Browse issue contents

Issue 386
-
IMF seeks Congo debt restructuring, governance reform

Talks are under way between the government of Republic of Congo and the International Monetary Fund (IMF) over a potential three-year Extended Credit Facility (ECF) programme. An IMF spokesperson confirmed to African Energy that talks with President Denis Sassou-Nguesso’s...

Central Africa
Issue 386
-
Mozambique: SPAs signed

Anadarko Petroleum and its partners in Mozambique LNG Area 1 have taken a major step towards a final investment decision (FID) with the signing of sales and purchase agreements (SPAs) with CNOOC, Tokyo Gas/Centrica and Shell.
The three long-term SPAs total 6.1m t/yr, bringing...

Mozambique
Issue 386
-
Rwanda: CNG project from Lake Kivu methane

The government signed an agreement on 1 February with Gasmeth Energy Ltd to extract and process methane gas from Lake Kivu for a compressed natural gas (CNG) project.
Gasmeth plans to finance, construct and maintain a gas extraction, processing and compression project...

Rwanda
Issue 386
-
Somalia stresses transparency as it launches bid round

Somalia launched an offshore licensing round on 7 February, offering 15 blocks in the Indian Ocean off the coast of Galmudug, Hirshabelle, South West and Jubaland states. Its promoters hope that similar geological structures to those harbouring gas offshore Mozambique,...

Somalia
Issue 386
-
South Africa: Kathu CSP start-up

French utility Engie has announced that its 100MW Kathu concentrated solar power (CSP) plant in Northern Cape province began commercial operations on 30 January. The plant was selected as a preferred bidder in what has become known as round 3.5 of the country’s renewable...

South Africa
Issue 386
-
Eskom unbundling announced as South Africa returns to load-shedding

President Cyril Ramaphosa said in his State of the Nation address on 7 February that “Eskom is in crisis and the risks it poses to South Africa are great”, a point emphasised when stage 4 load-shedding – meaning that more than 4GW was cut from the grid – was implemented a few...

South Africa