The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank Group will provide a $1 million technical assistance grant to the Green Mobility Facility for Africa (GMFA). GMFA provides technical assistance and investment capital to accelerate and expand private sector investments in sustainable transport solutions in seven countries: Kenya,… +
JOHANNESBURG, South Africa, January 3, 2023/APO Group/ — The voice of the African energy sector, the African Energy Chamber (AEC), will host a special New Year reception event at the Waldorf Hilton luxury hotel in London on 26 January where participants will be encouraged to explore new avenues in financing… +
President William Ruto has said the government is working towards lowering electricity tariffs. The government, he observed, will prioritize low-income earners and manufacturers in the tariff review process. In three months, we will have public consultation to ensure that we have tariffs that are affordable to those at the bottom… +
JOHANNESBURG, South Africa, December 26, 2022/APO Group/ — By NJ Ayuk, Executive Chairman, African Energy Chamber In late 2019, Africa Oil Corp. President and CEO Keith Hill told Petroleum Economist that, given Africa’s unproven oil and gas basins, the continent was probably “the greatest frontier,” with outstanding opportunities for exploration,… +
In an effort to develop a consensus on Africa’s oil and gas resources at the conference, Al Ghais also led the OPEC-Africa Dialogue Session featuring both African OPEC and non-OPEC member countries By NJ Ayuk, Chairman, African Energy Chamber This past October, the African Energy Chamber presented African Energy Week… +
The African Energy Chamber (AEC) supports the acquisition by Africa-focused British independent energy company Savannah Energy of oil and gas supermajor ExxonMobil’s entire upstream and midstream asset portfolio in Chad and Cameroon. The sale was closed on 9 December to the tune of $407 million. The announcement comes after Savannah… +
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… +
GE has been collaborating with energy stakeholders to deploy innovative technologies tailored to respond to the needs of the Sub-Saharan Africa region GE (http://www.GE.com) successfully executed Performance Improvement Package (PIP) upgrade on the third of six 6B gas turbines; project increased overall plant output by over 10 Megawatts (MW), while boosting… +
The meeting will then align viewpoints and reach a consensus on the content of the five regional standards in order to proceed to the harmonisation phase ABUJA, Nigeria, November 17, 2022 Experts in electrotechnical products standards are meeting in Dakar, Senegal from 15 to 17 November 2022 to exchange on… +
UTM Offshore to fast-track Nigeria’s gas development and unlock massive reserves for exploitation in the form of LNG into Africa, Europe and Asia for energy security, industrialization and clean cooking UTM Offshore will sign an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG)… +
