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Nigeria has announced plans to capitalise a $2 billion climate fund as part of a broader effort to mobilise financing for its energy transition and climate resilience objectives.
Senegal has officially taken back control of the Cayar Offshore Shallow (COS) block after Oranto Petroleum failed to provide the required financial guarantees to implement its contractual work programme.
Nigeria plans to generate up to $3 billion annually from carbon trading after approving a framework for large scale emissions allowance sales.
Egypt has commissioned the first phase of the Obelisk solar project in Nagaa Hamadi, Qena Governorate, representing the start of operations at what authorities have described as Africa’s largest renewable energy project.
West African nation Benin Republic is expected to produce its first commercial oil from the Seme offshore oilfield by the end of January 2026, after drilling challenges forced the country to miss its initial 2025 target.
Senegal has recorded a surge in oil production totaling 36.1 million barrels in 2025, exceeding official forecasts for the year.
Ghana says it has paid $1.47 billion to settle longstanding energy sector debts, including funds from the World Bank’s Partial Risk Guarantee.
British International Investment (BII) has committed $37 million to the Abydos II Solar PV and Battery Energy Storage System (BESS) project in Egypt, strengthening one of Africa’s largest integrated renewable energy developments.
Afreximbank has provided a $64 million acquisition finance facility to Levene Energy Development Limited to support the purchase of a 30% equity stake in Axxela Limited.
Continued power supply disruptions have become a key challenge for mining operators across Africa, a report says.
The Gas Exporting Countries Forum (GECF) has appointed Nigerian oil veteran and former chief executive of Nigeria LNG, Philip Mshelbila, as its new Secretary General.
Morocco is set to open its first liquefied natural gas (LNG) terminal in mid‑2026, as part of the launch of the Nador West Med port on the Mediterranean.
Eskom says it has kept the national grid running without sustained interruptions for 231 consecutive days, signaling a period of improved stability in a power system.
Libya’s National Oil Corporation (NOC) and its partners achieved approximately 100 million cubic feet per day reduction in gas flaring in 2025.
Africa’s largest economy, South Africa, is recording its lowest petrol and diesel prices in January since 2022. The decline follows a fall in global oil prices and a rebound in the local currency, the rand.
Zambia and Zimbabwe have committed $400 million for the long-delayed Batoka Gorge Hydro Electric Scheme (BGHES), reflecting a push to unlock one of Southern Africa’s largest planned power projects after decades of setbacks.
Aradel Holdings Plc has completed the acquisition of majority stake in ND Western Limited, cementing its position as one of the country’s leading indigenous energy companies.
Nigeria’s state owned oil company, NNPC Limited, plans to revive aging idle oil fields as it seeks to raise about $30 billion in fresh investment and lift crude output by the end of the decade.
Heirs Energies has acquired a 20.07% equity stake in Seplat Energy Plc, Nigeria’s biggest indigenous oil and gas company by market valuation, in a transaction valued at about $500 million.
NNPC has maintained a consistent upward trend in monthly earnings, reporting N502 billion ($350 million) in profit for November 2025 as higher crude output and improved remittances boosted government revenues.