Tag: Energy Investment

Botswana, Oman strike energy, mining deals to boost Africa ties

Botswana is stepping up efforts to reduce its reliance on diamonds, signing new agreements with Oman that span energy, mining and infrastructure. The deals come as the Southern African country faces softer global demand for diamonds, a sector that has long supported public finances and economic growth.  For years, diamonds have accounted for about a third of Botswana’s economy. But…

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BP to invest $1.5 billion in Egypt gas projects amid Africa energy push

BP plans $1.5B Egypt gas investment, strengthening regional hub status.

Timilehin Adejumobi Timilehin Adejumobi

Egypt emerges as key energy market as Shell eyes EGYPES 2026

Egypt is steadily becoming a central player in regional energy markets, drawing global attention as the country expands its energy infrastructure and capacity. With rising domestic demand and a strategic location connecting North Africa, the Mediterranean, and the Middle East, the country is increasingly critical for liquefied natural gas (LNG), oil, and renewable energy projects.  Energy companies are taking notice.…

Oluwatosin Alao Oluwatosin Alao

QatarEnergy launches new gas exploration drive in Egypt

At a Glance QatarEnergy is deepening its footprint in Egypt’s energy landscape through a new partnership with Italy’s Eni to explore natural gas in the offshore North Rafah concession in the Mediterranean Sea. The agreement highlights QatarEnergy’s continued commitment to expanding its upstream portfolio and strengthens Egypt’s role as an emerging hub for gas exploration and production.  The North Rafah…

Oluwatosin Alao Oluwatosin Alao

Mozambique bonds jump as TotalEnergies resumes LNG project

At a Glance Mozambique’s sovereign bonds surged on Monday after France’s TotalEnergies SE lifted force majeure on its $20 billion liquefied natural gas project — a long-awaited move that marks a turning point for one of Africa’s most ambitious energy ventures.  The decision has revived confidence among investors who view the LNG development as central to Mozambique’s economic recovery. It…

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