The project will improve electricity access for households, social infrastructure and micro, small and medium enterprises The Board of Directors of the African Development Bank Group on Wednesday approved a €101.10 million loan to Kenya to implement the third phase of the Last Mile Connectivity Project. The project will improve electricityContinue Reading

60MW plant boosts energy capacity by 50% while averting 252,500 tons of CO2; Further 45MW expansion planned by investment partners AFC (www.AfricaFC.org), FMO, CFM & GHIH; Energy security and independence, import substitution, industrialisation, job creation and economic stability are among the benefits to be delivered in line with UN SDGs.Continue Reading

Africa’s 620 trillion cubic feet of proven natural gas resources have strengthened the continent’s potential to drive economic growth, diversify revenue generation, while spearheading global energy security in conjunction with a transition to a cleaner energy future. Underpinned by efforts to monetize domestic gas resources, countries to the likes ofContinue Reading

The second phase of the Last Mile Connectivity Project, implemented in Kenya between 2016 and 2022, has helped improved access to electricity for low-income groups. At least 1.6 million people now have access to power, according to the Project Completion Report published by the African Development Bank on 11 AugustContinue Reading

The African energy sector serves as a catalyst for global development, and in this dynamic industry that powers the modern world, a select group of remarkable women have emerged as trailblazers. The African Energy Chamber (AEC) (www.EnergyChamber.org) is proud to announce the “25 Under 40 Energy Women Rising Stars’ – individuals whose dedication,Continue Reading

By NJ Ayuk, Executive Chairman, African Energy Chamber (http://www.EnergyChamber.org) In a televised speech earlier this summer, South Africa’s Minister of Mineral Resources and Energy, Gwede Mantashe, pushed back strongly against environmental groups’ efforts to block oil and gas production in his country. Even before his speech, Mantashe has been an outspokenContinue Reading

The Corporation’s investment in the Sangomar oil field will be used to drive the first phase of development towards achieving first oil, a key milestone in the advancement of the country’s hydrocarbons sector Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, is partnering with the GovernmentContinue Reading