Search results

General

Type

Sector

Regions

Sort options

29 results found for your search

Subscriber

Approval from the interim parliament in Conakry for an unprecedented-for-Guinea liquefied natural gas (LNG) import terminal and gas-to-power plant could be the first step towards meeting a predicted huge mining-driven increase in electricity demand. The project’s scale has raised eyebrows, but could prove transformative if it goes ahead, writes Marc Howard.

Guinea
Subscriber

President Mohammed Ould Cheikh Mohammed Ahmed El Ghazouani’s meeting with Algerian President Abdelmajid Tebboune on 22 February, at the airport in Tindouf, south-western Algeria, was replete with symbolism. Not only did the leaders formally inaugurate fixed border posts on the 460km bilateral frontier, a roster of projects were announced that signal of a wider intensification of relations. Some of these schemes could help Algeria to outflank its bitter regional rival Morocco by increasing its business further south.

Mauritania | Algeria
Subscriber

The unveiling of a new gold-backed currency has been met with a sceptical reception, reflecting a lack of public confidence and issues around non-convertibility the authorities will have to overcome if the ZiG is to avoid the fate of the Zimbabwe’s other monetary failures over the past two decades, writes Tonderayi Mukeredzi in Harare.

Zimbabwe
Subscriber
Project bulletin

Doornhoek and Ursa Energy Virginia solar PV plants have become the first two projects under the sixth bid window of the renewable energy IPP procurement (REIPPP6) programme to reach commercial close and sign project implementation agreements.

South Africa
Subscriber

The issue leads with Mauritania, where, ahead of his expected late June re-election, President Mohammed Ahmed El Ghazouani is presiding over a potentially fast-changing country that can expect new revenues from its joint Greater Tortue Ahmeyim (GTA) gas field with Senegal and potentially more long-term investment plays that exploit its minerals reserves, P2X potential and route to the sea. There is also a focus on Senegal, where new President Bassirou Diomaye Faye pointedly opted for Nouakchott as the destination for his first official foreign trip, underlining his Pastef party’s pan-African agenda. Discussions between the two presidents centred around the potential for renegotiating the GTA development’s terms. African Energy also examines Senegal's power generation sector. President Faye has vowed to boost on-grid renewable energy capacity and phase out the use of expensive liquid fuels for power generation. Analysis from African Energy Live Data shows this is a continuation of a trend set by his predecessor Macky Sall. However, the phasing out of HFO also relies on the country tapping into its substantial gas reserves and Faye’s pledge to renegotiate hydrocarbons contracts makes some nervous. Power coverage also includes a closer look at Guinea, where approval from the interim parliament in Conakry for an LNG import terminal and gas-to-power plant could be the first step towards meeting a predicted huge mining-driven increase in electricity demand. Upstream oil and gas coverage leads with Nigeria, where there are signs of progress on two multi-billion dollar asset sales to local players by international majors. Hydrocarbons coverage also includes a focus on Niger, following the sudden announcement that Benin would block the lifting of oil cargoes from the Niger-Benin Export Pipeline. The African Energy View examines how gas supply risks highlight the baseload challenge for energy transition strategies across the continent.

Subscriber

Mauritania’s government has signed a memorandum of understanding (MoU) with Saudi Arabia to co-operate in the electricity, renewable energy and clean hydrogen sectors.

Mauritania
Subscriber

President Patrice Talon’s sudden announcement that Benin would block the lifting of oil cargoes from the Niger-Benin Export Pipeline was a shock move that may be remedied swiftly but nevertheless point to continuing pressures on Niamey, since the military regime opted to end alliances with the US and France in favour of Russia and special friend China, write Marc Howard and Virgile Ahissou

Benin | Niger
Subscriber

Sound Energy has applied to enter the Anoual project’s second phase, which includes drilling an initial exploration well, while two other UK-listed indies have also been progressing their drilling campaigns with Chariot starting to drill a well on its Loukos onshore licence and SDX preparing to sidetrack a recently completed well in pursuit of a gas formation.

Morocco
Subscriber

There are signs of progress on two multi-billion dollar asset sales to local players by international majors which, coupled with sector reforms unveiled in March and a new licensing round launched in late April, may give rise to guarded optimism in the upstream sector, despite perennial issues around security and theft, writes James Gavin.

Nigeria
Subscriber

BP/Eni joint venture Azule Energy – which until now has focused entirely on Angola – has taken a 42.5% stake in an offshore block in Nambia’s Orange Basin, close to the giant Graff and Venus discoveries. The farm-in deal includes an option for Azule to become operator in the future.

Namibia
Subscriber

Nigeria’s 650,000 b/d Dangote refinery is gradually ramping up its operations, with diesel supplies to the local market starting in March and exports beginning the following month. However, there have been more reports of teething troubles, with one crude cargo said to have been held offshore for a month over a payment dispute.

Nigeria
Subscriber

The World Bank has approved its first energy project loan for Namibia, to be deployed to finance grid expansion and support increased integration of renewable energy into an electricity system that still serves only about half of the population and is heavily dependent on imports.

Namibia
Free

While apparently much-increased institutional appetite to support independent transmission projects and power pools is to be welcomed, participants at African Energy’s  AIX: Energy in Transition meeting heard that a much greater volume and variety of financing models were urgently required to support the roll-out of transmission infrastructure around Africa, to support domestic investments and cross-border interconnections.

Subscriber
Project bulletin

Following a two-year extension to its power purchase agreement (PPA) with Ethiopian Electric Power, Corbetti Geothermal is now planning to carry out drilling and a feasibility study on its Oromi-based project.

Ethiopia