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… +
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… +
Kenyan electric bus startup BasiGo has received a $3 million investment from CFAO Group, a major player in distribution in Africa. This capital injection will allow BasiGo to accelerate the production and delivery of its electric buses in Kenya and Rwanda, two key markets for its development. Towards an Ecological… +
(Africa Energy Mag) – Côte d’Ivoire marked a significant milestone in its journey towards sustainable energy with the inauguration of its first solar photovoltaic power plant in Boundiali, a town in the northern part of the country. This groundbreaking project, spearheaded by the government in collaboration with private partners, represents… +
The acquisition reflects Gabon’s broader oil and gas sector revitalization strategy, which will be explored at the upcoming Invest in African Energy (IAE) forum in Paris this May The share purchase agreement – signed February 15 – supports Gabon’s efforts to boost oil production and attract further investment to its… +
Hyve Group must Integrate Africans in its leadership in 2024 For many African businesses and individuals, involvement in Africa’s oil and natural gas industry presents a promising opportunity. Engaging with international companies not only opens avenues for a better future for families but also facilitates upward mobility into the middle… +
