Browsing: Energy

With an estimated investment of $1.1 billion, Zambia launched construction work on an oil refinery in Ndola on April 10,…

The Democratic Republic of the Congo (DRC) is considering sourcing petroleum products from the Dangote refinery in Nigeria. The Ministry…...

In its latest macroeconomic assessments, the International Monetary Fund (IMF) warns about the growing impact of the state takeover of…

BP multinational announced on April 8, 2026, a new natural gas discovery in the Eastern Mediterranean, off the coast of…

Liquid petroleum gas (LPG) distributors have announced the suspension of their activities for a period of 48 hours, on April…...

In Cameroon, LNG export revenues have decreased from 381 billion XAF (around 680 million USD) in 2024 to 350.2 billion…

Egypt and the Italian energy group Eni announced on Tuesday, April 7, 2026, the discovery of a significant offshore natural…

The Gulf of Suez Petroleum Company (GUPCO), a joint venture between the Egyptian General Petroleum Corporation (EGPC) and Dragon Oil,…

On a debt of 15 billion XAF (about 26.4 million USD) owed to the Turkish company Karpowership, the Gabonese State…...

Two major events dedicated to African energy scheduled for almost simultaneous dates in Europe in May 2026, and tensions are…...

AXIAN Energy, a renewable energy producer, has finalized the financing of a major solar project in southern Senegal, strengthening the…

AXIAN Energy reaches a decisive milestone in Senegal. The group announced on April 2, 2026 the financial closing of the…...

The consolidated profit of Taqa Morocco, a subsidiary of the Abu Dhabi National Energy Company and the leading private electricity…

Nouakchott hosted, on Tuesday, March 24, 2026, the launch workshop of the project “technical assistance for the program of affordable…

Under the ongoing tensions in the Middle East, particularly the war in Iran, and the volatility of energy prices, Mauritania…

The Senegalese National Electricity Company (Senelec) has committed to the challenge of modernizing, streamlining, and making its financial management more…...

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…...