Governance and Regulations
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Africa’s energy independence relies heavily on internal financing. The proposition of an intercontinental bank indicates a move in that direction. However, the project is yet to take off despite declaration of several launch date
In a move that could strengthen its position in the East African oil and gas market and attract investment, Kenya’s National Oil Corporation (NOC) has signed a landmark energy agreement with Algeria’s national oil company, Sonatrach.
Eskom Holdings officially launched its first fleet of electric vehicles (EVs), marking a milestone in the state-owned utility’s efforts to promote sustainable transport and advance South Africa’s transition.
The British oil giant Shell and the Department of Petroleum and Mineral Resources (DPMR) have filed to reverse the High Court ruling that prevented it from drilling off South Africa’s West Coast.
Nigeria and France-based clean-tech company, Koolboks, has secured $11 million to establish its first local solar refrigeration assembly plant in Nigeria.
Ethiopia has officially launched the $5 billion Grand Ethiopian Renaissance Dam (GERD), the largest in Africa. But the mega project is met by opposition from neighbouring nations, including Egypt and Sudan.
Tanzania said it is building on Nigeria’s recent expansion of compressed natural gas (CNG) as it seeks to lower dependence on fuel powered cars and reduce its oil import bill.
Chinese state-owned energy conglomerate China Energy Engineering Corporation (CEEC) is planning to invest up to $1 billion in Egypt’s energy sector over the next five years.
Alexandria Petroleum Maintenance Company (Petromaint), a subsidiary of Egypt’s Ministry of Petroleum, has secured a $121 million contract to provide full maintenance services at the Zubair oilfield in Iraq.
Nigeria has reduced the amount oil companies can recover from their investments in offshore projects, as the government seeks more income to cover a widening budget gap.
French energy firm TotalEnergies has denied claims that it failed to comply with agreements tied to the development of local communities in Mozambique’s Cabo Delgado province.
The government of Ethiopia has signed an agreement with Nigeria’s Dangote Group to build a 3 million tons per annum fertiliser manufacturing plant valued at $2.5 billion.
Zambia is seeking investors to commit $11.6 billion to its energy sector by 2030 as the country works to expand capacity and meet the surging demand for electricity driven by population growth and industrial needs.
The African Development Bank (AfDB) has committed $40 million in blended capital to the Alliance for Green Infrastructure in Africa Project Development Fund (AGIA-PD), securing the fund’s initial close at $118 million.
The digitization of energy services in Nigeria is still growing, yet often overlooked. Despite persistent electricity challenges, the country already has applications that make access and management of these services more seamless. Here are some.
South Africa’s Environment Minister, Dion George, has approved for the construction of a new Nuclear Power Station in Western Cape Province.
Civil society organisations and coastal communities have launched a formal appeal against the government’s decision allowing Shell to begin drilling activity in the Northern Cape Ultra Deep (NCUD) oil and gas project.
A Federal High Court in Lagos, Nigeria has taken control of Ikeja Electricity Distribution Company (IKEDC) and KEPCO Energy Resources, two major players in the country’s power sector.
The Kenyan government has formally sought parliamentary approval to privatise the Kenya Pipeline Company (KPC), one of the country’s most valuable energy infrastructure assets.
Southern African nation, Namibia, has secured $114.7 million to finance its flagship Namibia Green Hydrogen Programme (NGH2P).