Vivo Energy, the pan-African retailer and distributor of Shell and Engen-branded fuels and lubricants, has agreed to form a non-fuel joint venture to accelerate the roll-out of KFC restaurants in Kenya, Uganda and Rwanda.
Anadarko Petroleum Corporation and the co-venturers in Mozambique's Offshore Area 1 have announced a Final Investment Decision (FID) on the Anadarko-led Area 1 Mozambique LNG project.
The Nigeria Debt Management Office (DMO) has announced the results of its second Sovereign Green Bond offering (the “Offer”) for N15 billion.
As Joule Africa enters the final stages in developing the Bumbuna II 143 MW hydropower project in Sierra Leone, DBSA has committed US$4.9 million to finance remaining project development activities.
Implementation of Africa’s first independent power producer floating solar photovoltaic (FPV) project is continuing in the Seychelles.
Russian oil and gas company Lukoil has concluded an agreement with New Age M12 Holdings to acquire a 25% interest in the Marine XII license in the Republic of Congo for $800 million in cash.
The Overseas Private Investment Corporation (OPIC), approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in Egypt through the development of critical power infrastructure.
The Kenyan government has launched a $47 million facility) aimed at spurring the private sector to provide viable solar and clean cooking solutions to about 1.1 million people.
Eni and Sonangol have signed the Heads of Agreement for the incorporation of Solenova Ltd, a joint controlled company set up to assess and develop renewable energy opportunities in Angola.
[South Africa] Sasol achieves beneficial operation of second Lake Charles chemicals project production facility
Sasol, an integrated energy and chemical company based in South Africa, announced beneficial operation of its new ethylene oxide (EO) production facility at its Lake Charles Chemicals Project (LCCP) in the US.
BP has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company.
Distributed Power Africa, a subsidiary of Econet Wireless Global, and EDF, a world leading electricity company, have partnered to jointly develop Commercial and Industrial, and hybrid energy solutions to the African market.
Greenlight Planet has released the latest addition to its Sun King Home 400 series, this time with a 24-inch solar powered television.
Boreal Light has completed the installation of a water desalination system to Yemen as well as the furthering growth of its WaterKiosk Project in Africa.
[Ghana] National Lottery Authority partners with Nation Builders Corps to train youth on solar panels installation
Ghana’s National Lottery Authority (NLA) has joined forces with the Nation Builders Corps (NABCo) Secretariat to train graduates under the Solar Panels Installation and Maintenance project.
The U.S. Trade and Development Agency has awarded a feasibility study grant to OnePower Lesotho Limited to develop a 20-megawatt (MW) solar photovoltaic power plant in western Lesotho.
Wilhelmina Diop is investing her skills in Renewable Energy and Sustainable Development into providing rural communities in Ethiopia with affordable access to power, through the startup company, HelloSolar.
Distributed Power Africa and EDF a global electricity company, have signed an agreement to jointly develop Commercial and Industrial (C&I) and hybrid energy solutions to the African market.
[Ethiopia] African Development Bank's Sustainable Energy Fund approves $995,000 grant to spur renewable investments
The Sustainable Energy Fund for Africa has approved a $995,000 grant to support the roll out of a sustainable procurement framework for Independent Power Producers (IPPs) in Ethiopia.
The ongoing Assa North/Ohaji South gas development project in Imo State, southeast Nigeria, will produce 600 million standard cubic feet of gas per day, energy equivalent of about 2400 Megawatts.
BBOXX, a provider of off-grid solar home solutions for rural communities in Africa has entered into an agreement with Victron Energy to provide solar solutions to households across Democratic Republic of Congo.
[Tanzania] UNIDO partners with TIB Development Bank to bring clean cooking solutions to half a million households in Dar es Salaam
The United Nations Industrial Development Organization facilitated an agreement between the TIB Development Bank to roll-out 110,000 bioethanol cook stoves in Dar es Salaam.
