Reconnaissance Energy Africa Ltd. enters Gabonese offshore with a strategic contract on the Ngulu block, expanding its portfolio with immediate production potential and long-term development opportunities.
The Grand Renaissance Dam, set to be inaugurated in September, aims to produce 5,000 megawatts and could generate up to $1 billion per year for Ethiopia, according to the government.
Tullow marks a strategic milestone in 2025 with the sale of its subsidiaries in Gabon and Kenya, the extension of its Ghanaian licences, and the optimisation of its financial structure.
Solarise Africa secures $3.3mn in financing from Mergence Investment Managers to accelerate the deployment of solar systems for the commercial and industrial sector in Africa.
Kenya registers a historic record in electricity consumption, driven by industrial growth and a strong contribution from geothermal and hydropower plants operated by Kenya Electricity Generating Company PLC.
VAALCO Energy continues to operate the Baobab field by renovating its floating platform, despite modest production. This strategy aims to maintain stable profitability at low cost.
Libreville is intensifying the promotion of deep-water blocks, still seventy-two % unexplored, to offset the two hundred thousand barrels-per-day production drop recorded last year, according to GlobalData.
Globeleq and African Trade & Investment Development Insurance finalise a payment guarantee for the Menengai geothermal project (35 MW), securing financing ahead of its planned operational launch in Kenya.
Globeleq and African Rainbow Energy finalise commercial agreements for a 153 MW energy storage project in South Africa, aimed at enhancing national grid stability and optimising peak energy management.
Port-au-Prince is without electricity after residents of Mirebalais forcibly shut down a hydroelectric plant protesting government inaction amid escalating gang-related violence.
BW Offshore has handed over the operations of the FPSO BW Adolo to BW Energy Gabon while retaining ownership and the vessel lease under previously agreed terms.
In Kenya, China is consolidating its dominant position in the energy sector through massive exports of clean technologies and major infrastructure contracts, as Nairobi accelerates its energy and industrial targets for 2030.
The International Court of Justice ruled on the validity of treaties between Gabon and Equatorial Guinea over three strategic offshore islets potentially rich in oil.
Faced with the heavy debts of emerging countries, China is shifting its strategy in Africa, reducing massive loans in favour of targeted commercial investments as Western competition intensifies around clean energy technologies.
SOGARA is launching a two-phase modernisation programme to increase the country's energy autonomy by 2030, with financing primarily from external sources.
The DBM-1 ST2 appraisal well confirms a significant oil discovery offshore Gabon. The Bourdon project could add up to 25 million recoverable barrels to BW Energy's reserves, further strengthening the Dussafu licence development.
Tullow Oil sold its stakes in the Lokichar Basin to Gulf Energy while retaining a future entry right, marking a new step in its debt reduction strategy in Kenya.
The "Forecasting Green Jobs in Africa" report by FSD Africa and Shortlist reveals the potential to create millions of green jobs on the continent by 2030, focusing on key sectors like energy, agriculture, and sustainable mobility.
African economies dependent on oil are stagnating, growing at half the rate of the rest of the region. The IMF highlights a lack of diversification and investment as key factors behind this lag.
BW Energy plans to reach a production of 40,000 barrels per day off the coast of Gabon by the end of 2024, thanks to an intensive drilling campaign in the Dussafu block.
The Gabon Oil Company (GOC) strengthens its position in the oil sector by purchasing 15% of Baudroie shares, previously owned by TotalEnergies. This acquisition aims to increase national production.
Africa is resolutely moving towards a renewable energy transition, combining economic growth with addressing the energy needs of 1.5 billion inhabitants. This evolution presents both strategic opportunities and complex challenges.
Adani Group, a leader in renewable energy, plans to develop 10 GW of hydroelectric capacity in several Asian and African countries, including Bhutan, Nepal, Kenya, and Vietnam, to strengthen its green portfolio and achieve carbon neutrality by 2050.
Gabon has filed a request before the International Court of Justice (ICJ) to assert its sovereignty over three oil-rich islets, contested by Equatorial Guinea, marking a new stage in their long-standing territorial dispute.
Gabon and Equatorial Guinea have been at odds over three islets since the 1970s. The International Court of Justice (ICJ) has been called upon to determine the applicable legal documents in this high-stakes dispute with major economic and strategic implications.
Uganda boosts its energy capacity with the opening of the Karuma hydropower plant, financed by China to the tune of 1.7 billion dollars, marking a new stage in Sino-Ugandan cooperation.
Colombia, Kenya, Cambodia, Mexico and Peru are the leaders in the voluntary carbon credit market, thanks to regulatory advances and investor-friendly policies.
Energy information systems are a strategic lever for governments to monitor their energy transition and decarbonization objectives, but their implementation remains uneven.
Tsuchiyu Onsen, a Japanese region renowned for its hot springs, is implementing a strategy to integrate geothermal production into its tourism sector, illustrating a local energy management model.
A power failure paralyzes Nairobi and six regions of Kenya, affecting millions of people.
Backup systems at Jomo Kenyatta airport ensure continued operations.
Gabonese President Brice Oligui Nguema decides on the provisional administration of SEEG, in response to serious malfunctions and internal financial tensions.
Orca Energy, via PanAfrican Energy Tanzania, has not found a solution to the negotiations with Tanzania Petroleum Development Corporation concerning the gas sales contract and the Songo Songo license extension.
ENGIE Energy Access is preparing to deploy 15 solar mini-grids in Zambia's Eastern Province, with a target of 60 installations by 2025. This project, financed by the European Development Fund and the European Union, aims to improve access to electricity for local families and small businesses.
