Browsing: Energy

Sahara Energy Resource Limited has successfully closed an unsecured and committed $225 million revolving credit facility (RCF) to strengthen its…...

The construction of the High Grand Falls dam, with a cost of 337 billion Kenyan shillings (approximately $2.61 billion), has…...

The Organization of the Petroleum Exporting Countries (OPEC) predicts a sustained increase in global oil demand in the medium and…...

Independent power producer Globeleq, based in Cape Town, and its partner African Rainbow Energy have finalized the financing for the…...

International oil companies BP and Shell have signed cooperation agreements with the National Oil Corporation (NOC) of Libya to conduct…...

The independent Franco-British oil and gas company Perenco, and Gabon Oil Company (GOC), the national oil and gas company of…...

Rabat, July 4, 2025 – ESSEC Business School confirms the success of the Chair “Business and Industry in Africa” launched…

In a report from June 2025 following the seventh review of the economic and financial program with Cameroon, the International…...

Khalda Petroleum, in partnership with Apache Corporation, has made significant advances in its drilling operations in the Western Desert, allowing…...

British International Investment (BII), the UK’s development bank, has announced investments of over $300 million to support two flagship projects…...

The African Export-Import Bank (Afreximbank) has finalized the increase of its reserve-based lending facility granted to Oando Oil Limited, bringing…

ENGIE North Africa has appointed Rik De Buyserie, a Belgian national, as Chief Executive Officer, succeeding Loïc Jaegert-Huber. This strategic…...

The African Development Bank (AfDB) has approved a $474.6 million loan to South Africa to modernize its infrastructure and green…...

TotalEnergies, the oil giant, plans to resume operations of its $20 billion LNG project in Mozambique before the end of…...

Eni, the Italian oil and gas group, inaugurated on Saturday, June 28, 2025, a vegetable oil production plant in Loudima,…...

Ethiopia will start exporting crude oil to the international market for the first time in its history starting from September,…...

Algeria aims to export one million tons of green hydrogen per year by 2040. The announcement was made by the…...

The British government has ended its support for the Xlinks project, which was supposed to transport solar and wind energy…...

Egypt is preparing to triple its liquefied natural gas (LNG) import capacity, reaching 2,250 million cubic feet per day as…...

The Libyan National Oil Company (NOC) has signed a memorandum of understanding with the Turkish Petroleum Corporation (TPAO) for the…...

The Egyptian Natural Gas Holding Company (EGAS) has awarded six new natural gas exploration blocks to several international companies, with…...

Burundi has officially commissioned the Jiji hydroelectric power plant, located in the province of Bururi. With a capacity of 49.5…...

The energy transition in Zambia takes a major step forward with the signing of a $26.5 million financing agreement for…...

For the 2024 fiscal year, shareholders of TotalEnergies Marketing Senegal, a subsidiary of TotalEnergies, will receive a total net dividend…...

The signing of an agreement last April between Sunrev Solar, a Chinese giant in solar components, and the authorities of…...

The Olkaria geothermal project by the public company Kenya Electricity Generating Company (KenGen) is 70% completed and has received key…

Octopus Energy, a British group active in clean energy technologies, announced on Wednesday, June 18, the launch of its first…...

Nigeria is reaching a new milestone in its energy strategy. For the first time, a shipment of 90,000 tons of…

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…...