International Energy Agency publishes new review of Morocco’s energy policies, lauds legal and fiscal reforms
The International Energy Agency has released the latest in-depth review of Morocco’s energy policies, welcoming the institutional, legal and fiscal reforms.
Total announces that it has reached a binding agreement with Occidental to acquire Anadarko’s assets in Africa for a consideration of $ 8.8 billion.
Eni has inaugurated in Tataouine, in the south of Tunisia, the construction site for a photovoltaic plant with an installed capacity of 10 MW.
More than £52 million of UK funding has been raised for solar power plant, creating up to 250 jobs in Kenya; £11 million investment by British business De La Rue to produce high-tech identity cards.
The UK-funded Energy Security and Resource Efficiency in Somaliland (ESRES) programme is giving more people across Somaliland access to affordable, clean and renewable energy.
The United Nations Industrial Development Organization (UNIDO) and the Africa Enterprise Challenge Fund (AECF) signed a memorandum of understanding to promote inclusive and sustainable industrial development in Africa.
A South African delegation from the steel and fabrication, engineering and services, electro technical and services, and oil and gas sectors are set to showcase their capabilities at the Offshore Technology Conference in the USA.
Mobisol GmbH, the pioneer in solar-home systems for rural electrification with headquarters in Berlin, had to recently file for insolvency – technically speaking preliminary insolvency proceedings under self-administration.
TIB Development Bank, and SNV have signed a Memorandum of Understanding with an aim of developing a market for solar products using Results-Based Financing (RBF) in Tanzania's rural lake and central zones.
GE Power has announced the completion of Advanced Gas Path (AGP) upgrades on four 9E gas turbines at East Delta Electricity Production Company’s 1.5 gigawatts West Damietta Power Plant in Lower Egypt.
The African Legal Support Facility has provided advisory services support to the Government of Rwanda for the negotiation of its deal with Symbion Power to develop a $200-million-dollar energy plant in Rwanda.
Acumen, a non-profit organisation that invests philanthropic capital in companies and leaders tackling poverty, has announced an approximately $70m close of the for-profit fund, KawiSafi Ventures.
The Egyptian Electricity Transmission Company (EETC) and the International Finance Corporation (IFC) have signed an agreement to set up a 700 megawatt solar power station in west of the Nile.
Vivo Energy Uganda has officially handed over a Fuel and Lubricants Management System to its commercial customers Markh Investments in Ntinda and Q3 Holdings in Bweyogerere.
The Sahara Group and UNDP are joining forces to promote reliable access to affordable and sustainable energy across Africa.
Arab Organization for Industrialization inks contract to establish $8 million solar energy station in Eritrea
Arab Organization for Industrialization as signed a contract to establish a solar energy station in Eritrea with a total cost of $8 million.
The first tranche of the 400MW Benban solar power plant project in Egypt - 65 MW – has been connected to the grid and officially entered commercial operations.
Akon Lighting partners with Group A MondoBrain to provide accurate and sustainable energy solutions in Africa
Akon has announced the signing of a formal partnership between Akon Lighting America (ALA) and Artificial Intelligence-solutions provider, Group A MondoBrain.
Kenya’s largest grower of rose flowers, Oserian Development company, has been recognized as the renewable energy champion further boosting its goal of creating a carbon-free environment by 2020.
Rendeavour has installed its first solar power plant in Kenya, as part of a 30 MW strategy for Tatu City, the company's new city development in Nairobi.
Daystar Power has closed a $10 million investment with Verod Capital Management and Persistent Energy Capital LLC to accelerate its expansion across West Africa.
Aker Energy has pledged $4.5 million in support for the Accelerated Oil and Gas Capacity-Building (AOGC) programme in Ghana.
In line with its mandate of mobilizing resources for infrastructure and sustainable development projects, the New Development Bank (NDB) is ramping up operations in South Africa and strengthening its project pipeline in the country.
[South Africa] New Development Bank outlines ambitious plans to boost loans, increase investment impact
The New Development Bank plans to almost double its loan book to USD 16 billion this year and increase its impact, as it seeks to broaden its global development partnerships.
