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While many see doing business in Democratic Republic of Congo as problematic, Africa Finance Corporation is pushing ahead on a trio of schemes involving renewable energy, critical minerals and infrastructure, helped by its status as an African multilateral in which the DRC government is a shareholder.

DR Congo
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Moroccan plans to build regasification plants to supply Onee’s existing and planned CCGT power stations have been mooted for more than a decade, but could now finally be moving ahead, with government commitments to build an LNG import unit at Nador, with other schemes to follow.

Morocco
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Rehabilitation of the 178MW turbine at Inga II, along with plans for up to 210MW from on-site generators to tackle grid instability and increased electricity imports from Zambia are all on track, according to Ivanhoe Mines, as the Canadian operator works to provide sufficient power to Democratic Republic of Congo’s strategic Kamoa-Kakula copper mine.

DR Congo
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TotalEnergies has signed a memorandum of understanding with Sonatrach on further developing natural gas resources in the Timimoun region, where the French major has existing interests, while an LNG supply contract has been extended by another year.

Algeria
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Sonatrach has signed a rare heads of agreement with a smaller company, Sweden’s Tethys Oil.

Algeria
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London-listed Energean has taken on the operatorship of the Lixus and Rissana licence areas, alongside partners Chariot and state-owned Onhym

Morocco
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Some headline elements of the now ruling Parti Africain du Sénégal, pour l’Ethique et la Fraternité (Pastef les Patriotes)’s policy were presented during the election campaign, which included the following commitments:

Senegal
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Making the most of hydrocarbon resources and tackling perceived governance abuses are among the hot dossiers at the top of incoming President Bassirou Diomaye Faye and Prime Minister Ousmane Sonko’s agenda. Policy-makers and investors need to be acutely aware that Senegal is waiting on radical change from its new Pastef government, write Waly Dione Faye and Jon Marks.

Senegal
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The hydrocarbons-focused Africa Energy Bank’s promoters Afreximbank and the African Petroleum Producers Organisation are looking to a start-up this year for an institution with an initial capital base of $5bn.

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SDX Energy has spudded the Beni Malek-2 (BMK-2) well in the Rharb Basin. The London AIM-listed company has reported an ‘immediate and increasing’ local demand for its gas in Morocco.

Morocco
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The clogging-up of a key oil export pipeline is one of the many bitter fruits of Sudan’s civil conflict, one year after Hemedti’s Rapid Support Forces launched its campaign against Khartoum. It is a serious problem for the authorities in Sudan and South Sudan alike.

South Sudan | Sudan
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The estimated $1bn EPC deal for the Banda and Tevet fields, which hold combined estimated reserves of 2.2tcf, is the first involvement by Egyptian players in Mauritania’s upstream and marks the revival of Nouakchott’s long-held plans to supply gas to its flagship Banda Duale power plant.

Mauritania
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Koko Networks, which supplies bioethanol for ‘clean cooking’ and has grown rapidly since launching in Kenya in 2019 is now targeting 1m households in Rwanda. Supported by carbon credit sales, its distribution and sales network has demonstrated a business case for decarbonising cooking, writes Marc Howard in Nairobi.

Kenya | Rwanda
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Sinomine Resource Group has made deals to purchase controlling interests in a copper mine in Zambia and a copper smelter in Namibia, as the Chinese mining group steps up efforts to increase the production of copper and other critical minerals in southern Africa.

Namibia | Zambia
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Project bulletin

Kinross’ huge solar-storage C&I project will be Mauritania’s second-largest installed PV plant when commissioned in the coming weeks.

Mauritania