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Subscriber

A decision by the African Development Bank (AfDB) board of governors to prepare for the bank’s return to its statutory headquarters in Abidjan, following the end of conflict in Côte d’Ivoire, was discussed at the first formal meeting between AfDB president Donald Kaberuka and Tunisian interim Prime Minister Hamadi Jebali on 3 July

Tunisia
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Energy became an instrument of politics, as well as the motor for Russia’s economic revival, under president turnedPrime MinisterVladimir Putin, as Moscow has sought to secure resources,maintain control over markets and raise its statusin global diplomacy after the post-communist slump. Putin’s favoured instrument Gazprom is positioning itself to have a sayin as many projects as possible that control energy highways into the European Union – including the Nigeria-Niger-AlgeriaTrans-Saharan Gas Pipeline and even Eni’s proposed second Greenstream pipeline from Libya to Italy– and this will continue under President Dmitry Medvedev, who moved from the Gazprom boardroom into the Kremlin.

Subscriber

A spectacular improvement in relations between DRC and Rwanda is paving the way for the much-anticipated development of regional energy projects, writes François Misser with Jon Marks

DR Congo | Rwanda
Issue 231 - 17 May 2012

BG hits gas in Mzia-1

Subscriber

BG Group and Ophir Energy’s joint venture in Tanzania has made a fifth consecutive gas discovery in its acreage in the Mzia-1 well. In what Ophir chief executive Nick Cooper describes as its “highest risk East African well to date”, the explorer estimates that mean in-place resources of 3.5tcf have been located, but this could be as high as 6tcf.

Tanzania
Issue 211 - 20 June 2011

Banda well strikes oil

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Kosmos Energy’s Banda-1 exploration well in the West Cape Three Points (WCTP) licence has opened up a new play fairway by discovering oil in Cenomanian-aged reservoirs.

Ghana
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Angolan oil minister José Maria Botelho de Vasconcelos invited PetroSA to take a stake in the future 200,000 b/d oil refinery in Lobito during a meeting with South African energy minister Elisabeth Dipuo Peters in Luanda on 11 October. According to Angolan Oil Ministry sources, construction should begin by year-end for completion by

Angola
Issue 321 - 15 April 2016

Ghana: Eni takes new block

Subscriber

Parliament has ratified the award of the new Cape Three Points Block 4 exploration licence in the Tano Basin to Eni. The new block partially surrounds Eni’s Offshore Cape Three Points (OCTP) Block, where the Sankofa and Gye Nyame gas and oil discoveries are under development, and if a commercial discovery is made, the block will benefit from the OCTP infrastructure. The OCTP project will consist of subsea wells tied back to a floating production, storage and offloading vessel which will be connected to shore via a gas transport line.

Ghana
Issue 157 - 20 February 2009

Norwegians set up fertiliser JV

Subscriber

Norway’s Yara International has established its joint venture with National Oil Corporation and the Libyan Investment Authority to create Libyan Norwegian Fertiliser Company (Lifeco) to own and operate the fertiliser facilities at Marsa El Brega.

Libya
Issue 216 - 23 September 2011

High hopes for new province

Subscriber

Veteran oilman Jack Keyes has turned his attention to Zambia, attracted by the success of onshore exploration in Uganda.

Uganda | Zambia
Issue 322 - 29 April 2016

Saudi finance for Cairo West

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Egypt and Saudi Arabia signed several energy sector agreements during the recent visit to Cairo of King Salman Bin Abdelaziz. Most importantly, Egyptian minister of international cooperation Dr Sahar Nasr and Saudi Fund for Development chairman Dr Ibrahim Assaf signed a $100m financing agreement for the Cairo West power plant. This 650MW gas-fired steam turbine plant is being developed by the state-owned Egyptian Electricity Holding Company at an estimated cost of $700m.

Egypt
Issue 244 - 29 November 2012

Uganda: Umeme IPO oversubscribed

Subscriber

An initial public offering (IPO) of shares in Actis-owned distributor Umeme which closed on 7 November was oversubscribed by more than 35%. But the utility remains under fire for poor performance after a series of blackouts caused by system upgrades and faults on the Namanve and Mutundwe substations, despite hopes that the commissioning of the Bujagali power station would alleviate the supply problem.

Uganda
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EGYPT: BOO wind power tender; EGYPT: Noweibaa turbine tender; MALI: New thermal plant; MOZAMBIQUE: Indian loan for rural electrification; UGANDA: Wenreco to be audited ahead of state rescue

Mozambique | Egypt | Uganda | Mali
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In an interesting sign of growing private sector involvement in Sudanese energy, ASEC Cement and Taqa Arabia, both companies of Egyptian private equity firm Citadel Capital, have inaugurated a 42MW power plant at a new cement project (AE 180/7).

Sudan
Issue 381 - 22 November 2018

Senegal: Solar progress

Subscriber

Developer Mbaye Hadj’s 30MW Gossas solar photovoltaic project has been selected in the second solar incubator run by Dubai-based developer Phanes Group. Phanes Group will take a stake in the project and work with Hadj to bring the project to financial close. “Ultimately, Mr Hadj’s project convinced the evaluation panel not only with its strong corporate social responsibility component but also with his knowledge and commitment to the region where he hails from.

Senegal
Subscriber

Power sector regulator Agence de Régulation du Sécteur de l’Electricité (Arsel) seeks to create a shortlist of potential operators of the 2.9MW Falls 210 hydropower plant in the Mbonge district, Mémé department, in the south-west of the country.

Cameroon