Issue 481 PDF: Ghana draws corporates into financial pain zone ahead of hoped-for IMF deal


African Energy, Issue 481 cover
Issue 481 - 31 Mar 2023

The issue leads with a package of articles and maps focused on Ghana, where President Nana Akufo-Addo’s cash-strapped government is mired in disputes with power producers, oil companies and other big investors, amid creditors’ concerns over its refinancing plans and a build-up of payment arrears.

The issue also examines the prospects for Mozambique's gas and LNG projects, with the World Bank Group signalling a shift in its attitude to the funding of natural gas-related projects in the country.

Power coverage includes a focus on Algeria, where state gas and power company Sonelgaz’s renewable energy arm is leading the country’s latest attempt to develop a major solar PV project.

Oil and gas coverage includes a look at South Sudan, where UK independent Savannah Energy is moving forward with a $1.25bn plan to acquire a string of upstream assets.

African Energy also examines US player West Africa LNG’s deal to build a gas import and distribution terminal to supply miners and to-be-developed alumina processing plants in Guinea.

The African Energy View looks at the growing competition among international powers to secure supplies of critical raw minerals from Africa, with the US and European Union focused on the ground they have ceded to China in relation to rare earth minerals and other essential supplies.

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