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Italian major Eni has completed its acquisition of assets from Norway’s Neptune Energy Group, in a transaction that brings with it natural gas assets in Algeria, Egypt, Europe and the Far East.

Revised February 2024, this map provides an overview of the hydrocarbons sector across East Africa. The map shows the location of oil and gas fields and discoveries across the region alongside mid- and downstream infrastructure including actual and planned oil, gas and products pipelines, oil refineries, gas processing plants, tanker terminals and LNG infrastructure.

Electricity trading platform Etana Energy will supply 195GWh of renewable energy to real estate investor Growthpoint’s retail, office and industrial sites around South Africa.

Comoros President Azali Assoumani has secured yet another term in office through a disputed election, undermining prospects for progress and stability in the small island state where nearly half the population live in poverty and where a shortage of electricity is holding back development, writes Tonderayi Mukeredzi.

Published February 2024 this map presents an overview of Comoros' energy infrastructure, alongside key economic data and demographics. The main map takes two view of Comoros, showing offshore oil and gas exploration acreage and power generation sites across the islands.  

The Copperbelt Energy Corporation (CEC) raised $145m in an investment round led by private equity investor Affirma Capital in early January, quickly followed by the listing of a debut $54m ‘green bond’ on the Lusaka Securities Exchange. The bond is the first part of a planned $200m issuance programme, which was launched in December to fund an expansion of the company’s solar PV generation capacity. Managing director Owen Silavwe, gave African Energy an update on the progress of the 60MW solar PV project at Itimpi, which will take CEC’s solar capacity to 96MW.

Trafigura subsidiary Puma Energy said it had snapped up a minority stake in South African renewable energy company MBHE Group.

Ore feed has resumed at the Langer Heinrich uranium plant, with commercial production expected in near term after operator ASX-listed Paladin Energy raised $150m of new debt.

South African state electricity utility Eskom has said a 10% curtailment exercise will unlock almost 3.5GW of transmission capacity for wind power generation in Eastern Cape and Western Cape provinces.

Financing from Saudi-based International Islamic Trade Finance Corporation is part of a $600m three-year deal signed in May 2023 and will pay for imports of petroleum products needed for electricity generation.

Independents Afentra and Serinus emerged as the main overseas winners from Angola’s latest 12-block licensing round, after being named as preferred bidders for onshore blocks in the Lower Congo and Kwanza basins.

Construction is expected to start at the planned Sherbro Island power plant this year, with the involvement of Hollywood actor Idris Elba adding a sprinkling of stardust to Sierra Leone’s first wind development.

Food and animal feed producer Unga Group is close to finishing the installation of 3MW solar PV capacity at five manufacturing across the country.

South Africa-headquartered Sustainable Power Solutions, Namibian property developer Fortitude and the Oelofse family are collaborating to develop a solar PV plant at Maxwell farm to supply electricity to B2Gold’s Otjikoto mine via a wheeling deal with NamPower.

Toronto Stock Exchange-listed Africa Oil Corporation has received official approval to acquire a 6.25% interest in offshore Block 3B/4B from Eco, taking its total holding in the Orange Basin acreage to 26.25%. A drilling campaign is being planned for the area, where Africa Oil is looking to farm-out a share.