The strategic financing will support Sonangol’s projected operating and capital expenditure requirements African Export-Import Bank (Afreximbank), working with other mandated lead arrangers, has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company. The strategic financing will support Sonangol’s projected operating and capital expenditure requirements,… +

Minister Nguema Nguema, an environmental engineer and former Minister of Oil and Gas is expected to bring a pragmatic approach to the sector with investor attraction a core focus Following his appointment by President Brice Clotaire Oligui Nguema on January 1, 2026, the newly appointed Minister of Mines and Geological… +

The objective was to enable African countries to discover and draw inspiration from Côte d’Ivoire’s energy policy, particularly the “Electricity for All Program” (PEPT). Senior officials from the public administrations of Senegal, Togo, Benin and the Democratic Republic of Congo (DRC) conducted a study visit to Abidjan from January 21… +

With experience in both the Russian and African energy markets, Khromov joins the chamber at a critical time for Africa Stepan Khromov, Head of Projects (Africa) at Russian vertically integrated oil company Gazprom Neft, has officially joined the African Energy Chamber (AEC) (https://EnergyChamber.org/) as a Board Member. Khromov brings with him significant experience across both Russian and… +

Two-Day Workshop “Powering Africa’s Rise: From Renewable Wealth to Industrial Strength” Concludes with Bold Commitments to Accelerate SDG7 Dakar, Senegal – 11 December 2025: Development partners, private-sector actors, and UNDP energy experts from across 25 countries, mostly from West and Central Africa, have concluded a two-day high-level workshop to shape the… +

The African Development Fund’s (ADF) Board of Directors has approved a grant of $22.9 million for the rehabilitation of Malawi’s Kapichira and Nkula B hydropower plants, marking a transformative investment in the nation’s energy future. The $118.7 million initiative, with co-financing opportunities, will rehabilitate two critical power generation facilities—Kapichira I… +

During operations, the mine is expected to support up to 900 direct and indirect jobs, contribute approximately 10% of national GDP, and stimulate substantial local supply chain growth FG Gold Limited (“FG Gold”) (https://FGGoldMining.com/) is pleased to announce that it has achieved financial close and the first drawdown on its US$330… +