Investment

The recent electricity market deregulation in South Africa and Zambia is expected to attract significant private investment, fostering economic growth and boosting energy security. By dismantling monopolistic structures and introducing …

Africa’s renewable energy sector, valued at $193 billion, presents vast opportunities in solar, wind, and hydro power, driving sustainable growth and energy access.

In a significant development for Nigeria’s energy sector, the state-owned Nigerian National Petroleum Corporation (NNPC) announced a planned investment of $550 million with French energy giant TotalEnergies to develop a …

Canadian pipeline company Pembina Pipeline Corp (Pembina) is throwing cold water on the idea of investing in the newly expanded Trans Mountain pipeline (TMX). The company’s chief financial officer, Cameron …

Rising concerns about growth prospects and policy uncertainty, particularly in the US, are causing investors to pull back from renewable energy funds, threatening the green energy transition.

A newly established Africa Energy Bank has announced plans to invest a substantial $5 billion in various oil and gas projects across the continent. The bank’s ambitious investment strategy aims …

NNPC Ltd is looking to attract foreign direct investment from South Korea for its gas projects, as part of its efforts to boost the country’s gas sector and reduce its …

Chevron, one of the world’s leading energy companies, has expressed its interest in partnering with Nigeria to unlock further oil and gas potential, tapping into the nation’s “tremendous human capacity”. …

Nigeria, Africa’s largest oil producer, has secured a major investment deal with French energy giant TotalEnergies. The company’s CEO, Patrick Pouyanne, met with Nigeria’s President Bola Tinubu in Abuja on …

Nigeria, Africa’s largest oil producer, has been overlooked by two of the biggest American oil companies in their 2024 spending plans. Chevron and ExxonMobil have announced their budgets for next …