Browsing: Energy

A total amount of 601.562 million dirhams (66.171 million dollars) in the form of a global dividend for the year…...

At the end of its meeting on January 29, 2026, the Board of Directors of the company Maghreb Oxygène S.A,…...

The DRC estimates the total investment cost for the construction of the Kinsuka hydroelectric power plant, located west of the…

Representatives of Petrosen Trading & Services SA and Allianz Senegal Assurances SA were at the commercial court of Dakar on…...

The Democratic Republic of Congo (DRC) and France are consolidating their energy partnership around the Inga 3 hydroelectric project. A…

General Manager of Vitach Guinea, Kaba Boubacar discusses, with Financial Afrik, the ongoing projects of his company, and the necessity…

African Export-Import Bank (Afreximbank) has announced the granting of a $1.75 billion syndicated trade finance facility in favor of Sonangol,…

Standard Bank has structured a $250 million financing for Aradel Energy, strengthening its leading role in financing the Nigerian oil…...

Effective since October 4, 2025, the 1% tax on all cash payments had not been applied by the Senegalese National…

The Norwegian police announced on Monday, January 26, the indictment of an oil company as well as two of its…...

In a statement released by the Ministry of Finance on January 20, 2026, the Congolese government mobilized nearly 192 million…

The Italian energy group Eni announced on Thursday, January 22, the signing of an agreement with SOCAR, the national oil…...

Coca-Cola group announced the upcoming launch of a new production unit located in Alexandria. The project was officially announced during…...

The Kenya Pipeline Company, the national oil transportation company in Kenya, has started the process of listing on the Nairobi…...

Announced by Prime Minister Ousmane Sonko on December 11th, the decrease in electricity prices will take effect from January 1st,…...

The Nigerian federal government has canceled a substantial portion of the debts inherited from the Nigerian National Petroleum Company Ltd.…

Egypt has signed a preliminary agreement to supply natural gas to Lebanon, consolidating its role as a regional energy hub…...

Senegal has officially presented its EITI 2024 Report, with data confirming its effective entry into the oil and gas era…

Ghanaian company Cybele Energy has officially strengthened its international presence by signing a production sharing agreement (PSA) for block S7…...

Dubai, December 8, 2025 – The BUTEC Group announced the successful closure of financing for a major project involving the…

London/Libreville, December 8, 2025 – Assala Energy has just surpassed a strategic threshold by reaching 57,068 barrels of oil per…...

The consolidated turnover of AFRIQUIA GAZ company (a subsidiary of AKWA Group, a Moroccan holding company encompassing around ten companies…...

Angola is reaching a strategic milestone in the development of its gas industry with the inauguration of its first national…...

At the outset, Sendou was supposed to be a symbol of energy sovereignty: 125 MW of baseload power, capable of…...

The consolidated turnover of Maghreb Oxygène S.A, specialized in the production, packaging, and marketing of industrial, medical, food, and specialty…...

d of the third quarter of 2025, the after-tax profit of Vivo Energy Côte d’Ivoire, specialized in the distribution of…...

Exxon Mobil has lifted the force majeure clause that has paralyzed its mega liquefied natural gas (LNG) project in Mozambique,…...

Algeria is reaching a new milestone in its energy industrialization strategy. Sonatrach, the national company, has indeed signed a $437…...

After two years of negotiations between Cameroon, accompanied by the firms KPMG Finance SAS, in terms of finance, and Chazai…...

TotalEnergies and Chevron are leading the competition to acquire an operational stake of 40% in Mopane, one of Galp’s key…...