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Liberia

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.
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.

Atlas-Oranto secures four offshore blocks to revive oil exploration in Liberia

The Liberian government awarded four offshore oil blocks to Nigerian company Atlas-Oranto for $12 million, strengthening the regional presence of African junior players in offshore exploration.
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TotalEnergies secures four offshore oil exploration blocks in Liberia
TotalEnergies has signed four production sharing contracts for offshore blocks covering 12,700 km² off the coast of Liberia, marking a new step in the expansion of its activities in West Africa.
Sierra Leone launches extensive offshore oil exploration with 60 potential blocks
Sierra Leone relaunches an ambitious offshore exploration campaign, using a 3D seismic survey to evaluate up to 60 potential oil blocks before opening a new licensing round as early as next October.

Octopus Energy launches $60 million fund for African energy

Octopus Energy Generation announces an initial $60 million fund dedicated to financing energy infrastructure projects in Sub-Saharan Africa, aiming to raise $250 million over three years, in partnership with Pembani Remgro Infrastructure Managers.
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Liberia mobilises $300mn for its power grid but still faces a 51.8% supply gap
Despite increased generation capacity and lower tariffs, Liberia continues to rely on electricity imports to meet growing demand, particularly during the dry season.
Craig Steinke appointed CEO of BluEnergies following James Deckelman’s departure
BluEnergies Ltd. has announced the immediate appointment of Craig Steinke as Chief Executive Officer, succeeding James Deckelman, who is stepping down for personal reasons.

Liberia: A €107M Energy Project to Modernize the Electricity Network

Liberia Electricity Corporation (LEC), in partnership with the European Union and other financial institutions, has launched the Liberia Energy Efficiency and Access Project (LEEAP). With a budget of €107 million, this initiative aims to improve electricity access and energy efficiency in the country.
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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.
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.

Millennium Challenge Corporation Funds the Expansion of Sierra Leone’s Electric Grid

Sierra Leone receives a 480-million-USD investment from the Millennium Challenge Corporation to strengthen its electricity infrastructure and provide reliable power to 4.6 million people, targeting sustainability and sector efficiency.
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Russian oil exports bypass Suez to set Asian record
In July 2024, Russian seaborne exports of petroleum products to Asia doubled to 1.1 million tonnes, with increased use of the Cape of Good Hope route to avoid the Suez Canal.
Sierra Leone and Infinity Power sign 1GW agreement
Infinity Power and Sierra Leone's Ministry of Energy have signed an agreement to develop 1GW of renewable energy by 2033, aimed at improving energy access and supporting the country's environmental goals.
Énergie renouvelable en Sierra Leone

New Energy Project in Sierra Leone: A Historic Expansion

The Sierra Leonean government inaugurates a new gas-fired thermal power plant designed to double the country's energy capacity, marking a crucial step for a country where access to electricity remains limited.
Nouveau Projet Énergétique en Sierra Leone : Une Expansion Historique.
Togo moves ahead with new solar project in Dapaong
Togo launches an international call for tenders for a new photovoltaic solar power plant in Dapaong, with an investment of $60 million.
Le Togo progresse dans le renforcement de son infrastructure énergétique avec une nouvelle centrale solaire située à Dapaong.
Energy crisis in Sierra Leone: Energy Minister resigns
Sierra Leone's Minister of Energy, Alhadji Kanja Sesay, has resigned amid tensions over power supply, compounded by large debts.
Démission ministre énergie Sierra Leone

Inauguration of Côte d’Ivoire’s first solar power plant

Côte d'Ivoire inaugurates its first solar power plant, marking a key step towards the country's goal of 45% renewable energy by 2030.
Côte d'Ivoire centrale solaire
New US sanctions target Iran’s energy sector
Washington is targeting the Iranian network to curb the financing of regional activities via the trade in energy products.
Sanctions USA Commerce Iran Houtis
Guinean Economy Paralyzed Following Fuel Depot Fire
Ten days after the devastating fire at Conakry's main fuel depot, Guinea faces a major economic stalemate, exacerbating the anger and despair of its population.
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