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The African Development Bank (AfDB) has approved a €28.1m ($37m) senior loan to support

French oil explorer Maurel & Prom has spun off its Nigerian operations into a new company, Maurel & Prom Nigeria. Shares in M&P Nigeria were due to

ABB has won an order from JSPL Mozambique Minerais LDA, a subsidiary of Jindal Steel and Power

The European Union has invited applications to prequalify for studies for the proposed 145MW Ruzizi I hydroelectric project’s grid connection, and rehabilitation studies for the 29.8MW Ruzizi 1 and 43.8MW Ruzizi II plants (AE 207/14).

Will 2012 be the year when malfunctioning giant Nigerian National Petroleum Corporation (NNPC) is restructured as the cornerstone of an all-embracing overhaul of financing, licensing, regulation and operations in the Nigerian hydrocarbons industry? Co-ordinating minister of the economy and finance minister Ngozi Okonjo-Iweala believes a workable Petroleum Industry

A consortium of Sasol Petroleum International, Statoil and Chesapeake Energy Corporation has decided not to apply for shale gas exploration rights in the Karoo Basin, following a 12-month study.

Canada’s Lion Petroleum Corporation has entered into a letter of intent (LoI) for a reverse takeover of TSX Venture Exchange-listed Rare Earth Industries (REI), in a deal which could provide the funds

Dakar port has opened a new container terminal, described by Dubai-based developer DP World as West Africa’s largest and most modern. Following a concession agreement signed in 2007,

The success of the Desertec Industrial Initiative (Dii) and the viability of the Desertec vision, which critics still argue is fanciful, depends on resolving the transport problem as well as finding willing partners in North Africa.

BG Tanzania has given UAE-based Stanford Marine a time-charter contract for the Stanford Buzzard platform

President Yoweri Museveni on 23 November formally inaugurated the 6.6MW

The escalation of the euro crisis has added to concerns about Francophone African risk, although risk perceptions and pricing remain stable for now. There has already been an impact on trade finance availability and, as the Eurozone crisis unfolds, it may become harder still to source bilateral and commercial finance, writes Kevin Godier

The appointment of Abdelrahman Benyezza as oil minister in the first post-Qadhafi government will help to reassure international oil companies that they can do business

A parliamentary committee in Tanzania has accused gas producer PanAfrican Energy (PAE) of accounting irregularities and recommended termination of its production-sharing agreement (PSA). The accusations come as PAE starts work on a $130m project to double gas production capacity from Songo Songo Island.

Zesa Holdings has decided not to pursue a memorandum of understanding signed between the Zimbabwe Treasury and China’s Sinohydro for the expansion of the Kariba South hydro project, opting instead to pursue a public tender