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Benin will not achieve first oil production in 2025 after drilling problems delayed progress at the Seme shallow water oil field offshore the country, the operators confirmed.
Nigeria’s government has written off more than $1.42 billion in legacy debt owed by the state-owned energy company NNPC Ltd to the Federation Account, in what officials describe as a major fiscal reset for the country’s largest revenue generator.
Nigeria’s Dangote refinery has confirmed that its main petrol unit has begun a planned turnaround that will briefly pause all crude processing activities until early 2026.
Shell has awarded a $16 million drilling contract to Northern Ocean Limited (NOL) to explore Namibia’s offshore Petroleum Exploration Licence 39 (PEL 39).
South African nation Namibia has unveiled a $1.76 billion plan to expand renewable energy and attract private investment into its power sector.
Uganda UNOC has confirmed ongoing plans to borrow $2 billion from a unit of global commodities trader Vitol to finance the construction of a crude oil refinery and other infrastructure projects.
Kenya has signed a $311 million agreement with Africa50 and India’s Power Grid Corporation to construct two high-voltage electricity transmission lines under a public-private partnership.
Sun King, an off-grid solar energy company, has raised $40 million in equity financing from Lightrock to expand decentralised solar systems across Africa and Asia.
Dangote Refinery has disclosed that the United States has become its largest foreign supplier of crude oil, delivering no less than 100 million barrels each year.
Zimbabwe plans to begin construction of its first floating solar power plant in 2026, as the country seeks to expand electricity generation and reduce exposure to climate-related disruptions affecting hydropower output.
Aliko Dangote has declared that no serious investor would be willing to purchase Nigeria’s moribund state‑owned refineries, describing them as unprofitable assets trapped in a sector plagued by corruption and sabotage.
The Dangote Petroleum Refinery has reduced its petrol gantry price from N828 ($0.57) to N699 ($0.48) per litre ahead of the festive season, a senior official of the company reveals.
The African Development Bank (AfDB) has approved a $10 million loan to Hyphen Hydrogen Energy to advance engineering work on Namibia’s planned $10 billion green hydrogen and ammonia project.
Egypt has renewed its criticism for the newly built $5 billion Grand Ethiopian Renaissance Dam (GERD), saying it could take all measures allowed under the United Nations Charter if its water security is threatened
NNPC E&P Limited (NEPL) has announced a major milestone in its upstream operations, with production reaching 355,000 barrels per day (bpd) for the first time in more than three decades.
Senegal has approved its share of the capital payment for the African Energy Bank (AEB), bringing the continent closer to launching a financing institution for energy projects.
Shell Plc has acquired a 60% stake in Block 2C of South Africa’s portion of the Orange Basin, close to the Northern Cape Ultra Deep area where its plans to drill five wells continue to suffer delays.
TotalEnergies has emerged as the operator of Galp Energia’s flagship offshore oil discovery in Namibia after securing a large stake in the asset.
Ethiopia and Nigeria have signed the preliminary agreement for a Gas-by-Rail Economic Corridor Initiative (GBR-ECI), launching a significant project that will involve the building a 73,500-kilometre freight railway connecting 40 sub-Saharan African countries.
South African power utility Eskom has finalised a Memorandum of Understanding (MoU) with Samancor Chrome and the Glencore–Merafe Chrome Venture aimed at reducing electricity costs for metal manufacturers in the country.