Tag: Africa energy

Egypt power lines
BusinessHot News

Egypt secures $391 million UAE-backed investment for Gulf of Suez grid

Egypt Gulf of Suez grid investment reaches $391 million, strengthening renewable energy, power transmission and clean energy growth.

Timilehin Adejumobi Timilehin Adejumobi
NNPC plans Africa energy expansion
BusinessHot News

NNPC plans Africa energy expansion as power demand rises

NNPC plans to expand its role across Africa's energy sector, pursuing new investment, gas development and partnerships as electricity demand continues to rise.

Oluwatosin Alao Oluwatosin Alao
Nasan Energy
BusinessHot News

Namibia clears Nasan Energies to resume fuel supply deal with Vitol

Namibia fuel supply deal with Vitol resumes as Nasan Energies wins government approval, boosting energy security and market stability.

Timilehin Adejumobi Timilehin Adejumobi
Gene Energy Office
BusinessHot News

Genel Energy eyes Egypt expansion in $360 million Capricorn acquisition

Genel Energy Egypt expansion accelerates after its $360 million Capricorn Energy acquisition, strengthening production and growth.

Timilehin Adejumobi Timilehin Adejumobi
WeLight solar mini-grids
BusinessHot News

Africa’s largest solar mini-grid firm WeLight plans $650 million expansion   

WeLight solar mini-grid expansion targets $650 million to scale rural power access across Africa’s off-grid communities.

Timilehin Adejumobi Timilehin Adejumobi
NNPC
BusinessHot News

Nigeria’s NNPC seeks bids for new Cawthorne oil grade launch

NNPC launches Cawthorne Crude, expanding Nigeria's premium oil exports and boosting foreign exchange earnings.

Timilehin Adejumobi Timilehin Adejumobi
Envision Energy
BusinessHot News

Envision Energy expands Africa footprint with South Africa office launch

Envision Energy Africa Expansion accelerates as the green technology leader opens a Cape Town office to support renewable energy growth.

Timilehin Adejumobi Timilehin Adejumobi
TGS Workers
TechnologyHot News

TGS secures key 3D exploration contract in Africa and Middle East

TGS 3D Exploration Contract strengthens Africa and Middle East energy exploration with advanced seismic technology and growth.

Timilehin Adejumobi Timilehin Adejumobi
Vitol Group
BusinessHot News

Namibia picks Vitol as sole fuel supplier in strategic energy move

Namibia appoints Vitol as sole fuel supplier for three months, aiming to cut costs, stabilize fuel markets and secure energy supply.

Timilehin Adejumobi Timilehin Adejumobi
Mozambique launches $40 million LNG training center in Maputo
BusinessTechnology

Mozambique breaks ground on major technology center to boost innovation

Mozambique launches a $40 million tech center to train local LNG workers and grow Africa’s energy workforce.

Oluwatosin Alao Oluwatosin Alao
Global commodities Group, Trafigura
BusinessTechnology

Trafigura pays $1 billion for Gabon oil, tightening grip on Africa output

Singapore-based commodities trader Trafigura has agreed to a $1 billion prepayment deal with Gabon, securing future crude supplies in a move that highlights the growing use of oil-backed financing across Africa.  The agreement gives Gabon immediate access to funds at a time when many resource-rich economies are looking for ways to steady public finances and fund development without taking on…

Oluwatosin Alao Oluwatosin Alao
BP oil ang gas
Hot News

BP expands Africa oil bet with stake in Namibia offshore blocks

BP expands into Namibia’s Walvis Basin, acquiring offshore stakes from Eco Atlantic as Africa’s oil frontier heats up.

Timilehin Adejumobi Timilehin Adejumobi