US-Africa Energy Committee Makes Capital Markets Access its Priority

The US-Africa Committee of the African Energy Chamber  held its first Meeting this week to discuss the future of energy cooperation and investments between the US and Africa post Covid-19. … Read More

Fiscal revisions may unlock Sub-Sahara Africa’s 48 billion barrels of discovered oil

Wood Mackenzie asserts that the oil price crash has accelerated the need for fiscal adjustments, as Sub Sahara African governments prepare to weather significant reductions in vital tax revenue. With … Read More

Erin Energy obtains 18-month extension in Kenya’s Blocks L27 and L28

Erin Energy Corporation has announced it has obtained an eighteen-month extension of the Initial Exploration Period (IEP) of its offshore Kenya blocks, L27 and L28. The IEP on blocks L27 and L28 which … Read More

Vanoil Energy reviews company operations to focus on Kenyan case

Last week Vanoil Energy announced that the board of directors has instructed management to conduct an immediate review of all Company operations as it shifts its priority aggressively pursue its … Read More

Simba Energy raises funds for exploration in Kenya and Guinea

Simba Energy has announced the closure of second and final tranche of the Private Placement which is expected to raise USD $2.97 million. This is the second private placement after the … Read More