From darkness to light: Local bakeries and homes flourish under Benin’s new urban electricity project
The project is funded by the African Development Fund, the concessional window of the African Development Bank Group, which provided a $9.08 million loan and a $7.28 million grant The bustling sound of dough kneading fills the air at Pierre Gbenou Tito Dossou’s bakery in Okoun-Sèmè, Benin, as the once energy-starved business now hums along […]
Eritrea : A New Dam Inaugurated in Adi-Neamin
Adi-Neamin is one of the 13 administrative areas in the Logo-Anseba sub-zone and is located 16 km north of Mekerka A new dam with a capacity of holding 147,000 cubic meters of water was inaugurated on 3 August in the Adi-Neamin administrative area, Logo-Anseba subzone. Built at a cost of about 15 million Nakfa, the […]
Unlocking Renewable Energy Investments in Africa
Cape Town, South Africa: 7 May 2024 – As the global community intensifies efforts to combat climate change and transition towards sustainable energy sources, Africa stands at a pivotal crossroads in unlocking its renewable energy potential. With abundant natural resources and growing energy demand, the continent presents a unique opportunity for renewable energy investments that can […]
South Africa : Trina Solar, SOLA and Wilson Bayly Holmes Ovcon (WBHO) Signed Partnership to Launch 195MW Springbok Utility Project Using Vertex N Modules
Trina Solar, a global leader in smart PV and energy storage solutions, proudly announces the commencement of the groundbreaking Springbok project in collaboration with SOLA and WBHO, marking a significant milestone in South Africa’s renewable energy landscape. The signing ceremony for this monumental venture took place at Solar & Storage Live Africa, highlighting the importance […]
Geometric Power Commissions the Afreximbank-Backed 141 MW Aba Integrated Power Project
The Aba IPP is equipped with renowned world class infrastructure including three GE LM6000 Gas turbines, with a capacity to produce up to 47MW each The 141 MW Aba Integrated Power Project (Aba IPP), an Afreximbank-financed project , was officially commissioned in Abia State by the Vice President of the Federal Republic of Nigeria, H.E […]
Hinen Displays the latest Backup System at Solar Power Africa 2024
As a leader in the backup energy industry, Hinen proudly announced that it will display its latest Mini Series Backup System, as well as other backup power systems for homes and small businesses, at a conference held at Solar Power Africa from February 7th to 9th, 2024. These products not only have reliable power output […]
End Energy Colonialism and Let Africa Make its Choices on Natural Gas at Conference of the Parties (COP27) – African Energy Chamber
900 million Africans rely on solid biomass such as firewood and charcoal for cooking, which causes indoor pollution that kills 600,000 people a year Let’s look at African realities A kettle boiled twice a day by the rich and luxurious family of radical leftist group Extinction Rebellion’s (http://bit.ly/3GrFAM2) Chloé Farand in the France, uses five […]
Analysis: Dr. Benedict Oramah Provides Thoughtful, Balanced Insights into Africa’s Energy Future
By NJ Ayuk, Chairman, African Energy Chamber (www.EnergyChamber.org) Ahead of the November 2022 United Nations Climate Change Conference (more commonly known as COP27) in Egypt, Dr. Benedict Oramah, president and chair of Afreximbank, authored a thoughtful and compelling commentary about the economic and social impact of divestment from the production of fossil fuels in Africa. […]
The Role of Algeria, Egypt, and Nigeria in Africa’s Search for European Gas Market Share
This search has drawn attention to a number of African gas projects that are likely to help Europe in the future By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) The curtailment of Russian natural gas deliveries is a source of anxiety for the European Union — and rightly so, given that the bloc has […]
Long-Term Sales Contracts Could Be Key to Senegal’s, Mauritania’s Natural Gas Success
The deal calls for Kosmos to provide 2.45 million tonnes per annum (mtpa) of LNG for an initial term of up to 20 years By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) In 2020, rich natural gas resources offshore Mauritania and Senegal were the subject of the biggest long-term liquefied natural gas (LNG) contract […]
Senegal and Mauritania Are Rich in Resources, Poor in Infrastructure, Now Is the Time to Change That
More than 1 billion barrels (bbl) of oil and 40,000 billion cubic feet (bcf) of natural gas await extraction JOHANNESBURG, South Africa, July 18, 2022/APO Group/ — By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org/) Beneath the coastal waters of Senegal and neighboring Mauritania lie some of the largest oil and natural gas discoveries […]
No Better Time: African Oil and Gas CAPEX Spending Reflects Demand, Creates Opportunity
