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In the News
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Africa faces increasing power blackouts due to aging infrastructure, surging demand, climate change impacts, and governance issues.
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U.S. oil and gas M&A activity hit $105 billion in 2024, driven by natural gas demand and refracking opportunities as acquisition targets shrink.
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Oil prices rise after hitting lows, driven by U.S. tariff plans and easing Libya supply risks, while China’s economic slowdown weighs on demand
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Africa’s energy growth is hindered by weak policies, poor investment frameworks, and inefficient planning, slowing renewable energy expansion and access.
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Oilfield service firms are struggling as drilling activity slows and prices decline, forcing many into rising debt and potential bankruptcy.
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Africa’s shift to renewable energy presents opportunities for economic growth, improved energy access, increased foreign investment, and environmental sustainability.
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Africa’s ambitious renewable energy goals aim to significantly increase capacity and connect millions to sustainable power by 2030.
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The EU is weighing relief on Syria sanctions for energy and transport sectors to support infrastructure rebuilding and economic recovery.
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Trump’s push for U.S. power grid upgrades focuses on long-distance transmission to meet surging energy demand and support renewable energy projects