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Africa

  • Markets

    Angola Quits OPEC, Shaking Up Oil Market

    by Motoni Olodun December 22, 2023
    by Motoni Olodun December 22, 2023

    Angola, Africa’s second-largest oil producer, has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC), a move that could have significant implications for the global oil …

  • Energy Transition

    World Bank Launches $15 Billion Clean Energy Programme in Africa

    by Motoni Olodun December 18, 2023
    by Motoni Olodun December 18, 2023

    The World Bank has announced a new initiative to accelerate the transition to clean and sustainable energy in Sub-Saharan Africa. The program called Accelerating Sustainable and Clean Energy Access Transformation …

  • Government

    China’s Green Energy Dominance in Africa Threatens Western Interests

    by Motoni Olodun December 12, 2023
    by Motoni Olodun December 12, 2023

    China has been investing heavily in renewable energy projects across Africa, securing its access to critical minerals and challenging the influence of Western powers. A recent report by the China …

  • Energy Transition

    Octopus Energy to Build Dozens of Wind Farms Across Africa

    by Motoni Olodun December 12, 2023
    by Motoni Olodun December 12, 2023

    Octopus Energy, a British renewable energy company, has announced its ambitious plans to build dozens of wind farms across Africa, starting with a project in Sierra Leone. The company, which …

  • Energy TransitionIn the News

    Africa’s Energy Evolution: The Rise of Mini-Grids in Bridging the Electricity Gap

    by Adenike Adeodun December 6, 2023
    by Adenike Adeodun December 6, 2023

    Mini-grids are transforming energy access in sub-Saharan Africa, bridging the urban-rural gap and propelling towards sustainable electrification.

  • Energy Transition

    World Bank’s $5 Billion Plan to Light Up Africa by 2030

    by Motoni Olodun December 6, 2023
    by Motoni Olodun December 6, 2023

    The World Bank has announced a bold initiative to bring electricity to 100 million people in Africa by the end of the decade, as part of its efforts to support …

  • Energy Transition

    African Nations Unite for Revolutionary Energy Leap: The BESS Consortium

    by Motoni Olodun December 4, 2023
    by Motoni Olodun December 4, 2023

    In a groundbreaking move, several African nations have expressed their intent to join the Battery Energy Storage Systems (BESS) Consortium. This initiative, launched at COP28, promises to revolutionize Africa’s energy …

  • Energy Transition

    Africa’s Oil and Gas Industry Faces a Dilemma: To Go Green or Not?

    by Motoni Olodun December 1, 2023
    by Motoni Olodun December 1, 2023

    Africa is at a crossroads as it faces a dilemma: to pursue its economic development through fossil fuels or to embrace a green energy transition. This is the main issue …

  • In the News

    AEC Report: Onshore Drilling to Spearhead Africa’s Exploration Activity

    by Adenike Adeodun November 29, 2023
    by Adenike Adeodun November 29, 2023

    Africa’s 2024 onshore drilling surge heralds a robust energy future

  • Energy TransitionIn the News

    African Scientists and Youth Urge Leaders to Reject Fossil Fuels at COP28

    by Motoni Olodun November 28, 2023
    by Motoni Olodun November 28, 2023

    A group of nearly 50 scientists and over 2000 youth from 30 African countries have written an open letter to African heads of state and governments, urging them to reject …

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Nigeria’s Oil Boom: Record Production in September 2023

Oil Prices Hold Steady as OPEC+ Signals Pause in Output Increases
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Oil Prices Hold Steady as OPEC+ Signals Pause in...
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