Renewable energy investments in Africa are being hobbled by insufficient government loan guarantees, as the International Monetary Fund keeps a tight leash on country indebtedness, TotalEnergies CEO Patrick Pouyanne said …
Oil & Gas
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AfricaAFRICA NEWSEnergyOil & Gas
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AfricaAFRICA NEWSEnergyOil & Gas
Italy targets energy, migration with ‘non-predatory’ plan for Africa
by Editorby EditorOpening the event, Prime Minister Giorgia Meloni unveiled a “non-predatory” plan that her far-right government hopes will foster a new relationship between Europe and Africa. Her approach, which includes energy …
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Swire Renewable Energy A/S, a renewable energy maintenance and services company owned by the Swire Group, has acquired South African renewable energy service provider – Obelisk Energy Services Ltd (South …
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AfricaAFRICA NEWSEnergyOil & Gas
OPEC Fund invests $1.7bn for global climate change, energy transition in 2023
by Editorby EditorA Nigerian solar plant and an Azerbaijan wind farm were among the 55 projects that received financing worth $1.7 billion from the OPEC Fund for International Development in 2023. Almost …
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AfricaAFRICA NEWSNigeriaOil & Gas
Soaring cooking gas prices may cost N18,000 by December
by Editorby EditorGas retailers are sounding the alarm, warning that the price of a 12.5kg cooking gas cylinder could surge to N18,000 by December if the Federal Government does not intervene to …
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AFRICA NEWSBusiness and EconomyEconomyOil & Gas
Namibia has the potential to become one of the leading oil producers by the year 2035.
by Editorby EditorThe Prime Minister Hon Saara Kuugongelwa-Amadhila on Wednesday reaffirmed the government’s commitment to socioeconomic development and environmental stewardship, following the discovery of two light crude oil discoveries in Namibia in …
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AfricaAFRICA NEWSEnergyOil & Gas
Tullow faces new Kenya setback as Total, Africa Oil quit
by Editorby EditorTotal Energies and Africa Oil are abandoning a project in Kenya, increasing challenges for operator Tullow Oil following a years-long effort to get the development off the ground. Tullow found …
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AfricaAFRICA NEWSEnergyOil & Gas
FourQuest Energy Acquires UAE Based Caley Energy to Strengthen Its Expansion Into Africa
by Editorby EditorFourQuest Energy Inc. has acquired privately owned Dubai, UAE-based Caley Energy FZCO. Founded in 2014 by Charlie Topp, Caley Energy FZCO is a leading provider of specialist equipment and personnel …
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AfricaAFRICA NEWSEnergyOil & Gas
Renewable Energy Solutions Key to Unlocking Africa’s Growth Potential
by Editorby EditorThe US First Lady Jill Biden’s visit to Africa this week to discuss climate change and food insecurity is timely. Africa faces serious environmental challenges, including land degradation, deforestation, biodiversity …
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AfricaAFRICA NEWSOil & Gas
French court sides with Uganda and Tanzania in their controversial oil case
by Editorby EditorAn appeal regarding the contentious oil projects in Tanzania and Uganda by the energy corporation TotalEnergies was dismissed by a French court on Tuesday. In the two projects, the Tilenga …