Kenyan oil marketer Hass Petroleum Group has sold a 40% stake to Oman Trading International (OTI) as it seeks funds to boost its capital and strengthen its operations in east and central Africa. The transaction, the value of which was not disclosed, is subject to regulatory...

Zimbabwe Energy Regulatory Authority (Zera) confirmed in early June that the beleaguered Zimbabwe Electricity Distribution Company (ZETDC) has applied for a tariff review for 2017, citing increases in the cost of power production. Zera acting chief executive Misheck...

Founders Tony Hayward and Nat Rothschild have quit the board of Genel Energy, while the head of the company’s second biggest shareholder was voted off at the annual general meeting (AGM) on 6 June. Tolga Bilgin joined the board in March this year after his Bilgin Enerji...

Israel’s Energiya Global will invest $1bn over four years in renewable energy projects under a memorandum of understanding signed on 2 June by the Israeli government and the Economic Community of West African States (Ecowas) as part of a diplomatic drive to woo African...

London Stock Exchange Group (LSEG) signed a memorandum of understanding (MoU) with the Kenyan Ministry of Energy and Petroleum on 26 May outlining the organisations’ commitment to raising capital for Kenya’s energy industry through public market equity and debt listings. The...