Somalia has invited Turkey to explore for oil in its seas. Turkey President Tayyip Erdogan confirmed the invitation and said his country would take steps in line with the approach. “There is an offer from Somalia. They are saying: ‘There is oil in our seas. You are carrying out these operations with Libya, but you […]
The Board of Directors of African Development Bank Group has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support the preparation of the Ruzizi IV Hydropower Project. The plant will be situated on the Ruzizi River between Rwanda and the Democratic Republic of Congo and will supply electricity […]
South Sudan has announced a tender for a comprehensive environmental audit of all the country’s producing oilfields. The Petroleum Act of 2012, enacted a year after independence, governs the oil sector in South Sudan. The Act is designed to better manage the environmental impact of the sector after years of neglect prior to independence, and […]
The African Development Bank’s Board of Directors has approved a grant to the government of Sudan to accelerate the adoption of solar-powered irrigation pumps in the country’s West Kordofan and North Kordofan states. The project will enable farmers’ adoption of renewable energy technology through the installation of 1,170 photovoltaic (PV) irrigation pumps, the establishment of […]
One of Malawi’s first solar projects has reached financial close after attracting investment volume totalling $67 million USD. Initial site works have begun in Nkhotakota, and construction of the first phase is targeted for completion by March 2020. Once complete, the project will add 46 MW of clean energy to the local power supply. Developed […]
Genel, the company exploring oil in Somaliland is targeting to get over two billion barrels. In August 2012, Genel was awarded an exploration license for onshore blocks SL-10-B and SL-13 in Somaliland, with a 75% working interest in both. Genel extended its presence in November 2012 with the acquisition of 50% participating interest in the […]
The World Bank has considered a Management Report and approved a Management Action Plan that responds to an independent Panel Inspection of the Uganda Energy for Rural Transformation III and Water Management and Development Projects. The Inspection Panel’s investigation was in response to a request filed by complainants alleging harm caused by the construction of […]
Ministers from Somaliland administration and delegates from the infrastructure, energy and the extraction industry are in Nairobi, Kenya for the investment forum that kicked off yesterday. The Somaliland administration will be hoping to woo investors into the internationally unrecognized country to explore the massive resources it has to offer. Key among the speakers in the […]
East Africa and the Indian Ocean have witnessed substantial discoveries of oil and gas in the last decade, but the full potential of the region has yet to be realized. Two of the regions brightest projects are located on the south-east coast of the continent in Tanzania and Mozambique. The massive Coral South FLNG Project […]
Irene Muloni, Uganda’s Minister for Energy and Mineral Development, has revealed that 90% of Uganda’s energy mix is from renewable sources. “There is vast potential for renewable energy sources from the various water bodies in the country,” she noted. This was during the Ministerial Panel at the 26th Africa Oil Week (AOW) 2019 in Cape […]
Over 200 senior executives from IOC and NOCs along with ministerial delegations from leading African nations joined to look for solutions to Africa’s energy challenges. Amongst the traditional African oil giants were several countries that have been rapidly growing their oil and gas credentials in the form of Uganda and Equatorial Guinea. Uganda joins the […]
Uganda’s Minister of Energy and Mineral Development Irene Muloni, is leading a delegation of private and public sector players from Uganda’s oil and gas sector at Africa Oil Week 2019, 4th to 8th November 2019 in Cape Town, South Africa. “Uganda is promoting the country`s highly progressive and lucrative hydrocarbon sector during the Africa Oil […]
South Sudan and Egypt have signed a Memorandum of Understanding regarding cooperation in the field of downstream oil and gas. South Sudan will launch its first-ever licensing agreement in the first quarter of 2020 regarding 13 blocks onshore open for tender. As a testimony to South Sudan’s growing attractiveness as an investment destination, South Sudan […]