Congo advances energy ambitions with refinery upgrades, gas projects, and a 2027 oil production target of 500,000 barrels/day.
Feyisayo Ajayi
Feyisayo Ajayi
Feyisayo Ajayi is a finance reporter at Billionaires Africa, covering company valuations, latest market trends, and developments in the African continent with a special focus on finance, energy & renewables, and technology.
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Sasol cuts Mozambique gas production amid post-election unrest, prioritizing safety of staff and infrastructure as tensions escalate.
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Sirte Oil’s new Zelten well achieves 2,300 bpd, boosting Libya’s daily crude output above 103,000 bpd, highest since 2007.
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Nigeria, Angola, and Algeria lead Africa’s oil production, driving economies while navigating structural challenges and global market fluctuations.
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Noble secures $171 Million Tullow Ghana drilling contract, boosting exploration and Ghana’s economy through offshore drilling advancements.
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ACREP to begin oil exploration in Angola’s Cabinda Norte Block in 2025, addressing longstanding bureaucratic and infrastructure challenges.
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Shell Nigeria approves Bonga North project, aiming for 110,000 barrels per day, boosting oil production and economic growth.
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ECOWAS launches $75 million fund to boost renewable energy, regional integration, and food security across West Africa.
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Seplat Energy aims to revive idle wells, boosting Nigeria’s oil production to exceed 200,000 barrels per day.
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Kenya leads Africa in geothermal power development, driving clean energy solutions and setting a benchmark for renewable energy growth.