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The government plans to unveil an implementation plan for the $8.5bn Just Energy Transition Partnership (JETP) at the COP28 climate summit, which is due to take place in Dubai in November/December.

South Africa
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The launch of Tullow Oil and Kosmos Energy’s Jubilee South East (JSE) project has given Ghana’s upstream sector a welcome boost, after overall oil production declined in H1 2023.  President Nana Addo Dankwa Akufo-Addo described the $1bn scheme as “a moment of joy to us all”, at the JSE project’s official launch on 8 September.

Ghana
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Ghana’s improving economic indicators have provided some much-needed relief for the embattled New Patriotic Party (NPP) government, which is now at the tail-end of President Nana Addo Dankwa Akufo-Addo’s constitutionally allowed two terms.

Ghana
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While Ghana remains hamstrung by enormous debts, there are tentative signs the economy may be turning a corner as Ghanaian politicians limber up for an election year. As debt restructuring deals continue to be hammered out with independent power producers and other creditors, there are grounds for cautious optimism, even if deep structural issues have yet to be addressed, writes Marc Howard.

Ghana
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The Ministry of Petroleum and Energy (MPE) has requested expressions of interest for consultants to advise on Senegal’s $2.7bn Just Energy Transition Partnership (JETP).

Senegal
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The installation of the reactor core at the first unit of the Dabaa nuclear plant on 6 October confirms the project as an anchor of Cairo’s political and financial alliance with Moscow for the next 50 years. It is a step which will have a more meaningful impact than Egypt’s recently agreed membership of the enlarged Brics alliance, writes John Hamilton.

Egypt
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Sonelgaz-Energies Renouvelables (S-EnR), the renewables arm of state-owned utility Société Nationale de l'Electricité et du Gaz (Sonelgaz) has opened financial bids for its much-anticipated project to install 2GW of solar power.

Algeria
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Revised October 2023, this one page PDF collects together a range of charts illustrating key economic and energy industry data for Ghana.

Ghana
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Updated October 2023, this map provides a detailed overview of the hydrocarbons sector in Mauritania, Senegal and Gambia.  

Gambia | Mauritania | Senegal
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A central element in Ghana’s debt restructuring is the money owed to domestic independent power producers (IPPs). Industry group the Independent Power Generators, Ghana (IPGG) has been working to hammer out the details of a deal to resolve the IPPs’ crisis over lack of payments by state entities and the haircut on their outstandings demanded by the government following an interim agreement in June.

Ghana
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Australian Securities Exchange (ASX)-listed Leo Lithium said on 14 September it had agreed a deal that will see China’s Ganfeng Lithium Group fund $137.2m of costs at the Goulamina joint venture (JV) in exchange for an extra 5% stake in project vehicle Mali Lithium BV (MLBV).

Mali
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Project bulletin

United Arab Emirates-based developer Amea Power reached financial close on the 120MW Kairouan solar PV plant in late September, achieving something no other developer has yet  managed in Tunisia – which was once one of the region’s more promising markets for renewable power development.

Tunisia
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The issue leads with a focus on Ghana, where there are tentative signs that the economy may be turning a corner as politicians limber up for an election year. Through a series of articles, African Energy examines the path of the country's economy, the roots of the country's debt crisis, the progress of debt restructuring deals – including those with independent power producers (IPPs) – and the state of the upstream oil and gas sector. A feature article looks at Uganda where donors are seeking a solution over President Yoweri Museveni’s anti-gay law and climate campaigners are putting pressure on funders, insurers and service companies to steer clear of the East African Crude Oil Pipeline (Eacop). Power coverage leads with a focus on the installation of the first reactor core at Egypt's Dabaa nuclear power plant, a milestone in Cairo’s political and financial alliance with Moscow that could have a more meaningful and longer impact than Egypt’s recently-agreed membership of an enlarged Brics alliance. Oil and gas coverage includes a look at South Sudan, where concerns about governance have been reinforced following government statements about the future of South Sudanese assets held by Malaysia's Petronas. African Energy also examines signs of renewed optimism and momentum surrounding the TotalEnergies and ExxonMobil-led LNG projects and looks at BP's latest announcements regarding its Greater Tortue Ahmeyim development offshore Mauritania and Senegal. Transition minerals coverage leads with Zimbabwe, where exports of lithium have begun from a number of recently-developed processing plants – many operated by Chinese companies. The African Energy View reflects on Kenyan President William Samoei Ruto's first year in office and the challenges ahead.

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Toufik Hakkar was removed from his position as president director-general (PDG) of Sonatrach on 2 October, as President Abdelmadjid Tebboune appointed yet another official who has had decades of jobs in and around the national oil company, Rachid Hachichi, for a second stint in the job. 

Algeria
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Cairo-headquartered African Export-Import Bank (Afreximbank) announced on 2 October it had extended a $300m loan to Trident OGX Congo.

Congo Brazzaville