From 2023 to 2025, CAPEX growth is expected to experience a sharp upturn, eventually reaching approximately $52.7 billion By NJ Ayuk, Executive Chairman, African Energy Chamber (EnergyChamber.org) Against a backdrop of continuing global economic chaos, any information that suggests stability is well-received. Which is why the details about African oil and gas capital expenditures contained in […]
From darkness to light: Local bakeries and homes flourish under Benin’s new urban electricity project
The project is funded by the African Development Fund, the concessional window of the African Development Bank Group, which provided a $9.08 million loan and a $7.28 million grant The bustling sound of dough kneading fills the air at Pierre Gbenou Tito Dossou’s bakery in Okoun-Sèmè, Benin, as the once energy-starved business now hums along […]
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Sustainable Energy Solutions: How Perenco is Enabling Gas-Powered Industrial Growth across Africa
Following the launch of a gas-to-industry supply project in Cameroon, Perenco is set to unlock a new wave of investment and project development Reaffirming its unwavering dedication to Africa’s energy sector, independent hydrocarbon producer Perenco recently launched its first-ever gas-to-industry supply project in Cameroon. Last July, the company put into service the Bigapa Gas Processing […]
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Africa’s Energy Sector to Litigate Banks and Financiers for Financial Apartheid in Oil and Gas Sector
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 aimed at reducing support for […]
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Eritrea : A New Dam Inaugurated in Adi-Neamin
Adi-Neamin is one of the 13 administrative areas in the Logo-Anseba sub-zone and is located 16 km north of Mekerka A new dam with a capacity of holding 147,000 cubic meters of water was inaugurated on 3 August in the Adi-Neamin administrative area, Logo-Anseba subzone. Built at a cost of about 15 million Nakfa, the […]
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Policy Reform and Revitalization: The Key to Expanding South Africa’s Natural Gas Infrastructure
To support the expansion of its natural gas infrastructure and ensure a more prosperous future, there are several policy initiatives that South Africa should embrace By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). South Africa is in many ways one of the most modern countries in Africa, particularly with respect to electricity access. Yet […]
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The African Energy Chamber Announces 2024 Entries for the “25 Under 40 Energy Women Rising Stars”
The AEC invites all eligible women who are making significant strides in the energy sector to apply or nominate a deserving candidate The African Energy Chamber (AEC) (https://EnergyChamber.org) is proud to celebrate the 25 under 40 women leaders transforming the African energy landscape. As a catalyst for global development, the African energy sector powers the modern […]
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Establishment of the African Energy Bank (AEB): A Great Leap Towards the Continent’s Energy Independence
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 sustainable development. The AEB, a […]
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Afreximbank finalizes US$925 million accordion disbursement for Project Gazelle Funding Limited
This announcement follows the success of the first accordion tranche of the US$3.3 billion facility African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced an additional disbursement of US$925 million under the syndicated US$3.3 billion crude oil-backed prepayment facility sponsored by the Nigerian National Petroleum Company (NNPC) Limited. This brings the total current funded facility size to […]
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Sonatrach-ExxonMobil Gas Deal to Open New Play in the Ahnet-Gourara Basin
The deal signifies a pivotal step in Algeria’s hydrocarbon development, marking a strategic partnership aimed at tapping into the nation’s gas reserves Algeria’s state oil company Sonatrach and energy major ExxonMobil have signed a deal to develop two major gas fields in southern Algeria’s Ahnet and Gourara basins. The agreement, signed by Sonatrach’s Chief Executive Rachid […]
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TotalEnergies to Strengthen Exploration & Production (E&P) Activities in Congo with $600M Investment
On the back of recent investments, exploration and production updates and strong willingness by the government, the Republic of Congo is taking historic measures to ensure its oil and gas industry drives resource monetization and energy access throughout Africa Oil and gas supermajor TotalEnergies has announced that it will invest $600 million to strengthen exploration […]
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