The COVID-19 pandemic and the ongoing war in Ukraine have been pushing many electric grid utilities in Africa — which have long been strapped for cash — close to financial collapse, whereby this situation is in turn also slowing down the continent’s clean energy transition. Ghana’s electric grid is in dire straits. In the mid-2010s, […]
Sound Energy has stricken a deal to acquire all of Oil & Gas Investment Fund’s (OGIF) assets in Eastern Morocco – that includes 20% Tendrara, 75% of the Meridja project and a 75% stake in acreage close to Tendrara. Sound Energy will thus acquire the OGIF’s hydrocarbon assets in eastern Morocco in exchange for 272m […]
South Sudan’s transitional government and rebel opposition groups signed a “commitment declaration” on Thursday (16 May), pledging to support efforts to end hostilities and promote inclusive growth in the conflict-torn country. The peace deal, signed during high-level mediation talks in Kenya, is widely seen as a “first milestone”, according to Kenya’s foreign office, toward reaching […]
