First Independent Mena Newspaper
The director and chairperson of South Africa’s Central Energy Fund board has been dismissed, the minister of energy, Jeff Radebe said in a statement. The Central Energy Fund (CEF) manages defined energy interests on behalf of the government, including the development of the country’s oil and gas assets. The board of the CEF also oversees […]
The Government of Ghana and the United Nations Development Program (UNDP) will host an Investment Forum to discuss ways to crowd-in private sector investment for clean energy projects in Ghana that are financially viable. The forum will be a platform to discuss and showcase proven climate solutions and investment-ready climate action projects to attract support […]
The African Development Bank will double its climate finance commitments for the period 2020-2025, the Bank’s President announced at the One Planet Summit taking place in Nairobi. Akinwumi A. Adesina said that the Bank would commit at least $25 billion towards climate finance. Speaking at a plenary of the Summit Thursday in the presence of […]
The government of Burkina Faso has secured a $51 million deal from the European Union (EU) and the French Development Agency to support the construction of power transmission lines from Nigeria to Burkina Faso. The Dorsale Nord project features 880 km of high-voltage transmission lines from Birnin Kebi in Nigeria to Ouagadougou in Burkina Faso. […]
Qatar Petroleum has joined the Italian oil company ENI and Morocco’s Office for Hydrocarbons and Mining ONHYM to explore for oil and gas off Tarfaya. ENI and Qatar Petroleum have signed an agreement on Wednesday allowing the Qatari company to acquire a 30% stake in the offshore concession of Tarfaya, including 12 blocks of exploration […]
The Rural Electrification Agency of Uganda has received funds for the acquisition of supply and delivery of self-protected distribution transformers. Self-protecting distribution transformers incorporate a circuit-breaking safety system that shuts down the transformer in the event of an internal fault. The Rural Electrification Agency in a notice release earlier this week invites sealed bids […]
The Johannesburg Securities Exchange (JSE)-listed AEP Energy will convert the two diesel-fired Nairobi power plants it’s acquiring from Iberafrica to gas-fired generators whose electricity is cleaner and cheaper, the company said. The South African giant is buying out Spanish company Naturgy Energy Group, which held 100 per cent shareholding in the Iberafrica diesel plants […]
The World Bank will soon launch a new program aimed at fast-tracking offshore wind energy in Africa and other developing countries, the Washington-based group said. According to Riccardo Puliti, senior director and head of energy and extractives at the World Bank, the International Finance Corporation (IFC) will join the group in helping emerging markets assess […]
Algeria’s state-owned oil and gas company will launch offshore drilling with France’s Total and Italy’s ENI on the eastern coast between Bejaia and Skikda for the first time in its history. According to Sonatrach’s Director for New Resources, Youcef Khankar, the campaign will begin in the second half of the year, with 2D and 3D […]
Winch Energy Ltd, a global energy developer and technology integrator focusing on off-grid renewable power projects has announced that it has signed a contract with the Ministry of Energy in Sierra Leone to provide electricity to 24 towns and villages. The project that will be implemented in northern Sierra Leone through solar mini-grids is part […]