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… +

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… +

The African Energy Chamber (AEC) lauds the recent inking between Savannah Energy Niger Solar Limited, a subsidiary of British independent energy company Savannah Energy, and the Government of Niger on the development of two solar photovoltaic power plants with a combined capacity of up to 200 MW. In this significant… +

Green Energy Africa Summit (GreenEnergyAfricaSummit.com) has today announced its Advisory Committee for the summit, to be held in the heart of South Africa’s Cape Town on 10-11 October. Held under the theme, “Unlocking Africa’s Just Energy Potential”, the Green Energy Africa Summit (GEA) will provide unrivalled opportunities throughout its two-day programme… +

By NJ Ayuk, Executive Chairman, African Energy Chamber  Several years ago, the African energy industry was in survival mode. The COVID-19 pandemic had practically eliminated demand for crude oil, and African exports dropped sharply. That’s why — though many African states are still feeling the wounds inflicted by COVID —… +