Category: Energy

Africa’s palm oil sector to see prices falling in 2023 as output rises

March 23, 2023

Although palm oil production has been linked to environmental damage and human rights abuses, it remains an important industry providing jobs and contributing to economic ... Read More

Australian firm Fortescue Metals plans 300 MW green ammonia plant in Kenya

March 21, 2023

Australian firm Fortescue Metals is planning to develop a 300 megawatts (MW) green ammonia and fertiliser facility in Kenya. The project could soon start as ... Read More

Libyans reject Tunisia’s President claims to offshore oil field

March 20, 2023

Tunisian President Kais Saied continues to stir controversies. After uttering racist comments against Sub-Saharan Africans, the President claimed that Tunisia should have a 50% stake ... Read More

Africa’s green hydrogen potential, vital for Europe’s future energy security

March 19, 2023

The European Union is eyeing the potential of Africa’s yet-to-be-developed green hydrogen industry, deepening climate and energy partnerships in the process, as evidenced by the ... Read More

Paris-headquartered Maurel & Prom pledges to invest $85m in Gabon

March 16, 2023

Maurel & Prom, an oil company based in Paris, has announced it will invest $85 million to develop its activities in Gabon this year after ... Read More

Afreximbank poised to help Senegal raise $500m

March 16, 2023

The African Export-Import Bank (Afreximbank) is in advanced discussion with Senegal’s oil refiner to raise $500 million in syndicated finance, a senior official of the ... Read More

Morocco’s Wind Energy Industry to contribute $1.7 Bln in Country’s Economy

March 15, 2023

The wind energy Industry in Morocco is expected to create 75,000 additional jobs and contribute $1.2 billion in the country’s economy during the four coming ... Read More

Climate Change Performance: Morocco ranks 7th in global ranking

March 14, 2023

Morocco rises one spot to 7th global ranking in this year’s Climate Change Performance Index (CCPI). As in the previous two years, Morocco rates high ... Read More

Uganda set to become Africa’s third nuclear-powered country by 2031

March 14, 2023

The Ugandan government has announced its plan to construct the country's 1st — and likely Africa’s 3rd — nuclear facility, the Buyende Nuclear Power Plant, ... Read More

London-listed Chariot completes FEED, seeks EPC proposals for Anchois gas project in Morocco

March 13, 2023

London-listed Chariot, an Africa-focused transitional energy company, has completed the Front-End Engineering and Design (FEED) on the key components of its flagship Anchois gas development ... Read More