Equatorial Guinea: Chevron strengthens its presence in gas production

The commissioning of the first phase of the Alén Gas Hub-Backfill project intended for the treatment of gas at Punta Europa by Noble Energy...

Mauritania: Somelec expands its organization chart against a background of exclusion

The Mauritanian Electricity Company (Somelec) expanded its organization chart on February 25, 2021. It has six central departments, thus increasing the number of director...

Oil: BP’s abysmal losses

The British hydrocarbon giant shows a loss of 20.3 billion dollars according to the results unveiled Tuesday, February 2, against the trend of its...

Senegal: the start-up Oolu Solar raises 8.5 million dollars

Solar energy start-up, Oolu Solar, raised $ 8.5 million in Series B capital. The transaction was led by independent renewable energy developer RP Global. Other...

Cameroon: 700 billion FCFA for the restructuring of SONARA

The restructuring of the National Refining Company (SONARA) requires an investment of 700 billion FCFA ($ 1.2 billion) for the reconstruction of the plant...

Hydrocarbons: 45.5% drop in Total Côte d’Ivoire’s net income in the first half of...

The net income of Total Côte d'Ivoire, a subsidiary of the multinational oil company of the same name, fell 45.5% at the end of...

AFC Invests in Djibouti’s First IPP and Renewable Energy Project

Africa Finance Corporation ("AFC" or the “Corporation"), the leading infrastructure solutions provider in Africa, announces a US$63 million strategic investment to construct and operate...

First renewable energy project in Djibouti launched by investors AFC, CFM, FMO and GHIH

Supporting Djibouti to meet energy demands and transition towards 100% renewable energy- based electricity production by 2030 Africa Finance Corporation (AFC), Climate Fund Managers (CFM),...

Gabon: Petronas Announces Positive Signs on Oil and Gas Discovery

The local subsidiary PC Gabon Upstream S.A of the Malaysian firm Petronasa announces that it has recorded positive first signs on its deepwater oil...

Nigeria: African Development Bank’s Sustainable Energy Fund for Africa approves $500,000 grant for clean...

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank has approved a $500,000 grant to support the development and launch...

Global Future Councils Announces 5,000 MW Mega Solar Project in Southern Africa

Global Future Councils of the World Economic Forum have indicated that Namibia and Botswana are willing to jointly build a 5,000 MW mega solar...

Cameroon: headwinds on the electricity concession contract

Contradictory information indicates the willingness of the UK Investment Fund Actis to terminate - unilaterally - the concession contract of the electricity sector that...

CNOOC acquires 55% of two exploration blocks in Guinea Bissau

China National Offshore Oil Corp. (CNOOC), has acquired 55, 55% stake in Australian group FAR Limited in the oil licenses of the two blocks...

Guinea: holding of the sixth edition of the International Mining Symposium

Guinea hosted the sixth edition of the Mines Guinea Symposium, April 24-25, 2019 in Conakry, under the theme "Mining and infrastructure synergy: an issue...
X