in the ICT sector.
Africa Oil & Gas Industry Professionals wanted for the Africa Business Panel
14-03-2023 | 14:52:57
Oil & Gas are back and that means that also market research in oil & gas are back
[Nigeria Business Week] Nigeria, one economic sector after another, exits recession
14-03-2023 | 14:52:52
The Nigerian oil and gas scene remains as active as ever, with changes surfacing on an almost daily basis. Last week saw the country’s first Marine Engineering Center commence its programs of 18 month academic and field work, which will lead to a masters in Marine Engineering.
[Column] NJ Ayuk: Congo and OPEC - A marriage of mutual need
14-03-2023 | 14:52:47
The Republic of the Congo has suffered dearly during the oil collapse; and Congolese President Denis Nguesso has pledged that the country would no longer be sitting on the side lines, suffering the effects of global decision-making in the oil industry without a voice.
Nigerian Well Intervention Highlighted at OWI WCA | Accra, March 7-8
14-03-2023 | 14:52:13
As the largest producer in West Africa, Nigeria is quickly becoming a hotspot for well intervention activity
Sonangol Interview Discusses Enhanced Production in Angola
14-03-2023 | 14:52:09
With production decline a common challenge to offshore production in mature fields globally, operators in West Africa are taking advantage of innovative technical developments
[Column] NJ Ayuk: Africa must embrace carbon trading
13-03-2023 | 05:30:00
One of the most promising outcomes of the COP27 climate conference last November was the launch of the African Carbon Markets Initiative (ACMI). This African-led initiative is designed to significantly drive up the continent’s participation in voluntary carbon markets.
[Column] NJ Ayuk: Carbon capture, utilization and storage: Game-changing technology for Africa
21-02-2023 | 09:16:25
It would be difficult to exaggerate the value that carbon capture, utilization, and storage (CCUS) technology offers Africa’s oil and gas industry.
The African Energy Week announces early bird discount for delegates
02-02-2023 | 09:18:00
Delegates who purchase their pass before March 31st, 2023 will secure an exclusive early bird discount of 20%.
[Nigeria] NCDMB launches quality control and assurance labs for oil and gas
17-01-2023 | 07:58:31
Other Laboratories at the complex include Research, Development & Incubation, Crude Assay, PVT Laboratories, Well Intervention Workshop, Reservoir Office and a Library.
[EIB]:Une nouvelle étude confirme l’extraordinaire potentiel de l’Afrique dans le domaine de l’hydrogène vert
05-01-2023 | 09:45:00
La Banque européenne d’investissement, l’Alliance solaire internationale et l’Union africaine dévoilent une étude sur le potentiel de l’Afrique en matière d’hydrogène vert, avec le soutien de l’État mauritanien, d’HyDeal et de CGLU Afrique
[Column] NJ Ayuk: Africa’s upstream industry: holding steady in a turbulent oil and gas market
15-12-2022 | 06:38:43
Africa’s oil and gas industry is going to breathe new life into many African economies and will create new opportunities for every many Africans in 2023.
African Business Roundtable, Nigeria organisent un forum qui permet de récolter plus de $2 milliards d'investissements au Nigeria.
08-12-2022 | 12:38:00
L'African Business Roundtable, en partenariat avec le gouvernement fédéral du Nigeria, a accueilli le Nigeria International Partnership Forum à New York, en marge de l'Assemblée générale des Nations unies.
African Business Roundtable, Nigerian Government host forum that rakes in over $2b investments into Nigeria
05-12-2022 | 21:20:00
The African Business Roundtable in partnership with the Federal Government of Nigeria hosted the Nigeria International Partnership Forum in New York, in the sidelines of the United Nations General Assembly.
[Column] NJ Ayuk: Africa’s gas markets interconnected and in a squeeze, going into 2023
29-11-2022 | 10:56:46
We expect to see Algeria, Egypt, and Nigeria leading African gas and LNG flows to Europe. This seems like a natural progression.
African Energy Chamber announces the 2023 African Energy Week
18-11-2022 | 11:15:00
The African Energy Chamber (AEC) has announced that African Energy Week (AEW), Africa’s premier event for oil and gas sector, will return in 2023 from October 16 – 20 to drive Africa’s energy sector growth and make energy poverty history across the continent by 2030.
General Electric’s upgrade boosts power plant’s output at Nigeria’s Indorama Eleme Petrochemicals
17-11-2022 | 12:14:59
This modernization increased the turbine’s output by 5.1 Megawatts (MW), more than doubling the previously expected power output increase of 2.5 MW - and effectively bringing the cumulative power increase on all three turbines to over 10 MW.
[Column] NJ Ayuk: Could Nigeria’s oil industry be entering a new era?
06-09-2022 | 11:09:00
When Nigeria’s Petroleum Industry Act (PIA) was signed into law in August 2021, I spoke about the positive changes the law would be driving in terms of increased transparency and energy sector productivity.
[Column] Phumzile Mlambo-Ngcuka: Energy partnerships in Africa must benefit women and children through localization
19-08-2022 | 12:05:00
The upliftment of women and ensuring equality will contribute positively development and growth of countries. Diversified energy sources used together with rich energy reserves could act as a force multiplier for growth, economic upliftment, poverty reduction and improved health.
The African Business Roundtable welcomes new members to its organization
15-08-2022 | 10:30:00
Individuals and businesses join the African Business Roundtable for numerous reasons, and the organization’s objectives have been carefully designed to serve them.
[Column] NJ Ayuk: International energy companies in Angola, Nigeria illustrate importance of creating enabling environments
12-08-2022 | 08:19:00
The joint venture between the Angolan businesses of UK oil major BP and Italian multinational Eni, finalized in early August, is big news in every sense.
[Column] NJ Ayuk: The role of Algeria, Egypt and Nigeria in Africa’s search for European gas market share
05-08-2022 | 10:51:00
This search has drawn attention to a number of African gas projects that are likely to help Europe in the future, particularly as the EU looks to make a permanent shift away from dependence on Russian gas.

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