Africa Energy Headlines International

Togo to bring rural electrification rate to 50% by 2030

In Togo, the government of Faure Gnassingbé has announced its intention to electrify 14 rural areas of the country with off-grid solar energy. The move follows several other projects in the country with the aim of achieving 50% access to electricity in rural areas by 2030. The initiative will be implemented with the support of […]

Energy Europe Headlines International Morocco

WPC: Total urges states to take action in CO2 reduction

French oil giant Total Monday called on leaders of the world to introduce policies to address CO2 emission as major polluters are state-run oil and gas companies. The World Policy Conference (WPC) held Monday a plenary session under the theme “Climate and the environment” moderated by former French Prime Minister and foreign minister Laurent Fabius. […]

Africa Energy Headlines International

AfDB to Set Up Climate Change Funds & Green Banks in Africa

The African Development Bank has asked the Coalition for Green Capital (CGC) to make a study on the creation of national climate change funds and green banks in Africa. CGC will work with six African countries to conduct feasibility studies for the project, which was launched at the Green Bank Design Summit held in Paris […]

Africa Energy Headlines International Morocco

Morocco’s ONEE to promote rural electrification in Niger

Morocco’s National Office of Electricity and Drinking Water (ONEE) has signed an agreement with Niger’s Agency for the Promotion of Electrification in Rural Areas (ANPER) to improve access to electricity in rural communities of the West African nation. Under the agreement signed last week in Rabat by ONEE and ANPER heads, Abderrahim El Hafidi and […]

Algeria Energy Headlines Maghreb

Algeria, net gas importing country in 2030, official

Algeria risks becoming a net gas importing country as its domestic production continues to be devoured by a rising consumption that could turn the country into a net gas importer in ten years, head of oil and gas at the ministry of energy Mustapha Hanafi said. Domestic gas consumption has grown faster than gas production […]

Africa Energy Headlines International

Climate change: Nigeria gets €150 million from the EU

The European Union has allocated Nigeria €150 million to help the West African nation meet the challenges of climate change. According to Ketil Karlsen, the head of the EU delegation in Nigeria, the funding will be mainly used to develop renewable energy projects. The EU official also announced that another €8 million will be earmarked […]

Africa Energy Headlines International

Senegal: Kosmos Energy confirms large-scale gas find offshore

The US oil and gas exploration company, Kosmos Energy has confirmed a large-scale gas find at its Yakaar-2 appraisal well, offshore Senegal. In a statement released this week, Kosmos said the Yakaar-2 appraisal well has encountered approximately 30 meters of net gas pay in a similar high-quality Cenomanian reservoir to the Yakaar-1 exploration well, continuing […]

Africa Energy Finance Headlines International

G5 Sahel: AfDB raises about $270 mln to strengthen infrastructure & resilience

The African Development Bank (AfDB) has announced a contribution of $267 million to finance the implementation of the Priority Investment Program (PIP) of the G5 Sahel. The Priority Investment Program is a 14.8-billion-dollar program addressing development needs in governance, security, economic resilience, and infrastructure in the Sahel region. The program aims to improve the living […]

Africa Energy Headlines International

Angola to install 30,000 solar energy production systems

The Angolan government plans to install about 30,000 solar photovoltaic systems in rural areas to produce 600 MW of electricity in the Central African nation. According to Angolan Minister of Energy and Water, João Baptista Borges, the government was considering increasing the rate of access to electricity, especially in rural areas. Currently, less than 40% […]

Energy Finance Headlines Maghreb Morocco

Moroccan energy efficiency project wins €20 million financing

A Moroccan energy efficiency project has been selected in an international competition to receive a €20 million funding from the NAMA Facility. The Moroccan project, Integration of energy efficiency in the building sector, has received a €20 million fund from the Nama Facility, an international climate finance program that seeks to encourage ambitious action on […]