Search results

General

Type

Sector

Regions

Sort options

2,519 results found for your search

Subscriber

The announcement that a unit of United Arab Emirates national security adviser Sheikh Tahnoun Bin Zayed Al-Nahyan’s International Holding Company was winning bidder for a stake in loss-making Mopani Copper Mines points to the emergence of ‘middle powers’ in strategic African resources plays and a hoped-for revival in Zambia’s mining ambitions.

Zambia
Subscriber

Danish investor and developer Frontier Energy has announced a co-investment with three European development finance agencies for the 50MWp, under-construction, multi-site Planet Solar independent power producer (IPP) plant. Planet Solar will be Sierra Leone’s first large grid-connected IPP, the funders said.

Sierra Leone
Subscriber

UAE-based players have used COP28 to commit – and recommit – to projects that could supply over 12GW of renewables capacity across Africa. Emiratis argue this displays a willingness to push projects forward and shoulder risk, while others have failed to deliver – and if critics complain they are also prominent in the oil lobby, Abu Dhabi can counter that the UAE has assumed a leading role in enabling Africa’s energy transition.

Kenya | Mozambique | Egypt | DR Congo | Angola | Mauritania | Uganda | Djibouti | Zambia | Congo Brazzaville | Senegal | Côte d'Ivoire
Subscriber

Nearly all of South Africa’s climate finance is being provided from local sources, while inflows from international funders remain very low, a new Presidential Climate Commission report shows. While more funds have flowed into Africa’s largest greenhouse gas emitter in recent years, these resources remain insufficient compared to the extent of the actions required to adapt and mitigate the impacts of climate change.

South Africa
Subscriber

Rio Tinto said it expects first production from the Simandou iron ore development in 2025 and that regulatory approvals are “imminent”, as it revealed details of the $11.6bn costs its Simfer joint venture has committed to develop blocks 3 and 4 and the joint Simandou infrastructure development. The mining major also confirmed what markets knew: that China’s Baowu had taken a big stake in Simandou blocks 1 and 2.

Free

The UAE has had to deal with some unwelcome scrutiny of its energy strategy after the COP28 climate conference opened in Dubai on 30 November. Observers had long warned that holding such an event in the world’s seventh largest oil producer was likely to lead to friction and so it has proved. African Energy’s sister publication Gulf States Newsletter (GSN) gives a view from the region, including a roundup of the big pledges made in a ‘transactional’ first week.

Subscriber

State-owned utility Zesco is looking for a new renewable energy contractor, having put on hold a 2.4GW solar PV development with China’s CiEG. Work on other projects is continuing, but this is a difficult period for Zambia, which has still to implement its multilateral debt deal amid a lack of foreign currency and financing, writes Chiwoyu Sinyangwe in Lusaka.

Zambia
Free

In a recent conversation, an independent power producer (IPP) told African Energy that its southern African utility client has been paying for its electricity “more or less on time”. The problem was those payments were being made in a local currency that cannot be exchanged as “the central bank has no money”. The IPP could turn to international arbitration to try and enforce its contract terms, “but what’s the use of that,” the executive asks, “when there’s nothing to be had?”

Kenya | Nigeria
Subscriber

Angola's President João Lourenço travelled to Washington on 30 November to meet his American counterpart Joe Biden, in a meeting described by the White House as advancing the development of the 1,290km Lobito Corridor rail project.

Angola
Subscriber

War-torn but entrepreneurial Somalia is edging back towards normality, at last securing membership of the East African Community and reporting some progress in tackling Al-Shabaab militants. The government also has longer-term ambitions to exploit ample renewable energy potential and offshore oil and gas resources, writes Dominic Dudley.

Somalia
Issue 496 - 03 December 2023

The UAE in Puntland

Subscriber

The funding provided by the United Arab Emirates for the 3.5MW Bosaso solar plant is the latest element in a long engagement in the area by the Gulf power.

Somalia
Free

A series of increasingly high-profile and commercialised UN climate change summits has driven a global boom in climate finance, but Africa is being left behind as a result of poor infrastructure, weak governance and other issues. As discussions start at COP28 in Dubai, African Energy assesses the data and what needs to change if Africa is to hit its climate change targets.

Subscriber

Landlocked and energy-poor, eSwatini wants independent power producers to play a bigger role in building renewable energy capacity, as the kingdom strives to generate sufficient power and end years of over-dependence on imported electricity.

Subscriber

The leak of briefing notes for COP28 president Sultan Al-Jaber just ahead of the summit’s opening in Dubai drew attention to the United Arab Emirate’s extensive energy dealings in key African economies, including Egypt and Kenya. Key players include renewables flagship Abu Dhabi Future Energy Company (Masdar) and oil giant Abu Dhabi National Oil Company (Adnoc).

Kenya | Egypt
Subscriber

Hong Kong Stock Exchange-listed MMG is to acquire Khoemacau Copper Mining Company for $1.9bn. Khoemacau’s mine in the Kalahari Copper Belt has production capacity of 60,000 t/yr of copper and 1.6m oz/yr of silver metal.

Botswana