New IEA report lays out pathway to finance universal electricity access in Africa

First-of-its-kind tracking shows investment is rising but remains well below levels needed to close the access gap Insufficient capital is a key obstacle to expanding electricity access for the roughly … Read More

TANZANIA: Work on the Ntorya Pipeline to Commence this month

Aminex has provided the following operations update on the Ntorya development: ·    At the end of last week, the Tanzania Petroleum Development Corporation (TPDC) formally notified the operator of the Ntorya development (ARA … Read More

East African Petroleum Regulators Sign Agreement to Strengthen Regional Energy Cooperation

The Petroleum Authority of Uganda (PAU) today formalised a partnership with the Zanzibar Petroleum Regulatory Authority (ZPRA) and the Petroleum Upstream Regulatory Authority (PURA) of Tanzania, through the signing of … Read More

MOZAMBIQUE: Aiteo Eastern E&P, PETROMOC, Enter MoU to Build a new Refinery

Nigerian energy firm Aiteo Eastern E&P Company Limited has entered into a partnership with Mozambique’s national oil company, PETROMOC, to build a new refinery. According to local media reports, the … Read More

Afreximbank launches US$3 Billion Revolving Intra-African Oil Import Financing Programme

To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30billion annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) … Read More

Sicuro Group Expands Footprint with Acquisition of John Andrews Risk Management

New partnership creates a comprehensive security solutions provider across 16 East African nations. Sicuro Group announced the acquisition of John Andrews Risk Management (JARM), a leading Kenyan security firm, establishing … Read More