30-10-2014 23:52:00 | by: Administrator | hits: 31000357 | Tags:

Upstream mergers and acquisitions hit record level in 2022
29-09-2022 | 10:18:31
Merger and acquisition (M&A) deals across Africa’s oil and gas upstream sector in 2022 have reached a new record with $21 billion worth of deals having being announced in the past nine months, following a decline since the onset of the COVID-19 pandemic in 2020, according to a new study released by market intelligence company, Rystad Energy.
Africa Co-Guarantee Platform partners reaffirm commitment to catalyzing trade and investment
29-09-2022 | 09:40:00
Amid rising urgency for instruments to de-risk investment across Africa, the Africa Co-Guarantee Platform’s (CGP) six partners have affirmed commitments to better leverage guarantee and insurance products, resulting in more trade and investment across Africa.
MEA electric bus market to reach $1 billion by 2028, report
29-09-2022 | 09:38:01
Electric bus manufacturers are always trying to improve efficiency and increase the range of their vehicles.
La startup d’e-mobilité M Auto "devient la plus grande entreprise de véhicules électriques en Afrique"
28-09-2022 | 12:56:00
M Auto est une alternative à moindre coût aux véhicules thermiques qui est à la fois plus accessible grâce au modèle "pay as you go" ou "rent to own" (louer pour devenir propriétaire) et moins cher à long terme qu'une moto thermique
AfDB issues inaugural Green Bond in South African rand market
19-09-2022 | 15:43:00
The African Development Bank (AfDB), announced it has issued a 200 million South African rand (ZAR) 1-year Green Bond due September 2023. The bond, which pays a coupon of 6.90%, was arranged by Daiwa Capital Markets Europe.
EBRD and donors support electric transport provider in Egypt
15-09-2022 | 09:09:56
The EBRD and donors are enabling Abou Ghaly Motors (AGM), a leading transport provider in Egypt, to purchase 250 range-extended electric vehicles (REEVs) for its taxi services, in a boost for the development of the country’s e-mobility sector.
RUBiS Energy launched ULTRA TEC advanced fuel technology
08-09-2022 | 09:21:00
RUBiS Energy Rwanda has launched UltraTec advanced fuel technology, an additivized fuel that contains high-performance additives that increase power and fuel economy at no extra cost.
Scatec signs power purchase agreement at Ceremony in Gaborone, Botswana
05-09-2022 | 11:22:00
Scatec and the Botswana Power Corporation (BPC) have signed a binding 25-year power purchase agreement (PPA) for the construction of a solar PV facility with a contracted capacity of 50 megawatt at Selebi Phikwe.
Le potentiel énergétique mixte de la Mauritanie mis en évidence au salon MSGBC Oil, Gas & Power 2022
05-09-2022 | 11:13:00
Mauritanie détient le record de la plus grande production d’énergie renouvelable par habitant de tous les pays du MSGBC, avec un potentiel estimé à 457,9 GW d’énergie solaire et 47 GW d’énergie éolienne.
The President of Egypt Abdel Fattah el-Sisi meets Eni CEO Claudio Descalzi
01-09-2022 | 10:26:00
The main issues addressed were the production of natural gas and LNG export, areas in which Egypt has acquired a central role in the Mediterranean since Eni’s discovery of Zohr. The company is committed to supporting gas production increase.
Namibia and Equatorial Guinea strengthen Energy Relations
01-09-2022 | 08:50:56
A delegation led by Hon. Minister Tom Alweendo is currently in Equatorial Guinea, meeting with high-level industry executives and touring the country’s liquefied natural gas facilities.
NAMCOR to shape investment and Green Hydrogen Dialogue at AEW 2022
01-09-2022 | 08:38:57
The National Petroleum Corporation of Namibia will attend AEW 2022 as a platinum sponsor, shaping discussions around making energy poverty history on the back of oil, gas and green hydrogen.
Italian group Eni aims invest in Libyan gas output
29-08-2022 | 12:36:06
The NOC Chairman, Farhat Omar Bengdara, along with a delegation of NOC’s senior executives, met Eni’s CEO Claudio Descalzi, to discuss Eni's activity in the country and strategic projects.
