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Africa

  • Markets

    How Tullow Oil is Betting on Africa for its Future Growth

    by Motoni Olodun March 8, 2024
    by Motoni Olodun March 8, 2024

    Tullow Oil, a UK-based oil and gas exploration company, has revealed its plans to focus more on its African assets in its annual report for 2020, which was published on …

  • Energy Transition

    Africa’s Green Energy Projects Stalled by IMF Debt Rules, Says TotalEnergies CEO

    by Motoni Olodun February 16, 2024
    by Motoni Olodun February 16, 2024

    Africa has enormous potential for renewable energy projects, but many of them are being held back by the International Monetary Fund (IMF), according to Patrick Pouyanne, the CEO of TotalEnergies. …

  • In the News

    World Bank and TDB Join Forces to Boost Clean Energy in Africa

    by Motoni Olodun February 14, 2024
    by Motoni Olodun February 14, 2024

    Africa is facing a dual challenge of expanding access to electricity and reducing its dependence on fossil fuels. More than half of the continent’s population lacks reliable and affordable power, …

  • In the News

    Aiteo, Atlantic Council Team Up for Africa’s Minerals

    by Oluwatosin Racheal Alabi February 8, 2024
    by Oluwatosin Racheal Alabi February 8, 2024

    The program, which was announced at the Mining Indaba, aims to enhance the role of African minerals in the global supply chains of the 21st century, especially in sectors like …

  • Energy Transition

    Africa’s Power Pools: A Game-Changer for Renewable Energy and Electric Vehicles

    by Motoni Olodun February 8, 2024
    by Motoni Olodun February 8, 2024

    Africa is on the verge of a renewable energy revolution, thanks to the potential of regional power pools and the growing demand for electric vehicles. According to the International Energy …

  • GovernmentIn the News

    Italy’s Plan to Power Africa and Europe Faces Resistance from AU

    by Motoni Olodun February 1, 2024
    by Motoni Olodun February 1, 2024

    Italy’s ambitious proposal to become a bridge for energy between Africa and Europe has met with scepticism from the African Union (AU), which questioned the feasibility and sincerity of the …

  • Energy Transition

    Italy’s $6 Billion Plan to Boost Energy and Education in Africa

    by Motoni Olodun January 30, 2024
    by Motoni Olodun January 30, 2024

    Italy has unveiled a $6 billion fund to strengthen its energy and education ties with Africa, as a way to address the root causes of migration and to support the …

  • In the News

    Puma Energy Partners with MBHE Group to Boost Renewable Energy in Africa

    by Motoni Olodun January 19, 2024
    by Motoni Olodun January 19, 2024

    Puma Energy, a global energy business, has announced a strategic partnership with MBHE Group, a renewable energy solutions provider in South Africa. The deal will see Puma Energy acquire a …

  • Energy Transition

    IFC Pledges $80 Million to Boost Renewable Energy for Businesses in Africa

    by Motoni Olodun January 14, 2024
    by Motoni Olodun January 14, 2024

    The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has announced a new partnership with the Facility for Energy Inclusion (FEI), a pan-African fund that …

  • In the News

    AXIAN Energy Secures $30 Million Loan for Renewable Projects in Africa

    by Motoni Olodun December 23, 2023
    by Motoni Olodun December 23, 2023

    AXIAN Energy, a pan-African group that operates in the renewable energy sector, has received a $30 million senior secured loan facility from the Emerging Africa Infrastructure Fund (EAIF), a Private …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Dangote Refinery Surpasses Nigeria’s Fuel Demand with 70 Million – Litre Daily Output
ExxonMobil in Talks to Power AI Data Centres with Cleaner Natural Gas

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Dangote Refinery Surpasses Nigeria’s Fuel Demand with 70 Million...
ExxonMobil in Talks to Power AI Data Centres with...
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