Ethiopia has signed investment deals for its minerals and energy sectors worth more than $1.7-billion, mostly with Chinese firms, its finance ministry said. The East African nation, which struck a four-year, $3.4-billion program deal with the International Monetary Fund last July, is in the midst of a far-reaching reform drive, including the flotation of… +
Namibia expects a final investment decision (FID) by TotalEnergies on its Venus discovery by late next year, a senior government official said on Tuesday, even as the company pushes for incentives to lower production costs. The French oil major has joined peers like Shell and Galp in developing offshore blocks in the… +
The National Energy Regulator of South Africa (Nersa) says the decision by the Energy Regulator to approve a curtailment framework will help unlock scarce grid connection capacity for wind projects in the Eastern Cape and Western Cape. The approval was made by the Energy Regulator, Nersa’s highest decision-making structure, on April 29. The decision arose from its adjudication of an… +
Once operational, the plant is expected to generate 87 gigawatt-hours of electricity per year, providing clean, reliable, and affordable energy to communities while helping to bridge the energy gap. The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved €26.5 million in financing for the development of… +
In a bold step towards sustainable development and regional integration, Insight Dynamic Resources Ltd has signed a Memorandum of Understanding (MoU) with ALG Global Infrastructure Advisors, S.L.U. for the implementation of the $400 billion Gas-by-Rail Economic Corridor Initiative. This landmark initiative envisions the creation of a 73,500 km transcontinental freight… +
Solar as a service provider Wetility has launched an AI-enabled solution for its customers to automatically optimise their solar and battery usage to improve electricity account savings, while still sustaining supply during periods of power disruption. Launched commercially on May 1, following over 15 months of research, development and beta testing across 500 customers, the App-based innovation uses… +
South Africa faces a stark reality: failure to take urgent action to address the impending ‘gas cliff’ will result in economic regression, Electricity and Energy Minister Dr Kgosientsho Ramokgopa has warned. “The gas cliff is not a distant event. It is imminent. But it is not inevitable. We have the analytical tools,… +
Minister Birame Soulèye Diop has confirmed his participation at African Energy Week 2025: Invest in African Energies, as Senegal accelerates oil production, launches new gas projects and implements a bold 25-year economic and social development plan Senegal’s dynamic ascent in the global energy sector will take center stage at African… +
For Namibia, a newcomer to oil and gas deals, adding a fiscal stability clause to petroleum contracts will be key to retaining the energy industry’s intense interest By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org/). The world is watching Namibia. To be more specific, the energy world is watching.… +
NAMCOR projects over 2.5 million tons in annual gas production as Namibia accelerates its gas monetization strategy, infrastructure development and regional energy leadership The National Petroleum Corporation of Namibia (NAMCOR) has revealed that the country could produce more than 2.5 million tons of natural gas per year, based on early-stage… +
