ZIMBABWE: Invictus Raising $5.5m to Support the Development of the Cabora Bassa Project

Invictus Energy has announced a Placement of $3.5m and Share Purchase Plan (SPP) of up to $2m to raise a total aggregate amount of up to $5.5m (Capital Raising). Invictus … Read More

MOZAMBIQUE: Cuamba Solar Pv And Energy Storage Reaches Financial Close

Globeleq, its project partners, Source Energia and Electricidade de Moçambique (EDM), the Mozambican national power utility, have reached financial close on the 19MWp (15MWac) Cuamba Solar PV plant with a … Read More

ANGOLA: ICR Secures Long-term Hire Contract With Aker Solutions for BP’s Offshore Assets

ICR Integrity (ICR), global provider of specialist maintenance, integrity, and inspection solutions, has been awarded a long-term hire contract with Aker Solutions for the provision of Quickflange™ weldless connections for bp’s offshore … Read More

Africa to Continue Exploiting Hydrocarbon Resources While Exploring the Use of Renewable Energies – APPO

The Council of Ministers of the African Petroleum Producers’ Organization (APPO) just ended its 41st Ministerial Session with a resolve to continue the exploitation of its Member Countries’ huge oil and … Read More

ANGOLA/NAMIBIA: Wildcat Petroleum Appoints Striped Horse Resources as Advisor

Wildcat Petroleum announces that it has appointed Striped Horse Resources Ltd (SHR) as consultants. The SHR team has many years of practical experience of working within the Angolan oil sector. … Read More

MOZAMBIQUE: Globeleq, EDM and Sasol, Announces Financial Close of the Central Termica de Temane Power Project

Debt financing of the US$652.3 million project is being provided by IFC, together with its “B” loan participants FMO and Emerging Africa Infrastructure Fund (together US$253.5 million), US International Development … Read More

ZIMBABWE: Cluff Energy Acquires 25% Interest in Cabora Bassa Project

Invictus Energy has announced that it has executed a farm-in option agreement with Cluff Energy Africa Limited (CEA) for a 2 well exploration drilling campaign in the Cabora Bassa Project. … Read More

ANGOLA: Eni Announces FID on SOLENOVA’s Caraculo Photovoltaic Project

SOLENOVA, an Eni-Sonangol JV aimed at developing renewable energy projects, has reached the Final Investment Decision (FID) and the signing of the Engineering, Procurement and Construction (EPC) contract for the … Read More