Sasol posts strong financial results supported by macroeconomic environment
29-08-2022 | 09:09:19
Sasol delivered a strong set of financial results against the backdrop of increased volatility resulting from ongoing geopolitical tensions, extended COVID-19 lockdowns and global supply chain disruptions.
UNIDO and Japan taps IoT technology to improve operations at geothermal power station in Kenya
25-08-2022 | 13:33:56
The IoT project is fully aligned with the National Development Programme of the Republic of Kenya as outlined in the Kenya Vision 2030 as well as with the Sustainable Development Goals (SDGs), and especially SDG7 on affordable and clean energy as well as SDG 9 on industry, innovation, and infrastructure.
Vice-ministre russe de l’énergie discute du marché du pétrole et du gaz avec la Chambre Africaine de l’énergie
25-08-2022 | 13:24:00
La Chambre africaine de l’énergie a rencontré Pavel Sorokin, premier vice-ministre de l’énergie de la Fédération de Russie, pour discuter de la collaboration énergétique Russie-Afrique et de l’éradication de la pauvreté énergétique en Afrique d’ici 2030.
Russian Deputy Energy Minister Discusses Oil and Gas Market and Energy Transition with African Energy Chamber
25-08-2022 | 13:19:00
The African Energy Chamber met with Pavel Sorokin, First Deputy Minister of Energy of the Russian Federation, to discuss Russia-Africa energy collaboration and making energy poverty history in Africa by 2030.
Overcoming the technical challenges facing Africa’s Oil and Gas future
18-08-2022 | 17:02:00
It is an exciting time for E&P projects in Africa, but in common with global developments they face a series of challenges that need to be addressed to deliver the anticipated results
[Interview] Dr. Mima Nedelcovych, Président, AfricaGlobal Schaffer
18-08-2022 | 12:18:00
Mima Nedelcovych est fondateur et président d'AfricaGlobal Schaffer, une société de conseil stratégique spécialisée dans le développement de projets, le financement de projets, la facilitation du commerce et les partenariats public-privé dans les pays en développement, et plus particulièrement en Afrique.
[Interview] Dr. Mima Nedelcovych, Chairman, AfricaGlobal Schaffer
18-08-2022 | 11:07:00
Dr. Mima Nedelcovych is the Founder and Chairman of AfricaGlobal Schaffer, a strategic consulting firm focused on project development, project finance, trade facilitation, and public-private partnerships in developing countries, with a particular focus on Africa.
Rystad Energy becomes official partner of MSGBC Oil, Gas & Power 2022
05-08-2022 | 08:53:14
Global financiers and both public and private sector executives meet in Dakar for the MSGBC Oil, Gas & Power conference, Energy Capital & Power (ECP) is proud to announce that it has partnered with multinational energy market research firm Rystad Energy for the regionally focused event.
Eni launches Eniverse Ventures to promote a just energy transition
02-08-2022 | 11:12:35
Proprietary technologies and innovation are a strategic and competitive business lever for Eni, as well as a fundamental pillar of its strategic transformation which aims to achieve carbon neutrality by 2050, according to the principles of the United Nations 2030 Agenda and the objectives of the Paris Agreement on climate.
[Guinée] 66 millions de dollars de la Banque Africaine de Développement pour étendre l’accès à l’électricité
15-07-2022 | 11:04:00
Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé un appui financier de 66,39 millions de dollars américains en faveur de la Guinée.
[Column] Tobias Alando: Securing our future: the path to net-zero
13-07-2022 | 11:59:15
Accelerating the transition to energy efficiency and conservation is one of the surest ways of securing the future of our planet for generations to come. This is because, energy is at the heart of climate change.
Baker Hughes partners with Petrosafe to reduce emissions from flaring operations in Egypt
12-07-2022 | 12:32:29
Baker Hughes and Petrosafe, a subsidiary of the Egyptian General Petroleum Corporation (EGPC), announced a contract that will mark the first deployment of Baker Hughes’ flare.IQ technology in refinery operations in Egypt.
[East Africa Business Week] Bob Koigi: Region bets on bioeconomy to bolster growth
08-07-2022 | 13:53:33
Among the key interventions proposed in the strategy is the creation of new forms of sustainable bioenergy, and the conversion of waste materials to useful products.
