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Libya will not face power shortages until at least 2015 as the new electricity ministry revives at least three investment projects initiated by the former regime. In an interview with African Energy, deputy minister for electricity and renewable energy Dr Mohamed Ali Ekhlat said “some projects are under construction which will meet demand for the next three to four years”.

Libya
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India’s efforts to penetrate sub-Saharan markets will receive a boost with the imminent start-up of the first major project in Ethiopia’s ambitious sugar industry expansion programme.

Ethiopia
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Lion Petroleum’s board and management contains a number of individuals who were previously at Centric Energy, including president and chief executive officer Alec Robinson, chief financial officer Andy Bell, vice president for exploration Chris Lewis and board adviser Darren Devine. Devine was also a founder of privately held Turkana Energy, which had rights to Block 10BB in 2008-09.

Kenya
Issue 230 - 04 May 2012

Nocal approves Exxon deal

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National Oil Company of Liberia (Nocal) has written to Canadian Overseas Petroleum (COP) advising its acceptance of a deal for ExxonMobil to take a 70% operating stake in block LB-13 (AE 221/11).

Liberia
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NAMIBIA: Eco Atlantic lists in Windhoek; SOUTH AFRICA: Ex-Burren team win exploration right

Namibia | South Africa
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The discovery of the body of former National Oil Corporation (NOC) chairman Shukri Ghanem in the River Danube in Vienna early on the morning of Sunday 29 April has inevitably provoked much speculation.

Libya
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ONE: New Agadir and Tan Tan substations; SOUTH AFRICA: PV plant for Coega; SOUTH AFRICA: CSP suppliers sought

Morocco | South Africa
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DR CONGO/GABON: New lines for Total fields; GABON: Bowleven sells up

DR Congo | Gabon
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As demand from the region’s iron ore and potash mines soars, a new power developer is looking at Republic of Congo’s hydro potential, writes Thalia Griffiths

Congo Brazzaville
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The 50MW Singida wind power project is to receive a non-concessional $123m loan from the Export-Import Bank of China, and should be producing power by next year.

Tanzania
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African Energy’s new Upstream update table shows the extent of interest in Ghana’s offshore hydrocarbons play. But a clear blueprint for how those reserves will be used locally remains elusive, and conflicting views of how Ghana should exploit its emerging resources will be more apparent in the lead-up to the December presidential election

Ghana
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TANZANIA: Pirates threaten Songo Songo; RWANDA: Vanoil extends technical evaluation agreement; KENYA: Apache secures rig for Mbawa

Kenya | Rwanda | Tanzania
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Fitch Ratings has affirmed Namibia Power Corporation (NamPower)’s long-term foreign currency Issuer Default Rating (IDR) at BBB- and short-term IDR at F3 as the utility braces itself for a period of power shortages.

Namibia
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Mainstream print and broadcast media are increasingly of the view – thereby making it the prevailing orthodoxy – that growth across sub-Saharan Africa (SSA) is creating a significant emerging market for the next decade.

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ALGERIA: Siemens confirms Hassi R’Mel hybrid contract; RWANDA/REGION: Ruzizi road tender cancelled

Rwanda | Algeria