Energy Features Headlines

African Union pushes for acceleration of electrification in the continent

Africa needs to accelerate the financing for energy access in the continent with clear targets and steps for ensuring the achievement of universal energy access by 2030 — this appeal was made during a recent presidential roundtable on the side-lines of the 36th Ordinary Session of the Assembly of the African Union (AU). The event […]

Africa Energy International

African Union pushes for acceleration of electrification in the continent

Africa needs to accelerate the financing for energy access in the continent with clear targets and steps for ensuring the achievement of universal energy access by 2030 — this appeal was made during a recent presidential roundtable on the side-lines of the 36th AU Summit. The event which was organized by the AU Commission (AUC) […]

Columns Energy Europe Headlines International Maghreb Morocco Opinions

Rabat, Madrid foil Algeria’s gas blackmail

When Algeria unilaterally cut gas supplies through the Maghreb-Europe gas pipeline in late 2021, it was expecting Morocco to succumb to darkness and electricity cuts. But none of that happened. Instead, a new energy partnership was forged with Spain giving the halted pipeline a new life. Spain received annually 2 million euros from Morocco for […]

Energy

London-based Perenco to invest $1bn in LNG production unit in Gabon

Independent Perenco has announced the investment of $1 billion for construction of a Liquefied Natural Gas unit in Gabon. The company-based in London said it presented the plan for the unit to the Minister of Oil and Gas, and the subsequent technical approval by the Gabonese authorities in December 2022. The unit will be located […]

Africa Energy Headlines International

Africa to double its share of global natural gas supply by 2050 — report

Africa’s gas share in the global market will increase from 6% of all gas supplies in 2021 to over 11% by 2050, according to a report by Gas Exporting Countries Forum (GECF). Gas production in the continent is forecast to increase from 260bn cubic meters in 2021, to 585bn cubic meters in 2050, on the […]

Africa Energy International

Senegal launches 120MW power plant

The President of Senegal Macky Sall inaugurated Saturday a power plant with a 120 Mega Watt output expected to provide energy to 500,000 households in and around the city of Thies, located West of the African country. The plant build in the town of Malicounda is a public and private partnership. The shareholders include state-run […]

Africa Emerging Markets Energy Headlines International

Nigeria predicted to become Africa’s biggest oil refiner by 2025 — report

Nigeria could become biggest oil refiner in the region by 2025, Hawilti, a pan-African investment research firm, has predicted, a prediction that comes as a surprise in light of the west African nation’s longstanding struggle with shortage of petroleum products for its population, Africa’s largest. According to Hawilti’s recent report titled “Refineries watch Q4 2022”, […]

Africa Energy Headlines International

DRC to expand exploration, mining of metals for green-energy transition

Exploration for nickel and chrome will begin ‘in the next few days’ in DR Congo’s southern, diamond-rich Kasai region, Congo’s president has said, adding that his country wants to position itself as a key source of the two strategically important metals in the green energy transition. Democratic Republic of Congo (DRC) wants to position itself […]

Business Emerging Markets Energy Features Headlines

US-led ‘partnership for ethical mining’ aims to protect communities, environment

Italy has become the latest country to join the US-led Mineral Security Partnership (MSP), announced in June last year, whose aim was to add ethical values to the entire critical minerals and batteries value chain. The announcement was made by the US Under Secretary of State for Economic Growth, Energy, and the Environment, Jose Fernandez, […]

Egypt Energy Europe

Egypt, Romania ink MoU to bolster cooperation in science, technology research

The “Funding Body of Science, Technology and Innovation” of the Egyptian Ministry of Higher Education and Scientific Research and Romanian Ministry of “Research, Innovation and Digital” have penned a Memorandum of understanding (MoU) to enhance cooperation in the field of science and technology. The agreement signed Sunday aims at enhancing cooperation between the two parties […]