Monday, July 22, 2019
Multi-asset Africa-focused energy and resource company, Kibo Mining, has announced it has completed the acquisition of an 85% interest in the Mabesekwa Coal Independent Power Project (MCIPP) with Sechaba Natural Resources Limited. Located in Botswana, the project  complements Kibo’s Mbeya...
Renewable energy technologies have experienced dramatic cost declines in recent years, triggering a lasting surge in renewable energy development, writes Markus Steigenberger, international director of Berlin-based think tank Agora Energiewende. Advances in renewable technology in combination with growing concerns about the...
Nigeria’s state oil firm NNPC has extended its crude-for-product swap contracts, the country’s main avenue to meet the bulk of its fuel needs, until June 2019, sources familiar with the matter said. Despite having a refining capacity of about 445,000...
Burkina Faso is now home to West Africa’s biggest solar farm, a 33-megawatt plant located in the town of Zatubi, outside the capital Ouagadougou. Built at a cost of $56.7 million, the 55-hectare (approximately 135-acre) farm is expected to power...
Exxon Mobil Corp. resumed talks with Ghana Oil Co. as the oil supermajor nears a deadline to find a local partner for the exploration of crude at an offshore field, according to people familiar with the matter. Talks between Exxon and...
In recent years, many economies in sub-Saharan Africa have grown at an unparalleled rate. Economic fortunes are on the upswing, populations are booming and international investment is flowing into the continent. A consequence of this has been a commensurate increase...
At least five oil consortiums said they were considering a proposal from the state-run Nigeria National Petroleum Corp. to prolong a crude-for-fuels swap program until the middle of next year, people familiar with the matter said. Extending the swap would...
South Africa is set to develop a pioneering 1 MW pilot project aimed to supply clean electricity to a large-scale Hermanus abalone farm, in the Western Cape. Mean Sea Level (MSL) CEO and Engineer Marius...
The government of the republic of Kenya through the states ministry of Petroleum and Mining has signed an agreement with three major oil companies namely Total, Tullow Oiland Africa Oil Corp to develop a crude processing facility with a capacity to...
A responsAbility-managed energy holding company has acquired a 26% interest in Renewable Energy Holdings (REH), the owner and operator of run-of-river hydropower projects in Southern Africa. REH is the majority owner and operator of the 3 MW Sol Plaatje, the...
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