Côte d'Ivoire : Projet de garantie CI-Energies
04-07-2022 | 09:15:00
La Côte d'Ivoire a reçu un prêt équivalent à 283 millions de $ de la Banque Mondiale afin d'attirer des investissements pour soutenir le passage à une énergie plus propre.
[Nigeria Business Week] Andrea Ayemoba: Gas price triggers ripple effect across industries
30-06-2022 | 13:25:00
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.
BII announces $200m investment in African hydropower alongside Norfund and Scatec
29-06-2022 | 09:56:00
The British International Investment (BII), is joining Norfund, the Norwegian Investment Fund for developing countries, in its joint venture with Scatec ASA to provide capital for Africa’s hydropower sector.
Operator-friendly policies have positioned Senegal and Mauritania natural gas industries for success
29-06-2022 | 09:51:10
After Mauritania and Senegal signed the inter-governmental cooperation agreement in 2018 that allowed partners Kosmos Energy, BP, and their partners to proceed with the deepwater Tortue natural field project in the Ahmeyim basin, Kosmos Chairman and CEO Andrew Inglis praised both countries’ leaders.
Saudi Alfanar global development to invest SAR 2bln in Egypt
27-06-2022 | 09:43:37
Saudi Alfanar global development to invest SAR 2bln in Egypt with the focus on localization of technology for renewable energy, and implementation of IT projects, digital solutions, data centers and cybersecurity
[Nigeria Business Week] Andrea Ayemoba: Nigeria scores big in budget transparency
23-06-2022 | 13:16:00
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.
[Mozambique] First gas introduced to Coral-Sul Floating Liquefied Natural Gas (FLNG)
21-06-2022 | 21:11:39
Italian energy major Eni has announced first gas to the Coral-Sul Floating Liquefied Natural Gas (FLNG) facility from the Coral South Field located in Area 4 of the Rovuma Basin offshore Mozambique.
IFC renforce son partenariat avec Sodigaz pour élargir l’accès à des solutions d’énergie propres au Burkina Faso
17-06-2022 | 12:49:00
Afin de promouvoir l'accès à des sources d'énergie plus fiables et propres au Burkina Faso, notamment dans les zones rurales, IFC a annoncé un financement en francs CFA en faveur de Sodigaz, une société leader dans le pays dans la distribution d'énergie.
[Egypt] Mitsubishi Power signs decarbonization agreement for hydrogen fuel conversion
15-06-2022 | 10:49:59
Mitsubishi Power signed a full turnkey contract with leading Egyptian O&G Company Alexandria National Refining & Petrochemicals Company (ANRPC) to provide advanced hydrogen fuel conversion technology solutions, supporting the company to achieve its decarbonization goals.
AfricArena partners with FMO to accelerate tech startups in Ghana, Morocco and Tanzania
15-06-2022 | 10:45:00
AfricArena, the African series of tech events, announced a partnership with FMO Ventures Program, the Rise Open Innovation Challenge, which focuses on accelerating the growth of startups looking to improve the state of Africa.
Sonangol looks to NNPC for downstream partnerships
03-06-2022 | 09:33:56
Angola’s national oil company (NOC) Sonangol has conveyed interest in collaborating with the Nigerian National Petroleum Corporation (NNPC) to advance Angola’s downstream sector.
MIGA issues guarantees to Azura to enable ownership transfer of CTRG power plant in Mozambique
02-06-2022 | 10:18:51
MIGA has issued guarantees to Azura CTRG Holdings of Mauritius (Azura) to cover up to $149.85 million for equity into and loans to Central Termica de Ressano Garcia (CTRG) for a period of approximately 13 years.
$25 million CCS project to be developed by Egypt and Eni
01-06-2022 | 09:21:00
The Egyptian government and Italian multinational oil and gas company, Eni, have embarked on developing a $25 million, multi-phased carbon capture and storage project that aims to dramatically reduce carbon dioxide emissions.
SONATRACH, Eni partner to accelerate the development of gas projects in Algeria
30-05-2022 | 14:26:00
SONATRACH and Eni signed a Memorandum of Understanding (MoU), aimed at accelerating the development of gas fields in Algeria and decarbonisation via green hydrogen.
