Governance and Regulations
Top stories
The Nigerian National Petroleum Corporation Limited (NNPCL), the country’s state-owned oil company, has been under fire lately with a reshuffling of its leadership following the end of the tenure of its former Group Chief Executive Officer, Mele Kolo Kyari, earlier in April. According to credible reports from local news outlets, the Economic and Financial Crimes…
Astron Energy, one of South Africa’s largest petrol station operators, is headed to court to challenge a R2.7 billion (~$140 million) tax assessment by the South African Revenue Service (SARS). SARS claimed it identified five serious infractions during a 2017 audit of Astron, which prompted it to issue a letter of demand in October 2019…
Ghana introduces a new GHC1 “Dumsor Levy” on fuel to tackle its $3.1 billion energy debt and persistent power outages. The move faces strong public backlash, with many calling it a betrayal of promises and an undue burden on already struggling citizens.
In the last two decades, China has emerged as a dominant player in Africa’s energy sector, financing and constructing power plants, oil refineries, and renewable energy projects across the continent.
India is in discussions with the Democratic Republic of Congo (DRC) to establish a supply agreement for critical minerals, particularly cobalt and copper, to support its growing industrial and energy transition needs, two sources familiar with the matter said.
The South African Medical Research Council (SAMRC) recommended the country phase out coal-fired power stations as it published a 10-year study which found that people living near them were 6% more likely to die than their peers elsewhere.
Ghana’s Eurobonds plummeted on Tuesday, March 4, 2025, after Finance Minister Cassiel Ato Forson warned that the nation’s energy sector debt could balloon to $9 billion by 2027 if urgent reforms are not implemented.
Indian automaker Mahindra is exploring the possibility of establishing a completely knocked down (CKD) vehicle assembly plant in South Africa, marking a potential expansion of its manufacturing footprint outside India.
Trading companies, Vitol and Glencore will receive $380 million in compensation following a London court ruling against Nigeria LNG (NLNG) over the non delivery of contracted cargoes, according to court documents.
The Democratic Republic of Congo has suspended cobalt exports for four months to curb an oversupply that has driven prices of the critical battery metal to historic lows. The government says the slump poses a significant risk to the country’s economy and investors.
Among African nations, Nigeria stands out, not only for its significant lithium deposits but also for its strategic initiatives aimed at harnessing this resource to establish itself as a key player in the global battery industry.
French nuclear fuels company, Orano, has announced plans to shift focus to new uranium projects outside Niger as diplomatic tensions between France and the West African nation continue to affect operations.
Switzerland mining firm, Glencore Plc, has disclosed its rejection of an unsolicited offer for its mining operations in the Democratic Republic of Congo (DRC) late last year.
Zimbabwe’s state-owned mining company, Kuvimba Mining House Ltd., is preparing to launch a major funding drive to develop its lithium, platinum, and gold assets.
The Africa Energy Bank (AEB), established to finance oil and gas projects and support Africa’s energy transition, is set to begin operations in the first quarter of 2025 with a target asset base of $120 billion
The Nigerian Federal Government disclosed plans to increase electricity tariffs by 66% in the West African nation to what it described as “cost-reflective”.
Indian mining firm Vedanta Resources is seeking to raise approximately $1 billion in debt financing to support the development of its Konkola Copper Mines (KCM) in Zambia, according to Chris Griffith, head of the company’s base metals unit.
The UK government is seeking legal advice on withdrawing $1.15 billion in public funds from TotalEnergies’ controversial $20 billion liquefied natural gas (LNG) project in Mozambique
A Swiss court has found global commodity trading company, Trafigura, and its former Chief Operating Officer, Mike Wainwright, guilty of bribing an Angolan official to secure oil contracts.
UK based mining firm, Jubilee, has secured regulatory approval for its new power supply agreement in Zambia, ensuring a stable energy supply for its Roan copper concentrator and Sable Refinery.