Vivo Energy Morocco and Butagaz brand Liquefied Petroleum Gas have announced the launch of the new generation of Shell fuels.
The refurbishment of the old Saint Louis power station by the African Development Bank (AfDB) has brought a breath of fresh air to those working at and living in the north west of Mauritius.
Chariot Oil & Gas has announced that it has been awarded a 75% interest and operatorship of the Lixus Offshore Licence in Morocco.
Total has started up production on Kaombo Sul, the second Floating Production Storage and Offloading (FPSO) unit of the Kaombo project, located on Block 32, 260 kilometers off the coast of Luanda, Angola.
IFC announced a joint effort with Egypt’s Ministry of Petroleum and Mineral Resources that aims to support Egypt in becoming a regional energy hub for Eastern Mediterranean and improve its energy infrastructure.
French multinational utility company ENGIE has inaugurated its first PowerCorner in the Zambian village of Chitandika.
South African electricity public utility Eskom has secured a $180 million loan, which will be used to expand the country’s renewable energy efforts.
The USTDA announced a grant supporting a feasibility study for solar systems that will bring to clean power to thousands of people in Ghana.
The Development Bank of Southern Africa (DBSA) and New Development Bank (NDB) have signed a loan agreement for Greenhouse Gas Emissions Reduction and Energy Sector Development Project.
South Africa fuel consumers will have to dig deeper into their pockets to buy the commodity as the Minister for Energy announced the adjustment of fuel prices based on current local and international factors, with effect from 3 April 2019.
The AfDB Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema.
Off-grid utilities provider Winch Energy, has announced a new investment from renowned Saudi Arabian power solutions group, AlGihaz Holding.
Africa Energy has announced the start of a new 3D marine seismic acquisition program over the Paddavissie Fairway on Block 11B/12B offshore South Africa.
Kenya Power has acquired two new single phase meter test benches of 40 positions each in a bid to enhance the capacity for testing and deployment of meters to its customers.
OPIC, the U.S. Government’s development finance institution, has committed $10 million to support the introduction of off-grid solar kits and appliances in Chad.
Eni has announced a major oil discovery in Block 15/06 in the Agogo exploration prospect in Angola’s deep water, estimated to contain between 450 and 650 million barrels of light oil in place with further upside.
Eni and Qatar Petroleum have signed a farm out agreement to enable Qatar Petroleum acquire a 30% participating interest in 12 exploration blocks in the offshore of Morocco.
Winch Energy has signed a contract with the Ministry of Energy in Sierra Leone to provide electricity to 24 towns and villages in northern Sierra Leone through solar mini-grids.
Qatar Petroleum has entered into an agreement with Eni to acquire a 25.5% participating interest in block A5A, located in the Angoche basin, offshore the Republic of Mozambique.
Azuri Technologies, a player in pay-as-you-go solar in Africa and crowdfunding platform Energise Africa have announced the latest phase of debt financing from UK impact investors.
Aker Energy, as the operator of the Deepwater Tano Cape Three Points block, announced that it encountered oil in the Pecan South-1A well offshore Ghana.
The Nigerian National Petroleum Corporation has expressed its preparedness to build additional Independent Power Plants in Abuja, Kaduna and Kano which is expected to add 4,0000 megawatts of power to stabilize the national grid.
Vivo Energy has announced its conclusion with Engen Holdings transaction, leading to expansion of its service station network to 8 new countries in Africa.
The Southern African Development Community (SADC) region is seeing a significant increase in the number and quality of its renewable energy and energy efficiency policies, according to a new status report.
Barry Callebaut, the world's manufacturer of chocolate and cocoa products, has selected solar company REDAVIA to establish a solar farm at their factory in Tema, Ghana.
Leading off-grid utilities provider Winch Energy, has appointed highly respected African energy expert Mrs. Olga Johnson as an Ambassador for Africa.
