Tag: African energy

Solar Project
EnergyBusiness

$566 million deal advances Egypt’s push for large-scale solar power

Nefer Minya Solar Project secures up to $566 million in financing for Egypt’s planned 1.2-GW solar plant and battery storage system.

Timilehin Adejumobi Timilehin Adejumobi
TotalEnergies
BusinessHot News

TotalEnergies gets $1.8 billion from BlackRock’s GIP for African infrastructure

The TotalEnergies GIP Africa deal brings $1.8 billion from BlackRock’s GIP for African oil and gas infrastructure.

Timilehin Adejumobi Timilehin Adejumobi
Petrobras
BusinessHot News

Petrobras expands in Africa with 8 offshore blocks in Ivory Coast

Petrobras Ivory Coast expansion adds eight offshore blocks as the Brazilian oil giant takes a 90% operating stake in new exploration acreage.

Timilehin Adejumobi Timilehin Adejumobi
Eni Energy Giant
BusinessHot News

Senegal, Eni sign deal to assess five offshore oil blocks

Senegal Eni deal will assess five offshore oil and gas blocks as Dakar seeks fresh investment in exploration and its energy sector.

Timilehin Adejumobi Timilehin Adejumobi
Panoro Energy
BusinessHot News

Panoro Energy secures Côte d’Ivoire gas stake in $64.4 million deal

Panoro Energy Côte d’Ivoire deal gives the company a 9.09% Block CI-27 stake in a $64.4 million acquisition.

Timilehin Adejumobi Timilehin Adejumobi
Afreximbank
BusinessExclusive

Afreximbank targets $5.18 billion in Angola oil and gas opportunities

Afreximbank is targeting $5.18 billion in Angola oil and gas projects as the country pushes for greater local ownership and investment.

Oluwatosin Alao Oluwatosin Alao
Etu Energias
BusinessHot News

Angola’s Etu Energias targets 100,000 Bpd oil production in 5 years

Etu Energias 100,000 bpd target could reshape Angola’s oil sector as the company expands assets and considers an international IPO.

Timilehin Adejumobi Timilehin Adejumobi
ExxonMobil
BusinessHot News

Angola announces new oil discovery with ExxonMobil, Block 15 Partners

Angola’s 20th oil discovery in Block 15 adds to a field that has produced over 2.7 billion barrels as the country seeks to sustain output.

Oluwatosin Alao Oluwatosin Alao
Etu Energias
BusinessHot News

Etu Energias buys $260 million Chevron stake in Angola offshore block

Etu Energias Chevron Deal is worth $260M as the Angolan company acquires Chevron stakes in Blocks 14 and 14K offshore Cabinda.

Timilehin Adejumobi Timilehin Adejumobi
Sasol commits $36.5 million to local development in Africa by 2030
BusinessHot News

Sasol commits $36.5 million to local development in Africa by 2030

Sasol will invest $36.5 million in local development projects across 70 communities in Mozambique’s Inhambane province by 2030.

Oluwatosin Alao Oluwatosin Alao
Chevron-Equinor-deal-signing
BusinessHot News

Equinor joins Chevron in Namibia offshore block as Africa oil expands

Equinor Namibia offshore oil deal gives the Norwegian energy giant a stake in PEL 90 as Chevron expands exploration in the Orange Basin.

Timilehin Adejumobi Timilehin Adejumobi
Nasan-Energ
BusinessHot News

Nasan Energies expands in Namibia with $50 million fuel station deal

Nasan Energies fuel stations deal expands Namibia’s energy sector after acquiring 52 Engen and Shell stations in a $50 million deal.

Timilehin Adejumobi Timilehin Adejumobi