September 18, 2025

Energy in Ivory Coast : Washington Commits $322 Million via the MCC

To strengthen the energy sector in Ivory Coast, the United States, through the Millennium Challenge Corporation (MCC), has established a new partnership. An agreement worth $322 million was signed in Abidjan, with the United States committing $300 million and the remainder funded by Ivory Coast.

Objectives of the Collaboration

This partnership aims to reinforce Ivory Coast’s position as a regional energy hub in West Africa. It also seeks to support the country’s capacity to export electricity beyond the six nations that already benefit from its power supply.

Background of the Agreement

The signing of this new agreement, ratified by the Ivorian Minister of Finance and Budget and the MCC Vice President, marks the conclusion of the previous bilateral compact, valued at $536 million, which was signed in 2017. Ivorian Prime Minister Robert Beugré Mambé praised the strong and dynamic relations between the two countries.

A Nigeria–Libya Gas Pipeline to Europe Back on the Table

Nigeria and Libya are discussing the revival of a pipeline project that would transport Nigerian gas to Europe via Libya. The two countries recently held a meeting to exchange technical information and launch feasibility studies on this route. A strategic route with competing optionsThis project could serve as an alternative to other initiatives currently underway. […]

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Afreximbank and the Midstream and Downstream Gas Infrastructure Fund strengthen their cooperation for the development of Nigeria’s gas sector

Afreximbank and MDGIF will work together with the overarching intention of mobilising up to US$ 500 million over a four-year period to support midstream and downstream gas infrastructure projects African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark memorandum of understanding (MoU) to establish a collaborative […]

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OPEC+: Oil Production to Increase by 137,000 Barrels per Day

A virtual meeting of the eight members of the Organization of the Petroleum Exporting Countries (OPEC+), held on September 7, 2025, resulted in a decision to adjust their oil production. Starting in October 2025, these countries will increase production by 137,000 barrels per day. This measure is part of a broader adjustment plan announced in […]