Innova Eco Building System has entered into a joint venture agreement to build a $40 million manufacturing plant bringing its green building technology to Mwale Medical and Technology City.
Azuri and First Bank of Nigeria Limited have announced a unique partnership that will help deepen financial inclusion in Nigeria while bringing affordable, reliable and clean power to millions of Nigerians.
A total of 735 Million Standard Cubic Feet of gas per day (mmscfd) was delivered to gas fired-power plants in November 2018 compared with October 2018 where an average of 627mmscfd was supplied.
Electricity utility company has started commercial operation at the 100 MW Kathu Solar Park in South Africa.
World Vision and Panasonic Corporation have launched an Off-grid Solutions Project in Narok County, Kenya.
Yellow Door Energy, a UAE-based leading solar developer, has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions in the Middle East and Africa.
African independent RoyalGate Energy has been granted an extension on its Block Z license in Equatorial Guinea, with plans to commence drilling as the oil price stabilizes and the market recovers.
Africa Finance Corporation (AFC) announced it has closed a bridge loan deal for the construction of the Singrobo-Ahouaty hydroelectric dam (SAHP) between Abidjan and the capital, Yamoussoukro.
Africa Finance Corporation has announced financial close for the construction of the 44-MW Singrobo-Ahouaty hydroelectric power project and associated infrastructure.
The Board of Directors of the African Development Bank Group has approved an equity investment of up to $ 25 million in ARCH Africa Renewable Power Fund.
Solar-plus-storage is already competitive with the world's most efficient form of gas generation in Morocco and Jordan, according to new research from Wood Mackenzie Power & Renewables.
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.
Until recently, Egypt’s government spent more on electricity subsidies than it spent on education, health care, and social welfare combined.
African Infrastructure Investment Managers acquires stake in BBOXX as it expands to off-grid solar market
African Infrastructure Investment Managers has acquired through its African Infrastructure Investment Fund 3 a minority stake in BBOXX’s operations in East Africa.
Vivo Energy Côte d'Ivoire has reinforced its presence in the Ivorian market with the opening of a new Shell station in TAABO.
Kampala-based off-grid solar company SolarNow has closed largest-yet receivables financing facility with SunFunder, Oikocredit and responsAbility
US has reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment.
Vivo Energy Ghana, the marketers and distributors of Shell branded products and services has appointed Mr. Ben Hassan Ouattara as the new Managing Director (MD), effective 1st January, 2019.
Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, has announced that it is about to complete a successful drilling operation of the Pecan-4A appraisal well offshore, Ghana.
Greenlight Planet, a global provider of solar home energy products, has successfully delivered clean energy access to more than two million individuals in Nigeria.
As South Africa kicks off the New Year with a lower petrol price and hopes for a constructive 2019, there are some looming problems that hinder the great spirit of the country.
Solar technology company REDAVIA and ElectriFI have signed a $2million financing agreement to support REDAVIA's expansion in Ghana's industrial and commercial sector.
Ophir Energy has announced that it has received notification from the Equatorial Guinea Ministry of Mines and Hydrocarbons that the Block R Licence, which contains the Fortuna gas discovery, will not be extended.
ALTEN Energías Renovables has confirmed its choice of the French company Voltalia to carry out EPC and O&M service on its new PV solar power plant in Kenya.
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed a Convertible Loan Agreement with Project Élan 1 SAS, committing up to $1.7m to develop Project Élan Solar in Cameroon.
Governments in Sub-Saharan Africa have partnered with UNDP to launch the Solar for Health initiative to install solar systems in rural health centres and clinics.
GE Renewable Energy and GE Energy Financial Services, GE EFS, have partnered to provide technology and advisory support for its flagship onshore wind project in Sub-Sahara Africa.
[Morocco] Vivo Energy and Zakoura Foundation partners with Education Ministry to educate on environment
Vivo Energy and the Zakoura Foundation have signed a partnership agreement with the Ministry of Energy National Education, Vocational Training, Higher Education and Scientific Research to bolster environmental education.