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EBRD injects $40mn into Infinity Power to accelerate African expansion

The European Bank for Reconstruction and Development strengthens its commitment to renewables in Africa by supporting Infinity Power’s solar and wind expansion beyond Egypt.

Structural imbalances hinder the efficiency of public climate finance

The study by Özlem Onaran and Cem Oyvat highlights structural limits in public climate finance, underscoring the need for closer alignment with social and economic goals to strengthen the efficiency and resilience of public spending.

Ghana targets $16 billion in oil revenues despite declining production

Ghana aims to secure $16 billion in oil revenues over ten years, but the continued drop in production raises doubts about the sector’s long-term stability.
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Morocco sets conditional coal phase-out target from 2040

Morocco announces a coal exit target for 2040, subject to international support, while accelerating the deployment of renewable energy in its power mix.

Niger maintains oil cooperation with China despite growing demands

Niger hardens its stance on energy sovereignty but avoids breaking with China National Petroleum Corporation, its main oil industry partner, in order to safeguard export revenues.

Predator Oil & Gas launches sale process for its Guercif gas asset in Morocco

Faced with the absence of commercially viable results on the Guercif permit, Predator Oil & Gas has initiated a sale process while continuing technical evaluation of the gas potential.
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Senegal signs strategic agreement with two Canadian geo-energy companies

A three-year partnership has been signed between Senegal and two Quebec-based companies to develop the country’s geoscientific capacity and structure its energy sector through technological innovation.

Jihadist blockade in Mali disrupts fuel supply and electricity production

Prolonged attacks on fuel convoys have depleted stocks, destabilised power generation and disrupted economic activity in Bamako and surrounding regions.

Scatec signs two lease contracts for 64 MW of solar in West Africa

Norwegian firm Scatec expands its presence in West Africa with two solar projects totalling 64 MW and a 10 MWh storage system, under lease agreements signed in Liberia and Sierra Leone.
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SIR secures $105.6mn from BOAD for low-sulphur diesel complex

Société Ivoirienne de Raffinage receives major funding to upgrade facilities and produce diesel fuel in line with ECOWAS standards, with commissioning expected by 2029.

Empower New Energy signs major industrial solar deal in Tunisia

Norwegian developer Empower New Energy expands in North Africa with a strategic partnership involving ten industrial solar sites for self-consumption in Tunisia.

Côte d’Ivoire launches 50 MW solar project in Kong for CFA37bn

The 50 MW Kong solar power plant marks a new step in Côte d’Ivoire’s national grid expansion, with CFA37bn ($60.5mn) in funding and commissioning set for early 2027.
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EBRD and Qair in talks for €19mn financing of 100 MW solar plant in Gafsa

The European Bank for Reconstruction and Development is reviewing a loan for a 100 MW photovoltaic project led by Qair in Tunisia, backed by a long-term power purchase agreement with the national utility.

Jihadist blockade disrupts fuel supply across Mali

Fuel shortages now affect Bamako, struck in turn by a jihadist blockade targeting petroleum flows from Ivorian and Senegalese ports, severely disrupting national logistics.

TotalEnergies appoints Nicola Mavilla as global head of exploration

Nicola Mavilla succeeds Kevin McLachlan as TotalEnergies' Director of Exploration, bringing over two decades of international experience in the oil and gas industry.
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Senegal plans second refinery with 5.5 mn tonnes annual capacity

Senegal aims to double its oil refining capacity with a project estimated between $2bn and $5bn, as domestic demand exceeds current output.

Axian investit $670mn dans un projet hydroélectrique stratégique à Madagascar

Le groupe Axian renforce son portefeuille énergétique avec le projet de barrage de Volobe à Madagascar, une initiative estimée à $670mn visant à étendre l’accès à l’électricité dans un pays en proie à de fortes tensions sociales.

China’s clean tech exports reach $20bn in August

China set a record for clean technology exports in August, driven by surging sales of electric vehicles and batteries, with more than half of the growth coming from non-OECD markets.
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A dedicated company revives the $25bn Nigeria-Morocco pipeline project

The establishment of a dedicated entity marks a new phase for the Nigeria-Morocco pipeline, with tenders and the final investment decision expected by the end of 2025.

European Union unlocks €545mn to modernise African power grids

Nine African countries will receive €545mn ($638mn) in European Union funding to support rural electrification and strengthen regional renewable energy infrastructure.
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Air Liquide launches ammonia cracking unit to produce hydrogen
Schneider Electric establishes new North American headquarters at Boston’s Winthrop Center

Côte d’Ivoire: Oil Production Exceeds Initial Forecasts

Oil and gas production from the Baleine field in Côte d’Ivoire has surpassed expectations, reaching 85,000 barrels per day thanks to the progress of its first two phases, according to the government.

