AfricaGoGreen Fund receives over $30M investments from the AfDB, the SEFA, and the Nordic Development Fund

The African Development Bank and the Bank’s Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $20 million in the AfricaGoGreen Fund, a debt fund established to … Read More

AfDB Approves $379.6M Desert to Power financing facility for the G5 Sahel countries

The Board of Directors of the African Development Bank Group has approved the Desert to Power G5 Sahel Financing Facility, covering Burkina Faso, Chad, Mali, Mauritania, and Niger. The Bank envisages … Read More

Wildcat Petroleum Announces Appointment of Africa-focused Upstream Oil & Gas Consultancy

Wildcat Petroleum a company targeting investment opportunities in business and assets within the upstream sector of the petroleum industryhas announced the appointment of PETRO-TEC (PT) as petroleum consultants. PT is … Read More

CAMEROON/CHAD/LESOTHO: Scatec Enters into Multiple Deals to Deliver Hybrid Solar & Storage Plants in Africa

CAMEROON Release by Scatec has entered into a lease agreement with electricity company ENEO in Cameroon to deliver two hybrid solar and storage plants totalling 36 MW solar and 20 … 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

CAMEROON/CHAD: Savannah Energy Signs SPA with Exxon Mobil Corporation and PETRONAS

Savannah Energy PLC, has announce that it has signed a Share Purchase Agreement (SPA) with Exxon Mobil Corporation, ExxonMobil International Holdings, Inc. and Esso Exploration Holdings, Inc. (Exxon) and has separately … Read More

CONGO: CEMAC Business Energy Forum Will Position CEMAC as a Globally Competitive Oil and Gas Market

The Oil and Natural Gas Industry is proud to endorse the upcoming Central African Economic and Monetary Community (CEMAC) Business Energy Forum, taking place on 29 – 30 November 2021 … Read More

Green Climate Fund Invests $150 million in Desert to Power G5 Sahel Financing Facility

The African Development Bank has welcomed $150 million investment in its Desert to Power G5 Financing Facility from the Green Climate Fund (GCF). The GCF approved the amount at its … Read More