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 outspoken… +
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 Government… +
By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). For years, on behalf of the African Energy Chamber (AEC), I publicly encouraged Nigeria’s leadership to sign the Petroleum Industry Bill (PIB) into law. Across its five chapters and 300 sections, the PIB promised to repeal all regulations pertaining to Nigeria’s… +
On completion of phase 1, the refinery will process 30,000 barrels of crude oil per day, delivering c. 10% of the country’s total demand for refined oil products Gemcorp Holdings Limited (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) are pleased to announce the financial close of the Cabinda… +
Efforts to eliminate child labour in cobalt supply chains need to address root causes or risk further jeopardizing children’s safety and well-being OTTAWA, Canada, July 14, 2023 IMPACT’s new research reveals how poverty is a driving force behind child labour in Democratic Republic of Congo’s (DRC) artisanal cobalt mines. Among… +
South Africa has the potential to become a renewable energy giant within five years. Opportunities abound in solar, wind power, biomass, green hydrogen and the manufacture and export of green commodities. South Africa’s electricity crisis could boost the country’s future competitiveness. This was the message from Gareth Rees, Head of Sustainability… +
By NJ Ayuk, Executive Chairman, African Energy Chamber (www.Energychamber.org) From exploration to production and export, the Angolan oil and natural gas industry is bustling with new initiatives. This past year alone, international oil companies and the Angolan government partnered to award numerous regional operators with service contracts worth billions of… +
The African Energy Chamber (AEC) partnered with global energy and commodities information provider S&P Global Commodity Insights for a webinar on June 27. Exploring the respective upstream markets of Guyana and Namibia, the webinar – moderated by Verner Ayukegba, Senior-Vice President at the AEC and Justin Cochrane, African Upstream Regional… +
The African Development Bank’s (www.AfDB.org) Urban and Municipal Development Fund (UMDF) (https://apo-opa.info/43CHYIN) has approved a grant of $485,000 for a solar electricity project in Namibia that will power some 50,000 households in the capital city. The “Informal Settlement Renewable Electrification and Upgrading Program” will directly benefit around 200,000 people in… +
The Africa Investment Forum presented four renewable energy and sustainability projects worth nearly $1.5 billion to investors on the sidelines of the African Development Bank Group’s (www.AfDB.org) 2023 Annual Meetings. The curated projects, which are drawn from all of Africa’s regions, are sourced from the Africa Investment Forum’s pipeline. They reflect… +