IFC, Averda ink deal to support waste management in the Middle East and Africa
27-05-2022 | 08:39:00
A landmark new agreement between IFC and Averda International, one of the largest privately owned integrated waste management companies in the Middle East and Africa, is helping to bring innovative waste solutions to emerging markets in the two regions.
BAD, MASEN et RES4africa vont co-organiser un programme de formation pour les pays du Sahel
26-05-2022 | 09:58:00
La Banque africaine de développement, MASEN et RES4Africa ont convenu d'unir leurs forces dans le cadre d'un programme de formation dédié à l'énergie solaire en 2022, afin de favoriser l'adoption de l'énergie solaire dans cinq pays du Sahel.
Afreximbank signs MoU with APPO to establish an African Energy Transition Bank
22-05-2022 | 19:30:40
Afreximbank has signed an Agreement with the African Petroleum Producers Organization according to which both parties will collaborate on the establishment of an African Energy Transition Bank in support of an Africa-led energy transition strategy.
Transnational Africa Green Hydrogen alliance launched
20-05-2022 | 09:43:01
Six African countries have joined forces to launch the Africa Green Hydrogen Alliance to collectively scale-up investment and development across the continent’s burgeoning green hydrogen landscape.
[Nigeria Business Week] Andrea Ayemoba: Clean energy gets funding amid inflation and trade deficits
19-05-2022 | 12:14:00
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.
GET.invest Burundi kicks off first activities
19-05-2022 | 11:31:46
GET.invest Burund aiming to respond to the country’s need for affordable, reliable and clean access to energy services alongside its regional partners.
[Column] Kelly-Ann Mealia: South Africa advances Gas-to-Power agenda
13-05-2022 | 10:03:00
As South Africa experienced Stage 4 load-shedding last week, state-owned utility Eskom announced plans to issue a request for proposals (RFP) for the supply of gas to the Ankerlig and Gourikwa open-cycle gas turbine (OCGT) power stations in the Western Cape province.
IFC, Equity Group expand partnership to support small business lending, climate-smart projects across Eastern and Central Africa
10-05-2022 | 12:38:00
IFC and Equity Group are expanding their partnership to support the sustainable development of Africa by increasing access to financial services for small businesses and funding for green projects in six countries across Eastern and Central Africa.
African Development Bank invests in SPARK+ Africa Fund to deliver clean cooking solution
09-05-2022 | 10:07:36
The African Development Bank approved $5 million investment in the SPARK+ Africa Fund to deliver clean cooking solutions to over two million households across Africa.
African Development Bank approves $120m loan to build Malagarasi hydropower project in Tanzania
09-05-2022 | 10:07:35
The African Development Bank approved a $120 million loan to fund the construction of a 50 MW hydropower plant in Western Tanzania.
Bamboo Capital, Government of Madagascar, World Bank launch $40m energy access fund for Madagascar
09-05-2022 | 10:07:32
Bamboo Capital Partners has been appointed by the Government of Madagascar and the World Bank as the international fund manager for the Off-Grid Market Development Fund, a $40 million renewable energy access fund.
KBA, KCIC collaborate on advancing green financing in Kenya
09-05-2022 | 10:07:32
The Kenya Bankers Association (KBA) and the Kenya Climate Innovation Centre (KCIC) signed a Memorandum of Understanding aimed at advancing the green finance agenda in Kenya.
Bboxx secures $4m loan from FEI OGEF to accelerate energy access in DRC
09-05-2022 | 10:07:31
Bboxx, a next generation utility, has secured a $4 million loan from the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF), a debt fund managed by Lion’s Head Global Partners (LHGP), to accelerate Bboxx’s operations in the DRC.
Development Bank of Southern Africa launches €200m green bond
09-05-2022 | 10:07:27
The Development Bank of Southern Africa (DBSA), announced the launch of its first €200 million green bond.
West African Development Bank issues first African sustainability bond
09-05-2022 | 10:07:27
Global investors welcomed the West African Development Bank’s first bond issue with sustainable development objectives (Sustainability Bonds).
EBRD, EU and partners support green investments in Morocco
09-05-2022 | 10:07:26
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are supporting green investments by the private sector to strengthen Morocco’s economic recovery.
