ReconAfrica Gets Clearance to Drill 12 New Wells in Namibia
The Namibian government, through the Office of the Environmental Commissioner in the Ministry of Environment, Forestry and Tourism, has awarded Canadian oil and gas company... Read More
News
Angola’s Cabinda Refinery Secures $335M Credit Facility
Emerging markets asset manager Gemcorp has mobilized a $335 million financing facility for the construction of the Cabinda oil refinery in Angola alongside finance organizations,... Read More
UK Court Rules in Favor of Mozambique LNG Project
The United Kingdom Supreme Court has ruled in favor of the Mozambique Liquefied Natural Gas (LNG) development – an integrated offshore gas field and onshore LNG facility... Read More
Eco cement to accelerate green construction in West Africa
Lafarge Africa, a leading innovative and sustainable building solutions company, has launched an Eco Label brand to communicate the benefits of its sustainable building solutions... Read More
Tanzania LNG to Ink Host Government Agreement in July
Tanzania is set to sign a Host Government Agreement (HGA) with energy majors Shell, Equinor and ExxonMobil for the country’s $42 billion liquefied natural gas (LNG) development... Read More
Angola and the DRC to Ink Block 14 Agreement on July 13
The Democratic Republic of the Congo’s Hydrocarbons Minister Didier Budimbu and his Angolan counterpart Diamantino Pedro Azevedo have agreed to sign the Memorandum of Understanding... Read More
Angola to Complete Privatization of Sonangol by 2026
Angola’s Institute for Management of State Assets and Stakes (IGAPE) has indicated that the Government plans to complete the privatization of the country’s National Oil Company (NOC)... Read More
Senegal Inks $2.7B Climate Financing Deal with G7 Nations, EU
Senegal has taken an important step towards its energy transformation ambitions by signing a $2.7 billion Just Energy Transition Partnership (JET-P) contract with G7 nations... Read More
Deutsche Bank Closes Financing for $305M Road Project in Angola
Investment banking company Deutsche Bank, with the support of pan-African financial institution the African Trade Insurance Agency (ATI), has announced the close of a $305... Read More
Senegal, Kenya Join the International Energy Agency
The Republic of Kenya and the Republic of Senegal have joined the International Energy Agency (IEA) as Association Countries, following approval by the IEA’s Governing... Read More
BP Subsidiary to Sell 50% Stake in Maputo Airport Fuelling to Petromoc 
Nigerian President: Fuel Subsidy Removal Saves $1.32B in 2 Months 
Tanzania’s Fuel Prices Surge Amid Cross-Border Fuel Sourcing 
Israel to power Zambia with $100m. solar-wind energy project