Lekela platform sold to Infinity Power for $1.5 billion
Wednesday 22 March 2023
Mainstream Renewable Power completes the sale of the Lekela platform, Africa’s largest independent renewable power producer, for a total of $1.5 billion.
Pays: Afrique
Masdar signs with Ivory Coast for a 70 MW solar power plant
Wednesday 15 March 2023
Masdar and Ivory Coast have signed an agreement to explore the development of a solar power plant with a capacity of up to 70 MW as part of the Etihad 7 initiative launched by the United Arab Emirates.
CIP invests in Mulilo to accelerate the green transition in South Africa
Monday 13 March 2023
Mulilo Energy Holdings is now majority owned by Copenhagen Infrastructure Partners. This acquisition marks CIP’s entry into the South African renewable energy market and will accelerate the country’s green transition.
Mozambique: a subcontractor prepares to take over Total’s gas project
Friday 3 March 2023
The Italian subcontractor Saipem, in charge of the development of the gas project in northern Mozambique for TotalEnergies, expects a possible resumption of operations as early as July despite the jihadist violence that has hit the region.
Nigerian gas, the stake in an energy war in the Maghreb
Thursday 2 March 2023
Morocco and Algeria are battling for control of the European energy market with competing pipeline projects. But with the EU’s decision to move toward cleaner energy, these mega-projects are raising questions about their relevance.
Boom of 63% in liquefied natural gas imports in Europe in 2022
Wednesday 1 March 2023
European imports of liquefied natural gas increased by 63% in 2022, according to an IEA report. This increase is due to the drying up of Russian pipelines and has led the global LNG market to double in value, reaching a record $450 billion.
Blessing or curse: Ugandans divided over oil megaproject
Tuesday 28 February 2023
TotalEnergies and CNOOC’s oil project in the impoverished eastern region of Uganda is sparking debate over its environmental and social impact, as some residents have benefited from the sale of their land while others have been taken to court for opposing the project.
Eskom in governance crisis
Friday 24 February 2023
Eskom’s governance crisis continues to deepen in South Africa, with the abrupt resignation of its CEO André de Ruyter. The latter has denounced the corruption that undermines the company and has made heavy accusations against the ruling party. Eskom has appointed Calib Cassim as interim leader.
Glencore’s net profit soars 248%.
Thursday 16 February 2023
Despite huge fines, Swiss group Glencore sees its net profit soar in 2022. Rising commodity prices and slowing demand could damage the economic outlook for 2023.
USA: New rules for sharing nuclear technology
Wednesday 15 February 2023
There have been significant changes in the U.S. nuclear information sharing rules. Mexico becomes an unrestricted authorized country, while Colombia and Egypt are now excluded from the list of generally authorized countries.
