Government

Eskom has named Thyspunt on South Africa’s Eastern Cape coast as the preferred site for its proposed 5,200-megawatt nuclear power station.

Ghana and Mozambique walked out of the Africa Energies Summit over discrimination. The African Energy Chamber wants Nigeria and Senegal to do the same.

President Tinubu has approved a N3.3 trillion debt settlement to 15 power plants accumulated over a decade, in a bid to restore stable electricity supply

Europe is pivoting from decades of aid to interest-driven energy deals with Africa as the Iran war rewrites global supply chains

Ethiopia and Russia signed a nuclear energy development roadmap March 31, pushing Addis Ababa closer to its first reactor as hydropower risks mount

The World Bank, African Development Bank and Rockefeller Foundation launched a private sector council to electrify 300 million Africans by 2030

KEY POINTS Brazil’s state-controlled energy giant Petrobras is weighing a return to Nigeria’s upstream oil sector, signaling renewed interest in deepwater and ultra-deepwater exploration as Africa’s largest crude producer courts …

OPEC+ plans a major oil output hike by November as Saudi Arabia cracks down on members violating production quotas

Australia’s mining and energy export earnings are projected to fall 6% in 2024 as iron ore prices dip and Chinese demand slows

Oil prices rise as traders assess U.S. tariffs and tightening crude supplies, with concerns about the global economy