Africa energy transition Archives

AfCFTA Secretariat, Ecobank sign deal to boost intra-African trade, SMEs

AfCFTA and Ecobank sign deal to boost intra-African trade and SME finance, supporting $3 billion funding for Africa’s regional markets.

Timilehin Adejumobi May 21, 2026

Afentra expands Angola oil drilling plans, targeting offshore discoveries and Kwanza Basin wells by 2027.

Business Technology

Afentra targets Angola exploration wells by 2027, eyes Africa oil growth

Afentra plc is stepping up its expansion plans in Angola as higher crude prices and renewed interest in African energy assets improve the outlook for exploration across the region. The company, which recently ended takeover talks with potential buyers, is turning its attention to both offshore discoveries and onshore drilling prospects in Angola, sub-Saharan Africa’s second-largest oil producer. The move…