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London Stock Exchange-listed Tirupati Graphite has confirmed it is starting trial production at its 50,000 t/yr Montepuez graphite project in Mozambique.

Mozambique
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Australia Securities Exchange (ASX)-listed Leo Lithium has produced its first direct shipping ore (DSO) from its Goulamina lithium joint venture with China’s Ganfeng Lithium Group.

Mali | Côte d'Ivoire
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Banjul is hoping enthusiasm over exploration and production (E&P) developments in the so-called Mauritania, Senegal, Gambia, Guinea-Bissau and Guinea (MSGBC) Basin – in particularly the neighbouring Senegalese offshore – will pique interest in Gambia’s potential as an oil and gas play.

Gambia
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Gulf governments have proved among President Vladimir Putin’s most enthusiastic friends, undermining western efforts to isolate Moscow in a relationship that goes beyond energy and business links. With the mercenary Wagner Group active across the Sahel, several dozen cargo flights between Abu Dhabi and a remote air strip in eastern Chad have provoked renewed speculation about the UAE’s ties with Moscow and its proxies, Gulf States Newsletter staff* report.

Sudan | Chad | Central African Republic | Libya | Burkina Faso | Mali
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A $7bn budget allocation made last year to National Oil Corporation was intended to boost crude output, but no new projects have yet been launched, prompting questions over the lack of oversight at NOC, in a state already hollowed out by smuggling, corruption and theft. It comes amid signs that Prime Minister Abdel Hamid Al-Dabaiba and rival warlord Khalifa Haftar are taking greater control over oil revenues, raising further questions for IOCs who are wondering whether to reinvest, writes John Hamilton.

Libya
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World Bank Group (WBG) president Ajay Banga announced a ‘portfolio guarantee programme’ on 17 July, on the last day of the G20 meeting in India, in a package of measures the Washington-based multilateral said was designed to increase its lending capacity, “stretch every dollar” and “drive impactful development and take more risk”.

Issue 488 - 21 July 2023

Amea Power secures SoftBank funding

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Amea Power has secured a $75m equity funding round from SoftBank Group Corporation (SBG). The Dubai-based developer said the Japanese investor’s financing represented its “first external equity funding following years of being privately funded by its founding shareholders, the [Kuwaiti] Al-Nowais family.”

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The state-owned Saudi Fund for Development (SFD) has agreed a $20m concessional loan to upgrade transmission and distribution (T&D) infrastructure in the Kamonyi district of Rwanda.

Rwanda
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Botswana has agreed a revised deal with diamond miner De Beers, giving the state a larger role in trading the gemstones and providing a model that others could follow as they seek greater control over their mineral resources. But with longer-term revenues under pressure from changing consumer habits and synthetic diamonds, the authorities are pushing to develop a more diverse minerals industry, writes Tonderayi Mukeredzi in Gaborone.

Botswana
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Data trend

Analysis of procurement trends recorded on the African Energy Live Data platform shows that capacity procured through competitive auctions should add at least 15.1GW by 2027, with solar and natural gas adding an estimated 4.4GW and 4.3GW respectively, while wind and hybrid power will also make significant additions to the continent’s generation mix, writes Ajay Ubhi.

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Project bulletin

Brazzaville has accelerated its long-mooted policy of offering public/private partnership (PPP) concessions to run infrastructure, with deals agreed for international companies to run the Moukoukoulou, Imboulou, Liouosso and Djoué hydroelectric power (HEP) dams and other facilities, including major highway Route Nationale 1.

Congo Brazzaville
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United Kingdom government-owned Gridworks has signed a memorandum of understanding (MoU) with Tanzania Electric Supply Company (Tanesco) to develop the country's first independent transmission project (ITP).

Tanzania
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India’s Nava Bharat Ventures (NBV) is seeking support from the Zambian government to raise finance to double output at its Maamba Collieries Ltd (MCL) coal-fired power plant, after Chinese lenders that backed the initial phase proved unwilling to fund the planned expansion.

Zambia
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Project bulletin

Centamin on 26 July announced the completion of preliminary work to expand its solar PV plant at the Sukari gold mine, near Marsa Alam on Egypt's Red Sea Coast. Centamin also said that qualifying tenders for Sukari’s connection to the grid had been received.

Egypt
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Following a fall in African liquefied natural gas exports in 2022, there are signs of fresh momentum in a number of large onshore and floating LNG projects in key markets including Nigeria and Mozambique, write James Gavin and African Energy staff.

Mozambique | Nigeria