To support the expansion of its natural gas infrastructure and ensure a more prosperous future, there are several policy initiatives that South Africa should embrace By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). South Africa is in many ways one of the most modern countries in Africa, particularly with… +
On June 4, 2024, the African Export-Import Bank (Afreximbank) and the African Petroleum Producers’ Organization (APPO) formalized the creation of the African Energy Bank (AEB) by signing the establishment agreement and charter of the new institution. This historic event marks a crucial step towards the African continent’s energy independence and… +
This announcement follows the success of the first accordion tranche of the US$3.3 billion facility African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced an additional disbursement of US$925 million under the syndicated US$3.3 billion crude oil-backed prepayment facility sponsored by the Nigerian National Petroleum Company (NNPC) Limited. This brings the total… +
The deal signifies a pivotal step in Algeria’s hydrocarbon development, marking a strategic partnership aimed at tapping into the nation’s gas reserves Algeria’s state oil company Sonatrach and energy major ExxonMobil have signed a deal to develop two major gas fields in southern Algeria’s Ahnet and Gourara basins. The agreement,… +
On the back of recent investments, exploration and production updates and strong willingness by the government, the Republic of Congo is taking historic measures to ensure its oil and gas industry drives resource monetization and energy access throughout Africa Oil and gas supermajor TotalEnergies has announced that it will invest… +
A significant milestone has been reached in Angola with the announcement by TotalEnergies and its partners in Block 20/11 of a Final Investment Decision (FID) for the Cameia and Golfinho fields. This decision marks the beginning of the development of the $6 billion deepwater Kaminho project, the first large-scale deepwater… +
The declaration aligns Africa’s position on the global energy transition and climate justice debate, following the conclusion of the Invest in African Energy forum in Paris, organized by Energy Capital & Power African civil society, human rights groups, environmental groups, governments and the private sector stand firm in their commitment… +
This validation workshop brought together all ECREEE staff with the participation of a delega-tion from the ECOWAS Centre for Gender Development (CDCG) The ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) held a validation workshop for the ECREEE 2023-2027 Gender Mainstreaming Strategy and Action Plan Report the 9 May… +
Cape Town, South Africa: 7 May 2024 – As the global community intensifies efforts to combat climate change and transition towards sustainable energy sources, Africa stands at a pivotal crossroads in unlocking its renewable energy potential. With abundant natural resources and growing energy demand, the continent presents a unique opportunity for… +
Achieving sustainable development in Africa’s oil and gas sector demands collaborative action from all stakeholders By Labi Ogunbiyi. The African continent stands at a pivotal juncture in the global energy sector, with abundant oil and gas reserves offering immense potential for economic growth. However, while the continent holds significant promise, navigating… +
