This announcement follows the success of the first accordion tranche of the US$3.3 billion facility African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced an additional disbursement of US$925 million under the syndicated US$3.3 billion crude oil-backed prepayment facility sponsored by the Nigerian National Petroleum Company (NNPC) Limited. This brings the total… +

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,… +

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… +

(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… +