Mauritania and Senegal: A Strengthened Partnership Around Local Gas Content

Senegal and Mauritania bolster their energy cooperation with a groundbreaking agreement on local content within the Grand Tortue Ahmeyim (GTA) gas project, marking a step towards an inclusive and sustainable economy.

Germany Mobilizes 150 Billion Euros for a Partnership with Africa Around Hydrogen

Germany Mobilizes 150 Billion Euros for a Partnership with Africa Around Hydrogen
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Morocco modernizes its gas sector with a new law and a public operator

Morocco adopts a draft law structuring the natural gas industry, aiming for enhanced regulation and the establishment of a public operator to oversee infrastructure.

Senegal: Sangomar Exceeds Oil Production Targets for 2024

The offshore oil field Sangomar, operational since June 2024, has surpassed its annual forecasts with 16.9 million barrels produced, strengthening Senegal's strategic energy position.

Mauritania secures 27 million dollars to develop its energy sector

The Mauritanian government and the Millennium Challenge Corporation signed a 27 million USD grant agreement to modernize the country's electricity infrastructure and strengthen climate resilience.
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The Development of Strategic Electric Interconnections

Electric interconnections have reshaped global energy systems, enabling cross-border cooperation and economic stability. Rooted in Oxford Energy Institute research, this piece highlights key agreements, technological milestones, and the diplomatic strategies driving these transformative infrastructures.

Mauritania and Senegal Open a First Gas Well with 2.5 Million Tons Capacity

Senegal and Mauritania launch a strategic gas production project with the official opening of a shared well, marking a key step in their regional energy cooperation.

Niger Accuses Nigeria of Supporting an Attack on Strategic Pipeline

Niger accuses Nigeria of involvement in an attack on its pipeline to Benin. This incident highlights growing political and economic tensions in the region.
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Sierra Leone: an electric tricycle prototype to tackle pollution

In Freetown, James Samba, a 23-year-old student, is developing an electric tricycle made from recycled materials to reduce pollution in a country where 1,200 air-quality-related deaths were recorded in 2021.

The OPEC Fund approves nearly one billion dollars for strategic global projects

The OPEC Fund has validated a financing portfolio totaling nearly one billion dollars in the fourth quarter of 2024, distributed across structuring projects in governance, infrastructure, and trade in several strategic regions.

The IFC invests $30 million in an energy fund to strengthen its strategy in Africa

The International Finance Corporation (IFC) injects $30 million into Inspired Evolution Fund III, a fund focused on renewable energy, as part of its diversification and expansion strategy in Africa's growing markets.
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Morocco provides Niger with a 20 MW power plant to address supply deficits

Niger has received a 20 MW diesel power plant as a strategic donation from Morocco. This project aims to strengthen local production in a context marked by high dependency on Nigeria for energy supply.

The AfDB Funds a Historic 1.1 GW Wind Project in Egypt

The African Development Bank grants a $170 million loan for the Suez Wind Energy project. A strategic step to strengthen Egypt's leadership in renewable energy.

Katiola: $53 Million for a 50 MW Solar Power Plant in Côte d’Ivoire

A 50 MW solar power plant will be constructed in Katiola, Côte d’Ivoire. Fully financed by Katiola Solar Power, a subsidiary of JC-Monfort, this investment is valued at $53 million.
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The Anchois Gas Project in Morocco Suspended: Economic Viability in Question

Despite traces of gas identified at the Anchois-3 well, Energen announces the suspension of the offshore project in Morocco. The decision stems from low economic profitability, impacting the country's energy ambitions.

Côte d’Ivoire: €15 Million EU Funding to Accelerate Green Energy

Côte d’Ivoire partners with the European Union with €15 million investment to promote green energy, reinforcing its goal of achieving 45% renewables in its energy mix by 2030.

Nigeria-Morocco Gas Pipeline: Tenders to Begin in 2025

The Nigeria-Morocco gas pipeline project progresses with tenders planned for 2025. This strategic project aims to strengthen economic integration and energy supply in Africa and Europe.
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Namibia: Woodside Energy could join offshore oil exploration in 2025

Namibia's booming oil sector, bolstered by significant discoveries, could welcome Woodside Energy, which holds an option to engage in the offshore permit PEL 87 by May 2025.

VLGC freight rates remain low despite Panama Canal recovery

The easing of Panama Canal constraints and growing liquefied petroleum gas (LPG) fleet have kept Very Large Gas Carrier (VLGC) freight rates at historically low levels, with uncertain market prospects ahead.
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