Browsing: Energy

The African Development Bank (AfDB) has approved financing of 19.6 million euros for the second phase of the Cabeólica expansion…...

After securing a financing of $184.1 million from the African Development Bank (AfDB) last week, Egypt now benefits from two…...

The Togolese government plans to mobilize 3 billion dollars, including 1.68 billion from the private sector, to finance a National…

Kenya has started formal talks to increase electricity imports from Ethiopia amid rising demand. The Kenya Power and Lighting Company…...

African traders in petrol, diesel and jet fuel among other oil products are set to benefit from a $3 billion…...

The government of Uganda has signed a deal with UAE-based Alpha MBM Investments for a 60 percent stake in a…...

Uganda’s largest electricity distributor, Umeme Limited said on Monday that it had received $118 million in compensation from the government…...

Tunisia has signed a Memorandum of Understanding (MoU) with the African Trade Insurance Agency (ATIDI), marking a significant step in…...

On 6 March 2025, Africa Global Logistics Congo was awarded the best carrier compliance inspection (ICT) performance prize at the…

Authorities in Uganda have been working quickly to make sure that Umeme’s departure at the end of this month will…...

Tanzania has defended a controversial agreement to import electricity from Ethiopia in a bid to address the frequent power outages.…...

The Federal Democratic Republic of Ethiopia, represented by the Ministry of Finance and Ethiopian Electric Power (EEP), has signed a…

Kenya’s cabinet has approved the extension of the government to government oil deal with Gulf-based companies. In a dispatch on…...

South Sudan has signed a deal with Chinese firm Shengli Oilfield Keer Engineering and Construction Company (SOKEC) to construct an…...

By Marc Thiriet, Director, Africa, Wärtsilä Energy It is no longer disputed that solar and wind power will be the…

Gabon Oil Company (GOC) has signed a six-month exclusive agreement with Premier Invest on the financing of GOC’s acquisition of…

The Central Bank of Mauritius and its Moroccan counterpart, Bank Al-Maghrib, have released a joint report titled “Combating Money Laundering…...

Kinshasa, February 12, 2024 – The Government of the Democratic Republic of the Congo (DRC) has announced significant progress in…

From our Special Envoy to Djibouti, Abdoulaye Ba In Djibouti, the day after the inauguration of the Red Sea Power…

Senegalese President Macky Sall is a respected leader, both in his country and globally. He has served as chairman of…

Nairobi, 5 September 2023. CYNK, Africa’s first verifiable emissions reduction platform, has announced a landmark carbon forwards trade of over…

Africa’s just energy transition should deliver affordable and clean energy through leveraging partnerships to unlock and increase financing, development experts…

With funding from the World Bank, the Ministry of Petroleum of Mauritania has contracted with a Consortium of international companies…

As a logical follow-up to the recent development of its gas strategy (Gas Master Plan), Mauritania has just launched -…

Egypt and Sudan each condemned, on Monday, February 21, the start of electricity production from the Grand Renaissance Dam (GERD)…...

In Ethiopia, Prime Minister Abiy Ahmed inaugurated this Sunday, February 20, the production of electricity from the great Renaissance dam…...

The Fund for the Development of Exports in Africa (Feda), a subsidiary of Afreximbank, wants to encourage industries to reduce…...

Ghana is to receive a USD 27.39 million grant from the African Development Bank (AfDB) for the development of mini-grids…

In the Democratic Republic of the Congo, the government increased the prices of petroleum products for the western zone, including…...

French asset management company, Eiffel Investment Group, is seeking to raise $200 million in bridging loans to invest in accelerating…