Nigeria, Angola and Ghana have contributed their capital shares to the Africa Energy Bank, reinforcing its role in advancing energy finance, with key discussions set to take place at African Energy Week 2025: Invest in African Energies in Cape Town n a significant development for Africa’s energy sector, Nigeria, Angola… +
As Angola marks 50 years of independence, Angola Oil & Gas returns in 2025 with an expanded multi-track program, a larger exhibition space, a dedicated deal room and a pre-conference technical agenda. With a $60 billion upstream investment pipeline, a 2025 licensing round and restructured block opportunities, Angola is positioning… +
Through privatization, joint ventures and development finance, Africa’s national oil companies are advancing oil and gas projects African national oil companies (NOCs) are leveraging innovative financing strategies to advance oil and gas projects, ensuring continued investment despite shifting global energy markets. Through various innovative strategies such as privatization and divestment,… +
The Republic of Congo is expected to produce up to 6 million tons of natural gas per annum by 2027 The Republic of Congo is expected to more than double natural gas production by 2027 according to an outlook by commodity company S&P Global Commodity Insights – technical partner of… +
The AEC is calling upon African states and the private sector to fund the African Energy Bank, an institution which is focused on funding African energy projects By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org). For more than a year, the African Energy Chamber (AEC) has been pushing back… +
This high voltage DC infrastructure is the only one of its kind in the region and is the foundation of East Africa’s ambition to be interconnected in terms of power exchange and allow cross-border trade in energy The electricity highway between Ethiopia and Kenya, officially opened in 2023 after more… +
The withdrawal of Western financial support from Africa’s oil and gas sector, coupled with delays in key projects due to lack of investment, threatens to undermine the continent’s energy development and economic progress says the African Energy Chamber In recent years, several Western banks and financial institutions have implemented policies… +
On June 4, 2024, the African Export-Import Bank (Afreximbank) and the African Petroleum Producers’ Organization (APPO) formalized the creation of the African Energy Bank (AEB) by signing the establishment agreement and charter of the new institution. This historic event marks a crucial step towards the African continent’s energy independence and… +
The SEFA grant complements existing facilities to mitigate the high risk associated with drilling activities and help attract commercial debt capital to finance the project The Board of Directors of the African Development Bank Group has approved a $10 million reimbursable grant from the Sustainable Energy Fund for Africa (SEFA) to… +
There will be about 100,000 direct beneficiaries of the project composed of individual households, women’s associations, health centers, schools and businesses On 14 July 2022 in Abidjan, the Board of Directors of the African Development Bank Group (www.AfDB.org) approved a $66.39 million support package for Guinea. The funding is intended… +
