Spiro, one of Africa’s leading two-wheeler electric mobility companies, announced on Tuesday, October 21, 2025, that it has raised $100 million (USD) to expand its battery-swapping infrastructure. This record-breaking fundraising round marks a major milestone for the electric motorcycle sector on the continent. Record Funding and Innovative Business Model The investment represents… +
Ronald Adams, Managing Director of SNEPCo (Shell Nigeria Exploration and Production Company) and Chairman of the investment company All On, has highlighted the need for substantial investments to address Nigeria’s energy crisis. According to him, the lack of access to energy affects millions of households and industries across the country.… +
Following a $100 billion, four-year energy agreement between South Korea and the United States, Nigeria could see its oil exports to Asia weaken. The deal, concluded during a state visit by the South Korean president, reinforces an already established trend: South Korea, already the largest Asian buyer of U.S. crude,… +
TotalEnergies has obtained a new exploration permit for a deepwater area off the coast of the Republic of Congo. This new block, called Nzombo, covers 1,000 km² and is located 100 km from Pointe-Noire, near the existing Moho facilities. The French oil company will operate the project with a 50%… +
bp South Africa has joined the 2025 edition of the African Energy Week: Invest in African Energies conference – taking place on September 29–October 3 in Cape Town – as a Platinum Partner bp South Africa – a subsidiary of global energy major bp – is undergoing a strategic transformation… +
Gabon’s new Minister of Oil and Gas HE Sosthène NGUEMA NGUEMA has embarked on an aggressive investment campaign, seeking to attract investment in deepwater exploration opportunities The newly appointed Minister of Oil and Gas of Gabon HE Sosthène NGUEMA is shifting its focus to deepwater oil and gas exploration under efforts to… +
The project will nearly double Burundi’s current capacity, boost Rwanda’s by 30%, and deliver critical baseload and dispatchable power to eastern DRC During the US – Africa Business Summit in Luanda, Angola, Ruzizi III Holding Power Company Limited (RHPCL) announced the signing of an Invitation to Partner Agreement for a… +
Inaugural industry-led event to drive concrete action against national electricity crisis Electricity Expo Africa 2025 (www.ElectricityExpoAfrica.com) is set to convene South Africa’s leading minds and innovators in the energy sector, offering a critical platform for tangible solutions to the nation’s power crisis. Taking place from 19 to 21 August 2025… +
The AfDB-funded Post-Cyclone Idai Emergency Recovery Project restored electricity access, revitalizing businesses across communities in Zimbabwe In March 2019, Cyclone Idai tore through Zimbabwe’s eastern districts with unprecedented fury, leaving behind a trail of devastation. Among the hardest hit regions were Chimanimani and Chipinge, where the lifelines of modern life—electricity,… +
African Mining Week 2025 will spotlight gender inclusivity and the role of women in driving Africa’s mining transformation As women take on increasingly influential roles in shaping the future of Africa’s mining sector, African Mining Week (AMW) 2025 – taking place from October 1–3 in Cape Town – will host… +
