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Resource hungry China has given Ghana a $15bn package of loans for energy and other infrastructure, raising fresh expectations that Kosmos’ Jubilee stake will end up in Chinese hands

President Abdoulaye Wade has sacked energy minister Samuel Sarr and given the job to his son Karim after street protests over the latest wave of load shedding.

Traders’ concern over payments delays have made NNPC’s fuel importing arm a heavily insured entity on the single-risk insurance markets.

Sonangol is back in the syndicated bank market, which the Angolan parastatal visits at least once a year to raise a minimum $1bn in debt, often on the back of a receivables purchase agreement structure.

A lawsuit filed by one of the Gulf region’s most high-profile expatriate executives could point to a dark side in the mighty Abu Dhabi business empire, if the allegations are proven, and threatens to reignite controversy over several deals, including a major power project in Morocco. The suit has been filed in the United States by former Abu Dhabi National Energy Company (Taqa) chief executive Peter Barker-Homek against his erstwhile employer. Taqa rejects all the charges and has said it will contest the case vigorously.

BHP Billiton/ArcelorMittal iron ore deal off; Egyptian minister becomes World Bank MD; Kihansi toads to return to wild

Doubts are being raised over São Tomé e Príncipe’s ability to handle oil licensing after the tiny island state was thrown out of the Extractive Industries Transparency Initiative, writes Thalia Griffiths

New Era newspaper described black economic empowerment (BEE) entrepreneur Knowledge Katti as “one of the fastest growing [exclusive prospecting licence] EPL millionaires in the country”. Born in 1973 and raised by his grandmother in the Walvis Bay township of Kuisebmond, Katti came to international attention in 2008 when Canada’s Universal Power Corporation (UPC) announced

The US Trade and Development Agency has awarded an initial four grants under the new African Clean Energy Solutions (Aces) Initiative.

One of West Africa’s worst-performing borrowers, the state-owned Tema Oil Refinery (TOR), is lining up new import finance from Ghana Commercial Bank (GCB), formerly its main lender.

Rio Tinto and China’s Chalco signed a binding agreement in Beijing on 29 July to establish a joint venture covering the development and operation of the Simandou iron ore project in south-east Guinea. The agreement follows a memorandum of understanding between Rio Tinto and Chalco’s parent, Aluminium Corporation of China (Chinalco), announced in March.

The US Senate has passed a new bill on resource transparency that will require oil, gas and mining companies registered with the Securities and Exchange Commission (SEC) to publicly disclose their tax and revenue payments to governments around the world.

A growing number of industry executives are making their way to previously unfashionable Nouakchott as rising demand for electricity is driving a push for more generation capacity. The prospect of a significant gas-fired project

Pressure from Democratic Party Senator Frank Lautenberg and other congressmen on Secretary of State Hillary Clinton to open an investigation into BP 's role in lobbying for the release of the convicted Lockerbie bomber Abdelbaset Al-Megrahi has added

National Oil Corporation has a new management committee. The General People's Committee (GPC - government) decided on 13 July to restructure the national company's executive board, replacing three of its members with four newcomers, all but one of whom has virtually no public profile.