Search results

Selected filters:

General

Type

Sector

Regions

Sort options

1,237 results found for your search

Free

Egypt is a country full of ambiguities for investors and risk analysts, let alone for a population living under the economic restructuring and authoritarian rule of President Abdel Fattah El-Sisi. “The Egyptian power sector is viewed as an attractive destination for investment due to a relatively stable government, economy and policy direction,” observes the new Egypt Power Report from the African Energy consultancy. In the upstream, the huge Zohr offshore gas find has revived optimism about an industry that was mired in debt and problems with investors.

Egypt
Issue 242 - 01 November 2012

Referendum promoted for Abyei

Subscriber

Negotiations on avoiding further conflict continue, following the Agreement on Oil and Related Economic Matters reached by the two Sudans on 27 September.

South Sudan | Sudan
Subscriber

In contrast to South Africa, where the government has managed to cool tempers inflamed after announcements that IPP tariffs might be renegotiated, officials in Ghana appear to be fanning the flames. IPPs are being pushed to renegotiate the terms of contracts at the same time as arrears from the Electricity Company of Ghana (ECG) are growing. One financier involved with several projects told African Energy that talks were under way between IPPs and the Ministry of Finance to resolve arrears without liquidity support facilities having to be drawn.

Ghana
Subscriber

German aid and development institutions such as the influential Kreditanstalt für Wiederaufbau (KfW) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have become increasingly prominent over the past decade: the government’s 2011 Germany and Africa strategy paper claims Germany is now the second largest development partner in Africa’s energy sector. KfW has paid particular attention to funding feasibility studies and participating in funds and mechanisms aiming to overcome financing bottlenecks as well as providing development financing to major projects such as the Bujagali hydropower scheme in Uganda, the KivuWatt methane-to-power scheme in Rwanda and the Ouarzazate solar complex in Morocco.

Subscriber

The AfDB will return to its original home in Abidjan, it was agreed during its late May Marrakech meeting, but African Energy understands that fewer staff will be based there than in earlier years, reflecting their dispersal to an increasing number of regional offices and the recognition that the Tunis headquarters building will still have a role.


Issue 410 - 27 February 2020

Somalia: Petroleum law ratified

Subscriber

President Mohamed Abdullahi Farmajo has ratified Somalia’s long-awaited petroleum law, paving the way for licensing of exploration blocks. The law, which was approved by parliament in May 2019 includes a revenue-sharing agreement that provides for revenues from any eventual oil production to be distributed through the country’s federal states. It establishes the Somali National Oil Company as the state entity charged with participating in petroleum operations, as well as the Somali Petroleum Authority, which will act as a regulatory body overseeing oil and gas activity.

Somalia
Subscriber

The Lesotho Highlands Water Scheme will provide more water to South Africa (up to 45.5cm/s from 24.6cm/s) and another 1GW of hydroelectric power, according to an agreement in principle to develop the scheme’s estimated R12bn second phase. The power will not be for tomorrow: the project is scheduled for completion by August 2020. South Africa has said it will bear the full cost, underlining the importance it places in getting water to two major nodal development projects, at burgeoning mining centre Lephalale near Vryburg, and Steelpoort.

Lesotho
Subscriber

Former BP boss Tony Hayward’s Genel Energy has agreed to farm into Jacka Resources’ Odewayne Block in the breakaway Republic of Somaliland, taking a 50% stake. Genel said it would become operator of the block and will carry Jacka and its partner Petrosoma through 1,500km of 2D seismic and the drilling of an exploration well, at a cost of around $50m.

Somalia
Free

The Libyan government’s decision to relocate the headquarters of National Oil Corporation (NOC) from Tripoli to Benghazi raises more questions than it answers. These include when and how the move will be made, what parts of the corporation will be relocated and what effect it will have on NOC’s still poorly defined relationship with the Ministry of Oil and Gas, and with its own joint ventures and subsidiaries. The move will also have political and security ramifications for international oil companies and service companies.

Libya
Subscriber

A reckless attempt by Prime Minister Abdel Hamid Dabaiba to spend his way into an unchallengeable position of authority has brought Libya to the brink of ruin. More than a decade after the revolution that toppled Colonel Muammar Qadhafi’s Jamahiriya system, both money and viable political options have all but run out, leaving an exhausted, impoverished and furious population confronting a crisis of existential proportions during an unbearable early summer heatwave.

Libya
Subscriber

The emergence of a new variant of Covid-19 in southern Africa sent oil prices tumbling and prompted governments around the world to block flights to the region, potentially causing fresh headaches for project development. It will be some weeks before the Omicron variant’s impact becomes clear, but the episode show how any recovery from the pandemic can be quickly derailed and the need for an accelerated vaccination programme around Africa, writes Dominic Dudley.

Issue 453 - 28 January 2022

No choice but a Dabaiba administration?

Free

In a polity with no choices, inertia rules. On 25 January, the Tobruk-based House of Representatives (HOR) voted to give itself exclusive responsibility for choosing a new government to replace the one led by Abdel Hamid Al-Dabaiba. The decision opens the way to another lengthy constitutional impasse as it is unlikely the HOR has either the muscle or the credibility to eject the incumbent administration or to put its own appointees into the main ministerial portfolios in Tripoli.

Libya
Subscriber

In the last ten years, Zambia has witnessed a number of disputes in the power sector, the bulk of which have revolved around utility Zesco. Under the new administration, the situation could become clearer – and more encouraging for investors.

Zambia
Subscriber

The jailing of former President Jacob Zuma for contempt of court on 7 July came at an unfortunate moment for South Africa. Pent up frustration following a year of economic hardship due to tough Covid-19 restrictions as well as upcoming local elections and public sector wage negotiations – both historically associated with angry protests – added an edge to demonstrations that was exploited by political and criminal groups.

South Africa
Subscriber

Alarm over the government’s emergency process for sourcing medical equipment last year in response to the Covid-19 pandemic showed that concerns over Mauritian procurement practices were not limited to major power schemes.

Mauritius