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Amid energy crisis, EU gives gas-rich Mozambique’s security big boost

The European Union is planning a five-fold increase in financial support to 2024 for the mission of the Southern African Development Community’s (SADC) in Mozambique, according to an internal EU document, as Islamist attacks threaten gas projects meant to reduce the EU’s reliance on Russian energy. The SADC mission — a bloc of 16 African […]

New gas discovery boosts Mauritania and Senegal production potential

Gas production potential bodes well for both Mauritania and Senegal after 30 meters of net gas pay was found in the greater Tortue Ahmeyim offshore project on the border between the two West African nations. The finding was made by Dallas-based operator Kosmos Energy, which has a joint-venture with BP in the area as well […]

Tunisia: EU Expected to Double Monetary Assistance to €300 Million

The European Union is moving to scale up the bloc’s financial assistance to Tunisia, as proposed by its foreign policy chief Federica Mogherini. Mogherini proposed in Brussels on Thursday to double the assistance, currently estimated at €170 million per annum, to enable the North African country to focus on youth employment, social development and assistance […]