CDC announces joint funding to Greenlight Planet’s solar business
09-05-2022 | 10:07:12
CDC Group, UK’s development finance institution and impact investor, announced a joint commitment of $90 million in partnership with leading investors, to Greenlight Planet.
World Bank's financing to boost household access to affordable energy in Rwanda
09-05-2022 | 10:07:07
The World Bank approved $150 million in financing to improve access to modern energy for households, enterprises, and public institutions in Rwanda and to enhance the efficiency of electricity services.
DFC approves $3.6 billion of new investments in global development
09-05-2022 | 10:07:03
The U.S. International Development Finance Corporation (DFC) approved investments this quarter totaling more than $2.5 billion across nine projects that will advance development in Africa, Latin America, and emerging markets across the globe.
IFC, FMO support South Africa’s FirstRand increase access to climate financing
09-05-2022 | 10:06:43
IFC announced a loan to FirstRand Bank to enable increased financial and advisory support to energy-efficient and water-smart projects in South Africa, helping the country meet climate emission and other environmental targets.
Montauk Renewables lists on Johannesburg Stock Exchange, South Africa
09-05-2022 | 10:06:34
US based renewable energy company, Montauk Renewables, listed on the Johannesburg Stock Exchange’s (JSE) Main Board, making this the first company listing for 2021.
World Bank approves $50m grant to improve access to electricity in Sierra Leone
09-05-2022 | 10:06:34
The World Bank approved a $50 million grant from the International Development Association (IDA) to improve access to electricity in Sierra Leone and enhance institutional capacity and commercial management of the sector.
EIB invests €38.5 million in Burkina Faso's solar power projects and flood protection
09-05-2022 | 10:06:34
The European Investment Bank has confirmed EUR 38.5 million of new financial and technical support to transform renewable power generation in Burkina Faso and better protect its capital city from future flooding.
New IFC initiative helps banks in Mexico, Philippines, South Africa and Egypt scale climate finance
09-05-2022 | 10:06:29
Through a new initiative, IFC will work with financial institutions in four countries to mobilize private sector financing for climate mitigation and adaptation projects and help align financial-sector strategies with the targets of the Paris Climate Agreement.
EIB accelerates climate disaster recovery, clean energy and transport investment in Madagascar
09-05-2022 | 10:06:27
Reconstruction of road and rail links in the Madagascan capital Antananarivo will be accelerated following the disbursement of €16.4 million by the European Investment Bank.
IFC, Nedbank partner to increase green financing in South Africa
09-05-2022 | 10:06:14
IFC and Nedbank have partnered to increase financing for renewable energy projects in South Africa, helping the country transition to cleaner forms of power, reduce greenhouse gas emissions, and create jobs in the renewables sector.
DFC, Rockefeller Foundation sign MOU to invest in solutions to end energy poverty
09-05-2022 | 10:06:13
The Rockefeller Foundation and U.S. International Development Finance Corporation (DFC) signed a Memorandum of Understanding (MOU) to work to end energy poverty by promoting investment in Distributed Renewable Energy around the world.
AfDB secures $90m in new donor funds to transform the Sustainable Energy Fund for Africa
09-05-2022 | 10:06:08
The African Development Bank (AfDB) announced $90 million in new donor commitments for the Sustainable Energy Fund for Africa (SEFA).
AAIM raises $80m capital to finance sustainable infrastructure investments in sub-Saharan Africa
09-05-2022 | 10:06:04
African Infrastructure Investment Managers (AIIM), Africa infrastructure-focused private equity fund managers, has successfully completed a capital increase of $80 million for its flagship pan-African infrastructure fund, AIIF3.
AECF launches $8.5m grant to support clean energy businesses in Somalia
09-05-2022 | 10:06:00
The Africa Enterprise Challenge Fund (AECF) launched a $ 8.5 million grant facility to support adoption and diversification of renewable energy solutions in the Somalia and Somaliland.
EBRD, TAQA Arabia partner to promote private-to-private renewable energy in Egypt
09-05-2022 | 10:05:57
The European Bank for Reconstruction and Development (EBRD) is promoting the expansion of renewable energy in Egypt by supporting one of the first green private-to-private projects in the country, with an initial $4.2 million loan to TAQA PV for Solar Energy.
