Kenya: African Development Bank commits more than €101 million to boost access to electricity
The project will improve electricity access for households, social infrastructure and micro, small and medium enterprises The Board of Directors of the African Development Bank Group on Wednesday approved a €101.10 million loan to Kenya to implement the third phase of the Last Mile Connectivity Project. The project will improve electricity access for households, social infrastructure […]
Djibouti Inaugurates Debut Wind Farm, a Milestone in Quest to be First African Country Fully Reliant on Green Energy
60MW plant boosts energy capacity by 50% while averting 252,500 tons of CO2; Further 45MW expansion planned by investment partners AFC (www.AfricaFC.org), FMO, CFM & GHIH; Energy security and independence, import substitution, industrialisation, job creation and economic stability are among the benefits to be delivered in line with UN SDGs. President Ismail Omar Guelleh on […]
In Kenya, 1.6 million people on low incomes now have access to electricity thanks to a project supported by the African Development Bank
The second phase of the Last Mile Connectivity Project, implemented in Kenya between 2016 and 2022, has helped improved access to electricity for low-income groups. At least 1.6 million people now have access to power, according to the Project Completion Report published by the African Development Bank on 11 August 2023. Funded with a loan […]
Burundi commits to double solar power capacity
Burundi has officially inaugurated the country’s first utility-scale solar field, as part of push to leverage renewable energy for improved access to electricity for homes and businesses. The grid-connected 7.5MW solar power plant, located in Mubuga, became operational in 2021. It has since then provided more than 10% of Burundi’s electricity. During the official inauguration, […]
Regulatory reforms will energize private sector participation in Africa’s electricity sector
A timely regulatory overhaul of Africa’s fledgling electricity sector will attract private sector investment and ensure energy security on the continent, stakeholders meeting at an electricity dialogue, have agreed. More than 600 million Africans have no access to electricity and Africa generates only 4% of the global energy. Despite vast opportunities in the development of […]
African Development Bank approves $28.49 million grant to enhance Ghana’s universal electrification goal
The Board of Directors of the African Development Bank (www.AfDB.org) has approved a grant of $28.49 million for Ghana to construct renewable energy infrastructure that will increase its renewable energy use by 10% through 2030. The financing, which will come from the Climate Investment Funds (CIF) (https://apo-opa.info/40Cg91m) – Scaling Up Renewable Energy Program in Low […]
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 […]
Natural Gas Is Key to a Just African Energy Transition
Natural gas has a critical part to play in the energy mix needed for the continent to meet its current and growing energy needs By NJ Ayuk, Executive Chairman, African Energy Chamber It would be an understatement to say Tanzania’s Songo Songo gas field has been good for the country and its citizens. Since 2004, […]
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Kenya: African Development Bank commits more than €101 million to boost access to electricity
The project will improve electricity access for households, social infrastructure and micro, small and medium enterprises The Board of Directors of the African Development Bank Group on Wednesday approved a €101.10 million loan to Kenya to implement the third phase of the Last Mile Connectivity Project. The project will improve electricity access for households, social infrastructure […]
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Oil Market Predictions and What They Mean for Africa
As the African Energy Chamber reports in our newly released “The State of African Energy 2024 Outlook,” we are forecasting a “relative calm” in the liquids market for the remainder of 2023 By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). Six months after the World Health Organization (WHO) declared COVID-19 is no longer a health […]
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Ministerial Panel to Unlock Regional Energy Potential at MSGBC 2023
MSGBC Oil, Gas & Power 2023 – which is organized by Energy Capital & Power – will open with a ministerial panel that will exchange insights and champion best practices in the regional energy sector NOUAKCHOTT, Mauritania, November 2, 2023 The MSGBC Oil, Gas & Power 2023 conference and exhibition (https://apo-opa.info/3snq6Ef), scheduled to begin in […]
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Djibouti Inaugurates Debut Wind Farm, a Milestone in Quest to be First African Country Fully Reliant on Green Energy
60MW plant boosts energy capacity by 50% while averting 252,500 tons of CO2; Further 45MW expansion planned by investment partners AFC (www.AfricaFC.org), FMO, CFM & GHIH; Energy security and independence, import substitution, industrialisation, job creation and economic stability are among the benefits to be delivered in line with UN SDGs. President Ismail Omar Guelleh on […]
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Gas Exporting Countries Forum (GECF) Secretary General to Advocate for Gas as the Sustainable Fuel of the Future at African Energy Week (AEW) 2023
Africa’s 620 trillion cubic feet of proven natural gas resources have strengthened the continent’s potential to drive economic growth, diversify revenue generation, while spearheading global energy security in conjunction with a transition to a cleaner energy future. Underpinned by efforts to monetize domestic gas resources, countries to the likes of Algeria, Nigeria, Equatorial Guinea, Angola […]
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In Kenya, 1.6 million people on low incomes now have access to electricity thanks to a project supported by the African Development Bank
The second phase of the Last Mile Connectivity Project, implemented in Kenya between 2016 and 2022, has helped improved access to electricity for low-income groups. At least 1.6 million people now have access to power, according to the Project Completion Report published by the African Development Bank on 11 August 2023. Funded with a loan […]
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Africa’s 25 Under 40 Energy Women Rising Stars
The African energy sector serves as a catalyst for global development, and in this dynamic industry that powers the modern world, a select group of remarkable women have emerged as trailblazers. The African Energy Chamber (AEC) (www.EnergyChamber.org) is proud to announce the “25 Under 40 Energy Women Rising Stars’ – individuals whose dedication, ingenuity and unwavering commitment serve […]
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South Africa’s Energy Ministry Has His Priorities Right; It’s Time for the World to Respect Them
By NJ Ayuk, Executive Chairman, African Energy Chamber (http://www.EnergyChamber.org) In a televised speech earlier this summer, South Africa’s Minister of Mineral Resources and Energy, Gwede Mantashe, pushed back strongly against environmental groups’ efforts to block oil and gas production in his country. Even before his speech, Mantashe has been an outspoken advocate for driving oil and […]
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Senegal to Receive €50m from Africa Finance Corporation to Boost Oil & Gas Industry
The Corporation’s investment in the Sangomar oil field will be used to drive the first phase of development towards achieving first oil, a key milestone in the advancement of the country’s hydrocarbons sector Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, is partnering with the Government of Senegal to fund the […]
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Natural Gas Is Key to a Just African Energy Transition
November 30, 2023
Oil Market Predictions and What They Mean for Africa
November 21, 2023