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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.

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.

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.
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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.

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.

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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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.

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.
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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.

Vitol acquires 30% of Baleine oil field in Côte d’Ivoire from Eni

Vitol strengthens its presence in West Africa by acquiring a 30% stake in the Baleine oil field from Eni, while maintaining an active role in the country’s offshore development.

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.

Axian and Sika invest €45 million in four solar power plants in Benin

Four photovoltaic plants totaling 50 MW will be built in Benin by Axian Energy and Sika Capital to strengthen the share of renewables in the country’s energy mix.

Resumption of drilling at Sèmè field: Benin restarts its oil production

After twenty-seven years of inactivity, the offshore Sèmè field sees operations restart under the direction of Akrake Petroleum, with production targeted by the end of 2025.
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Infinity Power secures two 80 MW solar concessions in Côte d’Ivoire

Infinity Power and the Ivorian government have signed two concession agreements for photovoltaic plants totalling 80 MW, under the World Bank’s Scaling Solar programme.

Vaalco Energy posts net income of $8.4 mn in second quarter 2025

The US oil company recorded sales and production above its forecasts, despite lower crude prices and reduced profit compared to 2024.

Petrobras posts net profit of R$ 26.7 billion in the second quarter of 2025

Higher oil and gas production allowed Petrobras to offset the drop in Brent prices and maintain solid financial results in the second quarter of 2025.
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Gutami Holding signs 150 MW solar deal with storage in Burkina Faso

Dutch firm Gutami Holding has signed a 25-year agreement with Burkina Faso and national utility SONABEL for a 150 MW solar project with 50 MW storage, valued at over €100mn ($109mn).

Multilateral climate funds redirect energy finance towards emerging markets

Between 2015 and 2024, four multilateral climate funds committed nearly eight bn USD to clean energy, attracting private capital through concessional terms while Africa and Asia absorbed more than half of the volume.
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Niger resumes crude oil exports via Benin

Niger resumes crude oil exports via Benin, ending a suspension caused by a political dispute and restoring a flow essential to the regional economy.

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.

Diamond Offshore posts solid Q2 2024 performance despite challenges

Diamond Offshore achieves adjusted EBITDA of USD 58 million in Q2 2024, despite lower revenues and repair costs for the Ocean GreatWhite
Diamond Offshore résultats financiers T2

Lower Fuel Prices in Niger: Economic Impacts and Prospects

Niger's military government has announced a reduction in the price of gasoline and diesel from July 23, aimed at easing transport costs and the price of basic necessities.
Baisse des prix carburant Niger

Côte d’Ivoire: Towards a promising future in fossil fuels

The Ivorian economy, historically based on agriculture, is now evolving thanks to the discovery of vast oil and gas deposits. In less than three years, the country has become a major player in the global energy industry.
Diversification économique ivoirienne

Kong Solaire announces a 50 MW solar power plant in Côte d’Ivoire

Kong Solaire will build a 50 MW solar power plant in northern Côte d'Ivoire. This PPP project will bring clean electricity to 240,000 people.
Partenariat pour centrale solaire Ivoirienne

Mali and Rosatom seal nuclear energy cooperation agreements

The Malian military junta and Rosatom, a Russian state-owned company, have signed three cooperation agreements, including a project for a low-power nuclear power plant.
Accords Mali Rosatom nucléaire

POWERCHINA and Côte d’Ivoire commission Gribo-Popoli power plant

Commissioning of the Gribo-Popoli hydroelectric plant strengthens Sino-Ivorian cooperation in the energy sector
Hydroélectricité Côte d'Ivoire POWERCHINA

ENGIE Energy Access deploys 15 Solar Mini-Grids in Zambia

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.
ENGIE Energy Access Déploie 15 Mini-Réseaux Solaires en Zambie.

SONIDEP launches its first oil exploration operations in Niger

Société nigérienne du pétrole (SONIDEP) begins oil exploration and production, marking a historic turning point for Niger's energy independence.
Prospection pétrolière SONIDEP Niger

Niger rebels sabotage key section of cross-border oil pipeline

A rebel movement in Niger sabotaged a strategic section of the pipeline to Benin, intensifying regional tensions and threatening the local oil economy.
Sabotage oléoduc tensions régionales

Niger suspends oil exports to China

Niger has halted its oil exports to China via Benin, intensifying diplomatic tensions with its West African neighbor.
Le Niger suspend les exportations pétrolières vers la Chine.

Ghana: Power cuts deepen crisis and frustration

Ghanaians are facing prolonged power cuts due to maintenance work in Nigeria, aggravating an already tense situation for businesses and the population.
Ghana : Les coupures électriques aggravent la crise et la frustration.

Burkina Faso and Russia Strengthen Nuclear Cooperation

The memorandums of understanding (MoUs) cover training, infrastructure development and public opinion, strengthening cooperation between Burkina Faso and Russia for the peaceful uses of nuclear technology.
Burkina Faso et Russie Renforcent leur Coopération Nucléaire.

First solar power plant in Côte d’Ivoire

Côte d'Ivoire inaugurates its first photovoltaic solar power plant in Boundiali, symbolizing an important step in the diversification of its energy mix.
Inauguration centrale solaire Boundiali

Relaunch of the Luachimo hydroelectric power plant in Angola

The Luachimo hydroelectric power plant in Angola, renovated by China Gezhouba Group Corporation, quadruples its capacity, providing a sustainable solution to growing energy demand.
Relance énergétique Angola Luachimo

Mali launches Safo solar power plant with China

The Malian government has launched the construction of a 100 MWp solar power plant in Safo, in partnership with China, to address electricity shortages.
Centrale énergie solaire Mali Chine

Talon Demands Border Reopening for Nigerian Oil Transit

Beninese President Patrice Talon is calling for the reopening of the border with Niger, closed since the coup d'état of 2023, to allow oil exports via Benin.
Réouverture frontière transit pétrolier

Mali and Russia launch the world’s largest 200MW solar power plant

Mali has inaugurated work on a 200 MW solar power plant in Sanankoroba, in partnership with Russia, aimed at boosting national electricity production.
Solar Power Plant Mali Russia

Benin: controlled resumption of oil exports from Niger

Benin temporarily authorizes the export of oil from Niger, a sign of détente in tense relations with Niamey.
Exportations Pétrolières Bénin Niger
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