Featured
Issue 420 -
Egypt: Domestic gas market reforms
The Petroleum Ministry is driving forward a broad agenda of energy sector market reforms in an attempt to respond to the economic storm created by the Covid-19 pandemic. A large part of the strategy hinges on the ability of the government to restructure the domestic market in...
Issue 420 -
Egypt
Issue 420 -
Egypt: SDX sells NW Gemsa stake for $3m
SDX Energy said on 14 July it had sold its 50% stake in the North West Gemsa licence in the Eastern Desert to Egypt’s Gulf Energy for $3m. Of the total, $1.4m has been used to clear SDX’s remaining liabilities on the licence. SDX said the net $1.6m proceeds exceeded its...
Issue 420 -
Egypt
Issue 420 -
Ethiopia: Danske Bank agrees loan for wind project
Denmark’s Danske Bank signed a loan agreement worth €117m ($128m) in June for the 100MW Assela wind project. The agreement is awaiting approval by Ethiopia’s parliament. Assela is backed by Denmark’s Ministry of Development Cooperation through Danish International Development...
Issue 420 -
Ethiopia
Issue 420 -
Mozambique: Total secures Africa’s biggest project financing
Total on 17 July announced the signing of a $14.9bn senior debt financing agreement for Mozambique’s first onshore LNG development. The project financing for the $20bn development is the biggest ever secured in Africa and includes direct and covered loans from eight export...
Issue 420 -
Mozambique
Issue 419 -
South Africa: Sasol progresses asset sales
Sasol is making progress with a divestment programme aimed at helping the company survive a cash crisis exacerbated by coronavirus and the low oil price. The company said on 1 July it had signed an agreement to sell its interest in the Escravos gas-to-liquids plant in Nigeria to...
Issue 419 -
South Africa
Issue 418 -
Sudan: Facing a bleak future, Sudan looks to international support
International efforts to channel financial and technical support to Prime Minister Abdalla Hamdok’s transitional administration will intensify when Berlin hosts a much-anticipated Sudan Partnership Conference on 25 June. Convened by Germany, Republic of Sudan, the United Nations...
Issue 418 -
Sudan
Issue 418 -
AfDB debars BWSC, Sieyuan Electric
The African Development Bank (AfDB) has announced debarments for Denmark’s Burmeister & Wain Scandinavian Contractor (BWSC) and China’s Sieyuan Electric Company Ltd and its subsidiaries.BWSC, which said it self-reported to the AfDB following an internal investigation over a...
Issue 418 -
Africa
Consultancy
Events
15 September 2020 to 08 December 2020
Africa Investment Exchange (AIX): Gas 2020
Online
Africa
1
AIX: Grid & Storage
RSA House, London
Africa
0