World Bank announces 35% finance target to support countries’ climate action
09-05-2022 | 10:05:56
The World Bank announced an ambitious target for 35% of its financing to have climate co-benefits, on average, over the next five years. It replaces an earlier target of reaching 28% by 2020, which was in place over the last 5 years.
Tanzania to produce 6,000mw from renewable energy by 2025 - President Hassan
03-05-2022 | 11:45:00
The President of Tanzania, Samia Suluhu Hassan has stated that the country has a goal of producing 6,000MW from renewable energy by 2025.
Eni partners with the Republic of Congo to increase gas production and supply
22-04-2022 | 10:41:56
The Republic of Congo and Eni signed a letter of intent in Brazzaville to increase gas production and export. 
FG, EU unveil electric motorcycles for Rural Nigeria
13-04-2022 | 12:53:00
The Federal Ministry of Power has in Lagos launched 10 electric-powered motorcycles manufactured by MAX Nigeria under its Electric Vehicle opportunities in rural and peri-urban communities in Nigeria.
[Egypt] Infrastructure and sustainability platform, Pylon, announces $19m funding round
12-04-2022 | 11:10:00
Pylon, the infrastructure management platform transforming electricity and water companies in emerging markets, announces a $19 million seed funding round.  
Eni and Sonatrach partner to increase gas supplies from Algeria through Transmed
12-04-2022 | 09:54:00
Eni and Sonatrach signed an agreement that will allow Eni to increase the quantities of gas imported through the TransMed / Enrico Mattei pipeline under the umbrella of the long term gas supply contract starting from the next autumn.
More than 60% of companies prioritize ESG in their digital transformations, report
04-04-2022 | 13:22:00
Sustainability is at the top of corporate agendas worldwide, and environmental, social, and governance (ESG) goals have become major considerations in companies’ digital transformation programs.
Eni and bp to create new independent joint venture in Angola
14-03-2022 | 08:57:51
bp and Eni have signed an agreement to form a new 50/50 independent company, Azule Energy, a bp and Eni company, through the combination of the two companies’ Angolan businesses.
EV startup BasiGo flags off first electric buses in Kenya
10-03-2022 | 06:02:00
Nairobi headquartered e-mobility startup BasiGo has today flagged off the first electric buses in the country for passenger use. 
ECOWAS bank to scale-up development in Ivory Coast
09-03-2022 | 07:51:06
ECOWAS Bank for Investment and Development (EBID) having already invested approximately $397 million in the Ivorian economy, the bank is committed to scaling-up development and further increasing funding.
[Nigeria Business Week] Andrea Ayemoba: A call for exports diversification for higher market gains
04-03-2022 | 11:28:00
Agriculturists and entrepreneurs are working harder than ever to address food sufficiency, but energy rests firmly on the government’s shoulders.
Nigeria signs natural gas MoU with Equatorial Guinea
04-03-2022 | 09:21:51
The west African oil rich nation of Nigeria signed a Memorandum of Understanding (MoU) with Equatorial Guinea at the fifth Nigeria International Energy Summit 2022.
iSAT Africa selects Clear Blue Technologies as preferred partner for smart solar off-grid power
01-03-2022 | 15:50:44
Clear Blue Technologies International Inc., the Smart Off-Grid Company, today announced that it has entered a memorandum of understanding, with iSAT Africa, an integrated communications services provider serving Africa and the Middle East.
World Bank launches new Country Partnership Framework for Ghana
24-02-2022 | 09:45:00
The World Bank has launched a new five-year Country Partnership Framework (CPF) for Ghana for 2022 - 2026. The CPF prioritizes investments in human capital, job creation, economic diversification and building a resilient health system.
Increased investment in agribusiness, energy and housing could grow Uganda’s economy, IFC - World Bank report
24-02-2022 | 09:37:00
A report published by the IFC and the World Bank found that Uganda could grow its economy, create jobs, and strengthen its trade position in East Africa by increasing private sector investment in its agribusiness, energy, and housing sectors.
Gas output from Sub-Saharan Africa set to double by 2030, driven by deepwater developments, Rystad Energy
24-02-2022 | 09:27:00
Untapped natural gas supplies in Sub-Saharan Africa are set to be unleashed this decade, with output more than doubling from 1.3 million barrels of oil equivalent per day (boepd) in 2021 to 2.7 million boepd in 2030 due to vast undeveloped deepwater resources.
