Afreximbank Arranges $650m Financing for Acquisition of NAOC Stake

African Export-Import Bank (Afreximbank) has announced that it successfully arranged a senior $500-million and a junior…

Kenya’s Hydropower Keeps Energy Costs Low Amid Changing Weather

Kenya Electricity Generating Company (KenGen) has assured consumers of a stable electricity supply and low power…

Eni Sells Nigerian Assets, Boosts Mozambique LNG

Italian energy giant Eni has sold its Nigerian onshore oil and gas assets. The company transferred…

BP Invests $49.56M in China’s Sustainable Aviation Fuel Sector

BP plc (BP), the global oil major, invested 354 million yuan ($49.56 million) in Zhejiang Jiaao…

Municipal Mismanagement Denies 8 Million Households Free Electricity in South Africa

South Africa’s Electricity Minister, Kgosientsho Ramokgopa, has criticised municipal mismanagement for preventing millions of households from…

Kenya to Start Construction of First Nuclear Plant in 2027

Kenya will begin constructing its first nuclear power plant in 2027 as part of a strategic…

Singapore Turns to Australia and Malaysia for Clean Energy

Singapore faces rising energy demands driven by data centres and limited local energy production options, so…

Minister Urges Shift from Costly Captive Power to Reliable Grid Connection

Minister of Power, Chief Adebayo Adelabu, highlighted the importance of grid connectivity over captive power plants…

Oando Completes a $783 Million Acquisition of NAOC

Oando PLC has acquired the Nigerian Agip Oil Company (NAOC) from Eni, the Italian energy giant,…

Accugas Invests $45M to Boost Gas Supply In Nigeria

Accugas Limited, a subsidiary of Savannah Energy, has invested $45 million in a new compression system…