Niger set to monetize massive gas reserves through Trans-Saharan Natural Gas Pipeline
22-02-2022 | 10:32:00
Enabling Europe to tap into West Africa’s abundant natural gas supplies, the Trans-Saharan Gas Pipeline is expected to boost exploration in The Republic of the Niger and expand its energy industry.
EBRD approves new country strategy for Egypt
21-02-2022 | 10:51:03
The European Bank for Reconstruction and Development (EBRD) approved its country strategy for Egypt, which focuses on three key priorities identified in cooperation with the Egyptian government.
IBM launches sustainability accelerator program for non-profits
18-02-2022 | 08:45:00
IBM announced the launch of the IBM Sustainability Accelerator, a global pro bono social impact program that applies IBM technologies and an ecosystem of experts to enhance and scale non-profit and government organization operations.
Le ministre Nigérien du Pétrole présente sa vision pour transformer l’Afrique de l’Ouest sur le pétrole et le gaz
17-02-2022 | 21:51:00
Le Ministre du Pétrole, de l'Energie et des Energies Renouvelables de la République du Niger, S.E.M. Mahamane Sani Mahamadou, appelle l'Afrique de l'Ouest à améliorer ses chaînes de valeur pétrolières, gazières et minières pour stimuler la croissance socio-économique régionale.
Les ministres régionaux signent la déclaration de Niamey et remettent le gazoduc transsaharien sur les rails
17-02-2022 | 21:43:00
Le Niger, l’Algérie et le Nigéria ont signé la “Déclaration de Niamey” lors de la troisième édition du Forum minier et pétrolier (ECOMOF) de la Communauté économique des États de l’Afrique de l’Ouest (CEDEAO).
EBRD, partners provide €25m to Crédit du Maroc to boost Morocco’s green transition
17-02-2022 | 10:18:00
The European Bank for Reconstruction and Development (EBRD), with support from the Green Climate Fund (GCF), and the European Union, is providing a financial package of up to €25 million to Crédit du Maroc to boost Morocco’s green transition.
[Kenya] Sistema.bio closes $15.6m financing to scale climate-smart clean energy technology for farmers
15-02-2022 | 10:35:00
Sistema.bio announced the close of $15.6 million Series B investment round that included a mix of equity, debt and non-dilutive capital to support the continued growth and scale of the company’s innovative waste-to-energy technology.
FEDA invests in Ecow-Gas to promote LNG distribution in West Africa
04-02-2022 | 08:36:13
Fund for Export Development in Africa (FEDA), has announced that it has invested into Ecow-Gas B.V. (Ecowgas), a Liquefied Natural Gas (LNG) distribution infrastructure platform in the West Africa region.
AfDB extends $27.39 million grant to support development of mini grid and solar PV net metering in Ghana
02-02-2022 | 08:00:00
The Board of Directors of the African Development Fund has approved a $27.39 million grant to Ghana for the development of renewable energy investments in the mini grid and net metering space.
Africa Oil announces positive amendments to its corporation facility
31-01-2022 | 09:31:55
Africa Oil Corp. is pleased to announce a number of positive amendments to its Corporate Facility.
Citi launches Sustainability-linked Supply Chain Finance program in Algeria
26-01-2022 | 14:36:00
Citi launched its first Middle East and North Africa (MENA) Sustainability-linked Supply Chain Finance (SSCF) program in Algeria.
Le Plan du gaz du Congo promet d'élargir les opportunités d'exportation et de participer au développement national
26-01-2022 | 09:12:00
Afin d'optimiser le potentiel gazier du pays et de dynamiser son secteur des hydrocarbures, le Congo a élaboré et lancé un plan de valorisation de ses réserves estimées à 10 milliards de mètres cubes de gaz naturel
Congo’s gas master plan promises to expand export opportunities and domestic development
26-01-2022 | 09:03:00
In a bid to optimize the country’s gas potential and revitalize its hydrocarbons sector, Congo has put together and launched a plan to put its estimated 10 trillion cubic feet of natural gas reserves to good use.